The Wealth Without Wall Street Podcast

Real estate investing expert Gino Barbaro shares valuable insights on multifamily real estate investing, including the importance of understanding real estate as a business, comparing stocks and real estate, mindset and the psychology of money, and understanding investment criteria.

Learn about the Infinite Banking Concept and how it can help you achieve financial freedom. Discover how it generates passive income and optimizes your cash flow. Explore the benefits of the concept and the importance of surrounding yourself with smart people for financial success. Compare the Infinite Banking Concept to traditional investment strategies and understand its efficiency in managing finances.

As a parent, you naturally want your kids to become ready to face the world. You strive to raise responsible and successful individuals. One of the skills they have to learn is financial responsibility. However, schools do not have it in their curriculum. So it is your responsibility to start teaching your children about money at home. The earlier they learn financial literacy, the greater the long-term impact. Parents have their way of enforcing financial responsibility on their children, like assigning homework or chores in exchange for money. However, there is a more effective way to teach kids about money, and that's what Scott Donnell will teach you in today's episode. Top three things you will learn: -The 3 E’s in the Home Economy (Expectations, Expenses, Extra Pay Opportunities)-The difference between being an entrepreneur and being entrepreneurial-How to teach your kids about value creationAbout Our Guest:Scott Donnell is the co-author of Value Creation Kid: The Healthy Struggles Your Children Need to Succeed. He established Apex Leadership Co, Hapbee Technologies, and the GravyStack™ banking app for kids and families. Since 2011, his companies have taught leadership, fitness, and financial competency to over 6 million kids nationwide. Scott lives in Phoenix with his wife, Amy, and their four kids.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 Scott Donnell:-Instagram - https://www.instagram.com/imscottdonnell/Join the Next Inner Circle Virtual Event April 4-6, 2024https://go.wealthwithoutwallstreet.com/inner-circle-livePromo Code: PODCASTFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermindJoin the Community:https://www.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://www.wealthwithoutwallstreet.com/passportKnow Your Investor DNA:https://go.wealthwithoutwallstreet.com/investordnaInvest with The Land Geek:https://www.thelandgeek.com/Invest with Your Friends and Family:https://www.tribevest.com/wwwsAccess the Free Training and Other Resources:https://www.wealthwithoutwallstreet.com/dinnertableThe World’s First Gamified Banking Platform for Kids and Teens:https://gravystack.com/—

Are short-term rental properties a good investment? There are many factors to consider, but the short answer is YES, assuming you do it the right way. If you've never done it before but you're interested in jumping into the profitable world of short-term rentals (STR), this conversation is exactly what you need. Today's round table features STR Operator and STR Course facilitator Clint Lovette, who is also a professional remodeling contractor. He previously shared his expertise in managing short-term rentals in the podcast, and now he's back with more information to help you start an Airbnb business in 2024. In today's conversation, Russ and Joey go through the following items with Clint:-Is it a good idea to invest in STR in 2024?-Pros and cons of investing in the STR space-How to talk to property owners about renting their place 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.Join the Next Inner Circle Virtual Event April 4-6, 2024:https://go.wealthwithoutwallstreet.com/inner-circle-livePromo Code: PODCASTTake advantage of a Free Financial Strategy Call:https://www.wealthwithoutwallstreet.com/freecallTurn 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://www.wealthwithoutwallstreet.com/communityDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200The Land Geek:https://www.thelandgeek.com/Invest With Your Friends and Family:https://www.tribevest.com/Know Your Investor DNA:https://go.wealthwithoutwallstreet.com/investordnaThings I Wish I Knew About The Short Term Rental Business with Clint Lovette:https://www.wealthwithoutwallstreet.com/podcast/things-i-wish-i-knew-about-the-short-term-rental-business-with-clint-lovetteJoin Our Short-Term Rental (STR) Course: https://go.wealthwithoutwallstreet.com/strcourse---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 there's one thing that employees fear, it's getting terminated or laid off, especially when they have a family to support, and their job is their primary source of income. If you are in the same position, how do you overcome the constant fear of avoiding the next round of job cuts?Living in fear of losing your job can be crippling, but preparation is the best way to beat the panic. Today's guest, Emma Powell, has an inspiring story that will nudge you to take action and make yourself layoff-proof. Whether you follow her path or find your own path, you will soon have the freedom to choose to work on the things you are passionate about and live a more fulfilling life. Top three things you will learn: Steps to becoming layoff-proofHow to get the education you need to pursue your path to financial freedomChoosing the right team members to become successfulAbout Our Guest:Emma Powell is a seasoned commercial real estate investor specializing in multifamily properties. With a strong belief in the importance of knowledge and risk mitigation in investments, Emma has dedicated her time to mastering the art of passive real estate investing. Leveraging various financial tools, such as self-directed IRAs, 401(k)s, 1031 exchanges, dividend-paying whole life insurance, HELOCs, and discretionary income, Emma has successfully built a diverse portfolio while enjoying passive cash flow, tax advantages, and substantial returns.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 Emma Powell:Website - https://risecapitalinvestments.co/ and https://riseclubcapital.com/Join the Next Inner Circle Virtual Event April 4-6, 2024https://go.wealthwithoutwallstreet.com/inner-circle-livePromo Code: PODCASTFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermindJoin the Community:https://www.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://www.wealthwithoutwallstreet.com/passportKnow Your Investor DNA:https://go.wealthwithoutwallstreet.com/investordnaInvest with The Land Geek:https://www.thelandgeek.com/Invest with Your Friends and Family:https://www.tribevest.com/wwws—

Learn about the benefits of using a life insurance line of credit instead of bank loans. Discover creative ways to use your life insurance as a source of funds for investments. Explore the advantages of using a life insurance credit line aside from easy access to cash. Dive into the concept of infinite banking for financial freedom and utilizing life insurance on a credit. Understand how interest rate changes affect loans against life insurance policies and the benefits of collateralization.

It was 2020 when Russ and Joey decided to share their passive income report and review the few deals they engaged in. Back then, they didn't have much to report, but they persevered in building multiple passive income streams. They have come a long way—from about $2,000 per month of passive income to $44,000 (and even higher in some months). While some investment decisions don't always turn out well, they take the lesson from each mistake and move forward. Today, they show us the results of their journey. Top three things you will learn: Before you invest in anything, it is critical to know your Investor DNA What deals have Russ and Joey tried, and what were the results?How to build passive income streams that will lead you to financial freedomDecember 2023 Income At-A-Glance: Gross Income for December: $44,001.53Total Expenses for December: $12,850.14Total Net Profit for December: $31,151.39Difference b/t November & December: ($7,748.33)% of net profit to overall gross revenue: 71%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.Inner Circle LIVE April 4-6, 2024:https://go.wealthwithoutwallstreet.com/inner-circle-livePromo Code: PODCASTFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallExplore the World's Largest Car Sharing Marketplace:https://turo.com/Learn How to Invest in Real Estate with The Land Geek:https://www.thelandgeek.com/Turn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/pios Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizSubscribe to Our YouTube Channel:https://www.youtube.com/@WealthWithoutWallStreetCheck Out Our Monthly Passive Income Reports: https://www.wealthwithoutwallstreet.com/passive-incomeDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermindSTACK Candles:https://www.stackcandles.com/—

These days, it’s possible for people to find events that satisfy their interests in cities around the world. No matter what you’re looking to get out of a live event, many people usually walk away having had the event exceed their initial expectations.While some people get intimidated by live events, those brave enough to attend will find that there’s so much to gain, just like what happened in the recent Inner Circle Live event. If you were not able to join, here’s your opportunity to hear what transpired, and maybe that will encourage you to attend the next event. In today's conversation, Russ, Joey, and the Financial Freedom Coaches share their biggest takeaways from the recent Inner Circle Live event, which focuses on the following:The power of connecting with people during live eventsHow to educate your family the fun way so you move together towards the same goal Different ideas that can jumpstart your journey to financial freedomDisclaimer: 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.Join the Next Inner Circle Virtual Event April 4-6, 2024:https://go.wealthwithoutwallstreet.com/inner-circle-livePromo Code: PODCASTTake advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallTurn 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://www.wealthwithoutwallstreet.com/communityDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200The Land Geek:https://www.thelandgeek.com/Invest With Your Friends and Family:https://www.tribevest.com/Know Your Investor DNA:https://go.wealthwithoutwallstreet.com/investordnaBecoming Your Own Banker by Nelson Nash:https://infinitebanking.org/product/becoming-your-own-banker/---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: http://wealthwithoutwallstreet.com/inner-circle—

Buck Joffrey, a surgeon turned entrepreneur and investor, talks about transitioning from being a highly paid professional to becoming an entrepreneur. He discusses how reading 'Cash Flow Quadrant' transformed his perspective. They also discuss the importance of building a network and exploring entrepreneurship, the success in oral surgery, and the process of leaving a successful career.

In this podcast, the hosts discuss the reasons not to use a savings account for Infinite Banking Concept (IBC) and highlight the benefits of using a life insurance policy instead. They compare rate of return, loanability, and interest rates, emphasizing the advantages of insurance contracts. Additionally, they explore the concept of Infinite Banking and the importance of protection in saving money. The chapter also tackles the limitations of savings accounts and encourages listeners to challenge their biases for financial freedom.