The Wealth Without Wall Street Podcast

Do you want to invest in real estate without the hassle of managing tenants? Syndications offer a way to build passive income by pooling resources with other investors without dealing with property maintenance.In this episode,  the financial coaches explain how syndications work, why they fit different Investor DNA profiles, and how to vet deals like a pro. They also discuss common risks and the red flags you must avoid before investing. If you’re looking for an alternative way to grow wealth through real estate, this episode is a must-listen!Top three things you will learn:-How syndications work -Recognizing and avoiding red flags-Who should (and shouldn’t) invest in syndicationsDisclaimer: 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.Want to discover your perfect investing strategy?-Follow us on Instagram → https://www.instagram.com/wealthwithoutwallst/-DM "DNA" to take the Investor DNA Quiz!The Art of Passive Income Podcast:-https://www.youtube.com/playlist?list=PLgqpzGRlkzzF9aYUSs96e5GQmL6hRzg6TTurn Active Income Into Passive Income:-https://wealthwithoutwallstreet.com/piosBook Your Free Passive Income Game Plan Session:-https://wealthwithoutwallstreet.com/freecallWealth Without Wall Street New Book:-https://wealthwithoutwallstreet.com/newbookIBC Webinar:-https://wealthwithoutwallstreet.com/ibcJoin Our Next Inner Circle Live Event:-https://www.wealthwithoutwallstreet.com/live-Promo Code: PODCASTFind Out How Close You Are to Financial Freedom: -https://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/wwws-passive-income-mastermindJoin Our Short-Term Rental (STR) Course:-https://go.wealthwithoutwallstreet.com/strcourseThe Land Geek:-https://thelandgeek.com/How to Buy Online Businesses for Profit:-https://wealthwithoutwallstreet.com/freedomnavigatorCreate a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:-https://wealthwithoutwallstreet.com/carsInvest With Your Friends and Family:-https://tribevest.com/partners/wwwsKnow Your Investor DNA:-https://wealthwithoutwallstreet.com/investordnaThe Infinite Banking Concept Explained by a CFP:-https://youtube.com/watch?v=sVuexMv6Kf4Becoming Your Own Banker by Nelson Nash:-https://infinitebanking.org/what-is-infinite-banking/becoming-your-own-banker/Financial Literacy App for Kids:-https://gravystack.com/Here is the List of "40 Books We Recommend" on our Amazon Store: https://amzn.to/49UyD1d---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://wealthwithoutwallstreet.com/inner-circle—

Join seasoned real estate private lender Jason Balin as he reveals the ins and outs of hard money lending. With over 4,000 private loans under his belt, he discusses how this often-overlooked strategy can generate high returns while safeguarding your capital. Learn the differences between active and passive lending, the pivotal role of due diligence, and how to create a defined 'buy box.' Balin also emphasizes the importance of community support in navigating the complexities of real estate investments.

JD Hill, a seasoned investor in real estate and private lending, teams up with Jamie O'Brien, a savvy real estate investor and private lender. They delve into the world of private lending, unraveling its potential for generating passive income with less risk. Listeners discover how to structure loans, secure deals, and effectively manage risks. With insights on finding trustworthy borrowers and creating a solid lending portfolio, this conversation is packed with practical advice to kickstart your journey towards financial freedom.

Dr. Nate Salah, a seasoned tax expert and founder of The Income Tax Center, reveals essential tax strategies for business owners. He discusses common tax mistakes that can cost entrepreneurs thousands. Learn about the Augusta Rule for potential tax-free income and the importance of proper business structure. Nate also emphasizes the role of AI in tax preparation and the significance of meticulous documentation. With practical advice, this conversation equips listeners with tools to reduce taxable income and optimize financial outcomes.

Mark Karaguchi, an experienced real estate investor and financial coach, joins Jonathan Day, a financial coach and pastor, to share their biggest money mistakes. They discuss the dangers of chasing shortcuts and the emotional decisions that can lead to financial blunders. With practical strategies for passive income and smart investing, they emphasize the importance of financial education and a proactive mindset. Listeners will learn how to avoid scams, make informed choices, and understand the difference between income and expenses.

Discover the journey of launching a vending machine business with the hosts' daughters. They share real-life insights on passive income, including successes and challenges in Turo car rentals and long-term real estate decisions. Learn about the impact of technology on vending machines, from AI to smartphone integration. Explore financial strategies, consumer behavior, and the importance of location and product choices. Gain valuable knowledge on maximizing ROI in various investments while navigating the complexities of financial freedom.

In a lively discussion, Ben Buzek, an experienced online seller specializing in land and real estate, explores the nuances of e-commerce with hosts David Karcher and Joey. They dive into whether e-commerce can truly be passive income or if it's more of a demanding job. Key topics include the pitfalls beginners make, the importance of data-driven decisions, and insights on dropshipping versus private labeling. They also discuss the vital roles of automation, community support, and expert guidance in ensuring success in e-commerce ventures.

Justin Goodbread, a seasoned entrepreneur and deca-millionaire, shares insights from his 30 years of experience in building and selling businesses. He emphasizes the importance of creating a sellable asset and avoiding common pitfalls that lead to financial loss during exits. Listeners learn about forming a 'dream team' crucial for maximizing sale profits and uncovering ways to turn investments into cash-flowing entities. Goodbread also highlights the shift from an employee mindset to cultivating a passive income, encouraging actionable steps toward achieving financial independence.

In this discussion, real estate investors Jamie O'Brien and Mark Karaguchi tackle the myths surrounding Infinite Banking. Jamie shares his experience leveraging this strategy for cash flow management and familial legacy, while Mark reveals how he overcame skepticism as both an investor and pilot. They debunk the notion that Infinite Banking is exclusive to the wealthy and highlight its benefits for all. Listeners will discover why this misunderstood strategy can transform financial futures and how community engagement plays a crucial role in mastering it.

Garrett Gunderson, a renowned financial disruptor and advocate for entrepreneurial independence, joins the conversation to delve into the psychology of wealth. He explains how understanding your money persona can free you from limiting beliefs. The discussion highlights the journey from a scarcity to an abundance mindset and the essence of aligning your Investor DNA with suitable opportunities. Garrett emphasizes the significance of mentorship, personal accountability, and innovative thinking in overcoming financial barriers and achieving true financial freedom.