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In this episode of the Know Your Why Podcast, host Dr. Jason Balara sits down with David Steele, co-founder and CEO of One Wealth Advisors and a successful restaurateur. David shares his inspiring journey from growing up in a financially constrained household to founding a billion-dollar wealth management firm and thriving in the restaurant industry. The conversation explores the challenges of entrepreneurship, the critical role of goal setting, and the importance of financial literacy in professional development. David also reflects on the synergy between art and business, his passion for mentorship, and his dedication to helping others achieve success.
Key Highlights
- David is the co-founder and CEO of One Wealth Advisors and a restaurateur.
- His journey highlights persistence and the importance of goal setting in achieving business success.
- Financial literacy is an often-overlooked but essential element of professional education.
- David views entrepreneurship as a blend of art and business, where creativity meets strategic execution.
- Mentorship and nurturing internal talent are central to his leadership philosophy.
- The restaurant industry can be financially successful with the right principles and vision.
- Understanding your "why" provides clarity and motivation for personal and professional growth.
- David’s story showcases how art and business can coexist to create meaningful and sustainable success.
David Steele’s journey is a testament to the power of resilience, goal setting, and a clear sense of purpose. From wealth management to the restaurant industry, he demonstrates how combining financial acumen with creative vision can lead to remarkable achievements. Tune in to this episode of the Know Your Why Podcast for valuable insights into entrepreneurship, mentorship, and the art of building success across industries.
Get in touch with David:
Website: https://davidsteele.xyz/
Website: https://onewealth.net/
Email: [email protected]
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, host Dr. Jason Balara speaks with Clint Harris, a professional real estate investor and entrepreneur, about his journey from a thriving medical sales career to achieving financial independence through real estate. Clint shares his shift from short-term rentals to self-storage investments and introduces the concept of "independence of purpose," which integrates time, financial, and location freedom. The conversation explores the philosophy behind Nomad Capital, emphasizing purpose, family, and impact over wealth accumulation. Clint highlights the hard work required for financial independence, the importance of creating a legacy, and the value of building meaningful experiences with family while instilling gratitude and empathy in the next generation.
Key Highlights
- Clint transitioned from medical sales to real estate to gain time, financial, and location freedom.
- His concept of "independence of purpose" goes beyond financial success, focusing on purpose and fulfillment.
- Transitioning from short-term rentals to self-storage investments provided greater flexibility and scalability.
- Clint's lessons from property management have shaped his approach to real estate investing.
- Nomad Capital’s philosophy prioritizes creating impactful experiences and fostering a deeper sense of purpose.
- Real estate offers the freedom to work out of passion rather than necessity, enabling quality family time and flexibility.
- Clint emphasizes the importance of strategic partnerships, mentorship, and clearly defined goals in building a successful real estate portfolio.
- Passing down principles, ethics, and a legacy of character to future generations holds more value than wealth accumulation.
Clint Harris's story is a testament to the power of purpose-driven real estate investing. Through his journey, he underscores the importance of family, creating lasting memories, and achieving financial independence while staying true to one’s values. His insights offer practical advice for aspiring investors looking to build a legacy of impact and freedom. Don’t miss this inspiring episode of the Know Your Why Podcast to learn how real estate can be a path to independence and purpose.
Get in touch with Clint:
Website: https://nomadcapital.us
LinkedIn: https://www.linkedin.com/in/clint-harris-543265139/
Podcast: https://podcasts.apple.com/us/podcast/truly-passive-income/id1693667029
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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Saknas det avsnitt?
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In this episode of the Know Your Why Podcast, host Dr. Jason Balara sits down with Marisa Amirian, founder of CapBloom, a CRM service tailored for capital raisers and entrepreneurs. Marisa shares her journey from a technology background to real estate, highlighting the challenges and opportunities she encountered along the way. The conversation explores the transformative impact of AI and automation on business operations and personal interactions, emphasizing the importance of balancing technology with genuine human connection. Marisa discusses the role of personalization in building client relationships, the value of data in decision-making, and her motivations rooted in family, health, and longevity. Together, Jason and Marisa reflect on the evolving business landscape and the potential of AI to enhance efficiency and foster meaningful connections.
Key Highlights
- Marisa Amirian founded CapBloom to streamline operations for capital raisers using CRM tools.
- Her tech background informs her innovative approach to real estate and entrepreneurship.
- AI and automation play a pivotal role in improving data management and decision-making.
- Personalization remains critical for cultivating strong client relationships.
- Success in capital raising depends on understanding and meeting client needs.
- Marisa underscores the importance of balancing technological efficiency with human connection.
- Health, family, and longevity are central to her personal and professional motivations.
- Embracing the rapid evolution of AI can enhance both business operations and personal growth.
Marisa's s story highlights the power of blending technology with human connection to create meaningful and efficient business practices. Her insights into the evolving role of AI and her focus on family, health, and kindness provide valuable lessons for entrepreneurs navigating today’s tech-driven world. Tune in to this enlightening episode of the Know Your Why Podcast to learn how technology and personal values can work hand-in-hand to shape a successful and fulfilling journey.
Get in touch with Marisa:
https://demo.capbloom.com/
https://www.linkedin.com/in/marisaamirian/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, host Dr. Jason Balara interviews Spencer Hilligoss, a seasoned passive investor who transitioned from a thriving tech career to a purpose-driven life centered on real estate investing and financial literacy. Spencer shares how he designed a lifestyle that prioritizes family, financial freedom, and long-term impact. He discusses the value of goal setting, the sacrifices required to achieve big dreams, and the importance of instilling financial literacy in future generations. Through candid insights, Spencer highlights the rewards and challenges of entrepreneurship and the transformative power of investing in real estate.
Key Highlights
- Spencer's pivot from tech to passive investing demonstrates the power of aligning goals with values.
- Sacrifices and disciplined planning are essential for building a lifestyle by design.
- Financial literacy plays a critical role in shaping opportunities for future generations.
- Real estate investing offers a pathway to passive income and work-life balance.
- Prioritizing family and experiences, such as traveling abroad, creates a fulfilling lifestyle.
- Community, relationships, and continuous learning are integral to personal and professional growth.
Spencer's journey showcases the possibilities that arise from pursuing financial freedom with intention and resilience. His focus on family, goal setting, and empowering others through financial literacy offers actionable lessons for anyone striving to create a life of purpose. Tune in to this inspiring episode of the Know Your Why Podcast to learn how to build a lifestyle by design and leave a lasting legacy.
Get in touch with Spencer:
https://www.madisoninvesting.com/
https://www.linkedin.com/in/shilligoss/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara welcomes Jeremy LeMere, co-principal at Navigator Wealth Management, to share his inspiring journey in real estate investing. Jeremy recounts his progression from single-family homes to multifamily properties, eventually launching his own property management company to streamline operations. He delves into the critical role of property management, the impact of legal challenges, and the people-centric nature of the real estate industry. Jeremy underscores the importance of having a clear 'why' to drive investment decisions and offers practical advice for both new and seasoned investors.
Key Highlights:
- Jeremy LeMere’s transition from single-family to multifamily real estate illustrates the benefits of scaling investments.
- Founding an in-house property management company improved operational efficiency and control.
- Understanding legal regulations is essential for successful property management and strategy development.
- Real estate success is rooted in relationships and the ability to manage people effectively.
- Jeremy emphasizes having a clear 'why' to guide investment goals and long-term decision-making.
- Active involvement in local real estate investment associations (RIAs) provides valuable knowledge and connections.
- Real estate offers a pathway to building generational wealth through consistent, long-term investing.
Jeremy LeMere’s journey demonstrates how a strategic approach to scaling, managing, and investing in real estate can lead to long-term success. His insights on the importance of relationships, legal understanding, and having a clear purpose offer actionable takeaways for anyone looking to grow in the industry. Tune in to this episode of the Know Your Why Podcast for inspiration and strategies to elevate your real estate investing game.
Get in touch with Jeremy:
Email: [email protected]
Website: https://navwf.com/
LinkedIn: https://www.linkedin.com/company/navwf/
Facebook: https://www.facebook.com/NavWF
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara welcomes Tullie Bailey, a nightclub director and manager whose journey is both inspiring and transformative. Tullie reflects on his challenging upbringing in Colorado, his time working on oil rigs, and his pursuit of a music career before discovering his passion for the nightclub industry. He shares how sobriety during the COVID pandemic marked a turning point in his life, leading him to write two books—one chronicling his personal struggles and another offering actionable steps for success. Tullie emphasizes the importance of serving others, simplifying the path to achievement, and finding purpose in his daily interactions, including connecting with people as a Lyft driver.
Key Highlights:
- Tullie Bailey’s journey spans from a troubled childhood to becoming a leader in the nightclub industry.
- Sobriety during the pandemic played a critical role in transforming his life and inspiring his work.
- Music and writing have been pivotal outlets for Tullie’s personal growth and self-expression.
- His first book shares his struggles, while the second provides practical steps for success.
- Tullie finds purpose in simplifying ideas for others and making meaningful connections.
- Serving others is now central to his motivation and approach to life.
Tullie Bailey’s story is a testament to resilience, transformation, and the power of purpose. From overcoming adversity to thriving as a writer and nightclub manager, his journey offers valuable lessons on personal growth and serving others. This episode of the Know Your Why Podcast is an inspiring reminder that success comes from within and is amplified by the connections we make along the way.
Get in touch with Tullie:
Website: https://www.tulliebailey.com/
First Book: https://a.co/d/7uPE63t
Second Book: https://a.co/d/8W0sVl5
Instagram: https://www.instagram.com/tulliebailey/
Facebook: https://www.facebook.com/tulliebailey/
LinkedIn: https://www.linkedin.com/in/tulliebailey/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara sits down with Andrew Einhorn, CEO and co-founder of LevelFields, an AI-driven fintech platform revolutionizing investment research for self-directed investors. Drawing from his background in epidemiology and data analysis, Andrew shares how LevelFields processes vast amounts of data to provide actionable insights, alerts on market events, and diverse trading strategies, helping investors navigate today’s volatile markets. He discusses the role of AI in streamlining investment decisions, the importance of understanding market dynamics, and LevelFields’ mission to empower individual investors through accessible tools, financial education, and resources designed to level the playing field against institutional players.
Key Highlights
- Andrew Einhorn applies his expertise in epidemiology and data analysis to revolutionize investment research with LevelFields.
- LevelFields automates data processing to deliver real-time, actionable insights for self-directed investors.
- The platform is designed to improve financial literacy and equip users with diverse strategies to navigate market volatility.
- AI significantly accelerates the investment research process, enabling users to identify opportunities and react to market events effectively.
- LevelFields offers tools, a free newsletter, and subscription options to provide investors with customized resources.
- Andrew's vision for LevelFields centers on empowering individuals to succeed in the stock market by bridging the gap between institutional and retail investors.
Andrew Einhorn’s insights into the intersection of AI and fintech underscore the transformative potential of technology in democratizing investment research. This episode of the Know Your Why Podcast offers valuable lessons for anyone looking to improve their financial literacy and take control of their investment journey. LevelFields exemplifies how innovative platforms can empower investors, making the tools and strategies once reserved for institutions accessible to all.
Get in touch with Andrew:
Platform Discount: Use discount code PODCAST25
Email: [email protected]
Website: https://www.levelfields.ai/
LinkedIn: https://www.linkedin.com/in/einhorn/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara interviews Jake Clopton, founder of Clopton Capital, about his entrepreneurial journey from studying economics to building a successful business during challenging economic times. Jake shares how taking risks, making quick decisions, and leveraging cold calling and relationship-building strategies helped him grow his company. He highlights the advantages of offering multiple in-house services, such as financing, insurance, and solar, and discusses the challenges of expanding into new verticals. Jake emphasizes the importance of finding the right people, maintaining an entrepreneurial mindset, continuous learning, and the satisfaction of building something meaningful.
Key Highlights
- Jake Clopton’s entrepreneurial success stems from taking risks, making quick decisions, and leveraging relationship-building strategies.
- Cold calling played a pivotal role in establishing his business and creating connections in the real estate industry.
- Offering multiple in-house services gives Clopton Capital a distinct edge, providing added convenience and a seamless experience for clients.
- Expanding into new industry verticals presents challenges, but finding the right team members is critical for sustainable growth.
- Jake emphasizes the entrepreneurial mindset, continuous learning, and the satisfaction of watching one’s business thrive as key motivators.
- Networking and building relationships are fundamental strategies for personal and professional success.
Jake Clopton’s story is a testament to the power of resilience, risk-taking, and relationship-building in entrepreneurship. His journey from starting Clopton Capital to expanding into multiple service verticals offers invaluable lessons for aspiring entrepreneurs and business owners. This episode of the Know Your Why Podcast encourages listeners to embrace challenges, focus on building meaningful connections, and continually pursue opportunities for growth and learning.
Get in touch with Jake:
Website: https://cloptoncapital.com/
LinkedIn - https://www.linkedin.com/in/jakeclopton1/
Instagram - https://www.instagram.com/cloptoncapital1/
Facebook - https://www.facebook.com/CloptonCapital/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/...
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara sits down with Bronson Hill, managing member of Bronson Equity, as he shares his inspiring transition from a medical sales career to real estate investing. Bronson emphasizes the power of starting with a clear end goal and the importance of identifying your personal “why.” He discusses the unique challenges of raising capital in today’s market and explains why being a contrarian investor can open doors in uncertain times. Bronson also highlights the role of mindset and self-talk in building wealth and finding purpose. His “why” is deeply personal - working to end modern-day human slavery - and he speaks passionately about his commitment to making a positive impact on the world.
Key Highlights
- Starting with a defined end goal and purpose, or “why,” is essential for real estate success.
- Contrarian investing, particularly in challenging markets, allows investors to uncover opportunities others may miss.
- Strong, positive self-talk and a resilient mindset are fundamental for creating wealth and achieving one’s goals.
- Cash flow is a cornerstone for replacing traditional income with passive income, enabling financial freedom.
- Bronson’s upcoming book, Fire Yourself, offers insights into shifting from earned income to income generated through real estate investments.
Bronson Hill’s journey from medical sales to real estate showcases the transformative power of purpose-driven investing. His insights into mindset, cash flow, and contrarian strategies provide valuable guidance for those looking to build lasting wealth and make a meaningful impact. This episode of the Know Your Why Podcast encourages listeners to clarify their “why” and explore investing strategies that align with their personal and financial goals.
Free Guide: Text the word INFLATION to 33777 to get Bronson’s free guide on how to use inflation to your advantage.
Get in touch with Bronson:
Website: https://www.BronsonEquity.com
Instagram: https://www.instagram.com/bronsonequity/
Facebook: https://www.facebook.com/BronsonEquity
LinkedIn: https://www.linkedin.com/company/bronson-equity/mycompany
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara welcomes Ian Horowitz, a seasoned real estate investor and entrepreneur, who shares his inspiring journey from firefighter to successful real estate investor. Ian’s initial goal was to acquire just 10 rental properties, but with a clear sense of purpose - his “why” - focused on supporting his family, employees, and investors, he grew his portfolio to nearly nine figures. He dives into how his investment strategy evolved over time, moving from single-family rentals to include self-storage and industrial flex space investments. Ian offers valuable advice to aspiring investors, emphasizing the importance of taking action and stepping off the sidelines to build a future in real estate.
Key Highlights
- A clear “why,” like supporting family and building a legacy, can drive real estate success.
- Real estate investing isn’t passive; it takes hands-on work, resilience, and a commitment to continuous learning.
- Flexibility in exploring asset classes like self-storage and industrial flex space can reveal unexpected growth opportunities.
- A strong understanding of the local market and its progression can provide a significant edge in real estate investments.
- Taking that first step—whether as a passive partner or active operator—is the key to getting started in real estate.
Ian Horowitz’s journey underscores the impact of a strong “why” in real estate, with purpose, growth, and adaptability guiding his path to success. He shows that stepping off the sidelines and embracing the challenges of real estate investing can lead to significant personal and financial fulfillment. This episode is packed with insights for anyone looking to make their mark in the industry, whether starting with a single-family rental or expanding into diverse asset classes.
Get in touch with Ian:
https://www.subsidizedthebook.com/subsidized
Website: http://www.equitywarehouse.com
LinkedIn: https://www.linkedin.com/in/ian-horowitz-255185106/
Instagram: https://www.instagram.com/equity_warehouse/
Facebook: https://www.facebook.com/equitywarehouse
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara sits down with Nic DeAngelo, widely known as the "fixed income goat," to discuss his expertise in economics and real estate. They delve into the advantages of fixed income investing, highlighting its stability and flexibility in comparison to appreciation-focused strategies. Nic shares his insights on current market trends, including rising inflation, the potential for a market "soft landing," and the increasing movement from public markets toward private equity investments. He underscores the importance of staying adaptable to evolving market conditions and finding promising opportunities in real estate and private investments.
Key Highlights
- Fixed income investing provides a stable, flexible approach, distinguishing it from appreciation-based investments.
- With higher inflation and a shift in market dynamics, private equity and real estate are becoming attractive alternatives to traditional public markets.
- Navigating today’s market requires staying aware of trends like inflation and potential market soft landings to make strategic investment choices.
- Private real estate investments offer distinct advantages and opportunities for returns, often surpassing those found in public stocks.
Nic DeAngelo's insights reveal the value of fixed income investing in uncertain times and the benefits of private equity and real estate as stable alternatives to public markets. His approach emphasizes the need for flexibility and awareness in response to changing market conditions. This episode provides valuable strategies for investors looking to adapt their approach, embrace private investments, and capitalize on emerging opportunities within the current economic landscape.
Get in touch with Nic:
https://linktr.ee/NicDeAngelo
https://saintinvestment.com/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara speaks with Rebekah Taylor, a third-generation real estate professional who shares her path to achieving time freedom through real estate. Growing up in a lower-income family, Rebekah was inspired by her father’s success in the industry, which led her to pursue a career in real estate herself. She began her journey with house hacking and later moved into passive investing, focusing on income-generating assets like multifamily properties and assisted living facilities. Rebekah's motivation centers on creating time freedom that allows her to be present with her family, travel, and give back to her community. She encourages those interested in real estate to take that first step, even if it feels uncertain, and to seek connections within the industry.
Key Highlights:
- Real estate offers a path to both financial and time freedom, making it a compelling option for those seeking more control over their lives.
- House hacking can serve as an accessible entry point into real estate investing, providing experience with lower financial barriers.
- Success in assisted living investments relies on finding the right operator, ensuring quality management and returns.
- Networking and connecting with industry professionals is essential for learning, growth, and finding opportunities.
- Rebekah advises aspiring investors to get started in real estate, even without complete readiness, as taking action is the key to progress.
Rebekah Taylor’s story illustrates the potential for real estate to create not just financial independence, but the time freedom to prioritize family and community. Her insights offer valuable guidance for newcomers in the industry, from house hacking to passive investing in multifamily and assisted living assets. With a strong focus on networking and taking that first step, Rebekah’s experience encourages aspiring investors to pursue their goals and build a life of freedom and fulfillment.
Get in touch with Rebekah:
https://tayloredinvestments.co/
https://www.instagram.com/taylored_investments/
https://www.facebook.com/profile.php?id=100063772878587
https://www.linkedin.com/in/rebekah-taylor1986/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, hosted by Dr. Jason Balara, Vanessa Alfaro, founder of Venus Capital, delves into her real estate investment firm’s strategies and the evolving role of AI in the real estate industry. Vanessa discusses how Venus Capital focuses on acquiring large multifamily properties, leveraging AI for strategic innovation to boost productivity and save time. She highlights the importance of using AI to generate measurable results, improve processes, and create efficiencies. Vanessa also emphasizes transparency and trust in the integration of AI, sharing tips on how to get the most out of AI, such as being specific in prompts and treating AI like a human conversation.
Key Highlights:
- Vanessa Alfaro integrates AI in her real estate investment firm to drive measurable results and streamline processes for acquiring large multifamily properties.
- Transparency and trust are crucial when implementing AI in the real estate industry. Vanessa shares practical advice on using AI effectively, including the importance of clear prompts and treating AI as a conversational partner.
- Managing family life and entrepreneurship requires flexibility and emotional intelligence. Vanessa manages her household like a business, scheduling family time to maintain work-life balance.
- Achieving work-life balance is possible over time, not necessarily on a daily basis. Vanessa highlights the importance of prioritizing both professional and personal responsibilities.
In this episode, Vanessa Alfaro demonstrates how strategic innovation through AI and thoughtful time management can create success in both real estate and family life. Her approach to leveraging AI, coupled with her focus on emotional intelligence and work-life balance, offers valuable insights for entrepreneurs navigating the complexities of modern business.
Get in touch with Vanessa:
Website: https://www.venuspartners.com/
Instagram: https://www.instagram.com/vanessavenuscapital/
Facebook: https://www.facebook.com/VanessaAlfaroCapital/?paipv=0&eav=AfbjTCJ1Si4YNA-Os2lIh5g_VTumG20BafdKRF_Rk_LOpvZQkEITaeqe_Fx7N8dEU-U&_rdr
LinkedIn: https://www.linkedin.com/in/vanessagalfaro/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this insightful episode of the Know Your Why Podcast, Dr. Jason Balara sits down with Rob Ferguson, a seasoned CEO and family business advisor, to explore the unique dynamics and challenges faced by family businesses. Drawing on his extensive experience, Rob shares how blending family relationships with business operations can often lead to conflicts such as shareholder disagreements, poor business performance, and a lack of governance. He emphasizes the need for structured processes to manage these challenges and highlights the importance of early succession planning to ensure a seamless transition for the next generation.
Rob discusses the concept of defining prosperity in family businesses, extending beyond just financial success to include the health and continuity of the family unit. He also introduces the idea of a family constitution, a set of governing rules that can help manage expectations, responsibilities, and decision-making processes within the business, ensuring long-term sustainability. Rob’s mission is to reverse the trend of family businesses declining in longevity and to help as many family enterprises as possible navigate these complexities.
Key Highlights:
- Unique Family Business Challenges: Family businesses face distinct challenges due to the intersection of family relationships and business operations. Shareholder disagreements, governance issues, and poor performance are common.
- Early Succession Planning: Rob stresses the importance of starting succession planning early, which provides more flexibility and opportunity for the next generation to succeed.
- Prosperity Beyond Finances: True prosperity in a family business isn’t just about financial metrics—it’s also about family harmony and continuity.
- Family Constitution: Establishing a family constitution can set clear rules and expectations, helping to guide the business through generational transitions and governance issues.
- Rob’s Mission: Rob is passionate about reversing the declining lifespan of family businesses, working to help more families achieve long-term success.
This episode is a must-listen for anyone involved in a family business, whether as an owner, manager, or advisor. Rob Ferguson's expertise offers valuable insights into the challenges of blending family and business, and his practical advice on succession planning, governance, and creating a family constitution can be transformative for any family enterprise. Tune in to hear how Rob is helping family businesses achieve lasting prosperity, and learn actionable strategies to apply to your own family business journey.
Get in touch with Rob:
Website: https://ferguson-alliance.com/rob-ferguson/
LinkedIn: https://www.linkedin.com/in/robertaferguson/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara sits down with Ken Gee, founder of KRI Partners, to explore his journey into real estate and the strategies that have fueled his success. Ken shares how he began by investing in small multifamily properties in Cleveland, focusing on properties that could be operated like a business. His introduction to value-add investing came when he upgraded a property and significantly increased rents, demonstrating the power of this approach.
Key Highlights:
- Start Small, Think Big: Begin with small multifamily properties that can be operated like a business, focusing on efficiency and growth.
- Value-Add Investing: Value-add strategies are essential for increasing cash flow and property value by making strategic improvements.
- Debt Management: Manage debt carefully, avoid over-leveraging, and maintain discipline through various market cycles.
- Self-Management vs. Third-Party Management: Self-managing properties can lead to better control and results, but it requires hands-on involvement. Third-party management comes with its own set of challenges.
- Vertical Integration: Having a vertically integrated operation allows for direct communication with on-site staff, providing a clearer view of property performance and better problem-solving.
- Neighborhood Insights: A deep understanding of the neighborhoods where properties are located is crucial for making informed decisions and ensuring long-term success.
- Ken's Why: Ken’s 'why' has evolved from prioritizing family to a broader goal of helping others succeed in real estate, offering both passive and active investment opportunities through KRI Partners.
This episode provides a wealth of knowledge for anyone interested in real estate investing, especially those looking to learn more about value-add strategies, debt management, and the benefits of vertical integration. Ken Gee's extensive experience and his dedication to helping others make this a must-listen for both aspiring and seasoned real estate investors. Tune in to learn actionable insights and discover how to get involved in real estate through both passive and active opportunities.
Get in touch with Ken:
LinkedIn: https://www.linkedin.com/in/geekennetha/
Facebook: https://www.facebook.com/people/Ken-Gee-KRI/100086519510719/
YouTube: https://www.youtube.com/@KenGee_KRI
Instagram: https://www.instagram.com/kengee_KRI/
Twitter: https://twitter.com/i/flow/login?redirect_after_login=%2Fkengee_kri
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If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara interviews Scott Choppin, CEO and founder of the Urban Pacific Group of Companies. Scott shares his journey as a seasoned real estate developer and the unique challenges of operating in California’s demanding market. Drawing from his family background and deep industry experience, Scott discusses how these elements have shaped his career and success in real estate development.
Key Highlights:
- Family Background and Experience: Growing up in a real estate development family gave Scott a strong foundation and deep insight into the industry.
- The Developer’s Role: Developers are orchestrators who bring together architects, financiers, and other professionals to navigate the complexities of building projects.
- Investing in California: While the California market presents challenges, it also offers unique advantages for seasoned developers willing to tackle its complexities.
- Urban Townhouse (UTH) Model: UTH is a built-to-rent housing product designed to provide affordable, multi-bedroom rental units for middle-income, multi-generational families.
- Addressing the Housing Crisis: The UTH model offers a scalable, innovative solution to California’s housing crisis by focusing on middle-income working-class families.
- Serving the Forgotten Middle: Scott’s mission is to create housing solutions for the underserved middle-income population, often overlooked in today’s market.
This episode provides listeners with a deep dive into real estate development in one of the toughest markets in the U.S. Scott Choppin’s insights into the developer’s role, the challenges of California’s housing crisis, and his innovative Urban Townhouse model offer a fresh perspective on how to tackle housing shortages. If you’re interested in real estate development, affordable housing solutions, or investing in challenging markets, this episode is a must-listen. Innovative solutions and the availability of capital are crucial in addressing the housing shortage.
Get in touch with Scott:
Email: [email protected]
https://urbanpacific.com/
https://www.instagram.com/scottchoppin/?hl=en
https://x.com/ScottChoppin
https://www.linkedin.com/in/scottchoppin/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:https://linktr.ee/jasonbalara Audio Track:Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara interviews Matthew Weber, Chief Revenue Officer of Alpha Funding, who shares his remarkable journey from a personal trainer to a leader in the real estate finance world. Matthew delves into the challenges and opportunities in the real estate lending industry, particularly the effects of market shifts and fluctuating interest rates on investment strategies.
Key Highlights:
- Building Relationships: Success in real estate finance relies on developing strong connections and delivering consistent value to clients.
- Navigating Market Shifts and Interest Rates: Understanding the impact of market changes and fluctuating interest rates is essential for thriving in the lending industry.
- Leveraging Credit Cards in Real Estate: Leveraging credit cards to invest in real estate with no upfront cash can be a viable strategy but demands careful risk management to be effective.
- Mentorship and Advisors: Surrounding yourself with experienced mentors and advisors is critical for making well-informed, responsible investment decisions.
- Matthew's Why: His mission is to help as many people as possible by providing opportunities, guidance, and long-lasting impact through his real estate finance expertise.
This episode offers valuable insights for those in the real estate finance world or anyone looking to navigate market shifts, leverage creative financing, and build meaningful relationships. Matthew Weber’s story highlights how adaptability, responsible investing, and having a strong support system can lead to success in real estate finance. Tune in to learn how you can apply these strategies and make an impact in your real estate investing journey.
Get in touch with Matthew:
www.dealswithnomoney.com
https://www.instagram.com/trainerweber/
https://www.facebook.com/trainer.weber/
https://www.linkedin.com/in/matthew-weber-32164859/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this insightful episode of the Know Your Why Podcast, host Dr. Jason Balara sits down with Dave Foster, a qualified intermediary and seasoned expert in real estate investing, to explore the powerful wealth-building tool known as the 1031 exchange. Dave shares his personal journey in real estate investing and emphasizes the importance of knowing your 'why' - the deeper purpose behind your investment decisions. This clarity can shape the direction of your investment strategy and long-term financial goals. Dave shares valuable tips for those just starting their real estate journey, stressing the importance of patience, planning, and taking a long-term approach to wealth accumulation.
Key Highlights:
- Real Estate Investing & 1031 Exchange: A 1031 exchange allows investors to defer capital gains taxes when selling and buying investment properties, making it an essential tool for tax-efficient wealth building.
- Qualified Intermediary: Dave Foster, as a qualified intermediary, plays a vital role in ensuring the legal and tax compliance of a 1031 exchange.
- Tax Deferral & Wealth Building: Investors can defer taxes and reinvest in higher-value properties, allowing them to grow their portfolios more rapidly.
- Timeframes & Rules: Success in a 1031 exchange hinges on adhering to strict deadlines, such as identifying a replacement property within 45 days and completing the transaction within 180 days.
- Syndications & 1031 Exchange: The 1031 exchange can be applied to real estate syndications, but it requires careful planning and coordination with all parties involved.
- Long-Term Investment Strategy: Patience, a clear 'why,' and a long-term mindset are critical to maximizing the potential of real estate investments and tax strategies.
If you're interested in building wealth through real estate investing, this episode offers invaluable insights into how a 1031 exchange can help you defer taxes and grow your portfolio. Dave Foster’s expertise makes complex concepts easy to understand, and his practical advice on real estate syndications and investment strategies will leave you equipped to take the next step in your investing journey.
Get in touch with Dave:
YouTube: https://www.youtube.com/c/The1031Investor
Facebook: https://www.facebook.com/DaveFoster1031LinkedIn: https://www.linkedin.com/in/davefoster1031/Twitter: https://twitter.com/DaveFoster1031Instagram: https://www.instagram.com/davefoster1031/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why podcast, Dr. Jason Balara sits down with Andrew Postell, a real estate investor who shares his inspiring journey from humble beginnings to achieving financial independence through real estate investing. Influenced by his uncle, Andrew began with house hacking and the BRRRR method to build his portfolio. He discusses the challenges he faced, including a lack of resources and guidance, but his persistence and passion for learning helped him grow steadily in the real estate industry.
Key Highlights:
- Real Estate Investing & Financial Independence: Real estate investing requires a long-term mindset, and leveraging properties can lead to financial independence over time.
- Buy-and-Hold & BRRRR Method: Andrew’s success stems from the buy-and-hold strategy and using the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) to build a solid portfolio.
- House Hacking: He started small with house hacking and continued leveraging this strategy to gain better-performing assets.
- Taking Action: Real estate investing is all about action—get started, trust your instincts, and continue learning through the process.
- Community & Networking: Andrew emphasizes the importance of building relationships, joining real estate groups, and attending meetups to learn from experienced investors and grow your network.
- Pre-Qualification & Financial Aspects: Understanding the financial aspects of real estate investing is key. Getting pre-qualified with a lender is an essential first step to ensure you are financially prepared.
If you’re looking for practical advice and inspiration to jumpstart your real estate investing journey, this episode is packed with valuable insights from Andrew Postell’s personal experiences. Whether you’re exploring strategies like house hacking, the BRRRR method, or simply looking to learn more about building a strong community in real estate, Andrew’s story offers actionable steps to guide you. Tune in to learn how Andrew’s approach can help shape your path in real estate and connect with others on the same journey.
Get in touch with Andrew:
https://www.youtube.com/channel/UC5SP0jcoyD35Rwx_pg9b5WQ
https://www.rate.com/loan-officers/andrew-postell-392627
https://www.tiktok.com/@drewp4vp
https://www.instagram.com/drewp4vp/
https://www.facebook.com/andrew.postell
https://www.linkedin.com/in/andrewpostell/
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/
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In this episode of the Know Your Why Podcast, Dr. Jason Balara welcomes real estate investor Randal McLeaird, who shares his transformative journey in the real estate industry. Randal’s path began during his college years, driven by a desire to own a home. His extensive experience across mortgages, title transactions, and property acquisitions laid the groundwork for what would become a robust real estate portfolio.
Key Highlights:
- Real Estate Journey: Randal’s journey in real estate started with his first home purchase in college, evolving into a successful career in both residential and commercial real estate.
- Experience & Calculated Risks: His experience across mortgages and title transactions provided a strong foundation, while calculated risks and a focus on cash flow helped him build a stable and scalable portfolio.
- 2020 Shift in Priorities: The year 2020 marked a turning point, where Randal shifted toward larger commercial real estate transactions and syndications, aligning his business with his desired lifestyle.
- Focus on Family & Financial Education: Randal emphasizes the importance of financial education, not just for himself, but for his children, to create generational wealth.
- Passive & Active Income: Combining passive and active income is crucial for financial success, offering stability and growth opportunities.
- Long-Term Mindset: Randal’s approach to real estate investment is rooted in having a long-term mindset, which is essential for wealth creation and financial freedom.
- Lifestyle Design & Knowing Your 'Why': A fulfilling life is built on lifestyle design and aligning your actions with your values. Randal encourages listeners to know their ‘why’ and use it as a guide in both business and personal life.
- Real Estate Investment Opportunities: Randal shares insights into real estate investment strategies and offers listeners the opportunity to connect and explore potential investment opportunities.
This episode is packed with actionable insights for anyone interested in real estate investment, from those just starting their journey to seasoned investors. Randal McLeaird's experience, from single-family homes to commercial real estate syndications, showcases the importance of calculated risks, cash flow focus, and long-term planning. Whether you’re looking to deepen your financial education, or explore new asset classes, this episode offers valuable lessons and opportunities for growth.
Get in touch with Randal:
https://www.agentsbuildingcashflow.comhttps://www.ridgelineig.com/https://podcasts.apple.com/us/podcast/agents-building-cashflow/id1654049018https://www.youtube.com/channel/UC9jpilDVGinyoY2CgDPG97whttps://www.linkedin.com/in/randalmcleairdhttps://www.tiktok.com/@agents_building_cashflow
If you want to know more about Dr. Jason Balara and the Know your Why Podcast:
https://linktr.ee/jasonbalara
Audio Track:
Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/
Artist: http://audionautix.com/ - Visa fler
