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Our goal is to teach service members, and the working class how to build wealth, and invest in real estate so that you can achieve financial freedom and live the life you’ve always dreamed of!
Episodes
Friday Apr 09, 2021
Friday Apr 09, 2021
Episode: 137
Hugh Carnahan
Join your hosts, David Pere and Alex Felice, with their guest Hugh Carnahan as they talk about his crazy first deal, the 2-second lean method, experience increasing a hotel's cap rate, and the overall mentality that has lead him to his many incredible successes with investing.
From Hugh's first experience, he has gotten himself into fascinating situations with the properties he's acquired. One of those is becoming his own competitor in a neighborhood wherein he owns multiple houses in a single street. This advantage gives him something that any investor looking to scale would want for themselves, the ability to reinvent your location's value.
In this episode, we will hear Hugh's whole experience on that and on how he leverages other people's abilities. For anyone who is starting in real estate, Hugh emphasizes the importance of creating connections. As an investor who's been there, for him, there is courage in knowing that you're not alone in this community and that whatever you try, you have people who will have your back.
About Hugh Carnahan:
After serving for over five years in the Army, Darren has spent the last seventeen years buying and selling real estate around the country. His true passion is helping people with their homes no matter their situation and then helping the neighborhood by fixing up the homes he can buy.
His dedication to the credence that "Every Seller Must Benefit!" is the guiding force that has allowed "Sell My House to Smith" to grow into the premier home buyer in El Paso and Pueblo counties. Darren's most significant achievement has been to surround himself with an incredible team of industry and military veterans who are every bit as passionate about helping people as he is, not doing it yourself, leverage other people's experiences,
Outline of the episode:
- [01:55] 26 houses for the 1st
- [06:35] Rediscovering a stock investment placed in a company.
- [09:33] The lessons of acquiring 26 houses.
- [12:12] Scale and lock-in on every corner of the neighborhood.
- [18:08] The 2-Second Lean Process.
- [19:46] "Train them to be specialists and set guidelines."
- [21:57] What does preparation allow you to do?
- [26:08] A lean principle for every real estate investor.
- [32:07] Care about your success.
- [40:40] Think of your investment as if you're running a business.
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Advice to an 18-20-year old:
Buy “Set For Life” by Scott Trench.
Get a Pre-nup, and don’t marry into red flags!
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Recommended resource(s):
2 second lean!
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Sponsor: https://www.frommilitarytomillionaire.com/teachable-rei
Resources:
YouTube: https://www.youtube.com/user/Carhug2012/featured
Need help in finding an investor-friendly realtor? Check out:
https://www.frommilitarytomillionaire.com/va-realtor/
Join The War Room Real Estate Mastermind Group:
https://www.frommilitarytomillionaire.com/start-here/
Set for Life Book by Scott Trench:
https://www.amazon.com/Set-Life-Dominate-American-Dream/dp/0997584718
2 Second Lean Book by Paul Akers:
https://paulakers.net/books/2-second-lean
Check out David Pere on Bigger Pockets:
https://www.biggerpockets.com/users/USMC3140
Bigger Pockets Podcasts:
https://www.biggerpockets.com/podcast
Follow our journey:
Blog: https://www.frommilitarytomillionaire.com/
YouTube: https://www.youtube.com/c/Frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/1735593999901619/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
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Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei
Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/
Become an investor: https://www.frommilitarytomillionaire.com/investor/
-
SUBSCRIBE: https://bit.ly/2Q3EvfE
-
Website: https://www.frommilitarytomillionaire.com/start-here/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/militarymillionaire/
-
My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.
Friday Apr 02, 2021
Friday Apr 02, 2021
Episode: 136
Neil Wahlgren
Join your hosts, David Pere and Alex Felice, with their guest Neil Wahlgren as they talk about how he made money work for him, the gates of raising money, and the many tactics he uses as a seasoned capital raiser.
When it comes to raising capital, Neil has found it true that more investors are lost between verbal commitments and signed forms than between signed forms and actual funding. For him, this is the reason why when it comes to taking advantage of a client's excitement and internal commitment, thinking ahead and preparing all the necessary legalities is critical.
As you listen further, Neil also discusses the factors considered when it comes to chasing deals. A type of deal that, aside from just adding mass to one's portfolio, can weather downsides and preserve capital for years and years to come. By tuning into this episode, you'll definitely be learning from Neil's tested-and-proven ways to sell out fast and weigh risks smartly deal to deal.
About Neil Wahlgren:
CRE Sponsor. Raising capital for direct investments into cash flowing NNN operational industrial real estate. Emphasis on mid-market, creditworthy manufacturing tenants. Sale-leaseback transactions creating value through institutional leases and long-term alignment with proven tenants.
Core values of integrity, punctuality, and attention to detail derived through background as a commissioned officer and pilot in the US Air Force & Navy.
Specialties: Securitized commercial real estate investments with credit tenants through industrial sale-leaseback acquisitions.
Outline of the episode:
- [02:26] Getting the entrepreneurial bug.
- [04:45] From high-risk to a low-risk market.
- [10:05] What to look for in multi-family operators?
- [14:00] This is how you sell-out fast.
- [19:02] Incentivise verbal commitments for your investors.
- [23:08] An established return structure profile.
- [25:06] Low-rate, non-assumable vs. high-rate, assumable.
- [28:24] "It's tempting to follow investor inclination of chasing returns."
- [31:18] Why get the easy-win, short-term investments?
- [33:13] Protected capital over projections.
- [36:20] The segments of investors.
Resources:
Website: https://magcp.com/home/
LinkedIn: https://www.linkedin.com/in/neilwahlgren/
Facebook: https://www.facebook.com/magcapitalpartners/
https://www.facebook.com/neil.wahlgren/
Email: neil@magcp.com
Need help in finding an investor-friendly realtor? Check out:
https://www.frommilitarytomillionaire.com/va-realtor/
Join The War Room Real Estate Mastermind Group:
https://www.frommilitarytomillionaire.com/start-here/
Rich Dad Poor Dad - What the Rich Teach Their Kids About Money
That the Poor and Middle Class Do Not! Book by by Robert T. Kiyosaki:
https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194
Follow our journey:
Blog: https://www.frommilitarytomillionaire.com/
YouTube: https://www.youtube.com/c/Frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/1735593999901619/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Sponsor: Jump on our investor list here! https://www.frommilitarytomillionaire.com/investors/
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Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei
Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/
Become an investor: https://www.frommilitarytomillionaire.com/investor/
-
SUBSCRIBE: https://bit.ly/2Q3EvfE
-
Website: https://www.frommilitarytomillionaire.com/start-here/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/militarymillionaire/
-
My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.
Friday Mar 26, 2021
Friday Mar 26, 2021
Episode: 135
Darren Smith
Join your hosts, David Pere and Alex Felice, with their guest Darren Smith as they talk about flipping houses, building the team, private lending, and so much more. Eliminate, automate, and delegate are the three key points to one of Darren’s most important focuses of work. In this episode, he’ll talk us through some of the processes he takes when making sure he gets everyone going in the right direction and places the right people behind particular goals.
Most success, for Darren, isn’t always all about the shiny and grand plans to achieving wealth, fame, and financial freedom. Rather, it is often about the most mundane and practical takes towards reaching targets and objectives. He believes focus and consistency, if not two of the many factors, are the most staple when trying to succeed in just about anything.
As someone who has already had the experience, Darren acknowledges two things when it comes to private lending. For him, it is an option that carries a lot of promise; at the same time, a tool that every real estate investor should be cautious and smart about.
About Darren Smith:
After serving for over five years in the Army, Darren has spent the last seventeen years buying and selling real estate around the country. His true passion is helping people with their homes no matter their situation and then helping the neighborhood by fixing up the homes he is able to buy.
His dedication to the credence that “Every Seller Must Benefit!” is the guiding force that has allowed “Sell My House to Smith” to grow into the premier home buyer in El Paso and Pueblo counties. Darren’s greatest achievement has been to surround himself with an incredible team of industry and military veterans who are every bit as passionate about helping people as he is.
Outline of the episode:
- [03:24] For anyone planning to invest outside their local area.
- [06:43] On transitioning to phone visits.
- [10:05] The value of real, social, physical relationships.
- [18:02] Find an area you hate and hire someone to do it.
- [21:28] How do you hire the right one.
- [27:43] Private Lending – What to know?
- [29:29] Private Lending – From the bank’s perspective.
- [36:05] How buying a house is the same as beginning private money.
- [37:35] Focus on small areas and the tedious, boring things.
- [38:33] Success is boring!
- [39:08] The biggest resource for anyone getting started with real estate.
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Advice to an 18-20-year old:
Go Deep and Focus! Be Consistent
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Recommended resource(s):
Network with other investors!
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Sponsor: Need Help Finding A Real Estate Agent or Lender…let us connect you to one of our recommended professionals! https://www.frommilitarytomillionaire.com/va-realtor/
Resources:
Website: https://www.sellmyhousetosmith.com/
Email: darren@sellmyhousetosmith.com
Need help in finding an investor-friendly realtor? Check out:
https://www.frommilitarytomillionaire.com/va-realtor/
Join The War Room Real Estate Mastermind Group:
https://www.frommilitarytomillionaire.com/start-here/
Who Not How: The Formula to Achieve Bigger Goals
Through Accelerating Teamwork Book by Dan Sullivan:
https://www.amazon.com/Who-Not-How-Accelerating-Teamwork-ebook/dp/B0867ZJ151
Visit 7-Figure Flipping:
Check out the platforms and tools used by Darren Smith:
Follow our journey:
Blog: https://www.frommilitarytomillionaire.com/
YouTube: https://www.youtube.com/c/Frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/1735593999901619/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
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Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei
Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/
Become an investor: https://www.frommilitarytomillionaire.com/investor/
-
SUBSCRIBE: https://bit.ly/2Q3EvfE
-
Website: https://www.frommilitarytomillionaire.com/start-here/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/militarymillionaire/
-
My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.
Friday Mar 19, 2021
Friday Mar 19, 2021
Episode: 134
Gabriel Hamel
Join your hosts, David Pere and Alex Felice, with their guest Gabriel Hamel as they talk about how he went from a minimum wage job to seller financing and everything else that it opened for him right after. From himself, we’ll get to hear how Gabriel, at such a young age, became financially free pretty young and fast.
In this episode, Gabriel talks from experience and wit about why it is essential to know when to be frugal, when to give, and when to throw in whatever it is that you’ve got when it comes to real estate and investing. For him, there is practicality in karma. The more he gave, the more comes back to him in folds. A little along the line, David also shares why investors, and any individual in general, must learn how to see money for what it is – currency!
As you tune in further to this packed exchange, listen as Gabriel unfolds the most crucial factor that makes decision-making easy and about the journey he took to build time and freedom for himself and his family through the vehicle that is real estate. In all of his deals, Gabriel knew that it all comes back to the relationships he possesses and the sense of clarity that aligns him back to whatever it is that’s most important.
About Gabriel Hamel:
Gabriel Hamel is a Real Estate Investor whose passion for Real Estate, Business, and Financial Freedom has helped him to amass a Multi-Million dollar Real Estate Portfolio consisting of Single Family Homes, Multi-Family Apartments, Commercial Real Estate, and Mobile Home Parks.
From humble beginnings, a book on Real Estate, and a strong desire for financial freedom, Gabriel set out to find creative ways to start purchasing income-producing investment Real Estate. Gabriel is a strong advocate of financial literacy through self-education.
Outline of the episode:
- [02:22] I was out of the rat race, but I was poor; I was poor, but I was out of the rat race.
- [05:20] Focus on building wealth with a frugality mindset.
- [07:49] On giving value when you can.
- [09:01] If you’re going to be in the money game, why not win?
- [10:55] The opportunity in mobile home parks.
- [15:10] How the transition to mobile home parks happened operation-wise.
- [20:27] When is the good time to buy?
- [26:33] If you can’t hold a property, appreciation won’t matter.
- [33:40] Sell the homes, own the lots.
- [37:00] The specific focus that straightened out everything.
- [42:00] Alignment – a factor to decision making.
- [44:27] Real Estate is a vehicle in building wealth.
- [45:54] Piece of advice: Triple down on your strengths!
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Advice to an 18-20-year old:
Go all in!
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Recommended resource(s):
Podcasts!
-
Resources:
Website: https://hamelinvestments.com/
Instagram: https://www.instagram.com/gabrielrhamel/
Facebook: https://www.facebook.com/gabrielrhamel?ref=bookmarks
Linkedin: https://www.linkedin.com/in/gabriel-hamel-a592a231/
Need help in finding an investor-friendly realtor? Check out:
https://www.frommilitarytomillionaire.com/va-realtor/
Check out Episode 57 of The Military Millionaire Podcast with Gabriel Hamel:
Rich Dad Poor Dad Book by Robert T. Kiyosaki:
https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680178
The Go-Giver - A Little Story About a Powerful Business Idea Book by Bob Burg:
https://www.amazon.com/Go-Giver-Expanded-Little-Powerful-Business/dp/1591848288
Bigger Pockets Podcasts:
https://www.biggerpockets.com/podcast
Follow our journey:
Blog: https://www.frommilitarytomillionaire.com/
YouTube: https://www.youtube.com/c/Frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/1735593999901619/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
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Sponsor: Need Help Finding A Real Estate Agent or Lender…let us connect you to one of our recommended professionals! https://www.frommilitarytomillionaire.com/va-realtor/
-
Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei
Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/
Become an investor: https://www.frommilitarytomillionaire.com/investor/
-
SUBSCRIBE: https://bit.ly/2Q3EvfE
-
Website: https://www.frommilitarytomillionaire.com/start-here/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/militarymillionaire/
-
My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.
Friday Mar 12, 2021
Friday Mar 12, 2021
Episode: 133
Eric Alvarez
Join your hosts, David Pere and Alex Felice, with guest Eric Alvarez as they talk about prudence and frugality, what investing is about, how real estate is less liquid, and the right mindset and savings that gets a young soldier into real estate passive investing the right way.
As Eric and the hosts exchange plans and experiences, we'll get to hear about what they think essentially equips a young go-getter to be ahead of his years and his goals. For them, relationships, network, and market are things that no one should let go of even if their eyes are on other several opportunities.
In the military, Eric believes that the great opportunity of getting paid, no matter what, should also mean an opportunity for young service members like him to take risks and invest. Of course –with a balanced risk-tolerance. Let's catch more of what they have to say by tuning in to the episode.
About Eric Alvarez:
Eric Alvarez is a young active duty member and investor that is currently deployed in Japan.
Outline of the episode:
- [02:59] Young and $150,000 in Net Worth
- [05:13] CDs: A lousy investment but super safe!
- [08:20] The hurdles of getting into real estate.
- [11:28] The gist of being an investor in real estate, or investor in general.
- [14:26] Convert your talent instead of buying it cash.
- [16:55] What real estate is in comparison to stocks.
- [19:42] The Lessons from The 2007 Crash.
- [21:18] How can a 21-year-old get ahead?
- [27:40] Getting the market's pulse.
- [31:05] "People are a really good investment."
- [37:01] The reason why %0 down is a thing…
- [39:45] What to focus on when there's more than one opportunity.
- [50:25] How can someone young take the lead in personal-finance?
- [53:43] "Stick to your guns, don't get sucked into someone else's shiny-object syndrome."
Resources:
Instagram: https://www.instagram.com/alexzander_187/?hl=en
Zero to One - Real Estate Investing for Beginners:
https://military-millionaire-academy.teachable.com/p/from-zero-to-one-real-estate-investing-101/
MONEY Master the Game - 7 Simple Steps to Financial Freedom by Tony Robbins:
https://www.amazon.com/MONEY-Master-Game-Financial-Freedom/dp/1476757860
The BiggerPockets Bookstore:
https://store.biggerpockets.com/
Follow From Military to Millionaire's journey on:
Website: https://www.frommilitarytomillionaire.com/
Facebook: https://www.facebook.com/groups/1735593999901619/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
YouTube: https://www.youtube.com/c/Frommilitarytomillionaire/
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Advice to an 18-20-year old:
Find that balance, contribute to your TSP, and pay yourself first!
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Recommended resource(s):
Money, Master the Game by Tony Robbins.
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Sponsor: Real Estate Investing 101 (course): https://www.frommilitarytomillionaire.com/teachable-rei
-
Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei
Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/
Become an investor: https://www.frommilitarytomillionaire.com/investor/
-
SUBSCRIBE: https://bit.ly/2Q3EvfE
-
Website: https://www.frommilitarytomillionaire.com/start-here/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/militarymillionaire/
-
My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.
Friday Mar 05, 2021
Friday Mar 05, 2021
Episode: 132
Austin Clark
Join your hosts, David Pere and Alex Felice, with guest Austin Clark as they talk about the quarter method, the thing you need to get past first before investing, and not letting anyone use your age to measure your abilities and course of action.
As Austin shares his experience and plans, we'll take away a ton of insight on the importance of knowing a market, the acronym that everyone in real estate should be familiar with, and the reason why he hates being asked about five-year plans so much. For him, not locking in on long-term goals can be okay.
With the right mindset towards normalizing discomfort, not having total control of your money, and weighing education over action, listen to how a soldier in his 20s brave the possibilities of passive investing.
About Austin Clark:
Austin is a soldier, investor, lover of life, and an aspiring physique competitor and fitness-enthusiast. Gaining financial independence and living a healthy, fulfilled lifestyle is his lifelong goal. He wants to share and show the people the successes, failures, and all of the in-betweens of his life and journey.
Sponsor: Need help finding a realtor like the one Austin used? We’ve got you covered! Simply fill out this short form, and I’ll connect you with one of the real estate agents in our vast network: https://www.frommilitarytomillionaire.com/va-realtor/
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Outline of the episode:
- [02:12] Started investing in ETFs.
- [03:48] The story behind the first purchase.
- [05:14] On adding value to a property in a high-potential area that people overlook.
- [10:05] Leaving the military, going all-in on real estate, and building a brand.
- [11:16] A guy in his 20s educating about money.
- [13:51] Intellectual: Create a space to reach out to people and for your narrative.
- [15:17] Build your capital first, then diversify.
- [15:56] The B.R.R.R.R. Approach.
- [17:08] How not focusing on long-term goals can be a good thing.
- [19:33] What do you need to do before transitioning?
- [21:05] This is what happens if you do not know your market…
- [24:18] The Quarter Method: On Education and Action.
- [26:42] What sense of control you need to get past with.
- [27:44] Initial steps for those who are new in the military and in investing.
- [30:45] "Don't let anyone define what you can do based on your age."
Resources:
Instagram: https://www.instagram.com/austin_clark_original/
Facebook: https://www.facebook.com/alwaysaspireforyou
YouTube: https://www.youtube.com/c/AustinClarkOriginal/featured
Platforms used by Austin Clark:
Follow From Military to Millionaire's journey on:
Website: https://www.frommilitarytomillionaire.com/
Facebook: https://www.facebook.com/groups/1735593999901619/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
YouTube: https://www.youtube.com/c/Frommilitarytomillionaire/
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Advice to an 18-20-year old: Never let your age dictate what you can or can’t do, and never let somebody else dictate it because of your age.
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Recommended resource(s): YouTube!
Sponsor: Need help finding a realtor like the one Austin used? We’ve got you covered! Simply fill out this short form, and I’ll connect you with one of the real estate agents in our vast network: https://www.frommilitarytomillionaire.com/va-realtor/
-
Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei
Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/
Become an investor: https://www.frommilitarytomillionaire.com/investor/
-
SUBSCRIBE: https://bit.ly/2Q3EvfE
-
Website: https://www.frommilitarytomillionaire.com/start-here/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/militarymillionaire/
-
My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.
Friday Feb 26, 2021
Friday Feb 26, 2021
Episode: 131
Rich Carey and Doug Nordman
Join your hosts, David Pere and Alex Felice, with guests Doug Nordman and Rich Cary as they talk about investing and asset allocations during the pandemic. While in the military, Rich paid off $230k for a mortgage. Now, he's acquired a fourplex and six-plex during the pandemic as an addition to his properties.
Later, Doug shares a story on getting a 529 account for a granddaughter and explains what it teaches about picking an asset allocation that one can live with personally. For Doug, everything flows, first and foremost, out of figuring out what one can tolerate in an asset allocation.
In this episode, listen as they also throw in their two cents on scaling and managing properties and what they hold as personal opinions on what 'sure money' truly is, especially for service members.
About Doug Nordman and Rich Cary:
Retired at age 41 after 20 years with the U.S. Navy's submarine force, today Doug Nordman is an enthusiastic surfer, an omnivorous reader, a martial arts student, and a veteran of many chaotic home-improvement projects. With his retired Navy Reserve spouse, they raised their daughter in Hawaii.
Rich believes that conservative investing is superior to aggressive tactics. He's been successful with conservative index fund real estate investing. Rich currently owns 30 units, with 20 single-family homes paid off. He has served 20 years as a Special Agent in the Air Force (similar to NCIS). After retiring from the United States Air Force, he is now living in Montgomery, Alabama, where all of his properties are located.
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Sponsor:
The War Room Real Estate Mastermind Group: Email wrmastermind@gmail.com to apply!
Outline of the episode:
- [02:49] Acquiring a fourplex and a six-plex during the pandemic.
- [03:43] Cutting expenses by self-managing properties.
- [04:55] The experience of having problematic tenants during a pandemic.
- [06:41] On scaling with debts and self-managing your properties.
- [12:03] What do multifamily gurus warn about that needs to be noted?
- [20:12] "Pick an asset allocation that makes sense for you."
- [25:25] The thing with GameStop and the Casino Conundrum.
- [29:14] A personal opinion regarding index, TSPs, and IRAs.
- [31:56] Counting TSPs as reserves.
- [41:53] A financial advice to every service member.
Website: https://the-military-guide.com/
Linkedin: https://www.linkedin.com/in/dougnordman/
Facebook: https://www.facebook.com/doug.nordman.5
https://www.facebook.com/imrichonmoney/
Twitter: https://twitter.com/TheMilitaryGuid?
https://twitter.com/richonmoney?lang=en
White Coat Investor - 150 Portfolios Better than Yours:
https://www.whitecoatinvestor.com/150-portfolios-better-than-yours/
Follow From Military to Millionaire's journey on:
Website: https://www.frommilitarytomillionaire.com/
Facebook: https://www.facebook.com/groups/1735593999901619/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
YouTube: https://www.youtube.com/c/Frommilitarytomillionaire/
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Sponsor:
The War Room Real Estate Mastermind Group: Email wrmastermind@gmail.com to apply!
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Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei
Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/
Become an investor: https://www.frommilitarytomillionaire.com/investor/
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SUBSCRIBE: https://bit.ly/2Q3EvfE
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Website: https://www.frommilitarytomillionaire.com/start-here/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/militarymillionaire/
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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.
Friday Feb 19, 2021
Friday Feb 19, 2021
Episode: 130
Paul Farmer
Join your hosts, David Pere and Alex Felice, with guest Paul Farmer, as he shares about how passive investing is changing the course of his career and speeding up his journey to financial freedom at his early age.
From his experience, Paul tells us what any youth needs to equip themselves with, in knowledge and the environment, in order to succeed in real estate or in whatever goal they set in general; a piece of advice he has tested and proven to be influential – even without a college degree.
About Paul Farmer:
Three weeks after graduating from high school, Paul Farmer decided to join the army at an early age. While in deployment, Paul started reading a book that his brother suggested. After reading Robert Kiyosaki's famous book 'Rich Dad Poor Dad,' Paul lit a desire inside him to achieve financial freedom with what he's getting from the military.
After his deployment in Iraq in November 2019, Paul came home with twenty grand and didn't know what to do with it initially. With help from a friend, Paul quickly entered real estate. At present, Paul is now a real estate and stock investor.
Outline of the episode:
- [01:15] Deciding college is not for me after high school.
- [02:16] Coming home with over twenty large in savings.
- [08:31] The possibility of getting a VA loan without…
- [14:19] On Paul's pre-deployment game plan.
- [17:41] A common problem that beginners make.
- [23:38] The goals you set that lowball your potential.
- [28:43] Surround yourself with the right people, information, and opportunities.
- [33:25] "I would tell that 19 y.o. to…"
- [36:01] An essential thing that can be worked on, but not many people do.
- [37:37] What disqualifies people from getting approval or from closing?
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Advice to an 18-20-year old:
- Apply for a credit card and build your credit.
- Educate yourself
- Surround yourself with like-minded people!
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Resources:
Instagram: https://www.instagram.com/__pauly/
Rich Dad Poor Dad by Robert T. Kiyosaki:
Credit Score Trackers used by Paul:
https://www.creditkarma.com/free-credit-score
Follow our journey:
Blog: https://www.frommilitarytomillionaire.com/
YouTube: https://www.youtube.com/c/Frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/1735593999901619/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
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Sponsor:
The War Room Real Estate Mastermind Group: Email wrmastermind@gmail.com to apply!
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Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei
Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/
Become an investor: https://www.frommilitarytomillionaire.com/investor/
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SUBSCRIBE: https://bit.ly/2Q3EvfE
-
Website: https://www.frommilitarytomillionaire.com/start-here/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/militarymillionaire/
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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.
Friday Feb 12, 2021
Friday Feb 12, 2021
Episode: 129
Marty Tyler
Join your hosts, David Pere and Alex Felice, with guest Marty Tyler, as he talks about his experience in auctioning, managing assets and an amusing story of how he started acquiring and growing properties under his list after his time in the Air Force.
After the service, Marty's projects started with a garage. Having the experience, he now shares what we need to learn about tax liens and how anyone can create their own portfolio by eyeing the right properties in auctions.
In this episode, join in as we learn more about a mostly overlooked approach to acquisition from Marty's incredible and heuristic experience.
About Marty Tyler:
Marty joined the Air Force in 2001 and has always been into real estate ever since. He likes to watch HGTV. When Marty got out of active duty seven years later, he built a garage where he added an apartment to be for rent.
Ever since that project, Marty has been buying stuff, doing a couple of flips, and decided that buy and hold was the area that he liked and excelled in the most. From there until now, he has been doing that pretty hot and heavy over the last couple of years.
Outline of the episode:
- [07:22] What is a tax lien?
- [12:44] The time to let someone take over a management task and let go.
- [16:20] Determine a viable venture or an assignment through your likes and dislikes.
- [17:17] Consider outsourcing when…
- [20:10] How do you find properties that are on auctions?
- [23:58] Auctioning: Getting close to the fire.
- [26:23] Even though you may win or lose, show up.
- [27:12] What showing up does for you and your reach.
- [39:13] Don't keep up with the Joneses!
- [44:19] Keep your eyes on your local market first.
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Advice to an 18-20-year old:
Don’t compare yourself to anybody else!
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Recommended resource(s):
Learn your local market!
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Sponsor: Propstream https://www.frommilitarytomillionaire.com/propstream
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Resources:
Facebook: https://www.facebook.com/marty.tyler.56
Email: tyler.stars2005@gmail.com
Platforms used by Marty Tyler:
Follow our journey:
Blog: https://www.frommilitarytomillionaire.com/
YouTube: https://www.youtube.com/c/Frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/1735593999901619/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei
Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/
Become an investor: https://www.frommilitarytomillionaire.com/investor/
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SUBSCRIBE: https://bit.ly/2Q3EvfE
-
Website: https://www.frommilitarytomillionaire.com/start-here/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/militarymillionaire/
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My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.
Friday Feb 05, 2021
Friday Feb 05, 2021
Episode: 128
Matt Deboth
Join your hosts, David Pere and Alex Felice, with guest Matt DeBoth as they talk about what cross collateral deals are and how Matt acquires multi-million dollar real estate or multifamily buildings without putting money down.
With deals, Matt works on everything in-house. He's got a management team that handles cleaning the property, raising its rent, occupancy, and conducting the needed tenant relations. Even when he bumps into significant damages, he knows he's got a team lined up waiting.
In this episode, tune in as Matt shares the method he used that helped him achieve nothing else but growth from his first-ever investment of hacking a 20-unit apartment alone – with no partner.
About Matt DeBoth:
Matt DeBoth is a Marine Corps veteran who served from 2003-2011 as Force Recon Marine, deploying to Iraq, Afghanistan, and Africa. Matt purchased a 20-unit apartment complex during his last combat deployment and hacked it upon his exit from the service.
Matt currently invests in the Midwest and owns a portfolio of 142 rental units. Since 2011, he has flipped 25-plus rental units and BRRRRed multi-million dollar apartment buildings, all while using traditional funding from banks.
Recently, Matt has started a full rehab on a 48-unit apartment building located in Des Moines, Iowa. Additionally, he sold his laundromat and began repositioning his portfolio to hold mid-to-large-sized apartment buildings. Working as the general contractor and asset manager for his portfolio, Matt has found his value-add appreciation and creative financing expertise.
Matt currently hosts a local real estate meetup and uses his free time to educate others on real estate investing. Being a part of multiple mastermind groups, reading investment books, and being a podcast buff, Matt views himself as a lifelong student.
Outline of the episode:
- [02:40] What is cross-collateralization?
- [05:40] Introducing yourself to the tenants of your acquired property.
- [12:31] A significant factor people don't realize about multi and single-family acquisitions.
- [17:03] On taking risks while you're still young.
- [30:23] The plan for 2021.
- [35:00] What's going on with BiggerPockets?
- [44:27] Personal or business-related, build different goals and stick to them.
- [47:25] Be accountable when you set goals.
- [49:12] One of the many roles that masterminds play in our lives.
- [52:11] Don't do everything on your own – delegate!
- [1:02:11] The life hacks side of TikTok; Rising App where Elon and personalities alike talk.
Resources:
BiggerPockets: https://www.biggerpockets.com/blog/contributors/mattdeboth
Instagram: https://www.instagram.com/mattdeboth
Linkedin: https://www.linkedin.com/in/matt-deboth-24077b17a/
Clubhouse App:
https://www.joinclubhouse.com/
Follow our journey:
Blog: https://www.frommilitarytomillionaire.com/
YouTube: https://www.youtube.com/c/Frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/1735593999901619/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Sponsor: Our super affordable real estate investing for beginners course! https://www.frommilitarytomillionaire.com/teachable-rei
Real Estate Investing Course: https://www.frommilitarytomillionaire.com/teachable-rei
Recommended books and tools: https://www.frommilitarytomillionaire.com/kit/
Become an investor: https://www.frommilitarytomillionaire.com/investor/
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SUBSCRIBE: https://bit.ly/2Q3EvfE
-
Website: https://www.frommilitarytomillionaire.com/start-here/
Instagram: https://www.instagram.com/frommilitarytomillionaire/
Facebook: https://www.facebook.com/groups/militarymillionaire/
-
My name is David Pere, I am an active duty Marine, and have realized that service members and the working class use the phrase "I don't get paid enough" entirely too often. The reality is that most often our financial situation is self-inflicted. After having success with real estate investing, I started From Military to Millionaire to teach personal finance and real estate investing to service members and the working class. As a result, I have helped many of my readers increase their savings gap, and increase their chances of achieving financial freedom! - Click here to SUBSCRIBE: https://bit.ly/2Q3EvfE to the channel for more awesome videos!
THIS SITE IS INDEPENDENTLY OWNED AND OPERATED. ALL OPINIONS EXPRESSED HEREIN ARE MY OWN. THE VIEWS EXPRESSED ON THIS SITE ARE THOSE OF THE AUTHOR OR THE AUTHOR’S INVITED GUEST POSTERS, AND MAY NOT REFLECT THE VIEWS OF THE US GOVERNMENT, THE DEPARTMENT OF DEFENSE, OR THE UNITED STATES MARINE CORPS.