W2 Capitalist | Earn. Invest. Repeat.

University of Florida and Auburn University Graduate, Anthony Ornella is the Managing Director at Drive Planning Florida, a financial coaching company that focuses on helping you Keep More, Make More and Live More. This perfectly aligns with our EARN. INVEST. REPEAT. mantra and in today's episode Anthony and I unbox the Infinite Banking Strategy. Infinite Banking, a tool for real estate investors, has historically only been known and used by the uber-wealthy but it is a strategy almost everyone can use.   "To some it's just a product, for me it's a strategy." - Anthony Ornella Key Discussion Points: What is a mutual insurance company? Term & Permanent Insurance Products Insurance Companies that Pay Dividends over the last 100 years Benefit to the Shareholder Cash Value vs. Death Benefit Ensure Your Insurance Company is Insured What are the minimums and maximums to a policy? Can you smoke marijuana and be an infinite banker? Use old policies to fund new policies. Episode Affiliate: Passive Real Estate I

This is mentoring session #2 with Preston - The Industrial Salesman. Preston is getting some clarity on how and what assets and strategy he wants to invest in. After this interview, he started to enter the busy season in his W2 so I look forward to catching up with him in a few months.  Key Takeaways From Today: Get Clarity on Your Strategy & Investing Criteria Importance of Having Resources How to Calculate Cash Flow What is a Capital Expense? Know Your Available Insurance Credits  How to Calculate Cash-on-Cash Return How Higher Interest Rates Affect CashFlow (2008 crash) Potential in a $4,500 property Tax Deed vs Tax Lien Adverse Possession Law 2% Rule on MFRs How to Calculate Offer Price on MFRs   Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: The 10 Pillars of Wealth by Alex Becker EARN. INVEST. REPEAT. T-shirts Real Estate Investing for The W2 Employee Facebook Group W2 Capitalist - Mindset Calibration 6-week Course HelmsREI.com

Danny Randazzo is an author, entrepreneur, host of a real estate mastermind, investor, national speaker, and volunteer with The First Tee. He has over half a decade of professional experience working as a financial consultant. He advised multi-billion dollar companies and helped them achieve results in areas that include improved revenue performance, increased profit margin, and enhanced technology utilization. His passion for financial freedom started when he was five years old running small businesses to make extra money. In high school, he read real estate books and studied finance to understand the power of owning assets. His commercial real estate knowledge (from books) gave him and Caitlin the courage to buy their first investment property, which was a $1,000,000 office building. Within the company, Danny is focused on asset management, building relationships, investment analysis, planning, and all things finance. Key Discussion Points: Raising Money from Family & Friends Transparency is the MOST i

Today I’m joined by Eric, small business owner near Palm Springs, FL for his second mentoring session. Eric has responded to the challenges from our first session but getting frustrated with the condition of the market.  Key Takeaways: Progress > Perfection Struggle to Find Properties Time Blocking for Success Owning up to the Struggle Take Time to Relax   Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: Real Estate Investing for The W2 Employee Facebook Group W2Capitalist.com HelmsREI.com

Omer and Kim have contracted 25 transactions in the 4 years they have focused on investing in real estate, and that comes with a year and a half of making offers before they went under contract on their very first property.    Contact Omer & Kim: Kim on Facebook Omer on Facebook AKO Construction on Facebook Key Discussion Points: Importance of having your significant other onboard Focus on Your Health Business is Normal - No Matter What Most Delicious Way to Prepare Eggs Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: The Book on Flipping Houses by J Scott Real Estate Investing for The W2 Employee Facebook Group W2 Capitalist Mastermind TheInvestingFireman.com

Simply put, today I resigned from the job I've been doing for the last 15 years in order to position my family into a better financial situation. To provide the opportunity to EARN MORE. INVEST MORE. REPEAT FASTER. Big changes coming to the Helms Household.   Key Takeaways: Booming Economy = Hot Job Market Take Your Time / Don't Do Something Stupid Let's Connect on LinkedIn   Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: EARN. INVEST. REPEAT. T-shirts Real Estate Investing for The W2 Employee Facebook Group W2 Capitalist - Mindset Calibration 6-week Course HelmsREI.com W2 Capitalist Mastermind

Today I'm joined by Traveling Salesmen Michale Zuber and Jamie O'Brien to discuss WHY being a Traveling Salesman is THE BEST JOB for a Real Estate Investor. They have me convinced. Contact Michael: YouTube Channel  Contact Jamie: https://jamiebuyshousescash.com Key Discussion Points: Know Your Investing Criteria What It Takes to Receive a Platinum Travel Rewards Card Difference Between a "Rookie" Racehorse and a Grey Haired Stud in the Barn. Thriving Through a Real Estate Downturn; not just living but THRIVING through the 2008 crisis.  Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: One Rental At A Time by Michael Zuber Real Estate Investing for The W2 Employee Facebook Group W2 Capitalist Mastermind HelmsREI.com

This is mentoring session #1 with Preston - The Industrial Salesman. Preston lives in Mobile, AL, has dabbled a little into real estate and unfortunately has had some partners that didn't work out.  His fiancé is onboard with the whole real estate investing idea (KEY!) and main goal this year is to add $4,000 in Gross Passive Income from rentals.   Key Takeaways: Long Distance Investing - What Are Your Thoughts? Where Do I Start to Raise Money? What Would You Tell Your 25 Year Old Self? Spend Time Developing Investing Criteria Where is This Hot Market Going? Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: Professional Investors Guild EARN. INVEST. REPEAT. T-shirts Real Estate Investing for The W2 Employee Facebook Group W2 Capitalist Mastermind HelmsREI.com

Joe Fairless encouraging everyone to EARN. INVEST. REPEAT. The full episode with Joe will be released in a few weeks.  Connect with Joe Fairless: JoeFairless.com  Ashcroft Capital Best Real Estate Investing Advice Ever Podcast  

Today I'm joined by Holly Morphew. She is a successful Financial Coach, Real Estate Investor and published author. Holly began teaching personal finance in 2006 as a service project with Rotary International. She received the prestigious “Rotarian of the Year” award in 2007/08 for her work in financial literacy. After a successful career in real estate and finance, Holly founded Financial Impact in 2016. Holly is recognized for her unique approach to money, which reinforces core values while creating wealth. Through workshops, courses, and masterminds, Holly has coached thousands to peace of mind and confidence with their money. Key Discussion Points: Hiking Fourteeners and Finding Plane Crashes Difference Between Financial Coach & Financial Advisor Missing Link to Financial Education Go To School, Be a W2 Earner, Consume Debt - NO! Establishing a Lighthouse Fund Consumer Debt is a KPI of Our Economy Know the Highest/Best Use of Your Time/Income Discover Your Impact Factor Buying Rental Properties on Cre

This is mentoring session #2 with Nick - The Corporate Recruiter. Nick currently lives in New Hampshire but is in the process of relocating his young family to Texas and with one turn-key rental in his portfolio, he is looking to house hack a small multi-family.  Key Takeaways: Primary House Under Contract - Buyer Wants Most of The Furniture Facing Your Fears, Focusing on Constructive Criticism Atlanta is an Hour Away From Atlanta Being Honest When Cancelling a Hotel Room Will Cost You Radeon Air Inspection  Stronger Offers = Larger Down Payment Using LinkedIn to Expand Your Network   Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: EARN. INVEST. REPEAT. T-shirts Real Estate Investing for The W2 Employee Facebook Group W2 Capitalist - Mindset Calibration 6-week Course HelmsREI.com

Today I'm joined by Gino Barbaro from JakeandGino.com. Gino is an investor, business owner and entrepreneur. He has been investing in real estate for 15 years and has grown his multifamily to over 1100 units in just 6 years with over $70MM in assets. Gino is the best selling author of 'Wheelbarrow Profits', graduate of IPEC, a Certified Professional Coach and currently resides in Florida with his beautiful wife and six children.  Key Discussion Points: How Gino Sets Goals Equity Hounds Ultimate Goal of Financial Freedom How / When to Teach Your Kids About Financing & Saving Accepting Societal Change Input From Your Kids The American Dream is Dying, if not Dead  Gino's Best Advice to Raise Money Gino's Best Advice to Stop Exchanging Time for Money Gino's Thoughts on Market Direction and if He is Worried   Episode Affiliate: Passive Real Estate Investor Academy   Contact: Gino Barbaro gino@jakeandgino.com www.jakeandgino.com Multifamily Mastery 3 Live  Gaylord Palms, Orlando, FL October 19-20, 2019

Today I’m joined by Eric, small business owner near Palm Springs, FL for his first recorded mentoring session. Eric has never purchased a house but is anxious to get into REI so he can pursue more time being a missionary with his church and other organizations he is involved. Key Takeaways: Rich Dad Poor Dad is foundational, required read. Real Estate puts a positive mark in your asset column that helps with tax liability.  The phrases Forever Home & Dream Home are absolutely obnoxious.  Goals change as you progress through chapters in your life.  Eric walks a duplex with an inexperienced Realtor.  Eric looks for partners for a down payment.    Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: Real Estate Investing for The W2 Employee Facebook Group W2Capitalist.com HelmsREI.com

Each month we focus on a different topic to study in the W2 Capitalist Mastermind and each month I bring in a virtual guest speaker who is an expert on that month's topic. For the month of March 2019 that topic was Negotiating and Marty Nemko is the perfect guest to discuss this with us. Here is why: Marty's Resume Highlights: Career coached over 5500 students  Author of the book Careers for Dummies In his 30th year of hosting "Work with Marty" on NPR-San Francisco Holds a Doctorate in Educational Psychology from UC Berkley Written 12 books and over 3,800 articles on the topic of psychology Key Discussion Points: Most people want to be liked Cosmic Justice - Stick to the Merit of the Deal  Why you SHOULD hold onto constructive criticism Why do most people struggle with identifying their own awesomeness? Best written negotiation strategies Why am I more interested in people liking me versus gaining the best deal and how it affects my negotiation skills.    Episode Affiliate: Passive Real Estate Investor A

This is mentoring session #2 with Brice - The Gold Mining Mechanic in North Pole, Alaska. Key Discussion Points: More of Brice's backstory Building Relationships HUGELY important in REI Know the potential liabilities for any property Importance of grabbing actual financials on any potential acquisition Using a trusted resource to physically walk a long distance property Walk EVERY unit   Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: Real Estate Investing for The W2 Employee Facebook Group W2Capitalist.com HelmsREI.com

Today I'm joined by Financial Analyst/Underwriter Alex Felice. Alex and I connected through social media and he is here to answer why being a Financial Analyst is THE BEST job for a real estate investor. He has me convinced. Contact Alex: BrokeIsAChoice.com Key Discussion Points: You should manage risk, not fear it. 20 Year olds are idiots. Learn from other idiots. So easy to make money in this country. Being broke is a choice."    Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: Real Estate Investing for The W2 Employee Facebook Group W2Capitalist.com HelmsREI.com

This is mentoring session #1 with Nick - The Corporate Recruiter. Nick currently lives in New Hampshire but is in the process or relocating his young family to Texas and with one turn-key rental in his portfolio, he is looking to house hack a small multi-family.  Key Discussion Points: Intro to Nick Advantages of house hacking a small multi-family Build relationships with wholesalers Wholesalers are not Real Estate Investors, they ARE transaction artist! Amazon & Alibaba as a side hustle   Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: EARN. INVEST. REPEAT. T-shirts Real Estate Investing for The W2 Employee Facebook Group W2 Capitalist - Mindset Calibration 6-week Course HelmsREI.com

  Today I'm joined by a few of my heroes (mainly because of their service but they are also kicking A$$ in REI). After talking with them I'm convinced Military Service Men and Women have THE BEST JOB when it comes to investing in real estate on the side, but don’t take my word for it. Hear it straight from these active duty and veteran service men and women: David Joseph Pere: active duty Marine, serving in Hawaii Patrick Daniel: active duty Navy, serving in Florida Tim Kelly: active duty Navy, serving in Florida Shelby Osborne: Army veteran, residing in North Carolina   Soldier Contact Info: David Joseph Pere (Marine):From Military to Millionaire Tim Kelly (Navy) Instagram | Facebook | LinkedIn Cell: 847-910-9161 (yep, that’s Tim’s real cell #) TheTimothyKelly.com Patrick Daniel (Navy): Maple House LLC Shelby Osborne (Army) Personal: Instagram | Facebook Five Pillars: Instagram | Facebook Pints & Properties MeetUp   Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in

This is mentoring session #1 with Brice - The Gold Mining Mechanic in North Pole, Alaska. Key Discussion Points: Intro to Brice Going from 2 units to 6 units Strategy of Doubling Doors with each new transaction Long Distance Investing    Episode Affiliate: Passive Real Estate Investor Academy   Links mentioned in this episode: Real Estate Investing for The W2 Employee Facebook Group W2Capitalist.com HelmsREI.com

While Lt. Mike (Maryland) and Capt. Ryan (California) are physically separated across the country, their real estate investing careers are just as distant. By that I mean Mike is more experienced with 30 rentals in his portfolio and also does some wholesaling and flipping while Ryan just sold his first rental and looking to reinvest in MFRs. Hear from these real world heroes as they fight fires and fight to build wealth for their families. Key Takeaways: Champagne taste on a light beer budget Focusing on incoming producing activités during off-hours How having children changes your mindset about time vs. money Mapping everyday firefighting skills to real estate investing skills   Episode Affiliate: Passive Real Estate Investor Academy   Contact: Mike Webb: www.TheInvestingFireman.com Ryan Kinyon: rkinyon@gmail.com Jay Helms: www.HelmsREI.com   Links mentioned in this episode: Real Estate Investing for The W2 Employee Facebook Group W2Capitalist.com HelmsREI.com