Timeshare Lawyer Tips (Episode 163)

Timeshares are the worse. Mostly because there is negative equity as soon as you purchase because you have to pay a huge sum of money to leave your monthly/annual commitment.

President and Co-Founder of Newton Group Transfers

Trusted timeshare exit company

Author of The Consumer’s Guide to Timeshare Exit

  • Featured as a timeshare exit expert in US News & World Report
  • Why do most people want to get out of their timeshares?
  • If you paid $20,000 for your timeshare, why you can’t sell it for a profit like most other real estate?
  • Why won’t the resort just take it back?
  • Why do you say a 100% money back timeshare exit guarantee is not enough?
  • Why do you say that going back to the resort is NOT a good idea? 
  • Why does a secondary (resale) market for timeshares not exist?
  • Why did Gordon write The Consumer’s Guide To Timeshare Exit?

Episode 152 – Kyle Jones Apartment Investor & 7 lessons learned

7 Lessons learned from first few deals

7 – Not Googling the crime on the property

6 – Not communicating enough through the closing process with LP’s (1031 story)

5 – Not following up with the mortgage broker enough (going through a mortgage broker)

4 – Not having a relationship with the leasing person (found out she was working multiple props)

3 – Not asking if the PM can handle investor checks

2 – Not firing a Property Manager fast enough

1 – Not starting soon enough (invested in SFR’s, but scaled with MFH)

Episode 150 – Apartments to Mobile Home Parks with Paul Moore

Take the hint from other high level investors and be aware that MFH Apartments is where a lot of new syndicators are starting businesses and where all the gurus are teaching about the space. It might be time to look elsewhere other than Apartments and into mobile home parks.

Learn more about the asset class here – https://simplepassivecashflow.com/mobile-home-park-investing/

Episode 147 – Economic Predications with MoneyBall Trader

Vice Index
Watch the China Trade
Economic indicators

THE MONEYBALL TRADER

The Moneyball Trader is a weekly advisory providing traders and investors with full research and analysis of the top companies to buy or sell on a weekly time horizon. The advisory’s approach is based on comprehensive data analysis.

ANDREW ZATLIN

Andrew began his career as a trained economist, eventually focusing on consumer trends as a Research Fellow at the Kyoto University Economic Research Institute. Wanting more hands-on experience in the business world, he went to the Haas School of Berkeley for his MBA in 1992.

Andrew’s next stop was Silicon Valley at the onset of the digital revolution. The timing couldn’t have been better.

As a 20-year veteran of the semiconductor and networking world, Andrew has participated in the emergence of the new global economy, one based on the unique characteristics of the digital world and a changing global supply chain.

The first-hand experience with the 21st century economy and what makes it so different has enabled Andrew to outperform Wall Street experts. His macroeconomic forecasts consistently rank at the top of Bloomberg polls. Even better, he has harnessed the deep understanding of the way modern companies operate to find the key data points that predict which companies are likely to beat or miss their earnings.

Andrew Zatlin is a leading forecaster of key economic benchmarks. His forecasts are published on Bloomberg and for the year to date, he has been named:

* Leading forecaster for Retail

* Leading forecaster for Payrolls

* Leading forecaster for Jobless Claims

Every Thursday morning – http://www.dol.gov/ui/data.pdf

Moneyball Economics prides itself on:

  • Presenting new & different ideas
  • Proposing actionable investing ideas
  • Being provocative

Vice index?

How is the US Economy doing?

What else indicators or things regular guys can as a bookmark on their computer?

10-2 year index?

Is the U.S. Economy Slowing Down?

Where to be buying?

3-6 months of chaos?

What asset class do you see as most recession resistant?

Why is the Moneyball ending?

Episode 146 – Investing in Musicals w/ Matt “Broadway” Picheny

Matt, and I met a few years back when we were starting to invest in apartments. Having the right network is critical and its important to grow with people. Make no mistake this type of investing is high risk high reward but it’s a whole lot of fun. When I build my base of cashflowing Class B and C apartments I will look to trophy assets like these.

You can invest as a partner in on all kinds of things… even Broadway shows!

Capitulation budget to produce the show (staff costs, set costs, etc)

$8-$10 million for a lower budget but this can go up to $20 million.
Recoupment schedule (assumptions on ticket prices and demand) – Hoping to get back money in 6 months and hoping to tour for a few years.
500-800k costs per week.
Leverage is low in comparison to real estate investing but this is a high risk!
4/5 shows don’t make it past initial run
Do it for fun and because you love the art!
But…
If a show is very popular you could be involved in the tour. Think of it of a phase 3 portion of some past assisted living and RV Park developments.
http://mjppg.com/about-us/

Erica Lynn Schwartz
Erica Lynn Schwartz is a Tony-nominated performing arts professional with a wide
variety of theatrical development and production experience.

Erica has over 15 years of experience in Live Entertainment including producing
Broadway shows.  Her Broadway producing debut was Neil LaBute’s Reasons To Be
Pretty (TONY, Drama Desk & Outer Critics Circle Nominations for Best Play) and she
is currently a co-Producer on Moulin Rouge! The Musical.  Erica has invested in several
shows including the smash-hit Hamilton and an international tour of Wicked.
Erica has worked on several Broadway shows including Wicked, The 25th Annual
Putnam County Spelling Bee, I Love You, You're Perfect, Now Change, Movin'
Out, Doubt, and Hairspray. She ran the licensing, booking and touring division of
Daryl Roth Theatrical Licensing, lead a $25.5 million capital campaign for MCC
Theater's newest complex and managed the reopening of Lincoln Center’s Alice Tully
Hall.
Erica is a graduate of Northwestern University where she holds the honor of being named
a Distinguished Alumnus in 2008. She is currently the General Manager for the Emerson
Colonial Theatre in Boston, Massachusetts, where she resides with her husband and their
two daughters.
For more information about Erica and Avalon Road Productions, please visit
www.avalonroad.net

Matt Picheny, PMP
Matt Picheny is the Managing Partner at MJP Property Group, a real estate investment
company. He has been involved in single family, multifamily & vacation rentals for over
13 years.

Matt has experience in property valuation, acquisition, new construction, rehab projects,
property leasing, management, financing and is a Fannie Mae approved buyer. With an
investment portfolio of over 1,350 units, he is primarily focused on acquiring and
repositioning multifamily communities.

As a PMI certified Project Management Professional, Matt has a proven track record of
delivering projects on budget, on schedule and at the highest quality standards. He is a
marketing veteran whose 20-year New York City career spanned several of the world’s
largest advertising agencies, producing award-winning projects for Fortune 500 clients
including Verizon, IBM, and Coca-Cola.
For more information about Matt and MJP Property Group, please visit www.mjppg.com

Once you have gone through the majority of podcasts feel free to sign up for a chat – Also to get into my projects please setup a call because we need to have a pre-existing relationship.
Setup a call here: https://calendly.com/simplepassivecashflow/20/

SimplePassiveCashflow.com is for working professionals who are looking for diversification and better returns outside of traditional investments such as mutual funds and stocks.

Check out my Free Resources Below:
1) The Hui Deal Pipeline Club is a free investor club where I filter investments and underwrite the numbers and partners myself.. Unlike other investor lists and groups, my investors have personal access to me and know that I personally have skin in the game investing alongside with my investors. Make sure you sign up for my Hui Deal Pipeline Club to get sent the deals I come across:
Simplepassivecashflow.com/club

Mastermind Club: If you or someone you refer invests at least $50K into one of my future deals you will be invited to my exclusive Ali’i Mastermind with other 12-20 other serious investors to discuss deals and our own portfolios. For more details: SimplePassiveCashflow.com/mastermind

2) Join a Social Club:
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5) Please leave a review for the podcast!
http://getpodcast.reviews/id/1118795347

6) Coaching Program to get you to your first rental in 90 days!
simplepassivecashflow.com/coaching

7) Summary of every Simple Passive Cashflow Podcast: https://docs.google.com/spreadsheets/d/1gJc_p0RCKUPlKRiF17FgtXvcIkvZS-iHjGNo8Vts3K0/edit?usp=sharing

 

143 – Interview – Designing your Life with Daniel Goodenough

Daniel Goodenough is the author of the recently released book of fiction, The Caravan of Remembering, A Roadmap for Experiencing the Awakening of Your Life’s Mission. He has been a professional musician, research scientist, and graphic designer. In the past 30 years, he has taught thousands of students through The Way of the Heart program to discover their authentic life’s path, and to walk that path in the world. Recently, he has been consulting with companies to help them do business differently, responding to the today’s changing business environment with mindfulness, integrity, and heart.

Trapped in his life as a designer in Chicago that is both meaningless and safe, David hears a call he can’t resist to enter Caravan, a timeless, mystical world where he travels with mentors and other seekers to find his life’s meaning. Tools for the journey, including journaling and immersion in life’s story, are embedded in this rich tale, grounded in the author’s 30 years of working with life mission seekers. A series of questions in the back of the book helps readers apply what they’ve learned to their own lives.

The Caravan of Remembering: A Roadmap for Experiencing the Awakening of Your Life’s Mission.  

www.caravanofremembering.com

www.thewayoftheheart.com

 

Topics discussed:

What is life’s mission, and why is it important in our lives?

How can we can discover our authentic life’s mission?

How can we answer the questions: “What did I come here to do, embody, and serve? Why am I here? Who am I called to become?”

How can becoming aware of our life’s mission help us to make better choices in today’s changing work environment, where young people may have up to 16 different careers during their lifetime?

How can we conduct business differently, with mindfulness, purpose, and respect for each other and the environment?

How can new ways of doing business actually lead to greater financial success? (Daniel has examples of this.)

142 – Hui Member Showcase – Carl

[First in a series of 2019 Hui Club member interviews and live coaching sessions. No more interviews of the same old people, these are real people just like you].


Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer

For a free electronic version of my bestselling book in 12+ categories text the word “ebook” to 587-317-6099.

Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347

Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club

Pardon the grammar – I’m an Engeneer, Enginere, Engenere… I’m good with math!

________Here are the Show Notes________

[First in a series of 2019 Hui Club member interviews and live coaching sessions. No more interviews of the same old people, these are real people just like you]

Karl is a police officer who is currently making about 35k in passive income from his properties, which consists of 18 houses and 24 apartment units and are spread across small multifamily units.

He started purchasing these properties in 2009.

He then moved into wholesaling and just basically putting his money to work through private lendings and house flipping.

He still keeps his day job as a police officer and continues to serve his community and help other people.

The high demand for a better and affordable housing in their city drove Carl to try and enter the real estate business.

Karl talks about his experiences on being a landlord and an investor. He also shares his experiences in house flipping as well as his future plans after retirement.

 

138 – Fundamentals – Crypto Currency Basics with Andy Lapointe

YouTube Link: https://youtu.be/1vVQPdfl_So

Also check out Buck Joffrey’s podcast on cypto: https://itunes.apple.com/us/podcast/consensus-network-cryptocurrency-news-education/id1436793238?mt=2

Article Link: Text “simple” to 314-665-1767 to download the Hui Google Drive files and the 2018 Rental Property Analyzer

For a free electronic version of my bestselling book in 12+ categories text the word “ebook” to 587-317-6099.

Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347

Join the Hui Deal Pipeline Club! SimplePassiveCashflow.com/club

Pardon the grammar – I’m an Engeneer, Enginere, Engenere… I’m good with math!

________Here are the Show Notes________

Is dealing in Cryptocurrency dangerous?

Bitcoin grew in value by 1,000% in 2017.

Ripple was the best performing crypto, which had gains of 36,018% last year due to its ease of use. Each coin of Ripple is worth a small fraction of a Bitcoin. The technology makes it easier for banks, payment providers and businesses to send payments globally. They promise to deliver an experience that is instant, traceable, and inexpensive.

NEM is an enterprise blockchain with “smart assets.” It can also be used to manage things like currencies, financial instruments, supply chains, and notarizations. Think how eBay or Amazon takes data from UPS or USPS to track your packages, but a lot bigger.

Other Cryptos:
Ardor
Stellar
Dash
Ethereum (2nd biggest Cypto)
Golem
Litecoin (getting in mainstream vernacular)

BitcoinLearningCenters.com by Andy LaPointe

Mr. LaPointe created this complete bitcoin learning system from the ground up!
You will learn practical insights into this global phenomenon. By the end
of the interview, you will also have a practical understanding of
cryptocurrencies, blockchain technology and Bitcoin.
The information that Andy LaPointe will share is entertaining, insightful and easy-
to-understand. No matter who you are or your background, the information he’ll
share will help anyone to get started with cryptocurrencies today.

You listeners will learn:
– What is a Blockchain?
– What is Bitcoin?
– What is cryptocurrency?
– How blockchain and Bitcoin are related.
– How to determine if investing into cryptocurrencies is right for you.
– What are some of the misconceptions about Bitcoin, cryptocurrency
and blockchain.
– How to create the right cryptocurrency portfolio for you and your
financial future.
– And much more!

ABOUT THE AUTHOR:
Prior to getting involved with blockchain technology in 2013, Mr. LaPointe spent 15 years in the corporate world as a Registered Investment Advisor (RIA), Series 7 Stockbroker and Mutual Fund Wholesaler. He offers deep knowledge of the financial markets, blockchain technology, asset allocation, risk tolerance and cryptocurrency.
Andy LaPointe lives in Northern Michigan and is available for interview by calling 1-231-676-0643 (Eastern Standard Time) or email: lapointeandy@yahoo.com
– Instant Availability
Or visit: www.BitcoinLearningSystems.com