Coming out of college—I worked for the department of economic development up in Albany New York, and it was a really interesting experience. I was charged with helping being a part of projects where we try to keep businesses in New York or otherwise help them locate there, which is difficult to do given the high taxes that are in New York.
Did that for a couple of years, didn’t want to be a civil servant my whole life, so I went to law school—like most aimless people do as they try to find their way.
They say a fool and his money are soon parted, and, for the 1 percent, this is especially true. The more wealth one has, the more risks to their financial security. But with the right knowledge, planning, and guidance, the affluent can not only preserve their assets but enjoy them as well.
Private wealth manager Frazer Rice has seen every challenge and success that the well-off can face. In Wealth, Actually, he shares his holistic, adaptable approach to wealth management. Through a combination of philosophical discussion, practical advice, humor, and anecdotes, he shows how prosperous individuals can determine what they want their wealth to do; communicate with loved ones about their fortune; avoid overspending; handle wealth threats; evaluate, grow, and protect investments; and choose the best advisors.
Money shouldn’t be the dream—but, when it’s managed right, it can be the perfect tool to make dreams come true.
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.
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:
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:
Note Investing: https://www.facebook.com/groups/noteinvesting/
Seattle: https://www.facebook.com/groups/SPCHUISEA/
Hawaii: https://www.facebook.com/groups/SPCHUI808/
Portland: https://www.facebook.com/groups/SPCHUIPDX/
Bay Area: https://www.facebook.com/groups/SPCHUIBAY/
So Cal: https://www.facebook.com/groups/SPCHUISOCAL/
East Coast: https://www.facebook.com/groups/SPCHUIEAS/
Central USA: https://www.facebook.com/groups/SPCHUICUS/
3) Subscribe to my podcast on iTunes or Google Play.
Google Android Phones: https://playmusic.app.goo.gl/?ibi=com.google.PlayMusic&isi=691797987&ius=googleplaymusic&apn=com.google.android.music&link=https://play.google.com/music/m/Iizwgws56nif7jllsr5zqk74gh4?t%3DSimple_Passive_Cashflow_Podcast%26pcampaignid%3DMKT-na-all-co-pr-mu-pod-16
Apple iPhone: https://itunes.apple.com/us/podcast/simple-passive-cashflow-podcast/id1118795347?mt=2
Youtube: https://www.youtube.com/channel/UC3cIIsGKx3osVU5rt2P0HfQ
Stitcher: http://www.stitcher.com/podcast/lane-kawaoka/simplepassivecashflowcom-podcast
Spotify: https://open.spotify.com/show/1TrHc3fc8ZGw4mX3yK76rS
iHeart Radio: https://www.iheart.com/podcast/simple-passive-cashflow-podcast-29238009/
4) Need a legal, insurance, Virtual assistant, CPA, or other referral?. Shoot me an email Lane@simplepassivecashflow.com with a short bio.
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
Daniel Goodenoughis 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 beenconsulting 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.)
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
SPC followers are typically younger than 30 or older than 35. My observation is that when people have kids, that takes all precedence.
Launch 2019 with a 50-minute goals brainstorming session.
(we will not be talking real estate investing – the second half of the presentation will be our 2018 Quarterly recap – this will likely take us another hour… please stay if you can or listen on slient)
Here is the editable worksheet to follow along link
Topic: https://simplepassivecashflow.com/2019-launch/
Time: Jan 5, 2019 9:00 AM Pacific Time (US and Canada)
On the last day of 2019… I will be immensely satisfied when I…
[Get down to 155 lbs and raised $3M in fund]
If it does not scare you bit… Its not high enough.
If you accomplish it what will it give you?
[A level that I can maintain and focus on quality.]
In TEN YEARS… I will be immensely satisfied when I…
[$25k passive a month with still being able to interact with a person a day.]
“We over estimate what we can do in one year and underestimate what we can do in ten years” -Tony Robbins
5 things you did NOT accomplished in 2018?
[Weight goals
Find a new hobby outlet
Operate in a less frantic mode]
Why not?
1) Disconnect
2) surrogate to accomplish the same why
3) used the wrong strategy
4) lacked knowledge/resources/people
5) you took the easy way
6) crabs in a bucket (peer group)
Creating the plan…
Break down the goal in four chunks:
1) Complete routine of activity 3 days a week
2) Evaluate progress in March 1
3) Possible add 4/5th day of activity
4) Evaluate progress in June 1 and at that point address diet
3 People hack: 1 person above you, at your level, and below you that you mentor
Setup environment
Four tendencies: upholder, rebel, questioner, obliger
Rewards
Taking action
Scheduling in the calendar (not recurring cause it won’t be special)
Every two weeks review big goals
Would you like an accountability partner?
Most of you folks are hard-charging achieving types who listen to my podcast at 2X speed. For once you need to stop that just for this exercise.
Set the timer for 20-40 minutes and get into the right State.
Getting into this State is critical. Music, a little wine, whatever floats your boat…
Get a pen, paper, (or your computer/mobile device) and a quiet space and here we go…
The group coaching is something that I have been trying to put together a couple years now after I accumulated a lot of content and got a feel for coaching students these past few years in a one-on-one setting – see SimplePassiveCashflow.com/coaching
I’m code naming this project, “The Journey to Simple Passive Cashflow” and it will consist of:
1) 27 weeks of curated content with concepts building on top of each other
2) Participants go through those modules together and are able to interact on the Bi-Weekly Call and the Private Facebook group in a “group study” environment
3) Bi-Weekly hour power calls switch between the topics of a) Acquiring you direct investment and b) more high-level wealth building concepts and syndication education
It’s going to be a really cool format where people take the journey together. Think like a Fraternity/Sorority without the weird stuff. When I was going through programs it was most beneficial to connect and climb the ladder with quality people. Who knows someone of your Cohorts might do a deal together or become lifelong friends or accountability partners.
1) Currently open for investors – 101-Unit Class C in Gulfport MS
2) 30% – MFH Apartment
3) 90% – Finally a Non-MFH fund syndication (where I do the admin/accounting) to lower costs and get higher prefs and lower minimal investments. Q2 2019
Current investors in past deals let’s meet up when you are in Hawaii. Non-investors you can still kick it with Lane
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.
We have acquired over $155 Million dollars of real estate acquired by syndicating over $13 Million Dollars of private equity since 2016.
Track Record of success:
15 Apartments Buildings Purchased, 2 Manufactured Home developments, and an Assisted-Living Facility
2,100+ total units
10 US Markets – AL, GA, IN, OK, LA, IA, TX, WA, PA, MO
Started investing in 2009 – 9 years of experience
Countless Mastermind and Mentorships in the Live & Virtual clubs through the education platform at SimplePassiveCashflow.com
2,600 investors and 100 new Kool-Aid drinkers every month!
