Posts tagged "cashflow"

JC 104: How to Multiply Your Cash Flow with Chris Miles

January 6th, 2021 | no comments

Cash Flow is Freedom.

As founder of Money Ripples, host of The Chris Miles Money Show, and co-author of the book Entrepreneur on Fire, Chris Miles is a leading authority on quickly creating wealth by increasing monthly cash flow and creating passive income.

Chris has a proven reputation for getting his clients fast, proven results. Many of his clients have the option to retire in less than 5-10 years, and Chris himself was able to retire twice by age 39! Chris’s passion is helping entrepreneurs, and high-income employees become financially prosperous by finding and fixing their money leaks and creating passive income.

Chris and his family live in Utah, but enjoy escaping to warmer weather during the winter months. In addition to helping his clients increase their cash flow, Chris is a talented ballroom dancer, choreographed ballroom dance routines for Utah Valley University, and got 5th place in his third grade spelling bee.

Chris Miles joins John Carney today in The Real Estate Locker Room to discuss cash flow and working “right”.

Key Points:

  1. Free up cash- Track your money so you have a full picture.
  2. You don’t have to pay off all debt to be free.
  3. Income follows asset. Net worth means nothing unless it equals income.
  4. Now is the time to buy real estate and/or sell assets.
  5. With the current stock market, now may be the best time to get your money working for you.

Favorite Athlete:

  • Ken Griffey Jr.

Favorite Sports:

  • Running and Ballroom Dancing

Favorite Books:

Pro tip:

  • It’s not about working harder or smarter. It’s about working right.
  • Find people who do it right and follow how they think and see the world.

Resources Mentioned:

Reach Out to Chris Miles:

Thank you, Chris, for taking the time to share cash flow options with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2020

JC 082: How to Invest in Notes with Jim Maffuccio

January 8th, 2020 | no comments

Generating Cash Flow with Real Estate Notes.

Jim Maffuccio, the Founder and Principal of Aspen Funds, leverages his 30 + years of real estate experience to deliver cash flow to his investors using a financial vehicle that many haven’t discovered. Jim has become an expert on mortgage notes and his investors earn high yields every month without the built-in volatility of traditional investment options.

In 2009, Jim began investing in mortgage notes. Three years later, with his investments proving to be secure, consistent, and highly profitable, he partnered with Bob Fraser to launch Aspen Funds. To date, Aspen has purchased over 1,000 loans in more than 35 states and grown to three separate funds in just over seven years.

Jim Maffuccio joins John Carney today in The Real Estate Locker Room to talk about mortgage notes as an alternative real estate investment.

Key Points:

  1. Think of note investment as rehabbing the documents instead of rehabbing the home.
  2. Win/win situation: set up the homeowner to succeed with an affordable mortgage payment and you (and/or your investors) will make money on the investment.
  3. To be an active investor in note investing means becoming a hard money lender. Passive investing is investing in a mortgage fund and letting them do the work, and receive a check every month.
  4. You must do your homework and vet any alternative investments. Investor beware! Do not be passive when vetting out opportunities.

Favorite Sport:

  1. Basketball
  2. Nova Skiing
  3. Bicycling

Favorite Athlete:

  • Patrick Mahone

Favorite Books:

Pro tip:

  • Never stop educating. Spend the money and go attend conferences.
  • Develop a skill and find out what you are really good at. Know what you are not good at and find the people who are then partner up with them. 

Reach Out to Jim Maffuccio

  • www.aspenfunds.us

Thank you, Jim Maffuccio, for taking the time to discuss how to make a profit by note investing with the audience.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at www.johncarneyonline.com

Connect with John Carney
Facebook: @JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2019

 

JC 027: How to Achieve Simple Passive Cashflow with Lane Kawaoka

September 27th, 2017 | no comments
Learn how to create sustainable cash flow with real estate

Learn how to create sustainable cash flow with real estate Aloha from Honolulu! Lane Kawaoka is a city project engineer and professional engineer by trade. Since he possesses that engineer’s mindset, Lane decided to apply it to a career in real estate.

Lane’s passion project is called Simple Passive Cash Flow. He’s a mentor who helps his clients get started in and navigate the tricky world of real estate investing. Lane partners with investors who are busy professionals like engineers, lawyers and doctors who want to get into the real estate game but lack the time and expertise to understand all of the intricacies of the real estate investing world.

Real estate is like an intense cross fit workout – you have to “chip away at it” and you will be successful.

Cash flow markets versus Appreciation markets:

  • Appreciation markets are defined by Rental Value Ratio, which is the monthly rent divided by the cost of the home. The appreciation areas or primary markets are places where everybody wants to live. When demand is high, the rental value ratios get pushed down.
  • Cash flow markets like Birmingham, AL, Atlanta, GA Indianapolis, IN, Kansas City, MO and Memphis, TN don’t experience explosive appreciation. However these markets guarantee enough cash flow to replace your working income, giving you the freedom to do what you want.

Five key points:

  1. If you don’t have time to manage your own property, hire it out.
  2. The single-family home is a prerequisite when you start investing in real estate. You learn the fundamentals working with single-family homes. It’s the starting place before participating in other people’s deals / syndications as a passive or lead investor.
  3. Single-family home investment is not highly scalable. Once you have gained adequate experience with real estate investment, it’s time to transition into multi-family property or other commercial real estate syndications.
  4. While investing in real estate you’re not going to be doing everything all the time. Certain times will require max effort and high intensity to maximize a deal and close a deal.
  5. Once you set yourself a goal as a real estate investor you have to focus on doing one thing at a time until you cross the finish line Chip away, you get more done by going steadily.

Favorite athlete: LeBron James – NBA basketball player.

Favorite podcast:

Pro tip: Building an effective network – your net worth is your network. Always be adding value to others.

Thank you Lane for taking the time out of your busy day to share your story and real estate experience with us.

Check out all of the free gifts and tune into The Simple Passive Cash Flow podcast here: http://www.simplepassivecashflow.com

Drop Lane an email with any additional questions you have, lane@simplepassivecashlow.com

Watch Lane’s video, “How I make 35% on rental real estate”

Facebook: /SimplePassiveCashflowdotcom

Instagram: @simplepassivecashflow

Twitter: @SimplepassiveCF 

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at http://www.johncarneyonline.com

Connect with John Carney
Facebook: www.facebook.com/JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2017

JC 026: How to Become a Cashflow Ninja with M.C Laubscher

September 20th, 2017 | no comments

Eliminate the Control That Banks Have Over You

JC 026: How to Become a Cashflow Ninja with M.C LaubscherM.C. Laubscher’s a wealth architect and strategist, educator, and financial freedom fighter. He’s the President and CEO of Valhalla Wealth Financial and creator and the host of the popular business and investing podcast, Cashflow Ninja.

M.C.’s mission is to help as many people as possible eliminate the control that banks and financial institutions have over their lives by building their wealth in a variety of ways outside of Wall Street.

He believes the best way to achieve this in the Information Age is by reclaiming the banking function in your own financial life through the structuring of an efficient cash flow management system and creating and building assets that provide multiple streams of income. This is how to eliminate the control that banks have over you.

M.C. teaches actionable education to his listeners and helps his client’s collapse time in their wealth plan and achieve 40 years of financial results in 10 years or less.

M.C. challenges existing societal belief systems and misinformation around concepts such as money, saving, investing, wealth and retirement.

The 3-Question approach towards achieving financial freedom:

  • What do you want? What do you want in life with your health? What do you want with your money and your investing? What do you want from the relationships in your family?
  • Why do you want it/why does it matter? For clarity, you have to know the reason why do you want it and what do you want.
  • Who do you need to become in order to get what you want? Customize and design processes and systems get you to where you want to go.

Five key points:

  1. Before investing you need to recruit an A Team / Power Team in every area that you require help. Then you must customize and design processes and systems that will keep you on track to go exactly where you want to and what achieve what you want.
  2. Whether you’re looking to become a real estate investor or looking to take your portfolio to the next level, there’s art and science in creating financial freedom and in creating the laws that ensure financial freedom. Science is the way to figure out exactly how to get there and the art part is deciding where your interest lies.
  3. A real business is about solving problems for other people and creating outcomes for clients or customers. Products and services are just vehicles for solving problems and creating valuable outcomes.
  4. Every investor must have the skillset of analyzing data, analyzing investments and understand how to analyze a property deal.
  5. In real estate investment it is important to understand who are you trying to serve so that you can determine the approach, strategy and tactics.

 

Favorite athlete: Joel Theodore Stransky – Famous South African rugby player.

Learn about the game of rugby union here: https://en.wikipedia.org/wiki/Rugby_union

Favorite books: The Creature From Jekyll Island by G. Edward Griffin

Pro Tip: Set a target and be crystal clear about what you want in the next quarter, the next six months, or the next year.

Check out the Cashflow Ninja podcasts – http://www.cashflowninja.com/podcast and reach out to M.C. direct – info@cashflowninja.com

Thank you M.C. for taking the time of your schedule to share your story and cash flow expertise with us.

Listen to all the episodes of The Real Estate Locker Room Show and sign up for my FREE monthly newsletter at http://www.johncarneyonline.com

Connect with John Carney
Facebook: www.facebook.com/JohnCarneyOnline
Twitter: @John_M_Carney
Instagram: @johnm_carney

© John Carney 2017