Posts tagged "wealth"

JC 106: Extreme Financing with Ziad K Abdelnour

February 5th, 2021 | no comments

The Wealth Creation Business

Ziad K. Abdelnour has over 30-year experience on Wall Street backing over 125 companies & serial entrepreneurs worth in aggregate over 20 billion dollars in the private equity, high yield bond, and distressed debt markets.

Ziad is Founder, President & CEO of Blackhawk Partners, Inc. a private “family office” in the business of originating, structuring & acting as equity investor in strategic corporate investments and co-Founder of OMV Capital LLC; a trading platform focusing on the financing of real estate, infrastructure and project finance properties throughout the globe.

Ziad is Founder & Chairman of the Board of the Financial Policy Council; a 501 (c) (3) non-profit organization designed to give its select group of supporters the opportunity to have a direct face-to-face dialogue with the nation’s quintessential power brokers and policymakers. Ziad is also a Chairman of the Advisory Board of Hawkstorm Global – a business specializing in providing a wide array of elite services ranging from Emergency Response and Asset Protection to Security Consulting and Risk Assessments by former members of Navy seals, CIA, DOJ, Blackwater, FBI, State Department, and DEA Agents.

Today, Ziad continues to be featured in hundreds of media channels and publications every year and is widely seen as one of the top business leaders by millions around the world.

Ziad Abdelnour joins John Carney today in The Real Estate Locker Room on how to create wealth out of thin air.

Key Points:

  1. Business is about understanding people. Expose yourself to all people to learn from them.
  2. Your network is your net worth
  3. Business is war. Gather intelligence about the market, competitors, etc.
  4. If you don’t have money or access to banks, you only have a project that will not be funded.
  5. No one is going to give you power or money. You have to be smart and take it by force.

Favorite Sport:

  • Polo
  • Extreme Skiing 

Favorite Books:

Pro tip:

  • Success is about empowering and inspiring people.

Resources Mentioned:

 Reach Out to Ziad Abdelnour

Thank you, Ziad for taking the time to share applying financial skills with the audience.

10,000 Miles to The American Dream GIVE AWAY!!!

Because we hit our 100thepisode, we are giving away 100 copies of our book 10,000 Miles to The American Dream!

  • How to win:
    • Go to your preferred podcast platform.
    • Leave a review
    • Send a screenshot to me via email, FB, or IG in a DM with your mailing address!

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

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© John Carney 2021

JC 097: Black Belt Wealth with Damion Lupo

August 26th, 2020 | no comments

Commit to The Big Vision.

Born with an entrepreneurial spirit Damion started his first business at age 11, (even hiring his parents for logistics support). Over the last quarter century he’s started and owned more than 50 different companies including an insurance agency, precious metals firms, a venture capital company, a coaching and consulting firm, and more than a dozen real estate investment and development companies. Damion is a martial artist who holds three black belts and is the founder of Yokido ™, a martial art practice that he developed.

Damion is a sought-after financial consultant for high-profile private clients. He leverages his vast depth of knowledge on financial markets, money psychology and unconscious pattern motivation to quickly assess hidden financial cancers and holistically heal his clients (and their organizations) through awareness, empowerment and vision development.

Damion’s personal philosophy centers on Self-Responsibility and a conviction that the only path to freedom is through candor, growth and a big vision. The big vision ideal is what drove him to narrow the focus on the Retirement System and teach about the eQRP®, a tool to design retirement vs. getting destroyed by it.

Today Damion works with change agents to Disrupt Wall Street’s manipulative system of enriching itself at the expense of its client. He’s on a mission to Empower Main Street through tools and teachings of financial transformation. His overriding mission is to elevate humanity’s power and control over their life by reducing complexity and creating a simple and transparent conversation around money and investing.

Damion Lupo joins John Carney today in The Real Estate Locker Room to discuss discipline in your everyday life.

Key Points:

  1. Trials add “scar tissue” but that’s what makes you better.
  2. “Success stories” are a pile of failures that are stepping-stones to deeper mastery.
  3. You must allow seasons to happen. Don’t add pressure to things or they will break. Go with the flow.
  4. If you do the work, you get to the other side. But you have to do the work!
  5. Wealth is a choice.

Favorite Sport:

  • Martial Arts

Favorite Books:

 Pro tip:

  • Learn how to be present. The more present you are, the more powerful you are.
  • Start your day with gratitude.

Resources Mentioned:

Reach Out to Damion Lupo

Thank you, Damion Lupo for taking the time to share how discipline and hard work impacts everyday life 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 096: The Big Picture and Building Wealth with Hamza Ali

August 17th, 2020 | no comments

Seeing It Through

Hamza Ali is the Founder and CEO of Gray Spear Capital with an investment portfolio of over $50M multi family assets in Texas. His career spans 15 years in strategic investment, real estate development and mentoring.

Hamza immigrated to the United States from Dubai and started his real estate business in Houston, Texas. He started small and worked his way to the multi family asset class. Hamza is passionate about sharing his knowledge and experience with young entrepreneurs who are looking to get started in the real estate business.

Hamza Ali joins John Carney today in The Real Estate Locker Room to discuss networking and finding your solution with your team.

Key Points:

  1. Take action. This is how you will find your future partners.
  2. Network! Attend real estate industry events and talk to people in the business.
  3. Other investors will help you find your creative solutions. Your team will support you to help you achieve your goals.
  4. Meet the people you will require to build your professional team.
  5. Look at the bigger picture. Find your opportunity to make a name for yourself. Sometimes, that looks like a branding venture vs a profitable venture.

Favorite Athlete:

  • Soccer

Favorite Athlete:

  • Diego Maradona

Favorite Books:

Pro tip:

  • Surround yourself with the right people.

Reach Out to Hamza Ali

Thank you, Hamza, for taking the time to share how you discover opportunity 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 095: Investment Tribe Partnership with Travis Smith

July 23rd, 2020 | no comments

Find Your Tribe + Build Your Wealth.

With a strong background in financial services, Travis launched Tribevest after a rocky start at getting into real estate investment with his brothers.

Tribevest began when five relatives decided to pool their resources by each saving $500 a month to invest. The agreement was fruitful! They were able to purchase investment properties, become partners in a physician’s practice, and even purchased a prize-winning racehorse. Travis leveraged their success and his leadership experience to help others. Tribevest was created to streamline financial collaboration among groups (tribes) and continues to evolve as the more tribes use the platform.

Travis Smith joins John Carney today in The Real Estate Locker Room to discuss the benefit of finding your tribe.

Key Points:

  1. Find your tribe, pull capital and get into the real estate game.
  2. Resilience is the most valuable attribute in life, business and sports. Be willing to be humble, swallow your pride and you will learn.
  3. Tribevest is a group operating system that allows for transparency and accountability for investors.
  4. “More important than the rules are the rules upfront.”
  5. How to minimize risk? Your tribe will lessen the risk, multiply your capital and increases your chances of being successful.

Favorite Sport:

  • Basketball

Favorite Athlete:

  • Lebron James

Favorite Books:

Pro tip:

  • Write down three gratitude’s, visualize, journal and meditate every morning.

Reach Out to Travis Smith

Thank you Travis for taking the time to share how a tribe will lead you to financial success.

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 092: Capital Gains Tax Solutions with Brett Swarts

June 10th, 2020 | no comments

Understanding the Deferred Sale Trust.

Brett Swarts is an entrepreneur, deferred sales trust expert, investor, podcaster, and multifamily broker. His leadership roles include serving as the Founder of Capital Gains Tax Solutions, Commercial Realty Apartment Advisors, and the Capital Gains Tax Solutions podcast.

Brett leads a team of extraordinary people at his companies. He serves ultra high net worth clients and enables them to create and preserve their wealth through real estate investment. Brett leads clients through a wealth preservation process by leveraging the optimal timing capital gains tax deferral structure known as The Deferred Sales Trust. Its purpose is to help individuals escape feeling hostage to the 1031 exchange and 30-50% capital gains tax when they sell their highly appreciated real estate assets.

By focusing on the timeless aspects of being the guide, Capital Gains Tax Solutions’ educational platform helps high net worth individuals and their trusted advisors who help them execute a passive/active capital gains tax deferral wealth plan of their own.

Brett Swarts joins John Carney today in The Real Estate Locker Room to advise us on how to create and protect your wealth.

Key Points:

  1. Clarify your vision of what you want your wealth plan to be.
  2. There are alternative ways for wealth transformation that doesn’t involve a 1031 exchange.
  3. Deferred Sale Trust: Transforming money from one generation to another while getting out debt by diversifying their wealth. It can allow you to get the full depreciation of the property allowing you to obtain and preserve more wealth.
  4. Optimal timing will let you sell high, wait, and then buy low when the market shifts. It’s important to know the legality and track record behind the “installment sale”.
  5. The key is getting a team of professionals that can help you execute the business plan.

Favorite Athlete:

  • Basketball

Favorite Athlete (s):

  • Michael Jordan
  • Lebron James

 Favorite Books:

Pro tip:

  • Practice The Miracle Morning: read the bible, meditate, exercise and journaling. 

Resources Mentioned:

 Reach Out to Brett Swarts

Thank you, Brett Swarts for taking the time to share your wealth planning solutions 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 091: Helping Each Other in Tough Times with Chris Prefontaine

May 29th, 2020 | no comments

What Investors Should Be Thinking About Today

Chris Prefontaine has been in the real estate game for 25+ years and is a two-time Amazon best-selling author of “Real Estate On Your Terms” and “The New Rules of Real Estate Investing”.

Chris is a big advocate of constant and continuing education. He participates annually in high-end mastermind groups and boot camps and invests in private mentors in order to stay competitive in the ever-changing real estate market.

Chris and his family/team have participated in over $80 million in real estate transactions as a group. The team currently focuses on purchasing homes via Lease/Purchase or Owner financing with sellers and helping buyers gain the time they need for credit enhancement, mortgage qualifying seasoning, or down payment build up. The team believes in win/win relationships and strives to structure deals for both seller and buyer to achieve favorable outcomes.

Chris Prefontaine joins John Carney today in The Real Estate Locker Room to talk about helping out, adding value, and solving problems.

Key Points:

  1. People need help right now and this is an opportunity for a win/win.
  2. Terms business: buy only lease purchase and owner financing. Terms means the buyer doesn’t need a bank right away.
  3. Success does not happen overnight. You have to work through hard times and change in order to find success on the other side.
  4. New investors: find someone who has gone through 1-2 economic cycles, is currently doing exactly what you want to do and start digging in for free before you decide to fully commit (YouTube, webinar).
  5. Know what your goals are and what you are willing to put in.

Favorite Sport:

  • Hockey

Favorite Books:

Pro tip:

  • Routine is good no matter what. Work out, meditate, or journal. Start your day intentionally.

Resources Mentioned:

Reach Out to Chris Prefontaine

Thank you Chris for taking the time to share how you navigate difficult times 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 089: The 1031 Exchange with Dave Foster

April 29th, 2020 | no comments

The Real Estate Life You Want.

Dave Foster is a Qualified Intermediary (QI) investment professional that understands that real estate is really an investment in your future. As a multi-industry visionary, Dave has 20 years of experience working across all phases of real estate investing and facilitating 1031 Exchanges for investors.  From commercial to residential real estate, Dave brings his clients a fresh perspective and clear vision for strategic development. As an investor himself, he views each investment no matter the asset class as a unique opportunity for investors to maximize their returns.

Dave built his reputation on being a driven, results-oriented QI who works relentlessly to optimize value for the real estate investors with whom he works. He is inspired by a genuine desire to help real estate investors excel and Dave continuously strives to create win-win situations. Dave successfully worked toward the life he wanted and was able to do it by facilitating 1031 exchanges.

Dave Foster joins John Carney today in The Real Estate Locker Room to explain how to increase your wealth with 1031 exchanges.

Key Points:

  1. 1031 Exchange: In the statue of the IRS tax code, there are provisions that allow you to sell/purchase investment real estate, use a QI, and indefinitely defer paying tax on capital game. Investors may use that tax deferment to purchase more real estate and increase their wealth.
  2. Not limited to “buy and hold”. You may use the 1031 Exchange for any kind of real estate as long as it is for investment.
  3. 1031’s are not easy. Your QI is your investment guru.
  4. Timing requirements: You only have 45 days to identify a new property after the sale of the existing property. Your QI needs to be in place before the sale of the initial property.
  5. Advice to consider: Research your market. Focus on the big picture. Start early and be strategic. Ready, fire, aim does not work. Work with an expert.

Favorite Sport:

  • Basketball & Volleyball

Favorite Books:

Pro tip:

  • Follow your passion and follow it now.
  • Only do what your passion is and don’t do anything else. Otherwise, you are going to suck at it and burn out. 

Reach Out to Dave Foster

Thank you, Dave, for taking the time to explain the 1031 Exchanges and how they work 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 086: Raw Land Investing with Scott Bossman

March 11th, 2020 | no comments

Creating Passive Income in Raw Land Investments.

Scott Bossman and his wife, Erin, have been investing in raw land for 4 years. Scott was able to replace his income as a Physical Therapist in just 2 years and he quit his job in 3 years. He now works as a PT just 1-2 afternoons a week and enjoys the luxury of working at home on his land business. Scott and Erin’s land business has enabled them to spend more time with their family and to experience a degree of financial security that they never dreamed possible.

Scott is now a member of the Land Geek team, and is passionate about sharing what he’s learned to inspire and educate others to pursue their dreams of financial freedom through raw land investing.

Scott Bossman joins John Carney today in The Real Estate Locker Room to discuss the Land Geek program and how it can build you wealth.

Key Points:

  1. You need discipline and consistency to create good habits.
  2. Marketing: Mailings work great. If you are using a mailing system, you will require a fine-tuned system to scrub your list and indentify your targets.
  3. Get a team and a system in place to delegate tasks and duties. Outsource or train people to work on your biggest pain points.
  4. If you follow the math for the Land Geek program, you will see results for $4-5k in passive income in a year’s time.
  5. The raw land market is vast and can be bought, marketed and sold online from anywhere in the world.

Favorite Sport

  • Baseball: Cubs
  • Basketball

Favorite Athlete:

  • Ryne Sanberg

Favorite Books:

Pro tips:

  • Journal everyday and self score your progress.
  • You need to feel a little discomfort with your decisions to motivate you to succeed.

Reach Out to Scott Bossman

Thank you Scott for taking the time to share how to buy and sell raw land and generating passive income 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 085: Wealth Without Wall Street with Russ Morgan and Joey Mure

February 26th, 2020 | no comments


Take Control of Your Legacy Wealth.

Meet Russ Morgan, aka “The Idea Guy”, who started his career in the financial services industry. Russ began a journey to passionately understand more about how to gain control over his money and better serve his clients. Russ believes that it’s time you stop following conventional planning methods and start thinking for yourself. He delivers business owners and investors the knowledge they require to make sound financial decisions and create legacy wealth. The best path to financial freedom is one that frees you to make decisions that allow your money to grow, allow you to have access your money, and to protect your money from market swings and tax regulations.

In 2003, Joey Mure, aka, “The Stallion”, started his career in the mortgage business. He quickly become a branch manager with one of the nation’s top mortgage lenders and was charged with leading a team of twenty-five  loans officers. Despite earning an impressive income and receiving national recognition, Joey still had significant questions about how to save for the future without having to rely on borrowing from the banks. How does anyone save aggressively for retirement AND simultaneously pay for automobiles, save for college, weddings, and vacations?

In 2010 Joey met Russ, who shared the Infinite Banking Concept and everything changed. IBC allowed Joey to get completely out of debt and he started saving four times the amount that he had previously been saving. Joey now has a clear plan of how to save for all our life’s expenses without giving up retirement savings.

Joey decided to join Russ and cofounded a company called Wealth Without Wall Street. Together they teach people to stop trading time for money to achieve financial freedom by following the 5 Pillars of Wealth Without Wall Street.

Russ Morgan and Joey Mure join John Carney today in The Real Estate Locker Roomto discuss alternative ways to create wealth and freedom.

Key Points:

  1. Infinite banking concept: a process of using money in a way to take control of your financial life.
  2. Become the bank.
  3. You will require to the right life insurance policy in order to benefit from the infinite banking concept.
  4. This is uncommon and atypical advice and requires you to think outside the box.
  5. The money you pay in your premium creates the value for you to unlock.

Favorite Sport:

  • Golf: The Masters
  • Baseball

Favorite Athlete:

Favorite Books:

Pro tip:

  • Leadership is knowing what you can do and giving away everything else to someone who is much better suited.
  • Know what you are going to be present for and prepare for it.

Reach Out to Russ and Joey

Thank you, Russ Morgan and Joey Mure, for taking the time to share the infinite banking cconcept withthe 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 080: Investing in Manufactured Homes with Andrew Keel

December 2nd, 2019 | no comments

(Lonnie) Deals on Wheels

Andrew Keel is the founder of the Keel Team, LLC. He and his team currently manage 16 manufactured housing communities and are continuing to grow. Andrew uses his expertise to turn around under-managed, manufactured housing communities by utilizing proven systems to maximize occupancy while reducing operating costs, thus generating revenue.

The Keel Team specializes in bringing in mobile homes to fill vacant lots, implementing utility bill pay back programs, and improving overall management and operating revenue. The result of his efforts significantly boosts the asset value and net operating income of these communities.

Andrew Keel joins John Carney today in The Real Estate Locker Room to amplify your mobile home game.

Six Key Points:

  1. Do a Lonnie Deal. Buy a mobile home in a mobile home park nearby, put work into the home, and sell the structure but keep the lot so you can collect the lot rent.
  2. You will have immediate success when you “become the bank” and finance the home. Owning a mobile home plus the lot has tax benefits, depreciation schedules, and creates wealth.
  3. In mobile home parks, you can own the lot the home is on. The tenants can own the mobile home itself. Therefore you are not responsible for home upkeep as a landlord. The annual turnover rate for a mobile home community is only 5-6%.
  4. Be obsessed and you will be successful. Go all in with your passion and learn everything you can. Find a mentor and build your team so that you can advance to a higher level of real estate.
  5. Find an experienced operator and invest passively with them for your 1st deal to learn from the operator and the process.
  6. Review your goals daily. It will train your mind to create solutions and options in your business and everyday life.

Favorite Sports:

  • Football
  • Ironman
  • Triathlons

Favorite Athlete:

Favorite Books:

Pro tip:

  • Keep a healthy lifestyle.

Resources Mentioned:

Reach Out to Andrew Keel:

Thank you, Andrew, for taking the time to help us understand how to be successful in mobile home investments 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