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Lauren Keen Aumond is a content creator and real estate investor based in Tampa Bay, Florida. She recently quit her 9-5 job and manages her short-term and long-term rentals. Along with her husband, Aric, they built a portfolio that helped them achieve financial independence in their early 30's. She's also the host of the Adulting Is Easy Podcast and The House Money Podcast.
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The key moments in this episode are:
00:00:00 - Bias Towards Action
00:01:35 - Getting into...
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Robert Taylor is a former McDonald's employee who went from a humble crew person to real estate superstar. He set out with a goal to create $5k/mo in income from flipping, while still maintaining his job at McDonald's. He scaled to 4-5 flips a year while still working full time, and grew to 17 flips his first year on his own. Today he flips 25-30 houses a year in the Baltimore, MD area, and has also accumulated 25+ units he's held along the way. Robert's story serves as a beacon of hope and motivation for aspiring entrepreneurs, reminding us all that success is attainable, no matter where one starts in life.
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Real estate investment has long been hailed as a powerful wealth-building strategy, but not everyone has the time or expertise to actively engage in property flipping, BRRRR (Buy, Rehab, Rent, Refinance, Repeat), or other hands-on strategies. For those seeking a more hands-off approach to real estate, passive investment through syndication emerges as a compelling alternative, offering unique benefits that set it apart from other investment methods.
We were excited to have recently closed on a 20 Unit apartment building in Davenport, Iowa, through a syndication strategy. It brought together people we already knew and had a great relationship with. Friends, family, and also real estate agents on our team - working together and investing together to achieve a common goal. But why would someone utilize this strategy? Here are 6 top reasons:
While strategies like flipping and BRRRR can yield substantial returns, they often demand significant...
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For many people, building and growing a business in the real estate space is going to require some sort of funding. How much do you know about fundability? Merrill Chandler is THE expert when it comes to knowing what lenders are looking for to approve you for funding. Since 1997, he has led the transformation of the personal and business borrowing space. GetFundable.com helps entrepreneurs, real estate investors, and business owners supercharge their personal and business borrower profiles to reach their funding goals. You'll learn about "business credit" imposters that can ruin your personal credit, how funding approvals are NOT based on your credit score, and how fundability is based on 40 borrower behaviors that you can utilize to help you get approved.
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Michael believes that all it takes is one short-term rental to help set you financially free. How about 6? Michael shares his journey to financial freedom in just ONE YEAR by leveraging short-term rentals. He and his wife now own 4 properties in TN and 2 in FL and just moved into a $2 Million home in South Carolina and are expecting their first child this fall. We walk through how he selects properties, how he runs his numbers, how he funds them, what steps he take to maximize revenue on each property, and how you can do it too. He's an open book and willing to share his journey....just ask his 750K+ followers on Tiktok!
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Eric and Lila Wohlwend started out sleeping on a mattress on a warehouse floor. They educated themselves in real estate and taught it to their kids. Deven the oldest son, began real estate investing at the age of 7 with no money from his parents and became a millionaire and accredited investor before he could drive! The Wohlwend family has rehabbed and repositioned over a thousand units, grown multiple businesses, and authored a book - Family Success Triangle. In addition, the children started Millionaires In Training (MIT), a group of kids ranging from 160 members in 8 countries teaching kids and young adults how to become entrepreneurs. They do this and still spend half of their time traveling and speaking all over the world. They are the Real Power Family.
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We are so excited to share that we closed on a 20 unit property! What excites us the most is that we got to have over a dozen people INVEST WITH US! These people wanted to passively invest in a property without having to do all the work themselves. They wanted to achieve economies of scale that they couldn't do on their own. They didn't want to have 100% of their income lost if 1 unit is left vacant on a single family home they rent out by themselves. Together we can do more! Tune in as we share details on the property, why it is advantageous for people to pair together, and how you can find deals like this moving forward. Do you have some money you want to put in a deal, but perhaps not enough to buy a property yourself? Don't buy the myth that you have to put in sweat equity to get started in real estate. Find someone you know and trust and you can experience passive real estate investing with your very first deal. Learn how to get started today!
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Dave made a 30k mistake on this first investment, a duplex in Denver, CO, one that ended up costing him over 200k in future missed opportunities. He learned that every real estate investor has a silent partner - Uncle Sam. If you're not careful, Uncle Sam can make more money than you do. But Dave soon learned the incredible value of tax-free savings through the 1031 exchange, which allowed him to buy a sailboat with his family down the road. Dave is a Qualified Intermediary and consultant who shares his tax-saving strategies with investors who want to maximize their returns. He's the author of "Lifetime Tax-Free Wealth: The Real Estate Investor's Guide to the 1031 Exchange". Dave shares how a little bit of advance planning can keep all of your capital working for your own benefit and help you grow your portfolio faster - using your own tax dollars.
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Originally looking to build a career as a stand up comic, Pip Stehlik (with the help of his wife) came to the conclusion there was a different path out there to make money and achieve their family's financial goals. He went back to the family grocery business, where he was miserable, until he attended a Zig Ziglar event in Omaha back in 2002. His attention quickly turned to real estate, where he bought 16 properties in 16 months. Since then, he's been able to do lease options, renovations, commercial, short term rentals, creative financing, and many other methods. Taking a page from Zig's book, he believes "You can have everything you want, if you just help enough other people get what they want." He's led from the stage, training and mentoring over 40,000 entrepreneurs in 18 different countries, as well as launching Pip's Path To Property, and company designed to help others achieve their goals in real estate investing.
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With $250 in his pocket, Sterling Griffin decided to spend it on attending a life-changing Tony Robbins event instead of on rent, which began 5 months living out of his car in Los Angeles. By investing in himself and surrounding himself with other high achievers, Sterling turned an online fitness business to a 7 figure exit in less than 2 years. He then took that money and bought $26.5 Million of real estate in his first full year of investing with no outside investors by investing in medical real estate development. Hear Sterling share about his rapid accent and how he's utilizing his niche to achieve his investing goals over more traditional methods of multi-family syndications.
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