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Hosted by Dr. Jason Balara, this podcast aims at helping professionals finding their own purpose in life and create alternatives streams of income in order to reach their maximum potential.
Episodes
Friday Feb 16, 2024
Friday Feb 16, 2024
EPISODE SUMMARY:
When my son Logan asked me about the secret to wealth, his earnest curiosity set us down a path I'm excited to share with you. His simple question sparked an enlightening conversation on today's Know Your Why podcast, where I delve into the transformative power of real estate investment. From a $50,000 starting point to the lofty peaks of a billion-dollar legacy, I unravel the mystique of compounding gains and the principle of doubling investments every five years. It's a narrative that not only charts the course for achieving financial freedom but also ignites the passion for embarking on this journey, regardless of when you begin.
This episode stands as a testament to the idea that it's never too late—or too early—to start building a future for ourselves and our loved ones. I get personal, sharing my strategies for securing a family's financial future, including navigating life insurance payouts and instilling a sense of financial literacy in our children. You're invited to an intimate session that offers more than just financial advice; it's a movement towards a legacy of prosperity through smart, passive real estate investing. Whether you're a seasoned investor or just starting to explore the possibilities, join me for insights that could redefine your financial trajectory and propel you towards creating a better world for generations to come.
EPISODE CHAPTERS:
(0:00:01) - Investing in Real Estate for Generations Real estate investment opportunities are always available, with potential for compounding growth and future generations.
(0:11:37) - The Importance of Starting Investing Now Taking action for financial stability through real estate, starting late is not a barrier, teaching children about investing for a legacy.
(0:18:26) - Appreciation for "Know Your Why" Gratitude for listeners, diverse guests, and understanding motivations behind success on the Know Your Why podcast.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Feb 14, 2024
Wednesday Feb 14, 2024
EPISODE SUMMARY:
Embark on a transformative journey through the world of real estate investment as Mark Khuri, from SMK Capital Management, shares his remarkable transition from corporate confines to real estate mogul. Unlock the secrets of weathering economic storms and uncover the art of value-add through savvy property rehabilitation with us on the Know Your Why podcast. Mark's wealth of experience sheds light on the nuanced strategy of pinpointing underperforming properties in high-demand areas and elevating them to achieve maximum returns. His tales of resilience during the 2005 recession serve as a masterclass in holding assets when the market is low and optimizing the timing of your investments.
As we venture further with Mark, we uncover the goldmine potential of self-storage facilities and mobile home parks, revealing how undermanagement can translate into lucrative opportunities for the astute investor. Our conversation isn't just about the triumphs; it's a candid look at the balance between active and passive investment roles, the tactical shift from hands-on property management to embracing a diversified, passive portfolio, and the pursuit of a more harmonious work-life balance. Whether you're a seasoned investor or new to the game, Mark's insights into patient, strategic growth and risk management are invaluable.
Join us for an episode full of actionable advice and the inside scoop on building wealth in the real estate market.
MARK'S BIO:
Mark has been an avid real estate investor for over 17 years and throughout his career he has been involved in sourcing, underwriting, acquiring, raising capital, rehabilitating, managing and selling both residential and commercial investments throughout multiple markets in the US.
Mark has analyzed thousands of investment opportunities and has successfully bought, renovated, sold and invested in over 120 properties with a combined value over $1 billion and created and managed over 60 real estate partnerships with investors.
GET IN TOUCH WITH MARK :
EPISODE CHAPTERS:
(0:00:00) - Real Estate Investing and Value-Add Strategies Mark shares his real estate journey, strategy for creating value through property rehabilitation, and the role of timing and luck in investments.
(0:10:37) - Value-Add Strategies in Real Estate Investments Strategic acquisition and value-add opportunities in self-storage and mobile home parks, emphasizing undermanagement, rent increases, and patient investment perspective.
(0:23:58) - Diversifying Investment Strategies and Asset Classes Transition from active to passive real estate investing, networking, diversification, trust with partners, and work-life balance.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Feb 09, 2024
Friday Feb 09, 2024
EPISODE SUMMARY:
Join me, Dr. Jason Ballara, on the Know Your Why Podcast, where I engage in a heartfelt conversation with Jake Burhans, a former athlete turned real estate mogul. Listen in as Jake shares his transformative journey from the ice rinks to the competitive world of real estate investing. We dissect the critical leap from simply reading "Rich Dad Poor Dad" to actualizing its principles alongside a fellow UNH alum. Discover how Jake and his partner navigated the challenges of passive income generation and learn the trio of elements that form the backbone of any thriving partnership: clearly defined roles, shared values, and a united mission.
Shifting gears, we navigate the tactical evolution from wholesaling properties in New Hampshire to targeting the more fruitful realms of Florida and North Carolina. Jake opens up about the strategy behind this geographic pivot, shedding light on the intricacies of market conditions and the allure of multifamily investments. Through our discussion, the importance of a sturdy cash flow foundation becomes evident, as does the art of scaling a business with an eye toward a future of financial independence. Gain insights on how to strategically reduce day-to-day business involvement, paving the way for grander investment pursuits by mid-2025.
In our final chapter, we delve into the heart of real estate marketing and its impact on business growth. Jake and I explore setting Key Performance Indicators (KPIs), building a resilient team, and the art of delegation. Marketing takes center stage as we compare the hustle of outbound strategies with the nurturing nature of inbound efforts, highlighting the journey to exponential growth. Moreover, we peer into Jake's personal motivations behind his real estate ventures, transitioning from profit-centric goals to a life rich with time, impact, and the freedom to enjoy passions like driving and music.
Tune in to uncover the personal side of a real estate entrepreneur and the inspirations that fuel his quest for success.
JAKE'S BIO:
Jake Burhans is a real estate entrepreneur who owns and operates two separate companies. With QA Home Buyers he is on a mission to empower communities by providing solutions for homeowners looking to sell their properties. Additionally, with Maple Birch Properties he is an active real estate investor with holdings in the New Hampshire area. Jake graduated from the University of New Hampshire with a degree in finance and has utilized his education and expertise to excel in the industry.
GET IN TOUCH WITH JAKE :
https://www.facebook.com/groups/optimizerei/
IG: Jake_Burhans
FB: Jake Burhans
LI: linkedin.com/in/jacob-burhans
EPISODE CHAPTERS:
(0:00:00) - Real Estate Investing and Partnership Evolution Real estate entrepreneur Jake Burhans shares his journey from athlete to investor, discussing partnership, passive income, and financial freedom.
(0:10:06) - Transition to Multifamily Real Estate Strategic shift from NH to FL/NC for lucrative markets, goal of transitioning to multifamily properties, scaling business effectively.
(0:18:04) - Importance of Marketing in Real Estate KPIs, reserves, team dynamics, marketing strategies, and investment in resources drive business growth in real estate wholesaling.
(0:30:59) - Real Estate Investing and Personal Motivations Real estate investment strategies, flipping vs. custom remodels, importance of speed and convenience, hard money loans, personal motivations and passions.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Feb 07, 2024
Wednesday Feb 07, 2024
EPISODE SUMMARY:
Ever felt boxed in by traditional retirement investment options? Scott Maurer from Advanta IRA joins us to break down the barriers of conventional thinking with self-directed IRAs. His legal expertise and extensive knowledge in retirement planning illuminate the path for investors looking to expand their portfolio reach. Have you ever considered owning a piece of an English soccer club or tapping into the real estate market with your IRA? This episode peels back the layers on how to make these aspirations a reality.
Navigating the realm of IRAs can be as complex as a labyrinth, but fear not, Scott and I guide you through the nitty-gritty of traditional, Roth, SEP IRAs, and solo 401(k)s, including their unique tax implications. We don't just stop at theory; we equip you with practical steps and considerations for setting up your self-directed IRA. Real estate investments through this vehicle come under the microscope too, as we compare the tax benefits to personal real estate dealings. It's about giving you the tools and knowledge to make informed choices about where your retirement money can grow.
This isn't just a journey through financial education; it's about connecting your investments to your passions. With Scott's insights, this episode serves as your catalyst for rethinking your financial trajectory and discovering the 'why' behind your investment goals. Join us for a discussion that's sure to leave you both enlightened and inspired.
SCOTT'S BIO:
Scott Maurer is the Vice President of Sales for Advanta IRA, a nationwide self-directed IRA administrator. Scott has worked for Advanta since 2006, helping thousands of people invest in alternative assets (mainly real estate) using their IRAs and old 401ks. Scott is a frequent speaker and lecturer on the topic of self-directed IRAs and has also appeared on many real estate and investment podcasts. Scott is also an attorney and a member of The Florida Bar, although he does not give legal advice to Advanta clients.
Achievements: Over 50% growth in new business during 2023 (consistent growth also over the last 5 years)
GET IN TOUCH WITH SCOTT :
https://www.youtube.com/channel/UCEE4_cMUgKC9g9t61vjPo_A https://www.facebook.com/AdvantaIRA/
https://www.linkedin.com/in/scott-maurer-18998465/
EPISODE CHAPTERS:
(0:00:00) - Understanding Self-Directed IRAs and Investment Options Scott shares his journey from law to self-directed IRAs, discussing misconceptions and educating investors about their potential.
(0:10:33) - Traditional and Roth IRAs Nature's retirement accounts: traditional and Roth IRAs, SEP IRAs for small business owners, and setting up self-directed IRAs with designated beneficiaries.
(0:15:06) - Transferring Funds and Tax Considerations Transferring funds into a self-directed IRA, investment process, tax implications of real estate in retirement accounts.
(0:26:42) - Self Directed IRAs and Retirement Investments Retirement funds can be invested in real estate through self-directed IRAs, providing more control and potential for raising capital.
(0:36:02) - Self-Directed IRAs and English Soccer Self-directed retirement accounts offer control over investments, while English soccer and cultural experiences enhance our connection to sports.
(0:45:10) - Understanding Your Why Real estate investing, entrepreneurship, and personal development are discussed with expert Scott on the Know Your Why podcast.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Feb 02, 2024
Friday Feb 02, 2024
EPISODE SUMMARY:
Join us for a captivating conversation with Bethany Finch, the trailblazing founder of American Made Home Solutions, as she unfolds her 27-year odyssey through entrepreneurship and real estate. From her tenacious beginnings as a foster kid to a dynamic business mogul, Bethany's story is a masterclass in aligning career with lifestyle. She unpacks her intricate strategies for real estate investment and illustrates her profound commitment to creating meaningful community impact. Bethany's infectious enthusiasm for her work and incisive understanding of market trends is sure to inspire any listener with an interest in cultivating both financial success and societal contribution through real estate. We explore how Bethany's personal journey towards financial and lifestyle freedom has shaped her business philosophy.
Her pursuit of niche markets, particularly workforce housing, underscores her desire to build sustainable growth and create a legacy of empowerment. Listeners will also get a glimpse into Bethany's unique RV living lifestyle and her mission to bring families closer to financial literacy and spiritual fulfillment. For those seeking guidance in the real estate realm or simply looking for insight into a purpose-driven career path, Bethany's experiences offer a guiding light. Get ready to be motivated by her story and her commitment to paving the way for financial empowerment and sustainable community growth.
BETHANY'S BIO:
Bethany Finch, the Remote RV Investor and founder of American Made Home Solutions. Bethany has over 27 years founding and running 4 separate companies; a credit hacking business, an executive rental business, a single family residential renovation business, and a multifamily syndication business. Her and her husband, Kurt Finch, have worked their way all their way up from a groundskeeper to owner of multifamily, at one time Kurt had over 5,000 doors all under full renovations across 20 different properties under management. Kurt & Bethany are working to utilize their God given gifts to further Christ's kingdom while utilizing their many properties in many different markets. Bethany spent many of her years also teaching both K-12 students and adults in a variety of subjects such as higher level maths and sciences. She loves to see the “lightbulb” go off for people to be able to see the door opened to opportunities they never knew were available. You can find Bethany & Kurt travelling the USA with their RV security, Blue dog.
GET IN TOUCH WITH BETHANY :
LinkedIn: https://www.linkedin.com/in/bethany-finch-amhs/
Facebook: https://www.facebook.com/AmericanMadeHomeSolutions
LinkedIn: https://www.linkedin.com/company/american-made-home-solutions
Instagram: https://www.instagram.com/americanmadehomesolutions/
YouTube: https://www.youtube.com/c/AmericanMadeHomeSolutions
EPISODE CHAPTERS:
(0:00:00) - Finding Your Niche in Real Estate Entrepreneur Bethany Finch's journey from foster kid to multifaceted business owner in workforce housing and market cycles.
(0:04:59) - Real Estate Strategy and Community Impact Nature's strategic real estate investments in Washington and southern states, with focus on executive rentals, flips, and community impact.
(0:09:00) - Workforce Housing and Build to Rent Workforce housing is distinct from affordable housing, with a focus on build to rent strategies and strategic location selection for community benefits.
(0:15:34) - Renting and Built-to-Rent Strategy Benefits COVID-19 has shifted housing preferences towards single-family homes with amenities, and younger generations are investing in rental properties for future homeownership.
(0:22:00) - Building Sustainable Businesses for Financial Freedom Transitioning to real estate for financial and lifestyle freedom, identifying a niche, and creating sustainable growth for personal time and community needs.
(0:30:02) - Creating Sustainable Growth Through Financial Empowerment Bethany's "why" is creating sustainable growth through financial literacy and she shares her RV lifestyle and real estate advice on her blog.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Jan 31, 2024
Wednesday Jan 31, 2024
EPISODE SUMMARY:
Have you ever envisioned trading a traditional 9-to-5 for the dynamic world of real estate investment? This episode welcomes Zach Winner, an ex-lawyer who now navigates the bustling terrain of multifamily apartments, sharing his transformative journey and why he's betting big on this particular niche. Together, we dissect the allure of multifamily properties, from the striking potential for value enhancement to the intricacies of cash-flow optimization. Zach's candid tales from the trenches, including the arduous management of a hotel, underscore the critical importance of hands-on property oversight and the perseverance required to thrive amidst the market's ebb and flow.
The episode doesn't just circle around the financial mechanics; it's a heartfelt reflection on the personal gratification gleaned from surpassing investment benchmarks and the intellectual stimulation of a well-nourished mind. I divulge the personal enrichment that comes from my voracious reading habit, spanning a wealth of genres that sharpen my insights both professionally and personally. For listeners aiming to connect further or step into the vibrant world of real estate investing, there's a trove of wisdom and encouragement waiting right here. So tune in, and let's embark on a journey that transcends mere numbers and charts—it's about crafting a life filled with purpose and success, one property at a time.
ZACH'S BIO:
Zach is a founding partner and the CEO of Prosperity CRE, a private equity firm specializing in providing passive investment opportunities in multifamily apartment complexes.
Mr. Winner focuses on overseeing the real estate investment portfolios and advising and assisting clients who choose to invest with Prosperity CRE.
Mr. Winner has successfully owned and operated a residential real estate company, mortgage brokerage company, and escrow company, with offices in Northern and Southern California, assisting clients in the purchase, finance and sale of properties throughout the United States.
Mr. Winner also has extensive legal, public affairs and ballot measure campaign management experience, including representing clients in a wide variety of commercial real estate and land use transactions.
Mr. Winner is a licensed attorney and member of the California Bar Association. He is a graduate of the University of Southern California, and the McGeorge School of Law at the University of the Pacific.
GET IN TOUCH WITH ZACH :
https://www.linkedin.com/in/zachwinner/
https://twitter.com/ZachWinnerCRE
EPISODE CHAPTERS:
(0:00:00) - Real Estate Investing in Multifamily Apartments Jason Ballara and Zach Winner discuss the transition from law to real estate, focusing on multifamily investments and the importance of hands-on management for profitability.
(0:11:38) - Markets, Investors, and Interest Rates Exploring key metrics for strong multifamily markets in the Midwest and Southeast, and the synergy between legal and lending expertise in investor relations.
(0:15:49) - Real Estate Investing and Interest Rates Nature's impact on real estate investing with fluctuating interest rates, challenges of bridge and adjustable rate debt, and lessons from market volatility.
(0:23:54) - Real Estate Investing and Book Recommendations Exceeding investment projections in real estate, finding joy in improving properties, and maintaining a healthy mind and body through reading.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Jan 26, 2024
Friday Jan 26, 2024
EPISODE SUMMARY:
Embark on a transformative journey with us as we sit down with real estate dynamo Lindsay Sharma, who reveals how she traded her graphic design roots for a thriving career in property investment. This episode promises a glance into Lindsay's inspiring transition, as her tale unfolds from the 2008 financial crisis to the founding of her own property buying company. With a focus on the value of mentorship and hands-on learning, Lindsay's experiences shed light on the creative strategies essential for anyone looking to carve their own path in the unpredictable real estate market.
Gain a wealth of knowledge about building a robust real estate portfolio as we traverse the rocky terrain that comes with starting from scratch. Lindsay shares the insights she gained while working under the wing of a seasoned investor, the crucial first steps into private lending, and the resilience needed to manage personal properties.
The conversation offers a road map of persistence, adaptability, and the importance of aligning investment strategies with personal goals, proving that financial independence through real estate isn't just a dream, but an attainable reality. Wrap up with us as we delve into the financial nuances of the trade, discussing everything from tax benefits to diversifying your investment portfolio.
I peel back the curtain on my own real estate investments and aspirations, particularly my fascination with mobile home parks and their contribution to my financial freedom vision. Moreover, we touch on the delicate art of balancing professional growth with family life, concluding our dialogue with a powerful mix of heartfelt stories and strategic advice, all aimed at empowering your own real estate investment journey.
LINDSAY'S BIO:
Lindsay Sharma, a dedicated real estate investor based in Little Rock, Arkansas, passionately ensures quality housing with a strong ROI and donates 5% of profits to support Women and Children First. Launching a specialized wholesaling course for busy women, Lindsay's journey began in 2020 and evolved into founding Lindsay Sharma Property Buyers in 2023, focusing on wholesaling and selling owner-financed properties in Central Arkansas. Seeking private lenders for portfolio growth, Lindsay anticipates her first mobile home park investment in 2024. As a busy mom, her goal is to simplify real estate concepts through storytelling and empower women in the industry, embodying a 'why' rooted in growth, inclusivity, and success in real estate investment.
GET IN TOUCH WITH LINDSAY :
www.LindsaySharmaProperties.com
www.instagram.com/lindsayjsharma
www.facebook.com/lindsay.sharma.5036
www.linkedin.com/in/lindsay-sharma-8b75aa19
EPISODE CHAPTERS:
(0:00:00) - Switching Careers to Real Estate Real estate investor Lindsay Sharma shares her journey from graphic design to entrepreneurship, emphasizing the value of hands-on learning and mentorship.
(0:11:41) - Building a Real Estate Portfolio Nature's journey of an aspiring real estate investor, starting with private lending and adapting strategies to achieve financial freedom.
(0:17:52) - Real Estate Investor's Financial Freedom A small business owner achieved financial freedom through real estate investment, using a hands-off owner finance model and loan servicing company for passive income.
(0:21:57) - Tax Benefits and Portfolio Diversification Understanding market dynamics, landlord-tenant laws, and proper documentation for private lending in a growing investment portfolio.
(0:27:16) - Investing in Mobile Home Parks Real estate investing offers various strategies for growth, with a focus on Central Arkansas and the importance of financial freedom and gender diversity.
(0:42:28) - Exploring the Why Behind Success Thanking guest Lindsay for sharing her story on balancing parenthood and professional pursuits, highlighting chaos and fulfillment.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Jan 24, 2024
Wednesday Jan 24, 2024
EPISODE SUMMARY:
From the barracks to big bucks in barren lands, Brent Bowers, a former Army officer and now a virtuoso of vacant lots, joins me to share his riveting pivot to prosperity through land investing. On this episode of the Know Your Why Podcast, we delve into Brent's strategic maneuvers that have not only amassed over 300 real estate deals but also secured a life rich with family time and personal fulfillment. His narrative isn't just about acquiring and flipping unloved land—it's an inspiring tale that intertwines career, values, and the enlightening realization that sometimes, in a world where everyone's bustling, the best move is a clever zag away from the crowd. Picture this: holidays roll around, and while some rental property owners brace for inevitable issues, my guest Brent sits back, reaping the rewards of his low-maintenance land investments.
Brent uncovers the art of the land flip, starting with plots picked up for mere pennies on the dollar, and catapulting those into five-figure sums. We also touch on the nuts and bolts of his methodology, from employing seller financing to generating a passive income stream that's as steady as it is impressive. This episode is brimming with Brent's golden nuggets of wisdom for those eager to unearth the potent potential of land investing and possibly becoming the lender in their own game of Monopoly. In a candid wrap-up, Brent and I explore the monumental impact that financial freedom can have on one's life and on the lives of those around us.
Our conversation is more than just a masterclass in real estate—it's a reflection on the profound 'why' that drives us to success. As Brent shares his coaching experiences and strategies, from sourcing deals to pre-selling plots, it's clear that his mission extends beyond personal gain. It's about empowering others to harness the power of real estate, to create a legacy of independence, and to support communities while living a life abundant with purpose and generosity. Join us for this heartening episode that's as much about financial finesse as it is about charting a course for a meaningful and rich life.
BRENT'S BIO:
Brent Bowers, owner of The Land Sharks and is an investor and coach with a focus on buying and selling vacant land. As an Army Officer with over 8 years of service, Brent Bowers was spending a great deal of time away from his family, and he knew he needed to make some changes in order to be more present with his wife and children. His interest in real estate began in 2007 when he purchased his first home. While Brent invests in many different types of real estate, his favourite investment strategy deals with buying and selling vacant land, and he enjoys sharing his expertise in this area with his coaching clients and is passionate about helping other people find success in real estate investing, particularly in land investments.
GET IN TOUCH WITH BRENT :
https://www.thelandsharks.com/
https://www.instagram.com/brentlbowers/
https://web.facebook.com/brentlbowers1
https://www.linkedin.com/in/brent1/
EPISODE CHAPTERS:
(0:00:00) - Land Investing Army officer turned real estate investor shares insights on flipping unwanted land for profit and creating passive income through seller financing.
(0:03:58) - Land Investing Nature's land investing with a seasoned investor, generating passive income and scaling from modest to expensive deals.
(0:15:14) - Land Investment Strategies and Coaching Opportunities Innovative land investment strategies, showcasing properties through mulching and drone photography, and the importance of good marketing.
(0:19:08) - Real Estate Coaching and Financial Freedom A successful land investor shares their roadmap to building a thriving real estate business, emphasizing collaboration and the impact of financial freedom.
(0:30:34) - Uncovering the Why Behind Success Real estate investment and coaching strategies for success, connecting with the right people and resources, and understanding motivations.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Friday Jan 19, 2024
Friday Jan 19, 2024
EPISODE SUMMARY:
Find the secrets to a more balanced life with Michael Leland, an inspiring nurse anesthesiologist who found his true calling away from academia and in the arms of rural practice and real estate entrepreneurship. In this heartfelt episode, we journey alongside Michael as he shares the pivotal reasons behind his career transformation—a quest for work-life harmony, family time, and personal fulfillment. His story is a beacon of courage for anyone standing at the crossroads of their professional life, inviting you to consider what it truly means to live in alignment with your purpose.
Prepare to be empowered as I reveal the genesis of a unique real estate education platform tailored for those in the medical profession. With the pressures of high-stakes careers weighing upon us, I spotlight the significance of financial literacy and the freedom that comes from mastering passive investment strategies. We delve into the creation of this resource-rich hub, connecting learners with seasoned experts and fostering a culture of proactive financial stewardship, no matter how busy one's schedule may be. As we traverse the landscape of personal growth, Michael Leland reflects on the transformative effects of parenthood on both his life and career trajectory.
We discuss the value of reassessing priorities in light of newfound responsibilities and the strategic importance of cultivating multiple streams of income for enhanced security. Not forgetting the lighter side of life, Michael opens up about his passion for woodworking, proving that fulfillment often lies in the embrace of new challenges and creative outlets. Join us for a conversation that intertwines professional insights with the personal stories that shape our journeys.
MICHAEL'S BIO:
Meet Michael Leland, a nurse anesthesiologist who took a courageous step two years ago, leaving behind a secure W-2 job in academic clinical settings to embark on a journey of independent practice in rural East Texas. For the past two years, he has been serving as a solo provider, offering anesthesia services. During this time, Michael has also been actively involved in real estate deals, gaining valuable experience in transactional funding and private money lending, all while preparing to work one week a month in anesthesia. Michael's journey includes joining Dr. Benjamin Hardy's Platinum-level mastermind for personal development, showcasing a commitment to growth. The pivotal moment came when he realized he could serve fellow CRNAs and advanced practice providers by empowering them to step into real estate investing through education and vetted opportunities.
Today, Michael is in the process of building a community that equips professionals with confidence and reduces the risks associated with real estate investment. Stay tuned for the launch of this exciting platform at the end of the year or the beginning of the next.
GET IN TOUCH WITH MICHAEL :
https://prairiesage.fund/reirx
https://www.instagram.com/manesthetist/
https://www.facebook.com/manesthetist/
https://www.linkedin.com/in/michael-leland-crna/
EPISODE CHAPTERS:
(0:00:00) - Academic Job to Real Estate Entrepreneur Michael Leland shares his journey from academia to independent practice, finding work-life balance and pursuing real estate investing.
(0:12:36) - Real Estate Education Platform Creation Creating an education platform for medical professionals to learn about passive real estate investing, with diverse perspectives and expert analysis.
(0:21:57) - Exploring Real Estate and Parenthood Parenthood's impact on personal and professional choices, reassessing life path, creating options through multiple income streams, and finding creative outlets.
(0:31:14) - Perfectionism Struggles in Medicine and Business The mindset shift from perfection in medicine to accepting failure in entrepreneurship, with support from a community.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/
Wednesday Jan 17, 2024
Wednesday Jan 17, 2024
EPISODE SUMMARY:
Join Dr. Jason Ballara and Rachel McFarlane, our investor relations guru, on a special live event episode, where they join forces to demystify the complex world of real estate syndication. They don't just skim the surface; they drill down into the pivotal roles of general and limited partners and unveil the legal scaffolding that underpins these investments. If you're ready to scale the heights of multifamily real estate or simply looking to understand what sets it apart from personal property management, this episode holds the blueprint to your ambitions.
Navigating the rapids of residential versus commercial multifamily lending, we cast a line into the murky waters of financing. While discussing how a few units can shift a property's classification, we float the benefits of owner-occupied loans and weigh anchor on the financial resilience of real estate. Whether you're considering dipping your toes into larger multifamily properties or just want to anchor down your knowledge of interest rates and self-directed IRAs, our candid conversation sets sail to chart these territories for you.
Steering through the regulatory currents, we reflect on the buoyancy of real estate investments amidst market fluctuations and explore the harbors of opportunity zones. With a keen eye on the lighthouse of SEC compliance, we guide you through the legal landscape of Regulation A offerings and the intricacies of 506B and 506C exemptions. While at the helm, Dr. Ballara also signals a course towards the newly unveiled LarkCapital.com and the rich repository of resources it offers to navigate your investment journey.
Join us, as we share the collective 'why' that propels us and our esteemed guests forward in the dynamic seas of real estate investing.
Special Mention to Song Saney, executive assistant of Dr.Jason Ballara.
EPISODE CHAPTERS:
(0:00:00) - Understanding Syndication in Real Estate Investing Real estate syndication structure, roles of active and passive partners, accessibility of commercial properties, and dispelling misconceptions for investors.
(0:10:35) - Residential vs Commercial Multifamily Lending Multifamily real estate includes properties with 5+ units, with different financing options and benefits for larger properties.
(0:26:00) - Real Estate Investments & SEC Regulations Real estate resilience, interest rates, self-directed IRAs, opportunity zones, SEC regulations, Private Placement Memorandum, and government incentives.
(0:37:59) - Real Estate Investing Regulations and Interactions Regulation A offerings, 506B and 506C exemptions, accredited investor qualifications, marketing restrictions, and real estate accessibility.
(0:53:36) - Updated Website and Podcast With Dr. Ballara Revamped LarkCapital.com offers blog, podcast, deal room, social media connections, and inspiring interviews on Know Your Why podcast.
If you want to know more about Dr. Jason Balara and the Know your Why Podcast: https://linktr.ee/jasonbalara
Audio Track: Back To The Wood by Audionautix is licensed under a Creative Commons Attribution 4.0 license. https://creativecommons.org/licenses/by/4.0/
Artist: http://audionautix.com/