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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 Sep 29, 2023
Friday Sep 29, 2023
EPISODE SUMMARY:
What if you could turn adversity into an opportunity to make a difference? Join us as we sit down with renowned Mental Health Comedian and Suicide Prevention Speaker, Frank King. He shares his inspiring journey of finding purpose after a life-altering Chapter 7 bankruptcy. From making his teacher laugh in fourth grade, to hitting the road for 2,629 nights in a row with his wife, to using comedy as a tool for suicide prevention, Frank's story is a testament to resilience.
We also explore the particular pressures faced by veterinarians and dentists, focusing on the physical and mental strain these professions can induce. Frank gives insight into the unique challenges faced by women in these fields and the importance of pet insurance in alleviating financial burdens. Moreover, we delve into the vital signs of depression, offering guidance on how to support someone who is struggling and how to initiate a conversation around suicide.
Lastly, we tackle the pervasive issue of cyberbullying and the effects of digital media on mental health, particularly amongst youth. Sharing personal experiences, Frank highlights the potency of anonymity in fostering a hostile online environment. Additionally, we chat with a bodybuilding enthusiast about the importance of a hobby separate from work and its mental health benefits. To wrap up, Dr. Jason Ballara joins us to emphasize the significance of defining your 'why' and living life on your own terms, showcasing inspiring stories from real estate investors and mindset specialists. Tune in for an enlightening, inspiring, and empowering conversation.
FRANK'S BIO:
Frank King is an exceptional Suicide Prevention Speaker and Trainer who brings a unique blend of talents to your event. With a remarkable track record as a 7-times TEDx Talker on Mental Health, he combines his expertise with a background in clean, clever stand-up comedy. However, what sets Frank apart is his personal journey as a warrior in a lifelong battle with depression and thoughts of suicide. This firsthand experience adds depth and authenticity to his presentations, making them not only content-packed but also eminently listenable.
GET IN TOUCH WITH FRANK:
http://www.MentalHealthComedian.com
http://www.GetPaid4Speaking.com
http://www.facebook.com/thementalhealthcomedian
http://www.instagram.com/mentalhealthcomedian
http://www.twitter.com/theMHcomedian
https://www.youtube.com/thementalhealthcomedian
https://www.linkedin.com/in/frankkingthemhcomedian
EPISODE CHAPTERS:
(0:00:00) - Suicide Prevention and Finding Your Why Frank King shares his story of finding his why after bankruptcy, discussing suicide prevention, and his early days of comedy.
(0:03:35) - Journey From Comedy to Suicide Prevention A comedian found courage to pursue dreams, use comedy to prevent suicide, and break Bill Gates' record for most TEDx talks on mental health.
(0:11:24) - Veterinary Medicine Veterinarians and dentists face financial, physical and mental strain, with female practitioners taking on additional duties; pet insurance can help ease the burden.
(0:20:42) - Understanding and Responding to Depression We discuss support for depression, starting conversations around suicide, and providing help for those at risk.
(0:29:09) - Suicide, Mental Health, and Cyberbullying Suicide, helping young people in crisis, pandemic statistics, and professional school competition are discussed.
(0:39:10) - Cyberbullying and Digital Media Impact We discuss cyberbullying's effects, problem solving for children, dangers of social media, power of anonymity, and personal experiences.
(0:52:05) - Mental Health Advocacy & Bodybuilding Power Guest discusses self care plan, bodybuilding benefits, funny first date story, and competing in bodybuilding contest.
(1:03:26) - The Importance of Knowing Your Why Discover the power of having a "why" to reach goals, with inspiring stories of real estate investors and mindset specialists.
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 Sep 27, 2023
Wednesday Sep 27, 2023
EPISODE SUMMARY:
Curious about how to turn a 700 square foot mobile home into a modern, spacious 2000 square foot abode? Tune in to this fascinating episode as we chat with Franco Perez, a trailblazer in affordable housing. Raised in an immigrant family from the Philippines, Franco was compelled, at a young age, to drop out of school and work two jobs to support his family. This sparked a burning passion in him to provide a solution for middle-class families who struggle to afford real estate in the current market.
You'll be riveted as Franco unveils his unique approach to transforming old mobile homes into stylish, modern houses. Facing skepticism initially, Franco's innovative business model is now wowing park owners and residents alike, who are keen on upgrading their old units. But his story goes beyond simply creating affordable housing. Franco's journey reveals essential insights into wealth building, financial freedom, and the importance of understanding one's net worth.
Get ready to be inspired by Franco's determination to bring about change in the world, one mobile home at a time. We also delve into his passion for videography and how it's become a key marketing tool for his projects. His inspiring journey, from struggle to success and his drive to give back to his community, is a story that's sure to motivate you. So, hit play and be a part of Franco Perez's revolutionary mission to create affordable housing.
FRANCO’S BIO:
Having grown up in a family with an unstable housing situation, Franco is on a mission to create affordable housing in Silicon Valley. He discovered that the Bay Area’s mobile home parks offer an abundance of underused land with great growth potential. After years of dedication to his vision, Franco has established a devoted team of like-minded individuals who believe that their positive impact equals success. Inspired to reimagine mobile homes and expand affordable housing opportunities across the Bay Area, Franco's talented team strives to unlock the pathway to homeownership and help families establish financial security where it might otherwise seem impossible especially in this time of pandemic.
Beyond his drive to develop cost-effective housing, Franco also enjoys videography, showcasing some of his favourite local restaurants and local small businesses, and promoting San Jose’s unique culture to the world.
GET IN TOUCH WITH FRANCO:
https://www.facebook.com/francoperezhomes
https://www.instagram.com/francosiliconvalley/
https://www.linkedin.com/in/francotv/
EPISODE CHAPTERS:
(0:00:00) - Creating Affordable Housing in Silicon Valley Franco Perez converted old mobile homes into modern, affordable housing to help middle-class families in Silicon Valley.
(0:12:57) - Create Impact and Take Action, Real Estate Franco Perez studied wealth building and net worth to create affordable housing for families in Silicon Valley.
(0:23:27) - Understanding the Potential of Mobile Homes Cost of housing in Silicon Valley, mobile home transformation, amenities, stigma, fostering community discussed.
(0:39:42) - Advice for Starting a Successful Business Franco Perez's passion for videography is discussed, emphasizing resourcefulness and passion for projects, with completed housing projects available online.
(0:43:59) - Discovering Your Why Franco Perez shares his journey to build affordable housing in Silicon Valley, his family's financial struggles, and how videography has been a powerful tool.
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.co
Friday Sep 22, 2023
Friday Sep 22, 2023
EPISODE SUMMARY:
Ever wondered how you can create long-term wealth through real estate investing? Strap in as we talk strategy and opportunities with army special operations veteran turned real estate investor, Eric Upchurch. Eric will blow your mind as he reveals the twists and turns of his journey, from his humble Midwest roots to multifamily units, storage, mobile home parks, and student housing.
Hang tight as he spills the beans on his investment tactics from purchasing a fourplex with a VA loan to house hacking. Eric offers a no-holds-barred look into his journey as a limited partner and explains how his experience, including investing in a fourplex in Bakersfield in 2008, shaped his real estate approach. Eric underscores the importance of education and understanding the resources available to you.
But prepare yourselves, because this conversation isn't just about real estate investing. We wrap up with Eric opening up about his mission and purpose, urging listeners to discover their own passions and find happiness in giving back. He hammers home the importance of taking action, learning, networking, and adding value to others. So get ready for a conversation that's not just about real estate, but about unlocking your potential and finding your "why". Your journey to success starts now with Eric Upchurch.
ERIC'S BIO:
Eric Upchurch is an Army Special Operations veteran who has a passion for educating the military community on how to create long term wealth through real estate investing. He has invested in thousands of multifamily, storage, mobile home park and student housing units as a General Partner over the last decade with involvement in sourcing, capital raise, risk capital, asset management, investor relations and as Key Principal. While serving our nation, Eric completed 5 combat deployments, and earned a Master’s Degree in Aeronautical Science while managing a 27-man squad, deployed around the globe.
Eric now serves as Co-Founder of Active Duty Passive Income (ADPI) and is a Senior Advisor with ADPI Capital.
Eric resides in California with his wife of 18 years and two boys.
GET IN TOUCH WITH ERIC:
www.activedutypassiveincome.com
EPISODE CHAPTERS:
(0:00:01) - Building Wealth Through Real Estate Investing Eric shares his story of investing in real estate, educating the military community on wealth creation, and his journey to discovering his passion.
(0:12:48) - Real Estate Investment Strategies and Scaling Eric shares his journey of investing in a fourplex and house hacking, educating himself on resources and investing passively.
(0:17:55) - Real Estate Investing Mindset and Opportunities Eric Upchurch shares his journey of discovering real estate investing, emphasizing the importance of mindset and action, and the potential rewards of taking risks.
(0:24:16) - Networks and Action in Real Estate Eric Upchurch purchased a fourplex with a VA loan, connecting people to build a 72-bed student housing deal, and demonstrating the power of taking action in the multifamily industry.
(0:38:09) - Finding Purpose and Giving Back Eric Upchurch, a veteran and real estate investor, shares his journey of discovering his mission and encourages listeners to explore their passions and volunteer.
(0:45:08) - The Importance of Taking Action Eric shares his story of investing in real estate, emphasizing learning, networking, adding value, and taking action.
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 Sep 20, 2023
Wednesday Sep 20, 2023
EPISODE SUMMARY:
Sometimes life throws us into a crossroads where we must decide between staying comfortable or taking a leap towards the extraordinary. That’s exactly what happened to our guests, Powell Chee and Won Yang—two inspiring individuals who found themselves juggling corporate jobs and growing real estate investments. Their life-altering decision led them on a remarkable journey from running a clothing business to leading a thriving real estate partnership.
Their stories remind us that life and business are constantly evolving. Among other fascinating topics, they share their decision to transition from multifamily properties to self-storage investments in 2020, viewing themselves as deal hunters rather than just a self-storage group. Amidst the pandemic, they adapted, looking for the best deals and embracing new technologies. They also dive into their various exit strategies for their self-storage properties and how they aim to exceed their investors' expectations by over-delivering.
But their journey is not just about financial success—it’s about living an extraordinary life. They envision a future that brings financial, time, and space freedom, and being a source of blessing and providing opportunities for their families. They’ve learned that knowing your 'why' is vital in shaping your journey. So, whether you’re a seasoned investor or just starting out, this episode is a compelling exploration of ambition, adaptability, and finding your purpose in the world of real estate. Join us as Powell Chee and Won Yang unravel their inspiring real estate journey and the value of having a clear 'why'.
POWELL CHEE AND WON YANG'S BIO:
Powell Chee: Lives in SoCal Coached Football for 18 years: 6 years at college level Corporate Sales background, retired July '22 RE Investor: SFR, MF, Self Storage Loves beach volleyball Achievement: started a fire with 2 sticks. Took 4.5 hours.
Won Yang: Born in South Korea Grew up in Argentina Served in US Army Formerly business owner in fashion industry REI investor: SF, MF, Self Storage
GET IN TOUCH WITH THE GUESTS!
https://www.youtube.com/@powellchee
instagram.com/powell.chee/
EPISODE CHAPTERS:
(0:00:00) - Real Estate Investing and Partnership Journey Paol and Juan share their real estate journeys, making the decision to invest instead of a corporate job, owning multi-family and self-storage properties, and Juan's retirement.
(0:11:51) - Clothing Business to Real Estate Transition Paol Chi and Juan Yang found financial freedom through real estate investments, networking and partnerships.
(0:23:08) - Transition to Self-Storage and Unmanned Operations Paol Chi and Juan Yang transitioned to self-storage investments in 2020, considering location, team, returns, business plan, asset class, and COVID-19 impacts.
(0:31:36) - Commercial Real Estate Exit Strategies Paol Chi and Juan Yang plan to build a brand, consider portfolio sales, refinance, and hold long-term to exceed investor expectations.
(0:37:04) - Pursuing an Extraordinary Life and Success Paol and Juan plan for an extraordinary life with freedom, blessing and opportunities for their families.
(0:46:58) - Knowing Your Why Paol Chi and Juan Yang share their "why" and multifamily to self-storage transition, exit strategies, and future plans.
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 Sep 15, 2023
Friday Sep 15, 2023
EPISODE SUMMARY:
What if a simple conversation could change your life? That's exactly what happened to our guest, Ray Woods, who shares his inspiring journey from the corporate world to a successful venture in real estate investing, all sparked by a chance encounter with a stranger. Join us as Ray details his transition, underlining the essence of financial literacy and the strength that lies in discussing aspirations with others.
Imagine having to balance the challenges of real estate investing with the need for financial stability. Ray emphasizes the often-overlooked benefits of a regular W2 job and how patience, not a get-rich-quick mindset, paved the path to his real estate success. He also shares his Airbnb experiences, demonstrating how he used the platform to free himself from debt and generate capital. Do you have the resilience to keep going even when times get tough?
Finally, Ray offers invaluable advice for budding real estate investors, highlighting not just the importance of a solid financial base and a concrete plan, but also the indispensable role of hard work and determination. We delve into the significance of collaboration in the industry and the power of a clear purpose. Discover how Ray found his 'Why', and how this has been instrumental to his success. Tune in to this episode that's packed with motivation, financial wisdom, and practical advice that can help steer your own journey towards real estate triumph.
RAY'S BIO:
Ray Woods, originally from Mississippi and now a resident of Georgia since 2016, had a transformative 2020:
- He achieved six figures in his real estate career, showcasing his dedication and success.
- Ray also made significant improvements to his mother's health, demonstrating his strong family values.
- His adventurous spirit led him to fulfill a dream of traveling to a European country, embracing new experiences and cultures.
GET IN TOUCH WITH RAY:
www.instagram.com/realestatewithrayy/
www.facebook.com/officialraywoods
www.linkedin.com/in/williamraymondwoods/
EPISODE CHAPTERS:
(0:00:00) - Real Estate Journey and Financial Education Ray Woods shares his journey of transitioning from corporate America to real estate, discussing goals, aspirations, money, and budgeting.
(0:14:00) - Real Estate Challenges and Finding Balance Ray Woods shares his journey in real estate, emphasizing the value of a W2 job and the patience needed for success, and his experience with Airbnb to pay off debt.
(0:26:13) - Real Estate Investing and Finding Role Partnering with people to build a portfolio, collaboration in real estate, roles and people involved, finding the right partners, and working together are essential for large real estate investments.
(0:36:33) - Getting Started in Real Estate Advice Ray Woods advises on financial stability, capital and skills acquisition, and leveraging time to succeed.
(0:41:17) - Discovering Your Why Ray shares his journey into real estate, emphasizing financial stability, time management, partnering, and a determined mindset.
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 Sep 13, 2023
Wednesday Sep 13, 2023
EPISODE SUMMARY:
Have you ever wondered how the principles of medicine can cross-apply to the real estate world? Dr. Sanjay Sharma, a seasoned real estate investor and full-time hematologist oncologist, joins us to share his fascinating journey and insights. From his intense medical training in the hustle and bustle of New York City to his fruitful medical practice in tranquil Orange County, Dr. Sharma explores the parallels between these two disparate yet interconnected worlds.
Our conversation takes a deep dive into the exciting realm of real estate syndication. Even if you have a small budget or are new to this field, Dr. Sharma sheds light on how syndication can be your path to participate in the real estate market. He emphasizes the importance of having a trustworthy sponsor and a multi-disciplinary team, underscoring the critical role of trust in successful investing. But what fuels Dr. Sharma's commitment to both his medical profession and real estate investing?
We wrap up our discussion exploring the evolution of his 'why', influenced by his grandfather, who fought for freedom alongside Mahatma Gandhi. His profound advice for budding real estate investors is as inspiring as it is practical: take action and learn from your mistakes. This episode is a treasure trove of inspiration and knowledge for both newcomers and seasoned investors. Tune in!
DR. SANJAY'S BIO:
Dr. Sanjay Sharma, a real estate professional and visionary investor making waves in the LA and Southeast multifamily market. With a proven track record as an investor, capital raiser, and syndicator, he has brought remarkable returns to physician and high net worth executive investors, paving their path towards financial, geographical, temporal, vital, and mindset freedoms. But there's more to Dr. Sharma than meets the eye. As a practicing physician specializing in hematology and oncology, he possesses a unique perspective, borne out of firsthand experience in understanding the needs of fellow doctors.
Before his medical journey, Dr. Sharma honed his skills as an epidemiologist, focusing on public health and safety. After completing medical school at the prestigious Medical College of Virginia in 1999, he embarked on a remarkable path. He pursued an internal medicine program at Washington University in St. Louis, which ultimately led to a fellowship in hematology and oncology at Mount Sinai in NYC.
Along the way, he found the love of his life and settled in Southern California, where they are raising their two amazing children. Driven by a passion for education, Dr. Sharma founded an oncology medical education company, sharing cutting-edge treatment opportunities with countless oncologists. Additionally, he is a sought-after national public speaker, captivating audiences with his expertise and captivating presence. Dr. Sanjay Sharma—trailblazer in real estate, physician, and educator—continues to make a profound impact, empowering investors and transforming lives along the way. Prepare to be inspired by his exceptional journey and unwavering dedication to his profession.
GET IN TOUCH WITH DR.SANJAY:
Linkedin: Sanjay Sharma MD
Instagram: @hemeonclive
Tiktok: @hemeonclive
EPISODE CHAPTERS:
(0:00:00) - Commitment and Investments in Real Estate Dr Sanjay Sharma discussed the dedication and rigor of becoming a medical specialist, the importance of knowing one's why, and physician moral injury and burnout.
(0:12:56) - Doctor Investing in Real Estate Syndications Syndication enables investors to align money with goals, while multi-disciplinary teams and trust are essential for successful investing.
(0:27:34) - Personal Growth and Evolving Why Dr. Sharma discussed the importance of a strong 'why', personal growth, and shared a personal insight.
(0:33:12) - Real Estate Inspiration and Advice Dr. Sanjay Sharma shares advice on real estate, emphasizing action and learning from mistakes, inspired by his grandfather's legacy as a freedom fighter.
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 Sep 08, 2023
Friday Sep 08, 2023
EPISODE SUMMARY:
This episode is brimming with the incredible journey of Will Matheson, a successful entrepreneur who, alongside his brother, transformed a deep-rooted passion for real estate into a thriving business. Join us as we explore the rise of Matheson Capital from its humble beginnings in 2017, to a business that now boasts over 100 million dollars of assets under management.
We commence with Will's tale that starts from his minimum wage broker days in Los Angeles, navigating challenges such as emergency rent control. We then fast forward to the present day, where we dissect the unique short-term investment strategy that Will and his brother employ, and how this approach has propelled their growth.
Discover how they adapt to shifts in the market by predicting the future, ensuring they stay one step ahead. The episode also uncovers the current real estate market, highlighting factors leading to decreased pricing. Emphasizing the importance of flexibility in a debt structure, we discuss whether to opt for higher interest rates or agency loans.
Finally, we conclude with Will's insights on professional property management's critical role in a property's success. Don't miss out on this engaging episode filled with valuable insights and practical advice from a seasoned entrepreneur.
WILL'S BIO:
At the end of 2017, Will Matheson and his twin brother Evan were a few months away from graduating Columbia University’s Masters in Real Estate Development program, and they were faced with a choice; go the traditional corporate route or start their own company. Despite having no track record, no ownership experience, and very little equity, they bet on themselves and opted to start their own company, Matheson Capital. By January of 2018, they had already completed their first acquisition, an $800k duplex in Los Angeles.
With limited resources, Matheson Capital focused on smaller value-add properties and short-term holds. In the five years since their first purchase, they have completed another dozen multifamily / student housing acquisitions valued at over $100 million. They have worked with high net worth investors, family offices, private equity groups, and Wall Street firms, delivering an average investor IRR of 40% on their six completed projects. Despite changes in the market, Matheson Capital is continuing to push forward with the goal of owning $1 billion of real estate by 2027. Outside of real estate, Will is learning to fly a plane, and he also serves as a board member for Lowcountry Veterans, a homeless veterans shelter located in Charleston, SC.
GET IN TOUCH WITH WILL:
https://www.linkedin.com/in/wlmatheson/
EPISODE CHAPTERS:
(0:00:00) - Capital Raising Strategies in Real Estate Will and his brother built a real estate business to over $100M, investing in LA and facing rent control challenges.
(0:11:04) - Short-Term Investment Strategy and Market Outlook Will and his brother built a successful real estate business, using strategies such as shorter hold periods and predicting the market.
(0:17:11) - Buying Real Estate in Current Market Flexible debt structure, bank/agency loans, and decreased pricing factors discussed.
(0:28:00) - Capital and Management in Real Estate Will discusses the importance of professional property management and reaching one's maximum potential.
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 Sep 06, 2023
Wednesday Sep 06, 2023
EPISODE SUMMARY:
Discover the fascinating journey of Deven Wohlwend, who started investing in Legos at the tender age of five. Deven's story takes us from his earliest lessons in investing, sparked by an unexpected suggestion from his father, through his trials and tribulations in Lego investing. His early lessons around understanding 'why' became a crucial aspect of his success and led him to become a real estate investor by the age of seven. You'll be captivated by his ingenuity and determination, proving that age is just a number when it comes to investing.
Listen in as we explore Deven's remarkable venture into real estate investing, negotiating deals with sellers and turning flippers' properties into profitable investments. This conversation highlights the significance of mentorship and solving problems for people, not just in real estate but also in life. We'll also explore how millionaires and billionaires solve bigger problems than the average person and the importance of aligning your investments with your passions and expertise.
DEVEN'S BIO:
Deven found a way to invest in what he knew when he was only 5 years old. By the time he was 7, he started a company and started purchasing real estate. Within 3 years, he had bought 20% of a 60-unit complex. At 11 years old, he published his first book: If I Can Do It, So Can You! Last year, he published his second book, The Garage, with Mark Victor Hansen. He currently runs a group for teens & young adults called Millionaires in Training.
GET IN TOOUCH WITH DEVEN:
EPISODE CHAPTERS:
(0:00:00) - Investing in Legos Deven invested in Legos, learning from mistakes and applying lessons to futures investments; importance of acting quickly emphasized.
(0:09:17) - Real Estate Investing Journey and Strategy Deven invested in real estate at seven, negotiating a great deal, highlighting mentorship and problem-solving for profit.
(0:17:51) - The Power of Real Estate Investing Deven shares strategies for financial freedom, his books, and his online group to help young people succeed in business and real estate.
(0:24:29) - Driving Towards Success Deven teaches financial education to make the world better, learned from his parents' Cash Flow game, and encourages learning and taking action.
(0:31:17) - The Importance of Knowing Your Why Deven shares his journey to financial freedom, discussing his parents' investing lessons, his first house, and his transition to teaching financial education.
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 Sep 01, 2023
Friday Sep 01, 2023
EPISODE SUMMARY : Looking for the key to unlock financial and time freedom? How about learning to grow wealth that lasts for generations? Buckle up for an enthralling conversation with the seasoned real estate investor, Eric Wohlwend, who's been in the game for over two decades, repositioning over a thousand units. Eric shares the nuts and bolts of his successful journey, the importance of knowing your 'why', and how he passes down his wealth of knowledge to the next generation.
Juggling between a successful business and a balanced family life might seem like a daunting task, but not for Eric Wohlwend! Eric's secret lies in controlling his time and using his strategies to build sustainable wealth. He gives us a sneak peek into his long-term vision of creating a wealth fund that'll survive for five generations and how his kids have been instrumental in his journey right from the day they were born. We delve into the intriguing world of wealth building using tax-free money and how his children benefit from this strategy.
Teaching investing concepts to a five-year-old using Legos might seem far-fetched, but Eric Wohlwend has done it. This episode takes a deep dive into how he nurtures the work ethic and creativity of his children, teaching them about investing and making them a part of his real estate business. Listen in as we discuss the importance of fostering the right habits in children and how discovering your 'why' can help you reach your maximum potential. You surely don't want to miss the wisdom and practical tips packed in this episode!
ERIC'S BIO :
Eric has been a full-time Real Estate Investor for over 2 decades. He has repositioned over a thousand units including single & multi-family residential properties as well as multiple types of commercial properties. He still controls hundreds of these. Eric has written multiple #1 Best-selling books including “Family Success Triangle.” Using what he teaches, both of his kids started buying real estate when they were seven years old without any money or credit from their parents.
Both of his sons have purchased enough assets to be financially free before they were old enough to drive. The family continues to invest & travel North America speaking, learning and growing together. Now they focus on teaching others to integrate their business, family & investing so they have more freedom. Their goal is for everyone to have financial, time & location freedom.
GET IN TOUCH WITH ERIC :
https://www.youtube.com/@realpowerfamily EPISODE CHAPTERS :
(0:00:01) - Real Estate Financial and Time Freedom Eric shares his story and wisdom to help others achieve success, freedom, and knowledge-sharing.
(0:13:39) - Value of Time and Wealth Building Eric has managed to balance work and family while growing a successful real estate business, taking advantage of arbitrage and creating a sustainable wealth fund for five generations.
(0:19:42) - Real Estate Investing With Kids Eric balances work and family life, invests tax-free money, and shares his son's experience buying a truck.
(0:23:58) - Real Estate Investing and Family Involvement Eric balanced work and family life as a real estate investor, teaching his children to invest and hosting weekly dinners to teach others.
(0:28:50) - Teaching Kids Real Estate and Balance Eric successfully balances work and family life as a real estate investor, teaching his children project management and timeline skills, and emphasizing the fun parts and benefits of investing.
(0:40:41) - Teaching and Inspiring Children in Business Eric balances work and family life, teaching his children the benefits of hard work and efficiency, and fostering their creativity.
(0:46:07) - Teaching Kids Financial Skills Through Legos Eric taught his five year old son investing basics, such as buying low and selling high, and the importance of partnerships.
(0:55:59) - Discovering Your Why Eric teaches his son investing basics and balances work and family life, exposing his children to real estate early on.
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 Aug 30, 2023
Wednesday Aug 30, 2023
Meet Travis Baucom, an incredible real estate investor and coach who has found an innovative niche in the self-storage sector. His journey from traditional real estate practices to this fascinating alternative is nothing short of inspiring. Travis provides a candid glimpse into how he moved away from the headaches of rental properties and began exploring the world of self-storage investments, a domain that he believes is the easiest and lowest defaulting asset class. His stories from flipping over 400 houses from 2015 to 2018 offer invaluable insights for anyone in the real estate space.
In the second segment of our talk, Travis shares his wealth of knowledge on the smooth management of self-storage facilities, a process he has brilliantly streamlined with the aid of modern technology. He delves into the advantages of the syndication model and the benefits of non-judicial eviction, both vital to mastering this side of the business. This conversation is a treasure trove of information for anyone seeking to shift from conventional real estate models to more innovative and lucrative systems.
But Travis's journey doesn't stop at real estate. He is also passionate about education, and he shares his thoughts on the importance of business and entrepreneurship in the school curriculum. His dream of starting a school based on entrepreneurship and STEM education is inspiring and reinforces the importance of knowing your “why.” So, join us in this enlightening chat with Travis Baucom as he motivates us to take decisive steps in our own real estate journeys. You'll walk away with a wealth of knowledge and a spark to ignite your own “why.”
TRAVIS BIO:
Travis Baucom is the founder and CEO of Balcomie Capital. He is the director of the overall investment strategy, asset acquisitions, and business development activities for BC. Mr. Baucom personally selects all key investment markets and asset classes in order to meet the goals of his investors. He brings to the company over 10 years of investing experience and asset development.
He started his journey in the private markets in August 2012 and has been directly involved in the acquisition or development, repositioning, disposition, asset management, and strategic planning with over $55million in AUM. Prior to Balcomie Capital, Travis was CEO of the largest privately owned distressed house buying company in the State of Texas, Texas Trust Home Buyers. Buying over 400 single family homes within a 5 year period.
He developed and implemented the company’s strategy along with directing the asset acquisition and management of those assets. Travis and his wife, Kristina, founded a private school focused on entrepreneurship, emotional awareness, and a strong emphasis on STEAM curriculum.
Travis is part of the fightin’ Texas Aggie class of ‘07, enjoys the outdoors with his 4 kids, and is a large supporter and advocate of the foster system of Texas.
GET IN TOUCH WITH TRAVIS:
https://balcomiecapital.com/founder/
EPISODE CHAPTERS:
(0:00:00) - Transition to Self-Storage Real Estate Travis Baucom shares his journey from flipping houses to investing in self-storage, discussing the benefits of the lowest defaulting asset class.
(0:09:00) - Transitioning From Rental Housing to Self-Storage Travis transitioned from owning 72 rentals to self-storage, utilizing software and automated payments, with minimal maintenance and non-judicial eviction.
(0:15:46) - Managing Self-Storage Facilities and Syndication Travis uses QR codes, fractional facilities managers, and syndication to manage self-storage investments without onsite staff.
(0:27:09) - Starting a School/Real Estate Start-Ups Travis shares his experience starting a school based on entrepreneurship and STEM education, emphasizing the importance of business and entrepreneurship education for young people.
(0:31:17) - The Importance of Knowing Your Why Travis shares his journey from owning 72 rentals to self-storage, using technology to manage investments, and starting a school based on entrepreneurship and STEM education.
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/