Average Joe Finances 382a1h

Send us a text us on Average Joe Finances as our guest  Sarah Ecklein, a private fiduciary from the Bay Area, California. Sarah shares insights into her profession, the importance of estate planning, and her journey from aspiring hospice nurse to fiduciary. She discusses the complexities of trust istration, the significance of proactive planning, and the emotional and financial impacts of failing to prepare for end-of-life situations. In this episode: Uncover how proactive estate planning can prevent family conflict and preserve your legacy. Learn why fiduciary roles go far beyond finances and often provide crucial decision-making . Discover the dangers of delaying end-of-life conversations and how they can lead to legal and emotional chaos. Explore how creating an estate plan today protects your loved ones tomorrow, emotionally and financially. And so much more! Key Moments: 00:00 Introduction and Welcome 00:55 Meet Sarah Eckle: A Private Fiduciary 01:28 Sarah's Journey to Fiduciary Work 02:58 Understanding the Role of a Fiduciary 05:50 The Importance of Estate Planning 08:02 Challenges in Fiduciary Work 10:08 Proactive Planning and Legacy Building 22:03 The Importance of Updating Your Will 23:06 The Impact of Estate Planning on Families 23:54 Communicating Your Estate Plan 26:05 Handling Awkward Conversations About Estate Planning 28:11 Final Round: Personal Finance Mistakes and Lessons 33:22 Advice for Newcomers and Final Thoughts 35:36 Where to Find More Information and Conclusion Find Sara Ecklein: Website: https://www.trustandhonor.co/ Instagram: https://www.instagram.com/themindfulfiduciary/ Facebook: https://www.facebook.com/people/Sara-Ecklein-CLPF/100067625615341/ LinkedIn: https://www.linkedin.com/in/sara-ecklein Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Doug Lynam, a former Benedictine monk turned financial advisor and author, shares his unique life story, detailing his upbringing in an affluent family with financial struggles, ing the Marine Corps, and eventually spending 20 years in a monastery where he had to navigate its financial crisis. Through this journey, Doug developed a keen interest in finance, ultimately leading to a successful career as a financial advisor. He discusses his views on effective money management and introduces his latest book 'Taming Your Money Monster,' which combines the Enneagram personality system with financial behavior analysis.  In this episode: Discover how understanding your personality can expose hidden financial habits and help tame your "money monsters." Explore why true service and generosity begin with achieving personal financial stability. Unlock the power of aligning earning, saving, investing, and giving for long-term financial success. Understand how financial literacy is rooted in continuous self-awareness and personal growth. And so much more! Key Moments: 00:00 Introduction and Guest Welcome 00:33 Doug Leham's Early Life and Family Dynamics 01:29 Journey to the Marine Corps and Monastery 02:14 Financial Awakening and Monastery Bankruptcy 04:32 Building a Financial Advisory Firm 08:06 The Enneagram and Money Monsters 11:27 The Four Pillars of Financial Success 13:36 Understanding the Enneagram Types 19:21 Transitioning Between Achiever Categories 19:48 The Value of a Good Enneagram Test 20:48 Understanding Money Relationships 22:05 Doug's Journey from Monk to Financial Advisor 23:11 The Final Round: Doug's Financial Insights 28:26 Doug's Recommended Reads 31:14 Where to Find More About Doug 32:58 Final Thoughts and Farewell Find Douglas Lynam: https://www.douglynam.com/ https://www.instagram.com/douglynam/ https://www.linkedin.com/in/doug-lynam/ Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Ken Gee, founder and managing partner of KRI Partners, shares his inspiring journey from growing up in Toledo, Ohio, working as a A and commercial lender, to becoming a successful real estate investor. Ken discusses his transition from a corporate job to real estate due to the desire to spend more time with his family and avoid corporate pitfalls. In this episode: Discover how a shift from A life to real estate investing gave Ken G. the time freedom he craved and how it can for you too. Uncover the power of value-add strategies in multifamily real estate and how a simple renovation plan turned Ken's first deal into a win. Explore why choosing high-growth markets like Florida using tools like U-Haul data can drive strong real estate returns. Take in Ken G.’s advice on avoiding shiny object syndrome and staying laser-focused to build long-term wealth through real estate. And so much more! Key Moments: 00:00 Introduction and Welcome 00:59 Meet Ken Gee: From A to Real Estate Mogul 02:20 The Aha Moment: Balancing Work and Family 03:33 First Steps in Real Estate: Learning the Hard Way 10:46 Strategic Decisions: Selling and Reinvesting 12:38 Partnerships and Mentorship: Finding Your Gary 14:41 Evolving the Business: From Syndications to Funds 16:13 Why Florida? Strategic Market Choices 18:17 Analyzing Market Trends 18:47 Overcoming Barriers to First Deals 21:59 Mindset and Visualization 24:21 Biggest Business Mistakes 26:38 Advice for Real Estate Beginners 30:26 Final Thoughts and Resources Find Ken Gee: Website: https://www.kripartners.com/ LinkedIn: https://www.linkedin.com/in/geekennetha/ Facebook: https://www.facebook.com/people/Ken-Gee-KRI/100086519510719/ YouTube: https://www.youtube.com/@KenGee_KRI Instagram: https://www.instagram.com/kengee_KRI/ Twitter: https://twitter.com/i/flow/?redirect_after_=%2Fkengee_kri TikTok: https://www.tiktok.com/@ken_gee_kri?lang=en Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Richard Wilson, founder of the Family Office Club, shares insights on building an investor club and integrating AI tools to optimize investment processes. He details his journey into finance, starting businesses from a young age, and developing a blog that grew into a major platform for ultra-wealthy investors. Richard discusses the importance of in-person networking, focusing investments in familiar industries, and the value of advice from highly successful individuals In this episode: Discover how in-person meetings drastically improve investor trust and success—16x more likely to say "yes." Uncover how Richard Wilson leverages AI to automate investor relations and streamline financial decision-making. Grasp why aligning your investments with your personal expertise significantly reduces risk. Absorb powerful mental models from billionaires to transform your investment strategies and mindset. And so much more! Key Moments: 00:54 Meet Richard Wilson: Founder of Family Office Club 01:33 The Power of In-Person Networking 03:43 Richard's Entrepreneurial Journey 06:35 Current Business Focus and AI Innovations 07:53 AI Tools for Investors 15:45 Family Office Club and Investor Club Details 17:56 Final Round: Mistakes and Lessons Learned 22:29 Tips for Aspiring Investors and Entrepreneurs 24:42 Recommended Books and Resources 26:18 Closing Remarks and Information Find Richard Wilson: Website: https://familyoffices.com/ Facebook: https://www.facebook.com/familyofficeclub LinkedIn: https://www.linkedin.com/in/singlefamilyoffice/ Instagram: https://www.instagram.com/familyofficeclub/ Youtube: https://www.youtube.com/@familyofficeclub/ X: https://x.com/RichardCWilson Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Kevin Guttman, a seasoned reverse mortgage professional. Kevin shares his journey from managing his father's rental properties at a young age to entering the mortgage industry in 2004. He discusses the evolution of reverse mortgages, highlighting crucial changes made in 2015 to protect homeowners. Kevin explains the advantages of reverse mortgages for retirees, emphasizing the importance of financial education and multiple income streams In this episode: Understand how reverse mortgages can provide tax-free income and eliminate monthly payments for retirees. Discover the updated regulations that make reverse mortgages safer and more accessible than ever before. Gain clarity on common misconceptions and why reverse mortgages aren’t just a “last resort” option. Explore how leveraging home equity strategically can fund retirement, long-term care, or new investments. And so much more! Key Moments: 00:56 Meet Kevin Guttman: Reverse Mortgage Expert 01:20 Kevin's Journey into Real Estate 02:36 The Power of Real Estate in Building Wealth 04:50 Reverse Mortgages: An Overview 07:32 Regulations and Changes in Reverse Mortgages 11:04 Client Success Stories and Impact 14:07 Unlocking Equity and Financial Freedom 17:36 Diversifying Income Streams 19:05 The Reality of Retirement 19:50 Educating the Next Generation 21:33 Options for Aging Parents 22:57 Understanding Reverse Mortgages 24:56 Lessons from Financial Mistakes 29:59 Valuable Resources and Recommendations 31:20 Final Thoughts and Farewell Find Kevin Guttman: Website: https://heromortgageloan.com/ Facebook: https://www.facebook.com/LenderYouCanTrust/ Instagram: https://www.instagram.com/kevin.guttman LinkedIn: https://www.linkedin.com/in/kevinguttman/ Youtube: https://www.youtube.com/@KevinGuttman Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest James Hilovsky, CEO of the Fran Dream, shares about his journey from spending over 20 years in corporate America to becoming a successful entrepreneur. James shares his experiences in the fast food and franchising industry, working with NFL players on various business ventures, and how he now helps others become entrepreneurs by guiding them through the franchise selection process. They discuss the financial and personal freedom found in entrepreneurship, the costs and funding options for starting a franchise, and the top franchise opportunities available.  In this episode: Explore how franchising offers a structured path to entrepreneurship with built-in and scalability. Learn why aligning franchise opportunities with personal skills and goals is key to long-term success. Discover how leveraging expert guidance can fast-track your journey from corporate life to business ownership. Understand that financial and time freedom through franchising is achievable—even without prior business experience. And so much more! Key Moments: 00:00 Introduction and Guest Welcome 00:26 James’ Background and Career Journey 03:07 Transition to Entrepreneurship 04:09 Personal Finance and Entrepreneurial Insights 06:09 Franchise Costs and Getting Started 07:16 Helping Clients with Fran Dream 11:06 Top Franchise Opportunities 14:08 Personal Goals and Reflections 15:15 Final Round: Mistakes and Lessons Learned 18:27 Tips for Aspiring Entrepreneurs 20:21 Recommended Resources and Closing Remarks Find James Hilovsky on: Website: https://www.thefrandream.com/ Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Pete Neubig, co-founder and CEO of VPM Solutions, shares his 30-year journey from an average student in high school to co-founding a company that specializes in providing virtual assistance for real estate and property management. Pete discusses critical lessons learned from his experiences in IT and real estate investment, including the challenges of managing low-income properties and starting a business.  In this episode: Discover how smart financial management fuels entrepreneurial success and business growth. Learn why focusing on one business venture is key to building lasting entrepreneurial success. Uncover how solving real-world problems can turn challenges into thriving real estate and tech businesses. Grasp how strong partnerships and aligned financial goals drive long-term success in entrepreneurship and investing. And so much more! Key Moments: 00:59 Guest Introduction: Pete Neubig 01:34 Pete's Early Career and Real Estate Journey 05:04 Building a Property Management Business 09:08 Lessons Learned and Business Growth 16:52 Personal Finance Philosophy 21:51 The Importance of a ive Partner 22:34 First Investment and Financial Struggles 23:06 Current Real Estate Strategy 23:42 Retirement and Cash Flow Plans 24:49 Service-Based vs. Tech Businesses 26:11 The Role of a Partner in Financial Decisions 32:27 Lessons from Financial Mistakes 36:10 Advice for Aspiring Entrepreneurs 37:30 Recommended Books and Resources 39:07 About VPM Solutions 41:40 Conclusion and Final Thoughts Find Pete Neubig on: Website: www.vpmsolutions.com LinkedIn: https://www.linkedin.com/in/pete-neubig/ Facebook: https://www.facebook.com/pete.neubig.1 X: x.com/VPM_Solutions Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Jay Balekar, shares his inspiring journey from growing up in India to becoming a successful real estate investor in the U.S. Jay discusses his background in cybersecurity, his early exposure to Robert Kiyosaki's 'Rich Dad, Poor Dad,' and how he transitioned into multifamily real estate. He emphasizes the importance of education, careful underwriting, having ample reserves, and the value of networking and mentorship.  In this episode: Explore how strategic self-education can accelerate your entry into multifamily investing. Uncover the power of networking and mentorship in scaling your real estate portfolio. Absorb the value of financial discipline—avoid risky debt and build strong reserves. Grasp why adapting to market shifts with operational excellence is key to long-term success. And so much more! Key Moments: 00:00 Introduction and Welcome 00:55 Guest Introduction: Jay Balekar 01:30 Jay's Early Life and Education 02:38 First Steps into Real Estate 03:49 First Multifamily Property Experience 05:18 Challenges and Lessons Learned 14:00 Networking and Growth 16:49 Market Changes and Strategies 25:57 Final Round: Key Questions 34:54 Final Thoughts and Farewell Find Jay Balekar on: Website: https://www.prospercapitalco.com/ Facebook: https://www.facebook.com/jaideep.balekar LinkedIn: https://www.linkedin.com/in/jaideepbalekar/ Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Giang Nguyen from One River Capital, shares her inspiring story of transitioning from a biology major to real estate investing, starting with a single-family foreclosure and scaling up to a multifamily portfolio that allowed her to leave her W2 job and pursue her ion for salsa dancing. She discusses overcoming challenges, the importance of community and mentorship, and tips for new investors.  In this episode: Discover the power of aligning your investments with your personal "why" for lasting motivation. Absorb the importance of starting before you're ready—progress comes from doing, not waiting. Grasp how community and mentorship can fast-track your growth and minimize costly mistakes. Understand that calculated risks and collaboration are key to scaling your real estate portfolio. And so much more! Key Moments: 00:54 Meet Giang: From Vietnam to Multifamily Investor 01:36 Giang's Real Estate Journey Begins 02:38 Scaling Up: From Single Family to Multifamily 04:15 The Importance of Taking Action 07:04 Finding Your Why in Real Estate Investing 11:01 Overcoming Mistakes and Learning from Experience 16:10 Tips for Aspiring Real Estate Investors 18:22 Recommended Books and Resources 20:37 Connect with Giang and Final Thoughts Find Giang Nguyen on: Website: https://onerivercapital.com/ Facebook: https://www.facebook.com/thatsalsainvestor/ Instagam: https://www.instagram.com/thatsalsainvestor Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Marcia Dawood, a seasoned angel investor, shares her journey from corporate America to discovering the world of angel investing. She explains how angel investing is accessible even for those who aren't super wealthy and discusses the importance of diversification and having a solid investment thesis. The conversation delves into different types of crowdfunding, including equity crowdfunding and debt crowdfunding, as well as the challenges and opportunities in the current investment landscape.  In this episode: Discover how angel investing is more accessible than ever, with opportunities starting at just $50. Learn why diversification and due diligence are key to building a strong investment portfolio. Understand how to spot truly innovative startups beyond the hype of trending buzzwords. Explore alternative investing approaches like debt crowdfunding for lower-risk entry points. And so much more! Key Moments: 00:55 Guest Introduction: Marcia Dawood 01:27 Marcia's Journey into Angel Investing 02:59 Understanding Angel Investing 05:07 Comparing Angel Investing to Real Estate Syndication 05:49 The Role of Funds in Angel Investing 06:54 Risks and Rewards of Angel Investing 12:36 Marcia's Book: Do Good While Doing Well 15:21 Equity Crowdfunding and Platforms 18:32 Debt Crowdfunding Explained 25:30 Podcast Milestones and Notable Guests 25:40 Democratizing Private Investing Find Marcia Dawood on: Website: https://www.marciadawood.com/ LinkedIn: https://www.linkedin.com/in/marciadawood/ Facebook: https://www.facebook.com/marcia.dawood Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Joe Downs, CEO of Belrose Storage Group, shares his 17-year journey in commercial real estate. Joe recounts his early career as a financial advisor, the impact of 9/11 on his career shift, and his ventures, including owning a bar and moving into real estate. Joe delves into his current focus on the self-storage industry, offering insights into market dynamics, the importance of mentorship, and the unique opportunities in storage, especially during economic cycles. In this episode: Learn how adaptability and resilience can turn career setbacks into real estate success. Discover why self-storage is an overlooked yet profitable niche in commercial real estate. Understand the importance of seeing opportunity in every deal, even beyond your initial criteria. Gain insights on why hands-on business oversight is key to long-term investment success. And so much more! Key Moments: 00:00 Introduction and Welcome 01:00 Guest Introduction: Joe Downs 01:23 Joe's Journey into Real Estate 01:39 From Financial Advisor to Real Estate 02:00 The Impact of 9/11 and Career Shift 02:56 Venturing into Real Estate 04:00 Owning a Bar: Lessons Learned 04:57 Transition to Radio and Real Estate 07:14 Discovering Self Storage 09:28 The Self Storage Business Model 13:20 Challenges and Opportunities in Storage 27:49 Advice for Aspiring Investors 31:24 Final Thoughts and Information Find Joe Downs on: Website: https://www.belrosestoragegroup.com/ Instagram: https://www.instagram.com/belrosestoragegroup/ Facebook: https://www.facebook.com/belrosestoragegroup LinkedIn: https://www.linkedin.com/in/joe-downs-7990851/ Youtube: https://www.youtube.com/@belrosestoragegroup Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Darius Ross, a seasoned entrepreneur with over 30 years of experience. Darius shares his serendipitous entry into entrepreneurship, his experiences with real estate investment, consulting for equity, and the creation of educational materials from his many business lessons. He emphasizes the importance of adaptability, the 'guerrilla mentality,' salesmanship, and constant learning.  In this episode: Learn how embracing adaptability and strategic thinking can fuel entrepreneurial success. Discover why intellectual contributions often outweigh capital investments in building wealth. Understand the power of the "gorilla mentality" in navigating business challenges and competition. Gain insights on why ability and self-reflection are crucial for personal and professional growth. And so much more! Key Moments: 00:58 Guest Introduction: Darius Ross 01:27 Darius's Entrepreneurial Journey 02:34 First Business Venture: Real Estate 04:36 Consulting and Equity 05:23 Leadership and Writing Books 07:37 Gorilla Mentality Explained 13:43 Entrepreneurial Mindset and Challenges 19:28 Final Round: Mistakes and Lessons 25:44 Closing Thoughts and Wisdom Find Darius Ross on: Website :https://www.dariusaross.com/ LinkedIn: https://www.linkedin.com/in/darius-ross-0316626/ Facebook: https://www.facebook.com/dariusaross1 X: https://x.com/dacatman Instagram: https://www.instagram.com/darreexec/ Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Steve Selengut, a professional investment manager with over 40 years of experience and the author of 'Retirement Money Secrets’,  shares his journey into investment management, emphasizing the importance of diverse income streams, market volatility, and income-focused investing. He discusses his father's influence on his understanding of income generation, his early experiences in handling investment portfolios, and his strategy for using closed-end funds to secure steady income. In this episode: Learn how income-focused investing can create financial stability in retirement, even during market fluctuations. Discover why closed-end funds offer a reliable monthly income stream and long-term wealth-building potential. Understand the power of embracing market volatility rather than fearing it, using strategic investment approaches. Gain insights into aligning your financial strategy with personal goals for a secure and stress-free retirement. And so much more! Key Moments: 00:59 Meet Steve Selingut: A Veteran Investment Manager 01:22 Steve's Early Investment Journey 03:44 Investment Strategies and Market Insights 06:45 The Importance of Income Streams 09:28 Closed-End Funds Explained 15:47 Steve's Biggest Financial Lessons 20:12 Advice for New Investors 22:42 Steve's Recommended Resources 24:41 Where to Find More About Steve Find Steve Selengut on: Website: https://theincomecoach.net/ LinkedIn: https://www.linkedin.com/in/privateinvestmentmanagement/ Youtube: https://www.youtube.com/@steveselengut Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Daniel Kong,  a former software developer turned real estate investor, shares his journey from working 20 years in a W2 job to achieving financial freedom through real estate investing, specifically using the BRRR strategy. He discusses the transition from ive income to active income, the importance of networking, and how to effectively manage and buy back time. Daniel also delves into the importance of taking immediate action on learned knowledge and offers insights into his current focus on active business and construction projects. In this episode: Learn how decisive action and adaptability are key to transforming career paths and achieving financial freedom. Understand the balance between active and ive income to optimize growth and long-term stability. Realize the importance of leveraging time through strategic outsourcing and effective time management. Discover the power of networking and mentorship in unlocking new opportunities and strengthening vision. And so much more! Key Moments: 00:56 Guest Introduction: Daniel Kong 01:49 Daniel's Journey into Real Estate 03:10 First Steps in Real Estate Investing 05:21 Building a Real Estate Portfolio 06:19 Active vs ive Income Strategies 09:15 Ground-Up Construction Projects 10:54 Investor Relations and Fund Management 16:05 Balancing Business and Social Media 17:46 The Importance of Time in Building ive Income 19:19 Strategies for Buying Back Time 20:12 Balancing Business and Personal Life 21:30 Outsourcing and Delegating Tasks 23:33 Making the Most of Free Time 28:51 Final Round: Personal Finance and Business Insights 33:27 Closing Thoughts and Final Advice Find Daniel Kong on: Websites: https://www.sunsetcapitalinvestments.com/ https://www.danielkong808.com/ Facebook: https://www.facebook.com/danielkong808 Instagram: https://www.instagram.com/danielkong808 Tiktok: https://www.tiktok.com/@danielkong808 Youtube: https://www.youtube.com/@danielkong808 Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Krista Reuther, the Senior Education Content Manager at TurboTenant, shares her journey into the industry starting as a freelance writer and editor in college, her growth into real estate content creation, and how she assists landlords and renters in saving money through data-driven content. Krista also offers valuable resources available on TurboTenant and highlights influential figures and recommendations in the real estate domain. In this episode: Learn the importance of using data-driven content to educate landlords and tenants. Discover the value of local property management before transitioning to remote investments. Grasp the necessity of thorough tenant screening to ensure successful rental relationships. Understand the legal requirements around fair housing to maintain compliance and avoid pitfalls. And so much more! Key Moments: 00:00 Introduction and Welcome 00:56 Meet Krista Reuter: Senior Education Content Manager at TurboTenant 01:31 Krista's Journey into Real Estate and Freelance Writing 03:57 TurboTenant and Empowering Landlords 05:37 Tips for New Landlords and Tenant Screening 16:47 Navigating Emotional Animals and Service Animals 23:19 Final Thoughts and Resources 29:15 Closing Remarks and Call to Action Find Krista Reuther on: Website: https://www.turbotenant.com/ LinkedIn: https://www.linkedin.com/in/krista-reuther-writer/ Spotify: Kitcaster Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Larry Mietus, the 'Chief Excuse Obliterator,' to discuss leadership, ability, and company culture. Larry shares his journey as a business consultant and author, highlighting his approach to transforming excuses into solutions.From personal anecdotes to professional strategies, Larry provides valuable advice for leaders and entrepreneurs looking to enhance their business operations and personal growth. In this episode: Learn to identify and replace excuses with actionable solutions for transformative growth. Understand that transparency and ability build a results-driven, empowered workplace culture. Realize the importance of continuous learning and self-education as tools for leadership and success. Discover how fostering ownership and teaching business fundamentals drive team innovation and alignment. And so much more! Key Moments: 00:57 Meet Larry Midas: The Chief Excuse Obliterator 01:28 The Journey to Becoming an Author 02:26 Excuses in Business: Identifying and Eliminating Them 04:00 Creating a Solution-Oriented Culture 04:56 Teaching Employees to Think Like Owners 05:39 The Importance of Loving Your Work 08:30 Transparency and State of the Company Meetings 10:55 The Role of Leadership in Employee Success 15:58 Observing and Improving Company Culture 17:47 The Pitfalls of Success and Complacency 21:20 Financial Literacy and Business Success 23:08 Living Below Your Means 23:29 Warren Buffett's Frugality: Lessons from a Billionaire 24:24 Understanding Business Valuation 27:01 The Art of Business Focus: Narrow vs. Broad Strategies 27:54 Biggest Financial and Business Mistakes 30:57 Tips for Aspiring Entrepreneurs 35:01 Recommended Reads 37:19 Final Words of Wisdom 39:38 Conclusion: Stay able and Keep Learning Find Larry Mietus on: Website: https://speakingofstrategy.com/ LinkedIn: https://www.linkedin.com/in/larrymietusspeakingofstrategy/ X: https://x.com/larrymietus Youtube: https://www.youtube.com/@leadershiplarry9468 Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Moshe Popack, chairman of YMP Real Estate Management, discusses his journey from New York to Miami, his initial struggles, and how he turned to real estate after losing his job during the 2007-08 financial crisis. He also shares practical tips for getting started in real estate and emphasizes the need for continual self-improvement and clarity of vision. In this episode: Understand that adaptability and resilience are key to navigating economic challenges and thriving in uncertainty. Learn that ion and genuine interest in your work fuel long-term success and prevent burnout. Recognize the value of inclusive leadership and diverse perspectives for stronger, innovative teams. Discover the importance of starting small, taking calculated risks, and aligning with the right partners. And so much more! Key Moments: 00:00:27 Moshe Popak's Background and Family Life 00:01:15 Starting Over in Miami 00:01:53 Transition to Real Estate 00:03:04 Entrepreneurial Mindset and Challenges 00:04:01 Importance of Vision and Execution 00:04:15 Navigating the Real Estate Industry 00:05:06 Breaking Free from Comfort Zones 00:07:04 Financial Management and Resilience 00:16:18 Empowering Women in Business 00:17:58 Realizing the Need for Financial Literacy 00:18:11 Commitment to Learning and Seeking 00:19:07 Faith and Financial Awakening 00:19:39 The Role of Faith in Entrepreneurship 00:20:40 Overcoming Fear and Embracing Failure 00:20:57 The Importance of Non-Judgment 00:22:01 Youth and the Value of Hard Work 00:26:23 The Power of Partnerships 00:27:14 Tips for Real Estate Beginners 00:31:51 Final Thoughts and Words of Wisdom Find Moshe Popack on: Website: https://moshepopack.com/ LinkedIn: https://www.linkedin.com/in/mpopack/ Facebook: https://www.facebook.com/MoshePopack Instagram: https://instagram.com/mpopack Youtube: https://www.youtube.com/@mpopack Podcast: https://moshepopack.com/podcast/ Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes MarketAbout A breakdown of listed companies' financials, news, trends and other. Listen on: Apple Podcasts   Spotify the show

Send us a text us on Average Joe Finance hosts Mike Cavaggioni and Tanya discuss their reflections on 2024 and share their goals and strategies for a successful 2025. They emphasize the importance of being present, setting intentions, and reflecting on achievements and shortcomings to improve for the future. They also touch on planning for potential investments, building liquidity, and considering alternative lifestyles such as becoming an expat. The episode concludes with advice on celebrating wins and being intentional about personal and financial goals. In this episode: Discover the power of mindfulness in achieving financial and personal growth. Understand the value of compound interest in long-term wealth building. Embrace change by exploring new living environments and career paths. Reflect on your goals regularly to stay focused and intentional in your actions. And so much more! Key Moments: 00:00:19 Reflecting on 2024: Personal Growth and Challenges 00:01:19 Financial Strategies and Investment Insights 00:06:27 Exploring Expat Life and International Living 00:12:19 Setting Goals and Intentions for 2025 00:16:09 Balancing Life: Fun, Finances, and Personal Time 00:22:20 Closing Thoughts and Future Plans Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Elizabeth Bieniek, an accomplished entrepreneur and author of “Cake on Tuesday: 25 Lessons to Unlock Corporate Innovation”, shares her unconventional career journey from studying creative writing to becoming an entrepreneur in the tech industry. She discusses the value of starting with a fresh perspective, the importance of asking 'why,' and the role of embracing and leveraging diverse teams for innovation. Elizabeth also highlights the challenges and opportunities she faced, offering practical advice on entrepreneurship and the significance of investing in oneself. In this episode: Discover the power of embracing curiosity—it opens doors to opportunities and fuels innovation. Realize that action conquers fear; momentum builds success one step at a time. Acknowledge the strength in "not knowing"; vulnerability fosters collaboration and growth. Explore the impact of small gestures—creativity and kindness elevate team morale and drive progress. And so much more! Find Elizabeth Bieniek on: Website: https://www.elizabethbieniek.com/ LinkedIn: https://www.linkedin.com/in/elizabethbieniek/ Instagram: https://www.instagram.com/cakeontuesday/ Email: [email protected] Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show

Send us a text us on Average Joe Finances as our guest Larisa Olteanu from Unshakable Wealth shares her inspiring story of overcoming a tumultuous childhood and severe financial hardships. Arriving in the U.S. with just $20, Larissa details her journey from learning English on the job to earning a finance degree and working with ExxonMobil. She further explains how she transitioned to founding Unshakable Wealth, with a mission to empower others, especially women, in their financial journeys. In this episode: Discover how resilience in adversity builds strength and financial responsibility. Understand how education unlocks opportunities for lasting financial independence. Learn how shifting to a growth mindset transforms challenges into opportunities. Gain insight into empowering others through financial literacy and shared knowledge. And so much more! Key Moments: 00:01:13 Introducing Guest: Larisa Olteanu from Unshakable Wealth 00:01:35 Larisa's Inspiring Journey 00:01:53 Lessons from a Challenging Childhood 00:03:41 Navigating Financial Hardships and Early Responsibilities 00:06:13 Adapting to a New Life in the U.S. 00:08:31 The Importance of Education and Personal Growth 00:11:50 Shifting Mindsets: From Victim to Victor 00:17:43 Investing in Real Estate and Personal Development 00:20:13 Challenging Beliefs About Wealth and Success 00:23:32 Transitioning to Unshakable Wealth 00:25:47 Balancing Motherhood and MBA 00:26:11 Turning Down Job Offers for a Dream 00:26:51 Understanding Personal Finance Challenges 00:28:32 Empowering Women in Finance 00:32:03 Final Round Questions 00:33:43 Practical Financial Tips and Mindset 00:37:30 Networking and Learning from the Wealthy 00:42:11 Recommended Books and Resources 00:45:41 Where to Find More Information 00:47:21 Closing Remarks and Call to Action Find Larisa Olteanu on: Website: https://www.shakeablewealth.com  LinkedIn: https://www.linkedin.com/in/larisa-olteanu/ Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links About Mike: https://mikecavaggioni.com About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ *DISCLAIMER* https://averagejoefinances.com/disclaimer See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes the show