In the realm of emerging markets and internet-based investments.a pivotal figure in finance for decades took us on a comprehensive journey through his career, the intricate world of emerging markets, and strategic investing approaches that are shaping the future. Join us on Average Joe Finances as our guest Kevin Carter shares the importance of financial education, reading, and understanding the market for successful investing.What you’ll learn in this episode:Consider new avenues like emerging markets for lucrative investments.Identify the key populations likely to demonstrate the most significant market growth. Hardships and disillusionment can trigger creative business solutions.Utilize the power of compounding to enhance wealth in the long term.And so much more!Key Moments:00:00:33 Kevin Carter's Journey into the Investment World00:01:04 The Birth of Index Funds and Kevin's Early Career Moves00:03:51 Innovating the Investment Landscape: Fractional Shares and Direct Indexing00:10:12 Advising Google Employees and Diving into Emerging Markets00:16:45 Understanding Emerging Markets and Their Potential00:23:30 Kevin's Personal Journey and Motivation in Finance00:26:01 Unveiling the Flaws of Traditional Emerging Market Investments00:27:33 The Problem with State-Owned Enterprises in ETFs00:31:22 Missing Out on the Best: The Exclusion of Top Companies00:37:05 Exploring Alternative Emerging Market Investments00:38:21 The Compelling Case for Investing in IndiaFind Kevin Carter on:Websites: www.EMQQglobal.comLinkedIn: https://www.linkedin.com/in/thekevintcarter/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

In the dynamic world of real estate investing, the journey of every investor has its unique twists and turns. However, evolving strategies and adapting to different situations have a key role in the recipe for success.Join us on Average Joe Finances as our guest Jim Manning shares his early influences, including his pragmatic altruist approach to business and a transformative experience with a self-made billionaire that shaped his views on success and happiness.What you’ll learn in this episode:Shift to buy and hold properties and long-term financial freedomReal Estate’s high return potential and opportunities for passive incomeImportance of careful consideration in investmentsUse of lease to own arrangements for community benefitAnd so much more!Key Moments:01:14 Jim's Early Career and Entrepreneurial Journey01:53 Lessons from a Self-Made Billionaire10:58 A Health Scare and a New Perspective12:49 The Evolution of Jim's 'Why' in Real Estate15:07 Shift to Lease Purchase Deals19:13 Birth of a Real Estate Fund20:11 Impact of Real Estate on Community and Investors20:19 Future Plans and Expansion24:15 The Power of Passive Income and Real Estate24:47 Understanding Retirement and Cashflow25:10 Risks and Rewards of the Stock Market25:37 Impact of Social Media on Business27:41 Stability of Real Estate Investments28:15 Unpredictability of the Stock Market29:30 Tangibility of Real Estate30:01 Importance of Diversification in Investments30:15 Strategy of Buy and Hold in Real Estate30:41 Complexity of Real Estate Investment Strategies31:59 Importance of Cashflow in Real Estate InvestingFind Jim Manning on:Websites:https://jimmanning.com.https://pasivewealthshow.com/Facebook: https://www.facebook.com/passivewealthshowLinkedIn: https://www.linkedin.com/in/jimmmanning/Youtube: https://www.youtube.com/@passivewealthshowAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

In today's competitive financial markets, staying abreast of changes is crucial.Join us on Average Joe Finances as our guest Tony Saliba shares how he managed to adapt to different financial scenarios by harnessing his superpower—the 'what ifs.' His early struggles and the gradual development of his risk-averse trading methodology form a compelling narrative of dedication, acumen, and adaptability.What you’ll learn in this episode:Benefits of options trading, aligning with individual investing ideas and risk profiles, elucidating its value for those with limited capital.The importance of continuous learning, recommending readings such as "Reminiscences of a Stock Operator" and "Market Wizards".The importance of a sounding board for trading, underlining the effectiveness of collaboration and mentorship.And so much more!Key Moments:00:00:40 Tony's Journey into the World of Finance00:03:04 Tony's Early Career and Challenges00:03:59 Transition into Technology and Entrepreneurship00:04:43 Reflecting on Tony's Career Shifts and Decisions00:05:00 Tony's Tech Innovations in Trading00:07:43 The Impact of Tech on Trading and Business00:19:45 Tony's Superpower and Entrepreneurial Mindset00:24:52 The Motivation Behind the Hustle00:26:43 Journey of Building and Handing Over00:27:01 Future Plans and Legacy00:28:02 Transition from Stocks to Crypto00:28:51 Introduction to Bitcoin00:30:41 Launch of Mercury Digital Assets00:32:45 The Future of Tokenization00:33:56 The Impact of Blockchain on Real Estate00:34:52 Tokenization of Artwork00:38:01 Future of Digital AssetsFind Tony Saliba on:Website: https://liquidmercury.com/LinkedIn: https://www.linkedin.com/in/tonysalibaAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

Finance isn't solely about numbers—like any other journey, it aligns with personal values, dreams, and life goals. Exploring this intriguing intersection, let’s take a deep dive into the exciting world of financial planning, focusing on how personal discoveries shape financial decisions.Join us on Average Joe Finances as our guest Debra Schatzki shares key insights into her financial planning methods which involve understanding the vulnerabilities of clients, their major goals, and dreamsIn this episode:Illustrate how personal experiences, including challenges and triumphs, can shape one's approach to financial literacy and security.Advocate the transmission of financial literacy across generations to ensure lasting wealth and responsible money management.How one’s financial principles highlight foundational values for achieving financial stability and growth.How "Security Income Planning" underscores the significance of strategies that preserve wealth while aligning with personal values and promoting family well-being.And so much more!Key Moments:00:00:56 Debra's Personal Journey and Financial Education00:02:30 The Importance of Financial Literacy00:03:30 Passing Down Financial Knowledge00:03:50 Debra's Approach to Financial Planning00:04:21 The Importance of Core Values in Financial Planning00:05:26 The Role of Family and Legacy in Financial Planning00:06:39 Debra's Personal Motivation and 'Why'00:09:00 The Importance of Professional Guidance in Financial Planning00:19:04 Debra's Core Financial Principles00:23:59 The Impact of the Bernie Madoff Scandal on Debra's Clients00:32:56 The Importance of Setting Goals and Seeking Professional Help00:38:14 Final Thoughts and Advice for ListenersFind Debra Schatzki on:Website: https://www.bppwealth.com/LinkedIn: https://www.linkedin.com/in/debra-schatzki-ba481312/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

The world of real estate investment is vast and varied, teeming with opportunities for investors willing to explore and conquer its intricacies.Join us on Average Joe Finances as our guest Chris Prenfontaine highlights the importance of mindset, coaching, and mentorship in successful real estate investing.In this episode:Understanding how small investments can grow significantly over time empowered him to start his investing journey early.Explore various avenues, including commercial real estate and options trading, recognizing the unique opportunities each offered.The importance of starting small and staying consistent in investing. The importance of continuous learning and adaptation in the ever-evolving world of finance.And so much more!Key Moments:00:00:40 Chris's Journey in Real Estate00:01:36 Surviving the 2008 Crash and Rebuilding00:02:09 New Rules and Strategies Post-Crash00:02:54 The Family Business and Coaching Others00:03:14 Reflecting on Pre-2008 Strategies00:04:04 Current Real Estate Strategies and Techniques00:06:48 Finding and Solving Problems in Real Estate00:12:56 Building the Team and Business Growth00:15:53 Advice for New Real Estate Investors00:17:11 The Importance of Authentic Marketing in Real Estate00:17:42 Offering Value: Free Resources and Real Estate Education00:18:15 The Power of Coaching in Real Estate00:19:15 The Four Pillars of Success in Real Estate00:20:17 The Impact of Current Economic Environment on Real Estate00:20:59 Adapting to Market Changes: Seller Financing in Chaotic Times00:23:13 Investing in Your Own Backyard vs. Diversifying Markets00:24:32 The Importance of Mindset in Real Estate Investing00:24:40 Acquiring New Students and Growing the CommunityFind Chris Prefontaine on:Website: http://www.smartrealestatecoach.comPodcast: https://www.smartrealestatecoach.com/podcastFacebook: https://www.facebook.com/smartrealestatecoachGoogle +: https://plus.google.com/+SmartrealestatecoachchannelYouTube: https://www.youtube.com/smartrealestatecoachInstagram: https://www.instagram.com/smartrealestatecoachLinkedIn: https://www.linkedin.com/in/chrisprefontaineTwitter: https://twitter.com/smartrecoachAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

In the investment world, versatility is key. To thrive, one must be able to adjust to varying market situations seamlessly, adapting strategies to secure the best possible outcomes. Join us on Average Joe Finances as our guest Erik Smolinski shares his investment strategies to include commercial real estate and active trading in the stock market, ultimately achieving his goal of becoming a millionaire before 30.In this episode:Understanding how small investments can grow significantly over time empowered him to start his investing journey early.Explore various avenues, including commercial real estate and options trading, recognizing the unique opportunities each offered.The importance of starting small and staying consistent in investing. The importance of continuous learning and adaptation in the ever-evolving world of finance.And so much more!Key Moments:03:02 Erik's Journey into Investing05:38 Erik's Diverse Investment Strategies06:19 Realization and Shift in Perspective07:19 Approach to Trading and Investing16:14 Experience with Commercial Real Estate17:46 Approach to Stock Market Trading22:34 The Importance of Trends in Trading22:56 The Beauty of Ignorance in Trading23:44 The Role of Artifact Knowledge in Decision Making23:59 The KISS Method in Trading24:24 How to Start Investing Like Erik25:03 The Reality of Trading and the Importance of Paper Trading26:40 The Role of Discipline and Consistency in Trading27:02 The Importance of Understanding Risk27:24 The Disconnect Between Input and Output in Trading27:47 The Importance of Training and Discipline in Trading29:55 The Role of Mindset in Trading32:48 The Importance of Consistency and Discipline in Success33:49 The Role of Stoicism in Finance38:40 The Importance of Starting and Staying ConsistentFind Erik Smolinski on:Website: https://esinvest.com/Facebook: https://www.facebook.com/esinvestsLinkedIn: https://www.linkedin.com/in/esmolinskiYoutube: https://www.youtube.com/esinvestsInstagram: https://www.instagram.com/esinvestsTwitter: https://www.twitter.com/esinvestsAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

As the financial world rapidly evolves, having an innovative and grounded perspective is essential. This is something an entrepreneurship and finance guru emphasizes. Let’s discuss the importance of behavioral finance in highlighting common mistakes investors make and some critical wisdom to help individuals manage their investments effectively.Join us on Average Joe Finances as our guest Elliot Kallen shares valuable insights about behavioral finance, discussing the importance of being tactical and strategic in investing and trust's role in financial advisor-client relationships. In this episode:Learn how to efficiently invest to give you the highest probability of achieving your retirement objective with the lowest possible risk.Avoid common financial pitfalls like adopting a groupthink approach or investing with emotion.Create the right mindset to achieve financial freedom.Learn why trust is a big issue with financial planners and what Elliot does to ensure clients feel comfortable and secure.And so much more!Key Moments:00:01:17 Understanding Behavioral Finance00:02:27 Investment Strategies and Mistakes00:08:03 The Role of Trust in Finance00:09:23 Overcoming Fear in Investment00:11:44 Investment Opportunities and Risks00:19:37 The Importance of Strategic Thinking in Investment00:22:09 Investing in the Stock Market: Current State and Predictions00:22:25 Understanding the Market: Bullish vs Bearish Perspectives00:22:43 Investment Opportunities in Times of Economic Malaise00:23:26 Investing in the Defense Industry: A Tactical Approach00:24:27 Investing in Technology: The Future of AI and Cybersecurity26:40 Lessons Learned: Mistakes and Successes in Business and FinanceFind Elliot Kallen on:Website: https://prosperityfinancialgroup.com/Facebook: https://www.facebook.com/ProsperityFinancialGroupInc/LinkedIn: https://www.linkedin.com/company/prosperity-financial-group/ Youtube: https://www.youtube.com/channel/UCynH32iE0vZHwczDLmluCNw Instagram: https://www.instagram.com/prosperityfinancialgroup/Podcast: https://podcasts.apple.com/us/podcast/getting-real-elliot-kallen-prosperity-financial-group/id1106735103?i=1000511926838 Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

Investing in multifamily properties is a preferred choice due to its benefits, including increased cash flow and property value appreciation. But what if you look at multifamily investment as not just a real estate venture but a business opportunity? Get ready to explore this mindset!Join us on Average Joe Finances as our guest Vlad Arakcheyev shares his journey to becoming a real estate agent and his gradual transition into multifamily investments and turning it into a functionally operational business.In this episode:Emphasize the importance of building a robust team when venturing into multifamily investment.Continuously learn and stay updated on industry trends and changes to make informed investment decisions.Understand that significant results in multifamily investment may take time to materialize.Recognize that multifamily property investment requires a nuanced understanding of business operations within the real estate sector.And so much more!Key Moments:00:01:17 Vlad's Journey into Real Estate00:01:33 Transitioning from Graphic Design to Real Estate00:02:20 Exploring Different Real Estate Strategies00:02:48 Challenges of Balancing a Job and Real Estate00:03:11 Taking the Leap into Full-Time Real Estate00:03:16 Experiencing the Ups and Downs of Single-Family Rentals00:04:05 Discovering the Potential of Multifamily Real Estate00:04:27 The Importance of Education and Mentorship in Real Estate00:05:02 Vlad's Current Real Estate Strategy and Focus00:08:36 The Benefits and Challenges of Multifamily Real Estate00:08:59 The Importance of Third-Party Property Management00:09:16 The Business Side of Multifamily Real Estate00:10:40 The Power of Partnerships in Real Estate00:16:06 Finding Deals in Real Estate00:21:12 The Role of Technology in Real Estate00:25:51 Navigating Market Changes in Real Estate00:27:23 Shifting Investment Focus from C to B Class Properties00:27:50 Understanding the Risks of Older Buildings00:28:12 The Advantages of Investing in BA Class Buildings00:28:41 The Impact of High Mortgage Rates on the Rental Market00:29:18 The Real Estate Market in New Jersey: A Case Study00:30:23 The Consequences of Waiting for Lower Rates00:31:05 The Importance of Planning and Strategy in Real Estate Investment00:31:57 The Benefits of Investing in BA Class Buildings00:35:45 Adapting to Market Changes: Shifting Investment Locations00:39:35 The Importance of Teamwork in Real Estate Investment00:45:11 The Role of Education and Mentorship in Real Estate Investment00:49:17 The Power of Mindset and Focus in Real Estate InvestmentFind  Vlad Arakcheyev on:Website: https://zontikventures.com/LinkedIn: https://www.linkedin.com/in/vladarakcheyev/Facebook: https://www.facebook.com/Vlad.Arakcheyev1/Instagram: https://www.instagram.com/vlad_arakcheyev/Tiktok: https://www.tiktok.com/@best_apartment_adviceEmail: Vlad@ZontikVentures.comCalendly: https://calendly.com/vlad-arakcheyev/30min Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

Are you a real estate investor looking to elevate your game while ensuring your assets are fully protected? Do you need advice on developing a robust wealth-building strategy? If yes, you'd benefit from insights from this week’s guest.Join us on Average Joe Finances as our guest Scott Royal Smith shares his knowledge and expertise on asset protection, financial freedom, and lifestyle strategies, particularly for real estate investorsIn this episode:Recognize the pivotal role of asset protection in maintaining financial security.Emphasize the significance of implementing asset protection measures at the right time.Understand how private foundations, similar to super IRAs, can protect income and provide a tax-free growth strategy.Recognize the need for experts in asset protection, estate planning, tax strategy, insurance, and investment within your team.And so much more!Key Moments:00:36 Getting to Know Scott Royal Smith00:43 Scott's Journey to Financial Freedom01:54 The Importance of Asset Protection02:11 The Birth of Royal Legal Solutions02:35 The Shift to Asset Protection03:02 The Wake-Up Call and Expansion03:31 The Importance of Strategic Tax Planning03:39 The Concept of Financial Freedom04:03 The Desire to Teach and Give Back04:22 The Reality of Financial Freedom05:09 The Dangers of Not Protecting Your Assets05:46 The Importance of Asset Protection for Real Estate Investors06:24 The Right Time to Consider Asset Protection06:56 The Benefits of Series LLCs08:39 The Power of Anonymity and Compartmentalization12:52 The Role of Money in Life14:14 The Use of Retirement Accounts in Real Estate Investing15:47 The Advantages of Private Foundations18:17 The Importance of Strategic Tax Planning and Structuring19:47 The Importance of Having the Right Team20:26 The Role of Professionals in Your Business20:53 Understanding Different Types of Professionals You Need21:14 Balancing Investments and Taxes21:29 The Role of Insurance in Your Business21:59 Building a Wealth Building Company22:24 The Services Offered by Royal Legal Solutions23:57 The Importance of Education in Business24:16 The Process of Building a Wealth-Building Company25:23 The Importance of Hiring ProfessionalsFind Scott Royal Smith on:Website:  https://royallegalsolutions.com LinkedIn: https://www.linkedin.com/in/scottroyalsmithAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

Options trading is often viewed as complex or risky for the average investor. However, with the right guidance, trading options can be a powerful tool for financial growthJoin us on Average Joe Finances as our guest Dan Passarelli shares the importance of understanding and mitigating risks in trading and offers some wisdom on how to use options trading as a tool to improve one's financial situationIn this episode:Recognize options trading as a form of derivative trading applicable in various market conditions.Grasp the benefit of options trading in controlling risk, distinguishing it from pure stock trading.Explore the potential of using options trading as a pathway to financial freedom.Understand how premiums collected from options can be reinvested to fuel further growth, contributing to financial success.And so much more!Key Moments:00:26 Getting to Know Dan Passarelli02:13 Understanding Options Trading02:38 Explaining Options Trading to Beginners04:04 How to Get Started with Options Trading04:16 Types of Options Strategies04:37 The Concept of Covered Calls07:04 How Options Trading Can Lead to Financial Freedom12:41 The Importance of Education in Options Trading17:23 The Role of Technology in Options Trading18:51 Understanding the Risks in Options Trading19:45 Dan's Personal Trading Strategy20:14 Introduction to Options Trading20:18 Using Options for Buy and Hold Strategy21:08 Case Study: Trading Apple Stocks21:44 Understanding Call and Put Options24:00 Reinvesting Premiums from Options Trading25:09 The Risks and Rewards of Day Trading26:16 The Importance of Education in TradingFind Dan Passarelli on:Website: https://markettaker.com/Facebook: https://www.facebook.com/markettakerTwitter: https://twitter.com/Dan_PassarelliYoutube: https://www.youtube.com/user/MarketTakerMentoringBlog: https://markettaker.com/blog/ Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

Are you interested in Multifamily Real Estate? Let’s dive deep into the nitty-gritty of it! From regulatory challenges in LA to tenant-buyout strategies - this episode will be brimming with insider knowledge!Join us on Average Joe Finances as our guest Taylor Avakian shares his experiences navigating the escalating changes in the market, demystifies some common myths about the California real estate market, and offers invaluable advice for investors.  In this episode:Recognize the opportunities in LA's multifamily market, driven by renter demand, despite the state's strict regulations and high housing costs.Learn about the importance of becoming a "value add investor" and building relationships to navigate and thrive within the regulated market.View these challenges as opportunities for investors who comprehend the "art and science" of LA's investment market.Embrace optimism and creativity in the face of tightening regulations and shifting market trends in LA.And so much more!Key Moments:00:01:03 Taylor's Journey into Real Estate00:02:39 Understanding the Multifamily Market in California00:04:22 Overcoming Challenges in LA's Market00:08:20 The Impact of COVID-19 on LA's Real Estate Market00:15:15 Predicting Future Opportunities in LA's Market00:18:42 Finding Hidden Gems in the Real Estate Market00:21:13 Taylor's Superpower as a Real Estate Broker00:24:49 The Unexpected Rise in Property Values00:25:05 The Importance of Making Educated Projections00:25:34 The Power of Building Relationships in Real Estate00:26:17 Overcoming the Challenge of High Interest Rates00:27:13 Strategies for Landlords in LA for Future Growth00:27:56 The Art of Controlling the Controllables00:29:30 The Stoic Approach to Life and Business00:32:06 The Power of Knowledge and Skills00:33:23 The Importance of Self-Awareness in Business00:35:27 The Power of Organization in Business00:44:14 The Value of Consistency and DisciplineFind Taylor Avakian on:Website: https://www.matthews.com/LinkedIn: https://www.linkedin.com/in/tayloravakian/Instagram: https://www.instagram.com/taylor_avakian/?hl=enTwitter: https://twitter.com/tayvay_?lang=enAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

Navigating the business world, especially the real estate market, can be quite an obstacle course. But could it prove that success often comes from passion, ambition, and making calculated risks?Join us on Average Joe Finances as our guest Adit Shah shares his journey on how he began by working for free as a property developer and learn the ropes of the industry.In this episode:The significance of networking and relationship-building in the real estate business, which can play a fundamental role in future operations.How an unconventional approach to entering the real estate industry demonstrates that success often comes from taking unique and unexpected paths. The need for careful consideration of market conditions and the importance of resilience when facing unexpected challenges in the real estate industry.How joining a mastermind or a community of like-minded individuals is recommended for guidance and opportunities, showcasing the significance of continuous learning and mentorship in the real estate journey.And so much more!Key Moments:00:01:08 - Transition from Military to Civilian Life00:01:43 - Entry into Real Estate and Initial Experiences00:02:02 - Journey to Becoming a Real Estate Developer00:02:19 - Strategy to Learn and Break into the Industry00:03:07 - First Development Projects and Expansion00:03:22 - Founding of Tempest 22 and Housebender00:03:54 - Experience Working for Free and Learning the Trade00:06:29 - Adit's Transition to Leading His Own Business00:15:33 - Adit's Move to Colombia and Managing Business Remotely00:16:44 - Approach to Building a Solid Team00:22:08 - Strategy for Keeping Expenses Low and Utilizing Military Benefits00:23:53 - Starting Tempest 22 and Real Estate Development00:23:59 - Criteria for Selecting Development Lots00:24:42 - Building a Portfolio and Scaling Up00:25:30 - Creating Housing for Specific Demographics00:26:43 - The Art of Real Estate Development00:27:33 - Identifying Ideal Parcels for Development00:28:40 - The Strategy for Acquiring Properties00:29:13 - Challenges of Managing Development from Abroad00:31:54 - The Motivation Behind Real Estate DevelopmentFind Adit Shah on:Websites: www.housebender.com and www. tempest22.com Instagram: https://www.instagram.com/housebender/LinkedIn: https://www.linkedin.com/in/adit-shah-197623167/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

How can delving into financial innovation serve as a transformative journey toward achieving financial freedom? Let’s explore crucial topics such as velocity banking and the profound impact of intentional decision-making on the path to financial goals.Join us on Average Joe Finances as our guest Charlie Hardage shares insights on the significance of focusing on one niche, the power of velocity banking, and leveraging debt to grow wealth.In this episode:Uncover the exclusive benefits of owning a franchise and how it can change your entrepreneurial journey.Learn the secrets to turning your existing business into a successful franchise operation.Explore the market options for reselling franchises and maximize your investment potential.Master the art of research and due diligence to make informed decisions in the world of franchising.And so much more!Key Moments:00:03:34 Charlie's Journey into Real Estate00:05:11 Transitioning from Military to Civilian Life00:08:22 Charlie's Real Estate Strategy and Goals00:11:56 The Importance of Mental Health Awareness00:15:28 Investing in Multifamily Real Estate00:21:00 The Value of Research and Due Diligence00:24:18 Charlie's Active Investment Strategy00:26:50 Running Real Estate Like a Business00:27:02 The Power of Efficient Management in Real Estate00:27:56 The Art of Velocity Banking00:28:33 The Benefits of Investing in Syndications00:28:55 The Mindset Shift in Velocity Banking00:29:21 The Concept of Debt Arbitrage00:29:38 The Power of HELOC in Real Estate Investing00:30:16 The Strategy of Velocity Banking00:33:16 The Impact of Velocity Banking on Financial Freedom00:37:27 The Importance of Focus in Real Estate Investing00:45:21 The Power of Networking and Sharing Your Journey00:47:27 Final Thoughts: If I Can Do It, You Can Do ItFind Charlie Hsrdage on:Website: https://www.hkigllc.com/LinkedIn: https://www.linkedin.com/in/charleshardage/ Facebook: https://www.facebook.com/charlie.hardageiii/Youtube: https://www.youtube.com/@buildwealthinrealestate Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

As we delve into the exciting world of franchising, the question that waves at every entrepreneur's mind is, should I buy a franchise? Franchising, indeed, is a dynamic concept in the business world that thrives on the foundation of systemized procedures and proven business models. But is it the right fit for you? Join us on Average Joe Finances as our guest Gregory Mohr shares about the process of turning a business into a franchise and the potential for significant growth. In this episode:Uncover the exclusive benefits of owning a franchise and how it can change your entrepreneurial journey.Learn the secrets to turning your existing business into a successful franchise operation.Explore the market options for reselling franchises and maximize your investment potential.Master the art of research and due diligence to make informed decisions in the world of franchising.And so much more!Key Moments:00:04:31 - Discovering Franchising00:08:41 - Semi-Absentee Franchising00:11:53 - Being the Face of the Business00:12:22 - Benefits of Local Ownership00:12:33 - Importance of Being the Local Face of a Franchise00:13:26 - Franchise vs. Private Business00:15:51 - Trade-Off Between Time and Money00:17:17 - Investment Levels in Different Types of Franchises00:21:31 - Mistakes to Avoid When Selecting a Franchise00:25:20 - Importance of Funding and Debt Servicing00:27:27 - Genuine Intent to Help00:28:54 - Financing and Debt to Income Ratio00:35:00 - Risk Tolerance and Emerging Franchises00:39:02 - Assessing Fit for Franchise Ownership00:39:21 - Individual Factors in Franchise Investment00:40:10 - Importance of Due Diligence00:41:18 - Process of Turning a Business into a Franchise00:44:19 - Selling a Successful Franchise00:46:08 - Lessons Learned and Tips for Success Find Patrick Elsner on:Website: www.franchisemaven.comLinkedIn: https://www.linkedin.com/in/gregorykmohr/Instagram: https://www.instagram.com/franchisemaven/?hl=enTwitter: https://twitter.com/Franchise_MavenFacebook: https://www.facebook.com/FranchiseMaven/Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

Are you looking to enter the franchise industry? Discover the secrets to finding the perfect franchise fit.  Learn how to navigate the franchise landscape based on your criteria and interests, but beware, one wrong move could leave you questioning everything.Join us on Average Joe Finances as our guest Patrick Elsner shares insights on the trends he's observed in franchise ownership over his 21-year career and gives advice to those thinking about getting into franchising. In this episode:Discover the latest franchising trends and opportunities to stay ahead of the game.Explore the benefits of semi-absentee franchise ownership for a more flexible lifestyle.Uncover the thriving home services and health and wellness franchise categories.Implement a criteria-based approach to find the perfect franchise that aligns with your goals.And so much more!Key Moments:00:00:28 - Patrick's Background00:01:21 - Trends in Franchising00:02:49 - Popular Franchise Categories00:09:16 - Finding the Right Franchise00:15:02 - The Importance of Success in Franchising00:16:00 - Top Franchises in Today's Market00:17:32 - Qualities of a Successful Operator00:20:08 - Work and Luck in Franchising00:22:18 - Mitigating Risks in Franchising00:30:11 - Mistakes in Financial Investments00:31:11 - Importance of Surrounding Yourself with the Right People00:33:26 - Reverse Engineering Your GoalsFind Patrick Elsner on:Website: https://www.franinside.comEmail: info@franinside.comLinkedIn:https://www.linkedin.com/in/patrickelsnerfranchiseinsider/Youtube: https://www.youtube.com/channel/UCLj00KD0UTb27LmIbY4EGDgAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

Recent financial management strategies aim to assist individuals and families in building wealth and attaining financial independence. One approach involves utilizing a whole life insurance policy for banking, offering tax advantages. The goal is to empower individuals to manage their finances effectively, ensuring economic certainty.Join us on Average Joe Finances as our guest Dr. Robert Scranton shares how using life insurance policies as a banking system can offer guaranteed returns, tax-free growth, and overall financial freedom. In this episode:Overcome the initial daunting perception and discover the fascination behind this unique financial strategy.Grasp the concept of "banking on oneself" through robust whole-life insurance policies with promising returns.Understand the strategy of "spending down every dollar earned" and the guaranteed returns on premiums.Discover the impressive tax benefits associated with Infinite Banking, often overlooked by beginners.And so much more!Key Moments:00:02:06 - Dr. Robert Scranton's Personal Journey and Career Shift00:04:54 - Challenges of Traditional Financial Planning00:07:57 - Exploring the Infinite Banking Concept00:08:50 - Real-Life Examples of Infinite Banking00:14:17 - Benefits of Infinite Banking and Double Dipping00:19:05 - Tax Benefits of Infinite Banking00:20:59 - Using Infinite Banking for Retirement Planning00:21:39 - Revised Retirement Plans and Living Longer00:22:13 - The Power of Real Estate Investments00:22:45 - Borrowing from Retirement Savings for Real Estate00:23:33 - The Benefits of Infinite Banking00:23:59 - Getting Started with a Policy00:24:25 - Understanding Policy Limitations00:28:06 - The Risks of Outstanding Loans00:30:16 - The Power of Spending Down Every Dollar00:32:04 - Selling Your Policy on the Secondary MarketFind Dr. Robert Scranton on:Website: https://www.yourfinancialiq.orgLinkedIn: https://www.linkedin.com/in/drscranton/Tiktok: tiktok.com/@robertscranton4Average Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

Welcome to a special episode of Mike's Thoughts! 🎙️ In this episode, we're diving into six amazing products from AppSumo that can transform the way you create content, manage social media, and produce podcasts. Plus, we've got an exciting freebie to share! Let's jump right in.🌟 EaseUS VideoKit: Unlock Your Video Creation PotentialEaseUS VideoKit is a versatile all-in-one video toolkit that simplifies the process of video and audio content creation. From video and audio conversion to speech-to-text features, customization options, and more, this toolkit has it all. And the best part? There's a free version! Get it here: EaseUS VideoKit🚀 BIGVU: Effortless Scripting, Recording, and EditingBIGVU is not just a teleprompter app; it's an AI-powered video studio revolutionizing the way you script, record, and share high-quality videos. With AI-generated scripts, customizable teleprompter settings, and auto-sharing features, BIGVU takes your video creation to the next level. Check it out here: BIGVU🔍 Voilà: Elevate Your Writing ExperienceVoilà is an AI-powered browser extension designed to enhance content creation, answer questions, and boost productivity. Get instant answers, improve your writing, and enjoy a seamless experience across various websites. Elevate your writing game with Voilà: Voilà📱 Vista Social: Streamlining Social Media ManagementVista Social is your all-in-one social media management platform powered by ChatGPT. From AI social media caption writing to international content translation, engagement management, and comprehensive analytics, Vista Social has got your social media strategy covered. Get it now: Vista Social💼 Ocoya: All-in-One Marketing SolutionOcoya is a comprehensive all-in-one marketing solution that streamlines the creation, automation, and management of high-converting campaigns. With an extensive template library, AI copywriter, social media posting capabilities, and more, Ocoya is a game-changer for marketers. Explore Ocoya here: Ocoya🎙️ Spoken (formerly Rumble Studio): Elevate Your Podcasting GameSpoken is a comprehensive solution for podcast production and interviews. With features like the Interview Builder, Response Dashboard, and advanced group permissions, Spoken empowers you to seamlessly prepare and record interviews asynchronously. Elevate your podcasting game with Spoken.Ready to take your creative and business endeavors to new heights? Check out these fantastic products from AppSumo and grab the Black Friday deals before they're gone!EaseUS Video Kit: https://appsumo.8odi.net/EaseUSVidBigVu: https://appsumo.8odi.net/BigVuVoila: https://appsumo.8odi.net/VoilapluginVista Social: https://appsumo.8odi.net/VistaSocialappOcoya: https://appsumo.8odi.net/ocoyaappSpoken: https://appsumo.8odi.net/spokenSupport the show

Do you want to gain a comprehensive understanding of trading and make well-informed investment decisions? Wondering how you can achieve this desired outcome? It's time to break free from the cycle of ineffective actions that only lead to more pain and uncertainty. Let's embark on a journey of knowledge and guidance, where you can gain valuable insights into trading and investing to make informed decisions and achieve the financial success you desire.Join us on Average Joe Finances as our guest Anmol Singh shares the secrets of trading success and how to make wise investment choices.In this episode:Gain valuable insights into trading and investing strategies to make informed investment decisions.Learn how to maintain emotional control in trading to avoid making impulsive and costly mistakes.Understand the importance of mindset in finance and how it can contribute to your financial success.Explore the potential risks and rewards of cryptocurrency investment and make educated decisions in this market.And so much more!Key Moments:00:01:04 - Anmol Singh's Background00:02:03 - Start of Investing00:05:22 - Thoughts on Trading00:11:10 - The Importance of Education and Understanding the Market00:12:35 - Finding Your Trading Style and Mentor00:14:09 - Technical Analysis for Trading00:15:45 - Trading as a Psychological Journey00:18:58 - Understanding Emotions in Trading00:22:10 - Managing Emotions in Trading00:23:47 - Definition of Success00:26:41 - Well-Rounded Success00:27:01 - Trading Crypto00:29:39 - Bitcoin's Future00:33:47 - Getting Started in Investing00:35:15 - Making Money Work for You00:36:39 - The Power of Mindset Find Anmol Singh on:Website: https://livetraders.com/IG: https://www.instagram.com/deltaninety/Twitter: https://twitter.com/DeltaNinetyBook: http://preppingforsuccess.com/bookAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

You may already be taking actions such as investing in properties that align with your values, incorporating sustainable practices, or supporting local communities, but the impact you desire may still be eluding you. Instead, you may find yourself facing challenges such as difficulty finding suitable properties, encountering resistance from traditional real estate practices, or struggling to measure and communicate the social and environmental impact of your investments.Join us on Average Joe Finances as our guest Paul Moore shares the secrets to success in commercial real estate.In this episode:Discover the most effective real estate investing strategies to maximize your profits.Uncover the hidden benefits of investing in self-storage and how it can be a game changer for your portfolio.Learn about value-add opportunities in the self-storage industryExplore the untapped markets in real estate investing and find out how to tap into their potential for lucrative opportunities.And so much more!Key Moments:00:00:46 - Paul's Background and Transition to Real Estate00:03:13 - Value Investing in Real Estate00:06:30 - Success Stories in the Current Market00:08:25 - Shift in Capital Stack Strategy00:14:06 - Importance of Due Diligence and Partner Selection00:15:02 - Self Storage as an Attractive Investment00:17:51 - Value Creation in Self-Storage00:19:32 - Blue Ocean Strategy for Self-Storage Investments00:23:46 - Lack of Online Presence in Mom and Pop Self Storage Facilities00:27:19 - The Appalling Situation at the Wall00:28:03 - Making an Impact on the World00:29:22 - Fighting Human Trafficking Find Paul Moore on:Website: www.wellingscapital.comTwitter: twitter.com/PaulMooreInvestAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.

If you're frustrated and overwhelmed by working long hours and saving diligently but watching your early retirement dreams slip away, you're not alone. Many seeking financial independence get stuck in unfulfilling jobs or uncertain financial situations. You may be overspending, making poor investments, or not earning enough to save effectively. However, there's hope. By identifying and addressing your obstacles, you can achieve the freedom and fulfillment you desire.Join us on Average Joe Finances as our guest Walli Miller shares the art of starting small but dreaming big - learn how to save and invest wisely to create a work-optional lifestyle.In this episode:Gain financial freedom by finding the perfect balance between debt repayment and investing.Align your actions with your long-term goals to create a roadmap to success and early retirement.Discover the art of finding balance in all areas of your life and live a fulfilling retirement.Unlock financial independence through the power of financial education and the right mindset.And so much more!Key Moments:00:00:49 - Walli’s Background00:06:57 - Lack of Money Conversations00:08:55 - Cultivating Hustle Culture00:13:59 - Creating an Accessible Podcast00:15:23 - The Importance of Continuous Learning00:17:04 - Recognizing the Relationship with Money00:18:40 - Overcoming Money-Related Blocks00:21:57 - The Intersection of Numbers and Emotions00:27:15 - The Importance of Sinking Funds00:28:18 - Celebrating Small Victories00:29:26 - Spending Money on What You Value00:31:41 - Investing While in Debt00:34:23 - Finding a Balance00:40:41 - Aligning Actions with Vision00:41:51 - Balancing Work and Personal Life00:42:26 - Learning from Financial MistakesFind Walli Miller on:Website: https://financiallythriving.com/Instagram: https://www.instagram.com/financially_thrivingAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the Show.