50 Shades of Wealth - Confessions of a Real Estate Investor
12 episodes - English - Latest episode: over 3 years ago - ★★★★★ - 14 ratingsReal people, real confessions.The show where you'll learn the real estate investing secrets of the pros. Your host Sara Jung, CEO of Legacy Bloom Investments, LLC, and an Active and Passive Investor in Multifamily and Senior Living Real Estate Syndications across the U.S., pulls back the curtain and shows you how to build wealth with real estate investing.
Homepage Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Episodes
Yonah Weiss – Saving Thousands on Taxes Using Cost Segregation
November 12, 2020 19:00 - 22 minutes - 15.4 MB“Let’s say you had a $200,000 income and you had $100,000 of deductions, well, instead of paying taxes on $200,000, you’re now only paying taxes on $100,000. That creates a net, real cash value of how much you would have had to pay in taxes, and that's pretty significant. Again, over $500,000 is like ten x-ing your money!" - Yonah Weiss I’m joined this week by Yonah Weiss, a Business Director at Madison SPECS, a national real estate cost segregation leader. While at Madison, Yonah has ass...
John Fortes - How a College Basketball Referee Invested $70 Million In Multifamily
November 04, 2020 19:00 - 46 minutes - 30.9 MB“You mean to tell me that if I invest in one offering, I'm diversified? And, on top of that, I'm only sitting down and looking at it one time? Alright, cool, let me see the newsletters and distributions after that because I'm pretty much sold on that aspect!" - John Fortes I’m joined this week by John Fortes, Managing Director of The Fortes Company, a multifamily private equity investment firm. Looking for a passive income while refereeing high-level NCAA basketball games led John to dabb...
Jacob Ayers - How a First Rental Property Was Purchased at 25 Years Old
October 07, 2020 17:00 - 26 minutes - 18 MB“I wanted to build up enough cash flow to achieve financial freedom so that I could live life on my own terms. What that meant for me was, eventually getting to a point where I could replace my 'earned' income with 'passive' income, and the key to that, for me, was through cash-flow investment properties.” - Jacob Ayers I’m joined this week by multifamily real estate investor, Jacob Ayers. After earning a degree in Fire Protection and Safety Engineering at Oklahoma State University, Jacob...
Scott Maurer - How to Invest in Real Estate Tax Free with a Self-Directed IRA
September 30, 2020 20:00 - 30 minutes - 19.5 MB“A self-directed IRA just means that it's a retirement account. It's a tax-deferred retirement account where you can control exactly what you want to invest in rather than being limited by a bank or a brokerage firm.” - Scott Maurer We’re switching things up just a little bit this week and talking about one funding stream in particular for your real estate investments. My guest works with many of my current clients and helps them to better understand how a “self-directed IRA” can help them...
Brian Briscoe - Marine to Multifamily
September 23, 2020 17:00 - 29 minutes - 18.6 MB“He literally put his hand on my shoulder, and he's like, 'Brian, you don't need to be doing that...just find a partner and go big.' I'll use the seventh grade dance analogy, you now, your first dance in the seventh grade. There's a couple people in the middle dancing and everybody else is standing on the wall. That conversation basically took me from the wall to the dance floor.” - Brian Briscoe I’m joined this week by a dedicated Marine Corps Lieutenant Colonel-turned-real estate investo...
Chris Salerno - Finding Passion and Purpose in Everyday Life
September 16, 2020 17:00 - 34 minutes - 22.9 MB“I went back to an old game we played and it's called Monopoly. And I realized you don't broker real estate in Monopoly, you buy the land; you build wealth.” - Chris Salerno I’m joined this week by a really impressive young investor, the Founder and CEO of QC Capital, LLC, out of Charlotte, North Carolina, Chris Salerno. By the time Chris was 24, he had successfully transacted more than $40 million in real estate volume and helped lead his team to produce more than $140 million in annual...
Kimberly Marie – Physical Therapist Turned Real Estate Investor
September 09, 2020 16:00 - 34 minutes - 22.3 MB“What If I do that for a 10-unit building? What if I did it for a 20-unit building? What if I did it for a hundred-unit building? I can do the same amount of work, maybe a little bit more, for a LOT more return!” - Kimberly Marie My guest this week is physical therapist-turned-real estate investor, Kimberly Marie from Red Door Renovations, a luxury residential investment company focusing on the downtown neighborhoods of Indianapolis, Indiana. Kimberly was already embarking on her PT care...
Derek Clifford – Building a Real Estate Business While Working a Full-time Job
September 02, 2020 15:00 - 34 minutes - 23.2 MB“Understanding why you're doing this is the most important thing. Knowing that this business is a crockpot - this isn't a microwave business.” - Derek Clifford This week, I’m joined by my friend Derek Clifford, CEO of Elevate Equity. Not only is Derek a successful single- and multifamily real estate investor, having acquired 13 out-of-state units in his first year alone, but he’s built his portfolio while working a full-time W2 job! Derek is also (appropriately) author of the book, “Part...
Sunitha Rao – Tennis Olympian Turned Real Estate Investor
September 02, 2020 15:00 - 26 minutes - 16.3 MB“…there was so much more opportunity with real estate. A scalable business model could be built where I could work really hard at the beginning and then…basically be paid in perpetuity for the rest of my life.” - Sunitha Rao On this episode, I’m talking with a former professional tennis player, Olympian, and corporate finance professional – all of that before she started building a successful residential real estate investment company! In fact, Sunitha Rao has built a nine-door residential...
Vinney Chopra - From $7 to $360 Million with Multifamily Properties
August 19, 2020 19:00 - 38 minutes - 25.7 MB“…the biggest thing I would like to suggest to your audience is there is 28.7 trillion, $28.7 trillion in retirement funds in USA alone.” - Vinney Chopra This week, I pull back the curtain and introduce you to my mentor, Vinney Chopra, a real estate investor who currently owns and manages roughly $360 million in commercial, multifamily assets. The podcaster, author, and CEO of Moneil Investment Group shares his story of leaving his native homeland of India with just $7 in his pocket whil...
From $7 to $360 Million with Multifamily Properties
August 18, 2020 19:00 - 38 minutes - 25.8 MB“…the biggest thing I would like to suggest to your audience is there is 28.7 trillion, $28.7 trillion in retirement funds in USA alone.” - Vinney Chopra This week, I pull back the curtain and introduce you to my mentor, Vinney Chopra, a real estate investor who currently owns and manages roughly $360 million in commercial, multifamily assets. The podcaster, author, and CEO of Moneil Investment Group shares his story of leaving his native homeland of India with just $7 in his pocket whil...
Introduction
August 18, 2020 15:00 - 8 minutes - 6.12 MBWelcome to “50 Shades of Wealth – Confessions of a Real Estate Investor.” My name is Sara Jung and this podcast is a passion project – a platform to share everything my colleagues and I know about real estate investing. But we’re not going to sugarcoat things and present just the shiny, happy moments – though there are many. We’re going to be real. We’re going to discuss the good, the bad, and the ugly, because there’s more to real estate investing than just buying a property and raking in...