Learn Real Estate Investing | Lifestyles Unlimited
2,657 episodes - English - Latest episode: 4 days ago - ★★★★★ - 51 ratingsLifestyles Unlimited is a real estate investing education and mentoring group that walks people through the process of locating, evaluating, negotiating, closing, and long-term management of everything from single family homes to 600 + unit apartment complexes.
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Episodes
(May 30, 2019) Commit to Creating Passive Income
May 30, 2019 16:48 - 40 minutes - 37.5 MBDo you have commitments? Do you stick to your commitments? Are they the right commitments for you? Del discusses big commitments (or goals) he made and how they've impacted his life. He learned early on that if you have the right map for your goals and stick to the map, success is inevitable. Think about the big commitments in your life. If you haven't committed to creating passive streams of income for your family, now is the time to do so. Click to Listen Now
(May 29, 2019) The Disability Contingency Plan
May 29, 2019 22:12 - 39 minutes - 36.1 MBHere's a sobering fact. More than 25% of people in the U.S. will become disabled before they reach retirement age. You could very well be one of those people who has to rely on disability benefits for social support. It will barely be enough money to get by, though. Do you have a contingency plan? Your financial situation does not have to change simply because you are disabled and can no longer work. Al Gordon explains why investing in real estate is the perfect contingency plan. Click to ...
(May 28, 2019) Tell Del Tuesday “Successful Oracle Executive Quit Job to Create Real Estate Business” – Featuring LU Member, Rupa
May 28, 2019 23:11 - 40 minutes - 37.4 MBToday Del interviews Lifestyles Unlimited member, Rupa, from Dallas, TX. Rupa had something to prove. Growing up in Malaysia, her mother always told her there was no point in getting an education because she would end up in the kitchen. Hear how Rupa climbed the corporate ladder and then walked away from it all to invest in real estate. Click to Listen Now
(May 27, 2019) Single Family Deal Analysis
May 27, 2019 21:36 - 39 minutes - 36.1 MBAl Gordon walks listeners through the analysis of what Lifestyles Unlimited members view as their bread and butter - a 3 bedroom, 2 full bath single family house with good bones. Click to Listen Now
(May 27, 2019) Change Your Mindset
May 27, 2019 21:31 - 41 minutes - 37.6 MBStephen Covey coined the term abundance mindset in his 1989 bestseller, "The Seven Habits of Highly Effective People". Someone with an abundance mindset is an optimist and is genuinely happy for others when they achieve success. On today's show, Mike Harrison compares and contrasts the abundance mindset versus the scarcity mindset and explains why it is critical to have an abundance mindset as a real estate investor. Click to Listen Now
(May 25, 2019) Why Tim Swears by Lifestyles Unlimited for Real Estate Investing
May 25, 2019 19:03 - 39 minutes - 36.3 MBBefore joining Lifestyles Unlimited, Tim N. had four single family rental homes. But, there’s something he didn’t have as well: professionals he could rely on. From contractors to property managers, vendors continuously failed him or didn’t do the job at all. Host, Lorie Bass talks with him about the difference he’s experienced as a Lifestyles Unlimited member. Click to Listen Now
(May 24, 2019) Financial Freedom for America
May 24, 2019 19:48 - 40 minutes - 37.2 MBToday, we hear success stories of Lifestyles Unlimited members around the country with special insights provided by National Multifamily Mentor, JB Durham, and CEO/Founder, Del Walmsley. Click to Listen Now
(May 24, 2019) Del Walmsley’s Three Rules of Investing & Why They’re Important
May 24, 2019 19:13 - 39 minutes - 36.3 MBWarren Buffett buys businesses at wholesale prices and makes money while he sleeps. He does not lose money. Del Walmsley buys real estate fifty cents on the dollar and makes money while he sleeps. He does not lose money. If you think you are emulating the rich by risking your principle in the stock market or saving in a 401k, think again. Today, we explore Del's three rules of investing. This is not what you were taught in school and it never will be. Click to Listen Now
(May 23, 2019) The Income Gap Is Solvable
May 23, 2019 23:42 - 41 minutes - 37.6 MB"This problem [the income gap] is solvable" says host, Michael Soulek, but the solution may not be where you think it is. Believe it or not, upward economic mobility, in its strongest form, rests with the individual. Now, before you write that off as simply a trite remark, let Michael prove its significance on this show. From Apple CEO, Tim Cook, to Author, Napoleon Hill, Michael impresses upon us that individual choice and emulating successful people are the hallmarks of real growth. Nowhe...
(May 23, 2019) How Small Steps Add up in Real Estate Investing
May 23, 2019 19:28 - 39 minutes - 36.2 MBMost gurus will try to help you change your life over night with real estate. Shows on HGTV will teach you how to flip a home and make lots of fast cash. But, what everyone seems to miss are the stories of real estate investors who succeed because of their devotion to incremental change. For example, what about going from no passive income to $1k per month in a year? It's doable says host, Al Gordon. But, first you've got to get rid of an important road block: EXCUSES. Click to Listen Now
(May 22, 2019) Flipping Versus Investing in Real Estate
May 22, 2019 19:46 - 39 minutes - 36 MBWe get it. Shows like "Flip or Flop" and "Flip This House" make flipping houses look fun and lucrative. But, when compared to our investment model for leasing, they're neither. The main issue has to do with cutting yourself out of most of the five ways real estate can make you money. Al Gordon tells all! Click to Listen Now
(May 22, 2019) What’s Missing in a College Education
May 22, 2019 19:22 - 41 minutes - 38.1 MBMichael Soulek has some serious questions for today's colleges and universities. Are they preparing students to "think for themselves?" Are undergraduates gaining a "solid financial budget thought process?" What about "earning and saving skills" and "specialized knowledge?" He should know; he spent 25 years as a headhunter matching the skills of these graduates to the workplace. He also retired doing something college doesn't teach: real estate investing. Join Michael today for a college ed...
(May 21, 2019) Tell Del Tuesday “Why an Education in Real Estate Investing Matters” – Featuring LU Member, Bill F.
May 22, 2019 00:21 - 41 minutes - 37.6 MBMicheal Soulek interviews Bill F., an orthodontist from Orlando, FL. Bill knew that he didn't want to rely on his 401K for retirement. His dad was the original real estate investor in the family, and Bill knew that passive income from real estate investments was a good thing. When the market crashed in 2008, Bill decided to buy 9 single family rental houses without any education about best practices. Then he heard Del on the radio, and immediately knew that he would join Lifestyles Unlimit...
(May 20, 2019) Being Busy Versus Effective – Education is Key
May 20, 2019 23:32 - 39 minutes - 36.1 MBToo many people jump into real estate investing before understanding the process. They buy the wrong properties in the wrong areas with the wrong financing, which makes the entire process very hard. Al Gordon explains that investing in real estate can be easy. The key is to have the right education. Click to Listen Now
(May 20, 2019) Hard Money Loans
May 20, 2019 23:22 - 41 minutes - 37.6 MBOn today's show, Mike Harrison interviews Paul Starnes, a Lifestyles Unlimited member and Director of Business Development for Investmark Mortgage. Investmark Mortgage has been a Lifestyles Unlimited vendor for thirteen years. They provide hard money financing to real estate investors in the greater Dallas/Fort Worth area. Together, Mike and Paul explain hard money loans and give examples of how hard money loans maximize leverage for the real estate investor. Click to Listen Now
(May 18, 2019) Karen’s Paradigm Shift
May 18, 2019 19:32 - 39 minutes - 36.1 MBOn today's show, Lorie Bass interviews Lifestyles Unlimited member, Karen F. from San Antonio, Texas. Listen to Karen's story to hear how this passionate nurse and Air Force officer experienced a paradigm shift after she and her husband joined Lifestyles Unlimited as Preferred Investors. Karen and her husband are now successful real estate investors. They went from having to work for earned income to wanting to work because their real estate investments gave them financial freedom. Click...
(May 17, 2019) Living the Lifestyle
May 17, 2019 19:26 - 39 minutes - 36.2 MBHelping people live a lifestyle they would not attain by following the conventional approach to retirement is at the heart of what the Lifestyles Unlimited organization does. Follow along as Al Gordon walks through a virtual case study highlighting Lifestyles Unlimited member, Olivia, and her recent single family investment in San Antonio, Texas. The lifestyle is waiting for you. You just have to take action to make it happen. Click to Listen Now
(May 17, 2019) Kim Reaches Dream Home Status & Tells His Story of Reaching This Point
May 17, 2019 18:08 - 40 minutes - 37 MBCTX Multifamily Mentor, Kim McLean, shares all about evolving through his LU membership to achieve his and his wife’s dream home, fulfilling his promise to Lifestyles Unlimited, cultivating member success, and traveling the globe as an apartment owner. Click to Listen Now
(May 16, 2019) Stop Speculating in the Stock Market
May 16, 2019 23:13 - 41 minutes - 37.6 MBMichael Soulek wouldn't blame you if you pulled your money out the stock market to put it to work in another investment. Before you make such a big transition, you should do the following: have the discipline to self educate, find an investment opportunity, find a mentor, copy your mentor, and set aside your ego to allow your mentor to teach you. This is how Lifestyles Unlimited operates. New members learn from mentors who are successful real estate investors. Click to Listen Now
(May 15, 2019) Americans Are Living like Millionaires with a Middle Class Mentality
May 15, 2019 21:58 - 39 minutes - 36.1 MBAccording to the Federal Reserve, Americans surpassed $4 trillion of consumer debt this year. Making matters worse is that most individuals across the socioeconomic spectrum, in generations spanning from the Silent Generation to the Millennial Generation, are systemically unprepared to retire. This begs the question: are Americans living like millionaires with a middle class mentality? The research cited by Al Gordon on today's show seems to suggest yes. Click to Listen Now
(May 15, 2019) Enjoy Life While You Are Still Young
May 15, 2019 19:13 - 41 minutes - 38.2 MBWould you rather retire in the next 2-5 years or 20-40 years? Lifestyles Unlimited members prefer to retire in 2-5 years and are successful in doing so thanks to their real estate investments. Michael Soulek explains how. Listen to hear the hype end and the help begin. Click to Listen Now
(May 14, 2019) Tell Del Tuesday “MBAs in Real Estate Investing” – Featuring LU Members, Matt & Candida
May 14, 2019 19:25 - 39 minutes - 35.9 MBMatt and Candida were looking for a way to diversify their stock investments and decrease their tax bill. They decided to join Lifestyles Unlimited and received an MBA-level education on how to invest in real estate. They are now successful real estate investors in their own right having acquired 8 single family rental homes and are passively invested in 10 multifamily apartment deals. The cherry on top is that Matt is now retired from his job. Click to Listen Now
(May 13, 2019) The Stock Market Versus Residential Real Estate
May 13, 2019 17:29 - 41 minutes - 37.6 MBYou can "enjoy" the roller coaster ride of the stock market (over which you have no control) or you can invest in tangible assets like real estate where you have the ability to negotiate price, control the asset, and reposition the asset so that it makes money. Did you know that residential real estate investments make you money in five different ways? In contrast, the stock market only makes you money one way. With today's market volatility, Al Gordon is here to tell you that you should se...
(May 12, 2019) Stay-At-Home Mom Turned Real Estate Investor – Featuring LU Member, Tricia M.
May 12, 2019 20:44 - 39 minutes - 36.2 MBNo story breaks the conventional mold of society like this one. Tricia M., a stay-at-home mom of four with no college degree, did the unimaginable with real estate, and today she tells Host, Lorie Bass all about it! Don't. Miss. This. Episode. Click to Listen Now
(May 11, 2019) Pay Off Student Loans by Investing in Real Estate
May 11, 2019 20:50 - 39 minutes - 36.1 MBOver 44 million people have student loan debt totaling $1.5 trillion! Student debt doesn't have to delay your financial goals, though. Andy Webb, the host of today's show, has a radical solution to the student debt problem. If you have student debt and you're a homeowner with equity in your home, consider using a cash-out refinance loan to pull the equity out of your home as cash. Use that cash not to pay down your student loan debt as many might be tempted to do. Instead, buy single family...
(May 10, 2019) The Do-It-Yourself Fallacy
May 10, 2019 20:00 - 40 minutes - 37.1 MB“How do you get yourself into a situation where you don’t even know what you don’t know? Well, that’s every new thing you ever tackle in life,” says Del illustrating the importance of mentorship and education from people who do. On this show, Del Walmsley tackles the DIY life, bringing front and center the problems associated with this approach to success, namely that most end up nowhere near where they planned. Click to Listen Now
(May 09, 2019) Who is in Control of Your Money?
May 09, 2019 21:27 - 39 minutes - 36.1 MBTake a moment to seriously consider who is in control of your money. You may control the money in your checking and savings accounts, but let's consider the money in your 401(k). You are not in control of your 401(k) money. It is subject to the volatility of the stock market. On today's show, Al Gordon explains why investing in residential real estate gives you more control over your investment dollars than those dollars that are invested in a 401(k). Click to Listen Now
(May 09, 2019) Use Real Estate to Join the Top 10% of U.S. Income Earners
May 09, 2019 18:14 - 41 minutes - 37.6 MBAccording to the Economic Policy Institute, the threshold for the top 10% of U.S. income earners in 2017 was $118,400. You may have just mentally assessed how you might get to this number by trading more of your time or by making investments that really only earn money one way. According to Michael Soulek, both of these ideas miss the point of what you need to do to hit this level of income. Today, we explore the third option: finding investment vehicles like real estate that earn money mul...
(May 08, 2019) How to Save & Invest in Real Estate
May 09, 2019 02:19 - 39 minutes - 36.2 MBNo matter your income level, you can invest in residential real estate. On today's show, Al Gordon shares 10-year plans for setting aside savings and buying rental houses or becoming a passive investor in multifamily deals. Whether your income is $50,000 or $150,000 it can be done! The Lifestyles Unlimited map will show you the way. Click to Listen Now
(May 08, 2019) The Retirement Do-Over
May 08, 2019 21:37 - 41 minutes - 37.6 MBOne of the great things about an investment model that can retire you in five years or less is that it can help you if you need a retirement do-over. Today, Michael Soulek has a roadmap for those who've woken up to retirement plans that have gotten off track. Join in as he shows you how, with Lifestyles Unlimited tools, to purchase a single family rental home and start your do-over today. Click to Listen Now
(May 07, 2019) Tell Del Tuesday “Buy The Rental Home First” – Featuring LU Members, Corey & Candice
May 08, 2019 01:03 - 41 minutes - 37.6 MBCorey and Candice were engaged when they came across Lifestyles Unlimited, and as it turns out, they closed, rehabbed, leased, and refinanced their first single family rental property in the months leading up to their wedding... ahead of buying a primary residence for themselves. But, when you look at where they are now, just five years after joining, you might do the same. Click to Listen Now
(May 06, 2019) Your Retirement Plans
May 06, 2019 20:03 - 39 minutes - 36.1 MBWhat are your plans for retirement? Are you setting aside savings in an investment program like a 401(k), IRA, TSP, etc? Did you know that, after working 30-40 years, most people wish they had set aside more savings? Al Gordon is here to tell you that you don't have to be like most people. You don't have to depend on 401(k)s, IRAs, and pensions for your retirement. Real estate investments belong to an asset class that makes you money in five different ways so that you can replace your earne...
(May 05, 2019) The Truth About Pensions
May 05, 2019 18:22 - 39 minutes - 36.2 MBAl Gordon discusses the history of pension plans and how they've been diluted over the years, especially for military personnel, policemen, firemen, and teachers. If you're depending on pension income to carry you through retirement, it's time to think about Plan B. As a retired military veteran, Al receives not one, but two pensions, and knows first hand that his pension money does not begin to cover his expenses. That's why he turned to real estate investing. Listen to the entire show to ...
(May 02, 2019) How to Build a Great Lifestyle
May 02, 2019 21:59 - 41 minutes - 37.6 MBLifestyles Unlimited is an education and mentoring group for real estate investors founded by Del Walmsley. Any member will tell you that education, networking and relationship building, and having a mentor allowed them to become successful real estate investors and build an extraordinary lifestyle. Listen as Michael Soulek describes how Lifestyles Unlimited takes people by the hand and teaches them how to invest in real estate. Click to Listen Now
(May 01, 2019) The Five Laws of Gold
May 01, 2019 21:50 - 39 minutes - 36.1 MBOn today's show, Al Gordon discusses the five laws of gold (i.e., money) from Richard Clason's classic 1926 book, The Richest Man in Babylon. The lessons from this book are timeless because the needs of man and the laws of money never change. Del Walmsley, the founder of Lifestyles Unlimited, realized this when reading the book and decided to incorporate its basic financial tenants into the map that Lifestyles Unlimited members follow when making real estate investments. Listen to the enti...
(May 01, 2019) Create the Environment to Change Your Life in Five Years or Less
May 01, 2019 17:07 - 41 minutes - 37.6 MBNo matter your occupation, you stand to earn a lot of money over your lifetime. But, you don't stand to keep much of what you earn. It's no wonder then that we don't get to hang up our hats from work when we feel the time has arrived. No doubt, this is the environment we live in. But, in response, we can create an environment of our own. The focus should be to create an "asset base" to grow your wealth, "a family office," says Michael Soulek, and with real estate, this is a lot easier than ...
(April 30, 2019) Tell Del Tuesday “Real Estate Investing – Independence from the Working World” – Featuring LU Member, Kelley S.
April 30, 2019 17:54 - 41 minutes - 37.6 MBInitially, Kelley invested in real estate on the side to supplement her retirement savings. But, when a high-risk pregnancy of her special-needs child required additional doctor's appointments away from her job, she was demoted into a dead-end position. That's when she knew she would "have to go full force into real estate" and that Lifestyles Unlimited would provide the support to do so. Click to Listen Now
(April 29, 2019) Leadership Tips for Real Estate Investors
April 29, 2019 20:09 - 40 minutes - 37.5 MBToday, Al Gordon focuses on qualities that make someone a great leader. Leadership is the ability to influence, motivate, and enable others to contribute to your goal attainment. It is important to take stock of your leadership abilities or lack thereof because adopting a leadership mindset can help you attain goals you were previously unable to accomplish. Listen further to hear leadership tips that will help you change your life for the better. Click to Listen Now
(April 28, 2019) Retire the Lifestyles Unlimited Way
April 28, 2019 19:57 - 39 minutes - 36.2 MBAl Gordan is here to tell you that you don’t have to work in a job for 30, 40, or 50 years before you retire. If you want to own your time, you must educate yourself and understand the different investment vehicles that allow you to save for retirement. They are not all equal. Did you know that investing in single family or multifamily residential real estate can get you to retirement in five years or less when done correctly? It does take education and effort, but it can be done! Listen to...
(April 25, 2019) Flipping the Switch to an Outstanding Life Through Real Estate Investing
April 25, 2019 19:32 - 40 minutes - 37.4 MBHost, Michael Soulek, discusses how to flip the switch from an average life to an outstanding life simply be investing in real estate. What does flipping the switch really mean? It means being willing to change the way you save for retirement. Listen further to learn how real estate investing can give you an unlimited rate of return and an outstanding life! Click to Listen Now
(April 24, 2019) False Evidence Appearing Real – FEAR
April 24, 2019 19:22 - 39 minutes - 36.1 MBWe all experience fear. It is part of the fight or flight impulse that is fundamental to our behavior. Today, Al Gordon discusses many of the fears that hold people back from investing in real estate; fears about toilets, taxes, and tenants. It’s time to face these fears head on! Listen to the entire podcast to learn how Lifestyles Unlimited helps you overcome fears about investing in real estate through education, training, and mentorship. Click to Listen Now
(April 24, 2019) Find the Rudy in You
April 24, 2019 18:03 - 40 minutes - 37.5 MBWhat is your belief in yourself really worth? Is it worth getting turned down 50 times in a row only to succeed on the 51st try? Rudy Ruettiger would say yes, having applied 50 times to Notre Dame only to get in on the 51st try. Today, Michael Soulek blocks out the naysayers and the told-you-so's with the powerful story of Rudy Ruettiger, the unlikely defensive end who played only two snaps for Notre Dame, but captured the attention of the entire nation. Click to Listen Now
(April 22, 2019) Two Concepts You Should Know to Retire Wealthy
April 22, 2019 18:32 - 41 minutes - 37.6 MB"Pay yourself first" and "don't kill the golden goose..." The first concept was popularized by George S. Classon's "The Richest Man in Babylon," as a way for people to automate and ensure success in saving money. The second idea, apart from a reference to an age-old fairy tale, is a foundational approach to investing, promoted by Warren Buffet, which seeks to preserve the principal at all costs and live off of cash flow. Together they form the single best method for retiring wealthy. Clic...
(April 21, 2019) Your 401(k) at Its Best Is Still Beat by Real Estate Investing
April 21, 2019 17:30 - 39 minutes - 36.2 MBAl Gordon crunches the numbers on the absolute best-case scenario for maxed out 401(k) contributions and employer matching over a 30-year period using the IRS' updated 401(k) contribution limits for 2019. He reveals that even the casual real estate investor will be better off investing in real estate rather than investing in the 401k. Click to Listen Now
(April 19, 2019) Actual Retirement vs. Paying into the Retirement Industry
April 19, 2019 21:13 - 40 minutes - 36.7 MBThe total retirement assets of the U.S. citizenry is in the trillions. This means that at the same time you’re looking for the best retirement option out there, the industry itself, in all its governmental systems, 401k’s, IRA’s, financial advisory firms, etc., is looking at you. You’re the meal ticket. “We should be saving more,” the industry says…naturally. Del has a different message entirely. Click to Listen Now
(April 18, 2019) Retiring with Real Estate Is About Developing Effective Habits & Processes
April 18, 2019 19:35 - 41 minutes - 37.5 MBHow do you think Tiger Woods won the 2019 Masters Tournament after not winning for 11 straight years? How do you think Del Walmsley retired two and a half years after investing in real estate after losing most of his net worth on Black Monday? The habits and processes they ingrained in themselves set them up to succeed. Michael Soulek shows how everyday people can do this too with real estate. Click to Listen Now
(April 17, 2019) Lifestyles Unlimited Members Do More with Real Estate
April 17, 2019 21:18 - 41 minutes - 37.6 MBWhat Del Walmsley created with Lifestyles Unlimited is a way to hone the art form of real estate investing. Today, Michael Soulek talks about the best practices that emerged as a result of the open networking environment, the precise education and mentoring, and the clear map that Del developed. "The art of the Del," as Michael calls it, is that missing ingredient you won't find from even the most well-known real estate gurus. Click to Listen Now
(April 17, 2019) The Middle Class Mindset vs. The Millionaire Mindset
April 17, 2019 17:48 - 39 minutes - 36.1 MBTo understand more about the millionaire mindset, you may be surprised to know that it's best to learn more about the middle class mindset first. This has to do with a simple mantra we can all recite in our sleep: get into a good "college" to get a well-paying "job," so you can retire by... You get the picture. It's a lifetime commitment. But, what if retirement came in a five-year timeframe instead? That would change everything wouldn't it? Al Gordon tells all about how our members make th...
(April 16, 2019) Tell Del Tuesday “Education & Mentoring Helped This Family Jump Into Real Estate” – Featuring LU Member, Mark D.
April 16, 2019 19:24 - 40 minutes - 37.2 MBLet Mark tell you how Lifestyles Unlimited membership kickstarted a family legacy of real estate investing. Click to Listen Now
(April 15, 2019) Why Financial Planners Lost Madeline’s Confidence
April 15, 2019 23:04 - 41 minutes - 37.8 MBMadeline got fed up with her retirement guidance as it became obvious no amount of financial advisors would change the endless roller coaster of the family nest egg. At a loss, she asked what could be done to better secure family funds during economic downturns. The answer she got serves to tell you all you need to know about the current state of affairs of financial planning. Could this money be better off in her hands? As it turns out, yes. Click to Listen Now