Replace Your University
118 episodes - English - Latest episode: 6 days ago -This podcast is dedicated to helping homeowners pay off their home faster using a Home Equity Line of Credit and to pay way less mortgage interest than with the traditional 15 and 30 year mortgages they are sold. Sound too good to be true? Maybe. All we ask is you listen in as your podcast host Matt Workman talks with HELOC expert Michael Lush on the different aspects of how this strategy works and why the banks don’t want you to know about it. Each episode will share more details about using a HELOC as well as featured success stories from clients of Replace Your Mortgage. If you have a mortgage and you have looked at your principal not really lowering as fast as you would like, there is a reason for that. We cover how the debt cycle with mortgages keeps repeating itself and leaves the borrower paying double for their house and in debt until retirement age. If you want to pay off your biggest debt and be able to spend more time with your family, this podcast is for you.
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Episodes
#89 - 7 Critical Questions Every HELOC User Should Answer
April 25, 2024 10:00 - 18 minutes - 33.8 MBIn this episode of the Replace University Podcast, host Michael Lush dives into the benefits of using Home Equity Lines of Credit (HELOCs) versus traditional mortgages, focusing on their flexibility and strategic advantages. He presents seven essential questions to consider for maximizing a HELOC's potential, including choosing the right interest rate index, employing offset accounting for interest savings, and leveraging HELOCs with other financial products for wealth creation. Lush also ex...
#88 - Michael Lush and Derrick Minyard on Investing Smarter with Home Equity
April 18, 2024 10:00 - 26 minutes - 49.4 MBIn this episode of the Replace University podcast, Michael Lush is joined by Derek Minyard, who shares his enlightening experience with Home Equity Lines of Credit (HELOC), detailing how it revolutionized his financial strategy and real estate investments. Through Derek's journey, listeners learn about the advantages of HELOCs, including various rate options and the potential for significant returns through savvy banking and investment tactics. Additionally, Derek introduces his company, Fim...
#87 - Bulletproof Your Finances with the 'Create Your Own Economy' Workshop
April 11, 2024 10:00 - 9 minutes - 17.3 MBIn this episode of the Replace Your University podcast host Michael Lush introduces the "Bulletproof Financial Blueprint," a transformative strategy designed to empower individuals to create their own economy. Detailing a five-night virtual workshop, Lush outlines a comprehensive plan that includes unlocking hidden capital through the "Buried Treasure Detection System," optimizing cash flow outside the conventional banking system, leveraging alternative debt structures with the "Debt Ninja S...
#86 - Why Smart Homeowners Are Choosing HELOCs Over Mortgages
April 04, 2024 10:00 - 9 minutes - 8.76 MBIn this episode of the Replace Your University podcast (clipped from episode 40), the discussion centers around Home Equity Lines of Credit (HELOCs) 's effectiveness and flexibility over traditional mortgages. Michael critically examines common misconceptions about HELOCs, emphasizing their potential benefits for certain financial strategies, including cash flow management and the possibility of lower interest costs over time. The episode challenges the traditional mortgage approach through ...
#85 - The Art of High-Yield Investments with Devon Johnson
March 28, 2024 10:00 - 20 minutes - 38.3 MBIn this episode of the RYU podcast, the focus is on the Capital Club and Dark Horse Capital, platforms linking investors with capital to high-yield, passive investment opportunities. Host Michael Lush is joined by his guest, Devon Ryan Johnson, the CEO of Dark Horse Capital. Known as the "capital queen," she shares her evolution from real estate to a central role in connecting investors with diverse deals, including real estate, digital assets, and even unique ventures like private islands a...
#84 - How to Build a Bulletproof Financial Blueprint
March 21, 2024 10:00 - 10 minutes - 9.73 MBIn this episode of the Replace University podcast, Michael Lush demystifies the "Flow of Money," detailing strategies for financial efficiency and growth. Lush transitions from Replace Your Mortgage to broader financial education, covering tactics from leveraging home equity lines of credit for cash flow management to investing in insurance for tax benefits and diving into real estate and day trading for wealth accumulation. He introduces a comprehensive blueprint, emphasizing the importanc...
#83 - How Home Equity Agreements Prey on the Desperate
March 14, 2024 10:00 - 14 minutes - 13.2 MBIn this episode of the Replace University podcast, host Michael Lush explores the intricacies of Home Equity Agreements, a financial product distinct from traditional home equity loans or lines of credit. Lush delves into why these agreements have become popular among companies, highlighting their profitability and potential consumer risks and drawbacks. He shares a personal experiment with a home equity agreement to demonstrate the terms, conditions, and the significant cost it can entail, ...
#82 - The Millionaire Mindset Part 2
March 07, 2024 18:29 - 8 minutes - 15.7 MBIn today's episode, Michael Lush contrasts the financial strategies of millionaires with those of the middle class, emphasizing the importance of embracing calculated risks, continuous learning, and innovative thinking for wealth accumulation. Millionaires diversify investments and leverage others' money, such as through day trading and real estate, to maximize returns while also prioritizing ongoing education beyond traditional schooling. The narrative underscores the necessity of a growth ...
#81 - Thinking Like a Millionaire in Times of Change
February 29, 2024 11:00 - 8 minutes - 16 MBIn today's podcast episode, Michael Lush explores the mindset and strategies that differentiate millionaires from the middle class, focusing on long-term thinking, discipline, and embracing change, particularly in the context of technological advancements like artificial intelligence. Michael highlights how millionaires leverage downturns to compound wealth and constantly seek personal and professional growth and improvement. In contrast, the middle class often focuses on short-term survival...
#80 - Critical Perspectives On Wealth, Faith, and Diversity PART 2
February 15, 2024 11:00 - 34 minutes - 46.9 MBIn Part 2 of their discussion, Michael Lush and Cody Hutchin continue to tackle complex topics, including societal changes, political viewpoints, and the importance of personal and financial freedom. They delve into contemporary issues like taxation, government policies, and the effects of diversity and inclusion initiatives. Moreover, they explore the role of emotional intelligence in personal and professional settings, emphasizing the importance of vision, goal setting, and execution. This...
#79 - Critical Perspectives on Wealth, Faith, and Diversity with Cody Hutchin
February 08, 2024 11:00 - 26 minutes - 24.6 MBIn part 1 of this thought-provoking episode, Michael Lush is joined by RYU's new Sales Manager, Cody Hutchin. Together, they dive deep into the intersections of wealth, faith, and societal norms. They explore the moral and ethical implications of taxation, the prosperity gospel, and how these beliefs shape our views on wealth distribution. Additionally, the duo critically examines the impact of diversity, equity, and inclusion initiatives on corporate performance and societal cohesion. Join ...
#78 - Fortunes Lost and Fortunes Gained: The Vanderbilts vs. Rockefellers Saga
February 01, 2024 11:00 - 2 minutes - 2.73 MBIn this episode of RYU Podcast, Michael Lush delves into the intriguing story of the Vanderbilts and Rockefellers, exploring how their wealth evolved over time. Drawing a stark contrast between the two families, he reveals that while the Vanderbilts, once worth a staggering $105 billion in today's dollars, lost their fortune, the Rockefellers thrived through a strategic banking system involving insurance. Michael shares a valuable lesson on wealth protection and growth and invites us to expl...
#77 - Who I Like To Follow On Social Media
January 25, 2024 12:00 - 2 minutes - 1.87 MBIn today's episode of RYU Podcast, Michael shares insights on how he curates his social media feed to ensure it's not only business-related but also beneficial for his mindset and even kid-friendly. Offering a glimpse into his social media strategy, he lists top influencers and content creators he follows for valuable information and entertainment. Teaching how you can pay your mortgage off in 5 years or less. Here's how. 👇🏼 https://bit.ly/49mp10e To start building the life you want: htt...
#76 - Charge According To Your Worth
January 18, 2024 11:00 - 2 minutes - 1.95 MBIn this episode of RYU Podcast, Michael reflects on a valuable lesson from a marketing mentor in 2014. This mentor emphasized the importance of charging what you're truly worth, especially when offering a service that saves people significant amounts in mortgage interest. Michael shares a simple but impactful insight: don't be afraid to put a higher price tag on your worth, avoiding the race to the bottom of the market. So, whether it's adjusting your pricing or implementing strategic moneti...
#75 - Teen's $160,000 Chicken Tractor Side Hustle
January 11, 2024 11:00 - 3 minutes - 3.6 MBIn this follow-up video, I address the comments and questions from my viral short about a 17-year-old who successfully built and sold 400 chicken tractors, grossing $160,000 in a year. I clarify the misconceptions about the profitability of this venture, explaining that despite the costs of materials, the young entrepreneur still made a significant profit. This video is a testament to the young entrepreneur's hard work and efficiency in his side hustle. It shows that with the right hustle an...
#74 - Reverse Engineering a 5-Year Plan
January 04, 2024 16:00 - 6 minutes - 6 MBIn today's episode of RYU Podcast, Michael explores a unique mindset, revealing the intriguing habit of purchasing lottery tickets when the jackpot surpasses 300 million dollars. Michael explains how this ritual serves as a mental exercise, prompting him to envision a life of abundance and contemplate the possibilities of immense wealth. The episode delves into Michael's aspirations, from secret acts of generosity to ambitious five-year plans involving dream homes and properties. Teaching h...
#73 - Questioning Beliefs Atheism to Faith
December 28, 2023 16:00 - 11 minutes - 10.3 MBIn this episode of RYU Podcast, Michael is joined by Michael Cocchini, and they dive deep into the profound topics of life's meaning, consciousness, and Christianity. Join us as we explore the depths of these intriguing subjects and uncover insights that may reshape your perspective. To start building the life you want: https://replaceyouruniversity.com/ Follow Replace Your University on Instagram: https://www.instagram.com/the_realryu/ Join Us on Facebook: https://www.faceboo...
#72 - Impact of Interest Rates Recession and Financial Opportunities
December 21, 2023 16:00 - 6 minutes - 6.34 MBIn this episode, Michael is joined by Chris Payne from University Lending Group and they delve into how their clients are navigating the challenges of rising interest rates, the recession, and inflation. Surprisingly, the short answer is that they're not losing sleep over it. Tune in to discover how having a First Lien HELOC has proven to be a game-changer, alleviating the stress that many are grappling with amid the current economic landscape. To start building the life you want: https:/...
#71 - Maximizing Home Equity with a HELOC
December 14, 2023 16:00 - 6 minutes - 5.63 MBIn this episode of RYU Podcast, Michael explores the key to being both house-rich and cash-rich: a First Lien HELOC. Leveraging his mortgage expertise, he emphasizes the game-changing liquidity of a home equity line of credit, providing easy 24/7 access to equity. Real-life examples highlight its effectiveness during economic challenges like the pandemic. The episode concludes with insights into using liquidity for seizing opportunities and building wealth, making it essential listening for ...
#70 - Productive Delegation
December 07, 2023 16:00 - 2 minutes - 2.63 MBIn this episode for RYU Podcast, Michael encourages a shift in mindset towards business expansion and efficiency. Using a personal example, he highlights the case of a successful account executive who, despite reservations, is contemplating scaling his monthly live events. Michael emphasizes the importance of thinking creatively and embracing the idea of one's own enterprise, suggesting that many tasks, from appointment handling to onboarding, can be delegated to streamline processes. By opt...
#69 - Money Making Getaway
November 30, 2023 16:00 - 2 minutes - 2.63 MBIn this episode of the RYU podcast, Michael shares a clever hack on turning an Airbnb stay into a profitable venture. Rather than just paying for a luxury Airbnb rental, he unveils a creative approach to not only enjoy a lavish eight-bedroom, nine-bath home in Franklin but also make money from it. Exploring the idea of hosting a three-day mastermind, Michael plans to invite five to six couples to join him and his team for a life design session, delving into topics like real estate investment...
#68 - A Deep Dive into Financial Success
November 23, 2023 16:00 - 1 hour - 109 MBIn this episode of RYU Podcast, Michael discusses the concept of "Replace Your Mindset" and how it can have a lasting impact on one's life. He describes their daily routine of waking up early, taking a cold shower, making their bed, and engaging in physical training. By following this routine, he believes you can achieve more before 9 a.m. than most people do in an entire day. Michael also emphasizes that this mindset extends beyond business and physicality, prompting him to question what ...
#67 - Unlocking The Bank-Owned Life Insurance Mystery
November 16, 2023 16:00 - 3 minutes - 3.09 MBIn this episode RYU Podcast, Michael gets into the nitty-gritty of life insurance and what the big banks are up to. Now, Dave Ramsey, you've probably heard of him, he's been pretty adamant that banks don't touch permanent life insurance with a ten-foot pole. But before you take his word for gospel, let's think about this for a sec. Do you reckon Dave knows more about money than the big banking giants? I mean, banks own skyscrapers, and we own little houses, right? So, what's their secret s...
#66 - 8 Life Changing Tips
November 09, 2023 16:00 - 4 minutes - 4.02 MBIn this episode RYU Podcast, Michael dives into the game-changers for a better life. I know, I know, it's a lot to remember, so be sure to hit that save button or shoot this to your bestie. First up, no more complaining. Instead, let's be solution-seekers. Then, toss out the blame game and own your story. We've all been there, right? Next, let's talk staying cool as a cucumber. No need for shouting matches and find that common ground instead. Oh, and humble pie? It's on the menu. No need...
#65 - Escaping The Mortgage Trap
October 26, 2023 16:00 - 7 minutes - 6.82 MBIn today's episode of RYU Podcast, we explore Michael's journey into the world of mortgages, where he learned that mortgages are like "financial crack" for the middle class. He was introduced to this idea by a mentor, Edmund Fontana, which led him to embark on a mission to transform the mortgage industry. Inside the episode, he talks about the power of embracing change and pursuing one's passion. Edmund's journey serves as an inspiring example of what's possible when you step out of your com...
#64 - Wealth, Debt, and Heart Posture: A Christian Perspective
October 19, 2023 16:00 - 10 minutes - 9.62 MBIn this episode, Michael and Derrick engage in a thought-provoking conversation about wealth, debt, and the Christian perspective on money. They delves into the misconceptions around money, debt, and the role of finances in society. Michael and Derrick touch upon biblical references, debunking the myth that money is a sin and stresses that the focus should be on one's heart posture—whether it's to accumulate wealth for personal gain or to bless others and make a positive impact. To start bu...
#63 - From Middle Class Mortgage Trap to Real Estate Empire (RECAST)
October 12, 2023 16:00 - 7 minutes - 6.82 MBIn today's episode of RYU Podcast, we explore Michael's journey into the world of mortgages, where he learned that mortgages are like "financial crack" for the middle class. He was introduced to this idea by a mentor, Edmund Fontana, which led him to embark on a mission to transform the mortgage industry. Inside the episode, he talks about the power of embracing change and pursuing one's passion. Edmund's journey serves as an inspiring example of what's possible when you step out of your com...
#62 - Supercharging Your Mortgage Strategy (RECAST)
October 05, 2023 12:00 - 12 minutes - 11.2 MBIn today's episode, Mike gives us an intriguing strategy for mortgage refinancing that many people may not be aware of. He shares his personal experience and a conversation he had with a mortgage lender about using a home equity line of credit (HELOC) to refinance his mortgage. He discusses the advantages of this approach and highlights the importance of understanding different strategies when it comes to personal finance. To start building the life you want: https://replaceyouruniversity...
#61 - Overcoming Fear of Home Equity Lines of Credit
September 28, 2023 16:00 - 6 minutes - 6.01 MBIn this episode, Michael addresses the common fear associated with home equity lines of credit (HELOCs) and how our perception of change can influence our financial decisions. He emphasizes that change, including transitioning from mortgages to HELOCs, can either be perceived as a threat or an opportunity. Drawing a distinction between the middle class and millionaires, Michael explains how the rich view change as a chance to learn and grow, while the middle class may see it as a risk. To s...
#60 - Unleashing Your Potential to 10x Results
September 21, 2023 16:00 - 5 minutes - 4.78 MBIn this episode, Michael talks about the concept of 10xing your results, challenging the conventional idea that doubling your efforts leads to a linear increase in profits. Instead, he emphasizes the power of expansive thinking and breaking free from limiting beliefs. Using a real estate example, Michael demonstrates how a shift in perspective can multiply your outcomes. He tackles common limiting beliefs such as scarcity and complexity and highlight the importance of an abundance mindset an...
#59 - The Credit Score Conundrum: HELOC Eligibility Unveiled
September 14, 2023 16:00 - 3 minutes - 3.4 MBIn this episode, Michael tackles a common question: What credit score is needed to qualify for a Home Equity Line of Credit (HELOC)? HELOCs operate in a more flexible and less regulated space compared to mortgages, making credit score requirements highly variable among lenders. While some credit unions may not have strict minimum scores and use their own scoring systems, larger banks often demand higher credit scores due to their brand reputation. In Michael's view, a credit score of 680 or ...
#58 - From 'I Should' to 'I Did
September 07, 2023 16:00 - 6 minutes - 5.73 MBIn this episode, Michael draws a powerful analogy between sports and financial mindset, emphasizing the distinction between playing to win and playing not to lose. Reflecting on a high school basketball game, he illustrates how solely focusing on defense, whether in sports or finances, can hinder success. Michael encourages considering a home equity line of credit (HELOC) to accelerate mortgage payoff but also stresses the importance of going on the financial offense, learning to manage risk...
#57 - How to Resist Buyer's Temptation (RECAST)
August 31, 2023 16:00 - 8 minutes - 8.18 MBIn this episode, the Michael dives into the strategy of replacing mortgages with home equity lines of credit (HELOCs). He starts by emphasizing the importance of having a healthy budget to manage finances effectively. Then, explains the concept of replacing your existing mortgage with a first lien position HELOC, providing a step-by-step breakdown of how this works. The third key point is about utilizing the HELOC as your primary operating account, which allows for flexible movement of funds...
#56 - Transformative Financial Success with Rick Campione
August 24, 2023 16:00 - 49 minutes - 45.3 MBIn this episode, we delve into Rick's journey from financial uncertainty to thriving real estate investments. Discover how a change in mindset and the application of unconventional financial strategies transformed Rick's financial landscape. We discuss the power of leveraging equity, the value of embracing new opportunities, and the importance of becoming a lifelong learner. Tune in to gain valuable insights and practical advice for achieving your financial goals.
#55 - The Hidden Value of Subscription-Based Businesses
August 17, 2023 16:00 - 1 hour - 56.6 MBIn this episode, hosts Michael Lush and Hector Gonzalez share an inspiring and insightful conversation about the importance of building a legacy through strategic business models. Hector, a seasoned entrepreneur, opens up about his challenging upbringing in the Bronx, growing up amidst gangs, crime, and single-parent households. He reveals how this early life experience shaped his mindset and values as he embarked on a journey to success.
#54 - Creating Your Own Economy: The Power of Homesteading
August 10, 2023 16:00 - 17 minutes - 16.4 MBIn this episode, Michael delves into an unconventional approach to creating one's own economy through the concept of homesteading. Sharing his personal experience, Michael discusses the journey he embarked upon when he and his family purchased a 90-acre former cattle farm, which they transformed into a self-sustaining homestead. Michael explains the distinction between a working farm and a homestead, highlighting the challenges and limitations associated with operating a farm for income pur...
#53 - How Millionaires Work for Profits and Prosperity
August 03, 2023 16:00 - 24 minutes - 22.2 MBIn this episode of the Replace University podcast, host Michael Lush delves into the insightful book "The Top 10 Distinctions Between Millionaires and Middle Class" by Keith Cameron Smith. Michael shares three essential books by the author and highlights the relevance of their content even today.
#52 - The Psychology of Persuasion and Sales with Cierra Lueck
July 27, 2023 16:00 - 1 hour - 63.1 MBIn this episode of the Replace Your University podcast, Mike is joined by the dynamic Sierra Lueck, who has a fascinating story to share. Sierra is an expert in transforming Facebook groups into thriving communities and monetizing them effectively. She reveals her secret to turning brands into movements and explains how she helps businesses diversify their income streams by amplifying their existing offers.
#51 - Breaking the Mold: Maximizing Your Home Equity
July 20, 2023 16:00 - 9 minutes - 8.9 MBIn this episode, Mike dive into a thought-provoking conversation between a homeowner and a mortgage loan officer. The homeowner presents an alternative strategy for paying off their mortgage faster by converting it to a home equity line of credit (HELOC).
#50 - From Quitting to Commitment: Overcoming Challenges
July 13, 2023 16:00 - 59 minutes - 54.6 MBIn this episode of the Replace University podcast, host Michael Lush is joined by his business partner, Matt DeLonge, part-owner of Real Life Trading. They discuss the importance of doing hard things and pushing boundaries in personal and professional life. Matt shares his journey from being a customer of Real Life Trading to becoming a part-owner and highlights the transformative power of challenging oneself.
#49 - How Knowledge Transforms Lives
July 06, 2023 16:00 - 44 minutes - 40.8 MBIn this episode, Mike highlights the importance of collaboration and the abundance mindset he encountered in their new professional network. He emphasize the value of supporting personal and professional growth and how it benefits not only individuals but also the business. And he touched upon the limitations of the scarcity mentality and how it hinders progress.
#47 - Paying Off Your Mortgage: Is It Worth It?
June 22, 2023 16:00 - 12 minutes - 11.2 MBIn this episode, Mike shares his experience refinancing his mortgage using a home equity line of credit strategy. He discusses his property in Tennessee valued at $500,000 and his desire to reduce his interest rate from three and a half percent. Michael explains how he plans to take out more than $400,000 to have additional availability on his line and pay off his loan quickly by dumping his money into it.
#46 - Refinancing a Home with Rocket Mortgage
June 15, 2023 16:00 - 21 minutes - 19.4 MBIn this episode, Mike makes a phone call to a loan officer with Rocket Mortgage and shares their conversation about refinancing their home. He also discusses the benefits of maintaining liquidity and reducing interest through innovative strategies. Listen in as Mike breaks down the calculations and shares their expert advice on navigating the current economic climate. Don't miss out on this informative and eye-opening episode.
#44 - Digital Real Estate ( NO ONE IS TALKING ABOUT THIS )
June 01, 2023 16:00 - 7 minutes - 6.69 MBIn this episode, the host discusses a concept called digital real estate, which is a unique investment opportunity and that digital real estate provides a passive income stream and a done-for-you service. It is presented as an alternative way to make money, particularly for those seeking a truly passive investment opportunity.
#43 - WTH is a YACHT HACK?
May 25, 2023 16:00 - 6 minutes - 5.95 MBIn this exciting episode, we explore a unique concept called the "Yacht Hack" and delve into the world of yacht ownership without spending any of your own money. Tune in us as we uncover this fascinating opportunity and learn how you can become a yacht owner through clever financial strategies.
#42 - There Is No Perfect Time
May 18, 2023 16:00 - 2 minutes - 2.73 MBIn this episode, Mike encourages listeners to reflect on their own mindset and the tendency to wait for the perfect conditions before taking action. Timing will never be perfect, and waiting for the ideal moment may result in missed opportunities.
#41 - How to get the HIGHEST Appraisal Possible?
May 12, 2023 12:30 - 7 minutes - 6.48 MBIn today's episode, Mike shares a hack for getting a higher appraisal for a home and addresses the difference between a property tax appraisal and a home appraisal for refinancing or purchasing purposes.
#40 - Do HELOC's STILL Beat Mortages in 2023?
May 02, 2023 12:30 - 33 minutes - 31.1 MBIn this episode, Mike talks about the use of the HELOC (Home Equity Line of Credit) method to pay off a home in five to seven years.
#39 - Empathy in Business with Michael McGovern
May 01, 2023 10:00 - 32 minutes - 29.7 MBIn this episode, Mike & Mike discuss having empathy in your business, loving your employees and selling tombstones.
#38 - Overcoming Limiting Beliefs
April 28, 2023 10:00 - 9 minutes - 8.31 MBThis RYU Podcast episode discusses the topic of overcoming limiting beliefs, with host Michael Lush recounting the story of Edmund, who started as a client before becoming a partner of Lush's company. Lush also talked about his mission to create a replacement for university and mortgage brands, as he believes mortgages are financial crack to the middle class, with the poor not being able to afford them and the rich not using them. Lush met Edmund's mortgage broker at a marketing conference...