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    average joe

    Explore " average joe" with insightful episodes like "244. Revolutionizing Real Estate Investing Through Seller Financing with Chris Prefontaine", "242. Building Wealth Brick by Brick with Elliot Kallen", "237. Navy Boatswain’s Mate to Real Estate Developer with Adit Shah", "231. Unlocking the Secrets of Successful Trading with Anmol Singh" and "226. Money and Investing Myths Busted with Stephanie Walter" from podcasts like ""Average Joe Finances", "Average Joe Finances", "Average Joe Finances", "Average Joe Finances" and "Average Joe Finances"" and more!

    Episodes (100)

    244. Revolutionizing Real Estate Investing Through Seller Financing with Chris Prefontaine

    244. Revolutionizing Real Estate Investing Through Seller Financing with Chris Prefontaine

    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 Estate

    00:01:36 Surviving the 2008 Crash and Rebuilding

    00:02:09 New Rules and Strategies Post-Crash

    00:02:54 The Family Business and Coaching Others

    00:03:14 Reflecting on Pre-2008 Strategies

    00:04:04 Current Real Estate Strategies and Techniques

    00:06:48 Finding and Solving Problems in Real Estate

    00:12:56 Building the Team and Business Growth

    00:15:53 Advice for New Real Estate Investors

    00:17:11 The Importance of Authentic Marketing in Real Estate

    00:17:42 Offering Value: Free Resources and Real Estate Education

    00:18:15 The Power of Coaching in Real Estate

    00:19:15 The Four Pillars of Success in Real Estate

    00:20:17 The Impact of Current Economic Environment on Real Estate

    00:20:59 Adapting to Market Changes: Seller Financing in Chaotic Times

    00:23:13 Investing in Your Own Backyard vs. Diversifying Markets

    00:24:32 The Importance of Mindset in Real Estate Investing

    00:24:40 Acquiring New Students and Growing the Community

    Find Chris Prefontaine on:

    Website: http://www.smartrealestatecoach.com

    Podcast: https://www.smartrealestatecoach.com/podcast

    Facebook: https://www.facebook.com/smartrealestatecoach

    Google +: https://plus.google.com/+Smartrealestatecoachchannel

    YouTube: https://www.youtube.com/smartrealestatecoach

    Instagram: https://www.instagram.com/smartrealestatecoach

    LinkedIn: https://www.linkedin.com/in/chrisprefontaine

    Twitter: https://twitter.com/smartrecoach


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

    Support the show

    242. Building Wealth Brick by Brick with Elliot Kallen

    242. Building Wealth Brick by Brick with Elliot Kallen

    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 Finance

    00:02:27 Investment Strategies and Mistakes

    00:08:03 The Role of Trust in Finance

    00:09:23 Overcoming Fear in Investment

    00:11:44 Investment Opportunities and Risks

    00:19:37 The Importance of Strategic Thinking in Investment

    00:22:09 Investing in the Stock Market: Current State and Predictions

    00:22:25 Understanding the Market: Bullish vs Bearish Perspectives

    00:22:43 Investment Opportunities in Times of Economic Malaise

    00:23:26 Investing in the Defense Industry: A Tactical Approach

    00:24:27 Investing in Technology: The Future of AI and Cybersecurity

    26:40 Lessons Learned: Mistakes and Successes in Business and Finance

    Find 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/links

    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

    Support the show

    237. Navy Boatswain’s Mate to Real Estate Developer with Adit Shah

    237. Navy Boatswain’s Mate to Real Estate Developer with Adit Shah

    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 Life

    00:01:43 - Entry into Real Estate and Initial Experiences

    00:02:02 - Journey to Becoming a Real Estate Developer

    00:02:19 - Strategy to Learn and Break into the Industry

    00:03:07 - First Development Projects and Expansion

    00:03:22 - Founding of Tempest 22 and Housebender

    00:03:54 - Experience Working for Free and Learning the Trade

    00:06:29 - Adit's Transition to Leading His Own Business

    00:15:33 - Adit's Move to Colombia and Managing Business Remotely

    00:16:44 - Approach to Building a Solid Team

    00:22:08 - Strategy for Keeping Expenses Low and Utilizing Military Benefits

    00:23:53 - Starting Tempest 22 and Real Estate Development

    00:23:59 - Criteria for Selecting Development Lots

    00:24:42 - Building a Portfolio and Scaling Up

    00:25:30 - Creating Housing for Specific Demographics

    00:26:43 - The Art of Real Estate Development

    00:27:33 - Identifying Ideal Parcels for Development

    00:28:40 - The Strategy for Acquiring Properties

    00:29:13 - Challenges of Managing Development from Abroad

    00:31:54 - The Motivation Behind Real Estate Development

    Find 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/links

    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

    Support the show

    231. Unlocking the Secrets of Successful Trading with Anmol Singh

    231. Unlocking the Secrets of Successful Trading with Anmol Singh

    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 Background
    00:02:03 - Start of Investing
    00:05:22 - Thoughts on Trading
    00:11:10 - The Importance of Education and Understanding the Market
    00:12:35 - Finding Your Trading Style and Mentor
    00:14:09 - Technical Analysis for Trading
    00:15:45 - Trading as a Psychological Journey
    00:18:58 - Understanding Emotions in Trading
    00:22:10 - Managing Emotions in Trading
    00:23:47 - Definition of Success
    00:26:41 - Well-Rounded Success
    00:27:01 - Trading Crypto
    00:29:39 - Bitcoin's Future
    00:33:47 - Getting Started in Investing
    00:35:15 - Making Money Work for You
    00:36:39 - The Power of Mindset 

    Find Anmol Singh on:

    Website: https://livetraders.com/

    IG: https://www.instagram.com/deltaninety/

    Twitter: https://twitter.com/DeltaNinety

    Book: http://preppingforsuccess.com/book

    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://mikecavaggioni.com

    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

    Support the show

    226. Money and Investing Myths Busted with Stephanie Walter

    226. Money and Investing Myths Busted with Stephanie Walter

    Do you want to unlock the secret to financial independence and make smart investment choices? Are you tired of being misled by common money myths that hinder your wealth-building journey? Get ready to gain invaluable knowledge and tools to break free from misconceptions and make informed decisions that pave the way for long-term wealth creation.

    Join us on Average Joe Finances as our guest Stephanie Walker, shatters money myths and how to control your financial future, leveraging strategic investments to achieve wealth and debunking the accumulation mindset prevalent among regular individuals.

    In this episode:

    • Discover retirement planning strategies to secure a comfortable future and live the life you've always dreamed of.
    • Uncover the hidden costs of investment fees and learn how to minimize them to maximize your returns.
    • Explore the world of real estate syndications and learn how it can help you diversify your investment portfolio and grow your wealth.
    • Unlock the benefits of life insurance as a powerful tool for building wealth and protecting your loved ones.
    • And so much more!

    Key Moments:

    00:01:08 - Seeking Financial Independence
    00:02:19 - Transition to Real Estate Investing
    00:03:40 - Discovering Syndication
    00:04:15 - Financial Transformation
    00:15:06 - Investing in 401(k)s and Tax-Free Income Strategies
    00:17:54 - Investing in Real Estate for Retirement
    00:20:13 - True Diversification and Asset Allocation
    00:24:16 - Indexed Universal Life Insurance for Wealthy Individuals
    00:30:09 - The Importance of Life Insurance
    00:30:37 - The Benefits of a Healthy Lifestyle
    00:31:20 - Life Insurance and Retirement


    Find Stephanie Walter on:

    Websites: www.erbewealth.com

    LinkedIn: https://www.linkedin.com/in/stephanie-walter-057594196/

    Facebook: https://www.facebook.com/erbewealth 


    Check out Average Joe Finances: https://erbewealth.com/averagejoe/


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

    Support the show

    225. Starting Strong in Real Estate with Steven and Amber Liddle

    225. Starting Strong in Real Estate with Steven and Amber Liddle

    Do you want to become a confident and knowledgeable real estate investor, ready to embark on your journey in the industry? How do I start strong and learn from experienced investors? Look no further! We have the solution that will help you achieve your goal. Get ready to unlock the real estate market's potential and set yourself up for success!

    Join us on Average Joe Finances as our guests Steven and Amber Liddle, share their expertise and insights, enabling you to gain the confidence and knowledge necessary to kickstart your real estate journey. 

    In this episode:

    • Learn proven strategies and valuable lessons from experienced real estate investors,
    • Gain insights into the transition from military to civilian life and discover how to successfully build a thriving real estate business after serving in the military.
    • Explore how to make a difference in the veteran community through their nonprofit organization
    • Understand the significance of networking and building a team in the real estate industry
    • And so much more!

    Key Moments:

    00:01:53 - Military Background and Retirement Plans
    00:04:36 - Transitioning from Military to Civilian Life
    00:06:01 - The Podcast and Relay Race to Support Veterans
    00:08:53 - Impacting the Veteran Community in San Antonio
    00:13:34 - Moving to Texas and Finding Support
    00:14:09 - Research and Finding a Realtor
    00:15:14 - Lessons Learned and Financing the First Deal
    00:18:20 - Furnishing and Renting out the First Property
    00:20:47 - Second Deal and Seller Financing
    00:26:30 - The Benefits of the Property's Location
    00:27:25 - Concerns about Laws and Regulations
    00:28:38 - The 12% Rule in San Antonio
    00:30:15 - Learning and Evolving in Real Estate Investing
    00:33:57 - Rental Arbitrage and Property Management
    00:40:22 - Networking and Adding Value
    00:41:43 - Preparation and Opportunity

    Find The Liddle’s on:

    Websites:

    https://www.patriotescapes.com/

    https://www.americanspiritalliance.org/


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

    Support the show

    224. Note Investing to Financial Freedom with Fred Moskowitz

    224. Note Investing to Financial Freedom with Fred Moskowitz

    Are you frustrated with the traditional real estate investment route, spending countless hours dealing with property management and tenant issues but not achieving the desired results? It's time to break free from this ineffective approach and explore note investing as a new path to financial freedom.

    Join us on Average Joe Finances as our guest Fred Moskowitz reveals the ultimate solution to attaining the desired outcome of financial freedom through note investing. Get ready to learn the strategies and gain the knowledge needed to pave your way toward a life of financial security and independence.

    In this episode:

    • Discover how to transition from a successful career to mortgage note investing and unlock the path to financial freedom.
    • Learn about the benefits of note investing as a lender, including cash flow predictability and scalability, and how it can help you achieve your financial goals.
    • Explore both active and passive ways to get involved in note investing and find the strategy that suits your lifestyle and investment objectives.
    • Understand the key differences between mortgage note and stock market returns, and discover how note investing can potentially offer higher returns and greater control over your investments.
    • And so much more!

    Key Moments:

    00:00:46 - Fred Moskowitz's Background
    00:03:15 - Introduction to Mortgage Note Investing
    00:05:53 - Why Fred Chose Mortgage Note Investing
    00:09:23 - Active vs. Passive Note Investing
    00:18:01 - Utilizing Retirement Funds for Note Investing
    00:21:07 - Trends in Mortgage Notes
    00:25:42 - Buying Notes at a Discount
    00:26:19 - Starting with a Fund or Individual Notes
    00:27:48 - Importance of Using a CRM


    Find Fred Moskowitz on:

    Website: www.fredmoskowitz.com

    Facebook: www.facebook.com/thefredmoskowitz

    Instagram: www.instagram.com/thefredmoskowitz


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

    Support the show

    223. Find and Start the Right Franchise with Bob Bernotas

    223. Find and Start the Right Franchise with Bob Bernotas

    Finding the right franchise can be daunting and frustrating, with many aspiring entrepreneurs facing obstacles. It's disheartening when results don't meet expectations despite investing time and effort. However, with the proper guidance and knowledge, you can overcome these challenges and discover the ideal franchise for your entrepreneurial journey.

    Join us on Average Joe Finances as our guest Bob Bernotas uncovers the secrets to finding the right franchise fit, rolling over retirement funds into a business, and achieving faster wealth accumulation. 

    In this episode:

    • Navigate the rich terrain of profitable franchise investments.
    • Decipher the benefits and potential of engaging with semi-passive franchise models.
    • Decode the contrasts and strengths between service-oriented franchises and brick-and-mortar retail concepts.
    • Learn the smart strategy of converting retirement funds into a franchise for tax gains.
    • And so much more!

    Key Moments:

    00:00:30 - Bob Bernatos' Background
    00:02:49 - Franchise Investing
    00:05:26 - Semi-Passive vs. Full-Time Franchise Ownership
    00:09:32 - Equity Building and ROI
    00:14:05 - The Importance of Knowing What's Behind a Franchise
    00:15:14 - The Concept of Temporary Walls
    00:16:50 - Franchise vs. Starting Your Own Business
    00:21:49 - Support System and Information Sharing in Franchises
    00:24:46 - Balancing Passion and Financial Success in Franchising
    00:28:40 - Rolling Over 401K and IRA to Fund a Business
    00:31:35 - Shifting from Real Estate to Franchising
    00:32:08 - Matching Individuals with the Right Franchise
    00:34:25 - Timeline and Compensation
    00:37:29 - Lessons Learned and Tips for Success


    Find Bob Bernotas on:

    Website: https://franchisewithbob.com/

    LinkedIn: https://www.linkedin.com/in/robert-bernotas/ 



    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

    Support the show

    221. Ask the Plan Man with Bruce Weinstein

    221. Ask the Plan Man with Bruce Weinstein

    If you feel stressed and unsure about your money situation, even though you're trying to save and invest, know that you're not the only one. Lots of people face money problems, even when they're trying their best. They save money, but sometimes unexpected costs or bad investment choices make it hard to build a stable financial future. It's time to escape this pattern and make a solid plan to secure your future.

    Join us on Average Joe Finances as our guest Bruce Weinstein reveals the truth and shares valuable insights on how to develop a proactive financial plan for a secure future.

    In this episode:

    • Learn to appreciate the importance of a robust financial plan for your future.
    • Comprehend the significant role of life insurance in long-term financial protection.
    • Uncover the added benefits of kickstarting your financial planning at a young stage in life.
    • Break free from apathy and self-focused behaviors that obstruct proactive fiscal choices.
    • And so much more!


    Key Moments:

    00:00:56 - Bruce's Background in Financial Planning
    00:05:03 - Insurance Needs at Different Stages of Life
    00:07:31 - Insurability and Health
    00:09:54 - Life Insurance and Age
    00:12:15 - The Importance of Financial Planning
    00:13:17 - Planning for Retirement
    00:14:27 - Longevity and Health
    00:15:43 - Being a Plan Man
    00:20:19 - Apathy and Selfishness
    00:24:19 - The Importance of Life Insurance
    00:25:59 - Understanding Term Insurance
    00:27:15 - Life Insurance for Older Individuals
    00:28:23 - The Importance of Financial Planning
    00:30:21 - Being Proactive and Seeking Advice
    00:36:27 - Relief from Financial Burden
    00:37:18 - Emotional Investing
    00:39:07 - The Importance of a Financial Advisor
    00:42:05 - Knowing When to Exit Investments
    00:43:51 - Diversification in Real Estate and Stocks
    00:49:06 - Starting Your Financial Journey

    Find Bruce Weistein on:

    Websites:
    www.weinsteinwealth.com
    www.asktheplanman.com
    www.planman.tv
    Facebook: https://www.facebook.com/bruce.m.weinstein
    LinkedIn: https://www.linkedin.com/in/brucemweinstein/ 



    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

    Support the show

    220. Meet the Blind, Deaf, and Unstoppable Entrepreneur with Aaron Hale

    220. Meet the Blind, Deaf, and Unstoppable Entrepreneur with Aaron Hale

    Many individuals are frustrated and defeated, when their actions seem to fall short of their goals. Instead of seeing progress, they may experience setbacks, obstacles, or even outright failure. But remember, this is a standard part of the journey towards pursuing your passions and overcoming limitations. Keep pushing forward and don't let temporary setbacks define your future success.

    Join us on Average Joe Finances as our guest Aaron Hale shares his inspiring journey from military service to overcoming life-altering injuries that molded him into the resilient individual he is today. 

    In this episode:

    • Learn the secret to converting passions into reality despite prevalent hurdles.
    • Find out how to architect a personal brand that strikes the right target audience.
    • Unveil the potential of shared personal experiences in forging genuine connections.
    • Understand the lessons smartly learned from business and life, preventing the usual pitfalls.
    • And so much more!

    Key Moments:

    00:01:04 - Aaron's Background and Military Career
    00:05:17 - Discovering a New Passion
    00:06:56 - Life-Altering Event
    00:09:49 - Overcoming Challenges and Entrepreneurship
    00:18:46 - Overcoming Physical Challenges
    00:21:03 - Asking the Right Questions
    00:22:13 - Finding Strength in Small Steps
    00:25:10 - Transition to Real Estate
    00:31:53 - Marketing and Real Estate
    00:38:43 - Building a Personal Brand
    00:42:12 - Niche Marketing

    Find Aaron Hale on:

    Websites: https://eodfudge.com/

    LinkedIn: https://www.linkedin.com/in/aaron-hale-1861477/

    Podcast: https://pointofimpactpod.com/


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

    Support the show

    219. The Importance of Financial Literacy When Life Throws a Curveball with Mike Tarnow

    219. The Importance of Financial Literacy When Life Throws a Curveball with Mike Tarnow

    Does this sound familiar? You've been told to simply think positively to overcome adversity and maintain a positive mindset. But despite your efforts, you still struggle to stay optimistic and navigate life's challenges. The pain of constantly trying to force a positive mindset, only to be disappointed, is draining and disheartening. It's time to discover a more practical approach that will truly help you overcome adversity and find lasting happiness.

    Join us on Average Joe Finances as our guest, Mike Tarnow reveals the key to overcoming challenges, achieving lasting happiness, discovering the path to triumph over adversity, and embracing a life filled with fulfillment and contentment.

    In this episode:

    • Delve into transformative strategies that could lead you to an earlier-than-expected retirement.
    • Master the art of allocating your income wisely for an effortless financial journey.
    • Immerse yourself in insights to manage finances as a robust team successfully.
    • Gain a fresh perspective on maintaining a positive outlook when overcoming adversities.
    • And so much more!

    Key Moments:

    00:00:40 - Mike Tarno's Background
    00:02:57 - Early Retirement Plan
    00:06:36 - 401(k) and Investments
    00:09:53 - Budgeting and Saving Strategies
    00:12:29 - Budgeting and Earmarking
    00:14:03 - Envelope Method with Bank Accounts
    00:15:35 - Accomplishing Financial Goals
    00:18:53 - Importance of Being Prepared for Expenses
    00:19:24 - Partnering in Finances
    00:24:55 - Mike Tarnow's Side Hustle
    00:25:57 - Overcoming Hardships
    00:29:27 - Cancelled Surgery
    00:31:59 - The Power of Positivity
    00:36:57 - The Importance of Support

    Find Mike Tarnow on:

    Websites: https://www.miketarnow.com/

    Podcast: https://www.stayoffmylawn.us/

    LinkedIn: https://www.linkedin.com/in/mike-tarnow/

    Facebook: https://www.facebook.com/miketarnow/

    Instagram: https://www.instagram.com/miketarnow_vo/?hl=en


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://mikecavaggioni.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* https://averagejoefinances.com/disclaimer


    See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes

    Support the show

    215. Why Gold and Precious Metals Should be in Your Portfolio with Dana Samuelson

    215. Why Gold and Precious Metals Should be in Your Portfolio with Dana Samuelson

    Do you want to enhance the resilience of your real estate portfolio and safeguard it against inflation? Are you searching for a solution that can provide you with increased protection and stability? Look no further, because, in this discussion, we will reveal the key to achieving that desired outcome. 

    Join us on Average Joe Finances as our guest, Dana Samuelson, will be sharing tips on how to protect and diversify your portfolio, battle inflation, and seize prime buying opportunities in a rapidly evolving market.

    In this episode:

    • Uncover why owning precious metals is crucial to safeguard your assets from the effects of inflation.
    • Learn how to use your precious metals as collateral for real estate investments.
    • Understand the significance of liquidity in turbulent economic conditions.
    • Equip yourself with strategies to protect against counterfeit precious metals.
    • Discover how to spot lucrative opportunities in the real estate and gold markets.
    • And so much more!


    Key Moments:

    00:03:35 - Precious Metals as an Inflation Hedge
    00:07:51 - Precious Metals vs. Cryptocurrency
    00:12:38 - The Value of Precious Metals
    00:14:03 - Borrowing Against Precious Metals
    00:15:40 - The Precious Equity Strategy
    00:18:45 - Buying Real Estate During a Financial Crisis
    00:19:52 - The Importance of Liquidity
    00:23:27 - Building a Precious Metals Business
    00:27:05 - Establishing the industry anti-counterfeiting task force
    00:28:30 - Importance of buying from reputable dealers
    00:29:08 - Anti-counterfeiting measures in coins
    00:29:40 - Success in getting the Secret Service involved

    Find Dana Samuelson on:

    Website: https://www.amergold.com/

    LinkedIn: https://www.linkedin.com/in/dana-samuelson-64793056/ 


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://themikecav.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* www.averagejoefinances.com/disclaimer


    See our full episode transcripts here: www.averagejoefinancespod.com/episodes

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    214. The Effects of AI in Real Estate with Tony Lopes

    214. The Effects of AI in Real Estate with Tony Lopes

    Do you want to better understand how AI can revolutionize the real estate industry? Are you looking for a solution to enhance your knowledge and utilization of AI to achieve remarkable outcomes in real estate investments? Look no further! Get ready to harness the power of artificial intelligence and reap the rewards it brings to your investments.

    Join us at the Average Joe Finances Podcast as our guest, Tony Lopes, will be sharing invaluable insights and strategies to unlock the full potential of AI in the world of real estate. 

    In this episode:

    • Realize the true significance of prioritizing high-value tasks in the realm of real estate investing.
    • Learn how harnessing the expertise of others can transform your entrepreneurial journey.
    • Appreciate the role of perpetual learning in pushing your personal boundaries.
    • Unveil the potential of nurturing relationships, online and offline, in unfolding career and business prospects.
    • Get insights on reliable industry resources like enlightening books and authentic content creators.
    • And so much more!


    Key Moments:
    00:03:11 - Real Estate Investments
    00:07:53 - Leveraging Networking
    00:10:06 - The Role of Hard Money Lenders
    00:13:54 - Rising Property Taxes and Affordability
    00:14:29 - Energy Crisis and the Cost of Housing
    00:15:33 - Societal Shift towards Convenience
    00:19:48 - Changing Work Ethics and Loyalty
    00:23:26 - Generational Differences and Homeownership
    00:27:09 - The Impact of September 11 on a Business
    00:28:29 - The Importance of Taking Action
    00:29:31 - Generational Challenges Ahead
    00:30:49 - The Influence of Social Media
    00:31:27 - The Future of Real Estate with AI
    00:41:53 - The Value of Delegating Low-Level Tasks 

    Find Tony Lopes on:

    Email: tony@dirtybootscapital.com

    Website: www.dirtybootscapital.com

    Website: www.freedomatriskbook.com

    LinkedIn:  www.linkedin.com/in/tony-lopes-far/

    YouTube:  www.youtube.com/DirtyBootsCapital

    Facebook: www.facebook.com/FreedomAtRisk

    Instagram: www.instagram.com/freedomatrisk

    Twitter: www.twitter.com/freedomatrisk_


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://themikecav.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* www.averagejoefinances.com/disclaimer


    See our full episode transcripts here: www.averagejoefinancespod.com/episodes



    Support the show

    213. Breaking Down the Real Estate Barriers with Marcus Maloney

    213. Breaking Down the Real Estate Barriers with Marcus Maloney

    Many investors in real estate are currently facing frustration and overwhelm as their investments are not delivering the desired outcomes. Despite dedicated efforts such as property research, seminars, and networking, these investors are disappointed with unsuccessful returns. This situation has led to financial setbacks, missed opportunities, and uncertainty in their real estate pursuits.

    Join us at the Average Joe Finances Podcast as our guest, Marcus Maloney shares how he helps aspiring real estate professionals break the barriers to entry into investing and build a quality lifestyle through real estate investing.

    In this episode:

    • Grasp the sophisticated ways of successful real estate investments.
    • Dig into covert off-market deals and polish your follow-up plans.
    • Discern how societal contribution boosts your business reach.
    • Value the essence of self-trust and the courage to venture into overcoming obstacles.
    • Understand the power of empathic listening and professional networking in the realty industry.
    • And so much more!

    Key Moments:

    00:03:31 - Early Lessons in Investing
    00:06:12 - Influence of Family
    00:10:48 - Marcus’ Real Estate Deals
    00:14:41 - Using PropStream for Data
    00:15:46 - Marketing Techniques
    00:19:00 - Being a Problem Solver
    00:21:41 - Residential Group Homes
    00:26:36 - Changing Lives Through Real Estate, 

    Find Marcus Maloney on:

    Website: https://marcusemaloney.com/

    Facebook: https://www.facebook.com/EquityRealtyInvestments/

    Twitter: https://twitter.com/mrcsmaloney

    Instagram: https://www.instagram.com/mrcsmaloney/

    Linked in: https://www.linkedin.com/in/marcusmaloney/

    Youtube: https://www.youtube.com/mrcsmaloney 


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://themikecav.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* www.averagejoefinances.com/disclaimer


    See our full episode transcripts here: www.averagejoefinancespod.com/episodes

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    211. Exploring Infinite Banking Strategies with Richard Canfield

    211. Exploring Infinite Banking Strategies with Richard Canfield

    Do you want to discover a powerful strategy for building long-term wealth? Are you looking for a solution that can effectively optimize your finances and help you achieve financial freedom?

    Join us at the Average Joe Finances Podcast as our guest, Richard Canfield, shares his insights on exploring Infinite Banking Strategies. Implementing these strategies can unlock the key to long-term wealth building and achieving your financial goals. Don't miss out on this opportunity to learn how to maximize your financial potential and secure a prosperous future.

    In this episode:

    • Learn about virtual apartment building strategies for generating long-term cash flow while avoiding the challenges of managing tenants.
    • Appreciate the concept of infinite banking, which involves using specially designed whole life insurance contracts to become one's own banker. 
    • Understand financial tools, such as adequately structured insurance
    • Learn about the approaches to creating a family banking system involving using insurance policies to build equity that could be accessed and reinvested within the family.
    • Grasp about educating children about passive and active income and incentivizing responsible financial behavior.

    Key Moments:

    00:05:30 - Real Estate Investments
    00:07:17 - Discovering "Becoming Your Own Banker"
    00:09:58 - Virtual Apartments Explained
    00:12:58 - The Infinite Banking Concept
    00:11:38 - Real Estate Portfolio Diversification
    00:12:16 - Turnkey Rental Property Management
    00:13:23 - Dealing with Market Cycles
    00:14:29 - Tales of the Real Estate Trenches
    00:15:44 - Introduction to Infinite Banking
    00:25:06 - The Importance of Treating Money as a Valuable Resource
    00:25:32 - Using Insurance as a Financial Tool
    00:26:46 - The Importance of Understanding Financial Tools
    00:27:27 - The Role of Premiums in Whole Life Insurance
    00:34:20 - Building a Family Banking System
    00:37:14 - Introducing the Family Banking System
    00:38:28 - Teaching Passive vs. Active Income
    00:40:03 - Incentivizing Financial Responsibility
    00:41:25 - Creating a Family Bank

    Find Richard on:

    Website: https://www.:ascendantfinancial.ca/

    Instagram: https://www.instagram.com/richard_canfield/

    Twitter: https://twitter.com/rcanfield1

    LinkedIn: https://www.linkedin.com/in/richardcanfield

    Facebook: https://www.facebook.com/richard.canfield

    Youtube: https://www.youtube.com/channel/UCj8ZlieHodxhD0vC75-rq0g 


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://themikecav.com


    Show Notes add-on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* www.averagejoefinances.com/disclaimer


    See our full episode transcripts here: www.averagejoefinancespod.com/episodes

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    210. Due Diligence and the Importance of the Right Team with Alex Sonkin

    210. Due Diligence and the Importance of the Right Team with Alex Sonkin

    Are you looking to minimize your taxes and gain a deeper understanding of the tax code? Do you want to navigate the complexities of tax with ease?

    In this episode, we have Alex Sonkin, who will be sharing the key solution to help you achieve your goal of maximizing tax savings and gaining a comprehensive understanding of the tax code. Get ready to unlock the secrets to minimizing taxes and mastering the tax code on the Average Joe Finances Podcast.

    In this episode:

    • Dive into intelligent tax planning strategies crafted for wealth preservation and proliferation.
    • Realize the unprecedented role of CPAs in devising tax strategies specifically tailored for real estate investors.
    • Get acquainted with the virtual family office model and its potential for benefiting individuals across varying economic stages.
    • Grasp the invaluable role of the Due Diligence Project in mitigating tax risks by promoting thorough due diligence.
    • Peer into the future of the accounting sector, with technology-led CPA firms and family offices in the virtual realm.

    Key Moments:

    00:03:07 - The Value of Tax Planning
    00:06:32 - The Due Diligence Project
    00:10:02 - Virtual Family Office Model
    00:14:50 - Importance of Trusting CPAs
    00:15:43 - Specializations in Professional Service
    00:16:58 - Building a Network of Trusted Advisors
    00:19:09 - Focus on Expertise and Outsourcing
    00:28:00 - The Excitement of Referral Commissions
    00:29:02 - Complexity of the Tax Code
    00:30:13 - Paying Taxes the Right Way
    00:33:14 - Joining the Due Diligence Project


    Find Alex on:

    LinkedIn: https://www.linkedin.com/in/alexsonkin/

    Facebook: https://www.facebook.com/groups/216088415888671

    Youtube: https://www.youtube.com/channel/UC0lQCUx003antWFnOFpaWGg

    Book: https://www.amazon.com/Due-Diligence-Project-Peer-Reviewed-Supercharging/dp/B09P6T4P75 -


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://themikecav.com


    Show Notes add on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* www.averagejoefinances.com/disclaimer


    See our full episode transcripts here: www.averagejoefinancespod.com/episodes

    Support the show

    208. Renting by the Room with HomeRoom with Johnny Wolff

    208. Renting by the Room with HomeRoom with Johnny Wolff

    Join Mike Cavaggioni with Johnny Wolff on the 208th episode of the Average Joe Finances Podcast. Johnny shares how renting by the room can lead to increased profitability and foster meaningful community connections.

    In this episode, you’ll learn:

    • The exciting possibilities of real estate investing and co-living strategies.
    • The prosperity and potential associated with renting by the room.
    • The ways to triumph over challenges in the co-living rental market.
    • Effectiveness of Homeroom's turnkey solutions for ambitious co-living investors.
    • The importance of creativity and resilience in high-stake real estate investing.
    • And much more!

    Key moments:

    00:02:11 - Co-Living and Rent by the Room
    00:06:09 - Finding the Right Property for Co-Living
    00:09:32 - Creating Housing Solutions
    00:13:42 - Challenges of Co-Living
    00:14:19 - Making Homes Marketable
    00:15:31 - The Role of Creativity
    00:16:35 - Location and Density
    00:18:03 - Customizing Properties
    00:28:18 - Homeroom's Payment Structure
    00:29:53 - Net Positive with Homeroom
    00:31:29 - Johnny's Biggest Real Estate Mistake
    00:33:59 - Learning from Experience


    About Johnny Woff:

    Johnny Wolff is the CEO and Founder of HomeRoom – one of the fastest-growing real estate investing platforms in the United States. After starting his career as a financial analyst in Silicon Valley (EA, SanDisk, Guidespark), he relocated to Austin, Texas, to pursue full-time real estate investing. After an unusually terrible Craigslist roommate experience in 2017, he converted a single-family home to a group home for his friends. After realizing the massive untapped potential of multi-tenant (co-living) real estate investing – HomeRoom was born.


    Find Johnny on:

    Website: http://www.livehomeroom.com

    LinkedIn: http://www.linkedin.com/in/johnnywolff/

    Facebook: http://www.facebook.com/livehomeroom 



    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://themikecav.com


    Show Notes add on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* www.averagejoefinances.com/disclaimer


    See our full episode transcripts here: www.averagejoefinancespod.com/episodes

    Support the show

    207. Why Yes Management Plays an Important Role with Ace Hagerty

    207. Why Yes Management Plays an Important Role with Ace Hagerty

    Join Mike Cavaggioni with Ace Hagerty on the 207th episode of the Average Joe Finances Podcast. Ace shares the key to attaining equilibrium and success in your life, allowing you to skillfully navigate your commitments and priorities. 

    In this episode, you’ll learn:

    • The ropes of real estate investing, tailored specifically for beginners.
    • The pivotal role your mindset plays in achieving success in real estate.
    • Understanding the basics of real estate investing as well as the need for an efficient team.
    • The fundamental principles of real estate to attain financial freedom.
    • Exploring the immense power of personal transformation for a more purposeful existence.
    • And much more!

    Key moments:

    00:00:48 - Ace's Background in Real Estate
    00:05:37 - A Life Out of Balance
    00:09:44 - The 100-Day Challenge
    00:12:12 - Leaving a Lasting Impression
    00:13:29 - Taking Control of Your Life
    00:14:18 - The Challenge of Changing Habits
    00:15:10 - Leveraging Your Nervous System
    00:15:54 - Having Faith and Surrounding Yourself with Support
    00:18:35 - Finding Balance and Yes Management
    00:26:46 - Finding a Deeper Why
    00:27:52 - Gratitude and Perspective
    00:29:03 - Rediscovering the Love of Learning
    00:30:46 - Leading by Example
    00:36:19 - Learning from Mistakes
    00:40:53 - Getting Started in Real Estate Investing
    00:43:27 - Importance of Following Fundamental Principles
    00:46:38 - Providing Value and Finding Balance

    About Ace Hagerty:

    Matthew “Ace” Hagerty is a writer, entrepreneur, podcaster, and Full Control Publishing, LLC founder. From garage start-ups to companies investing millions of dollars to developing communities around the country, he has created successful initiatives that are changing the faces of communities both big and small.

    He also launched his podcast, Superhero By Design, in 2022, in which he interviews real-life superheroes from all over the world.


    Find Ace on:

    Website: https://www.superherobydesign.com/

    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://themikecav.com


    Show Notes add on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* www.averagejoefinances.com/disclaimer


    See our full episode transcripts here: www.averagejoefinancespod.com/episodes

    Support the show

    205. From 0 - 70 Units in 2 Years Without JVs or Syndications with Kyle Root

    205. From 0 - 70 Units in 2 Years Without JVs or Syndications with Kyle Root

    Join Mike Cavaggioni with Kyle Root on the 205th episode of the Average Joe Finances Podcast. Kyle shares his secrets to scaling his portfolio from 0 to 70 units in just 2 years, all without the help of joint ventures or syndications. 

    In this episode, you’ll learn:

    • Potent strategies for real estate investing that promote steady portfolio expansion and healthy cash influx.
    • Shifting your mental framework towards successfully tackling challenges faced in real estate investing.
    • Impacts of employing technology and efficient procedures on enhancing real estate enterprise operations.
    • Importance of continuous learning, guidance, and personal growth in paving a path to real estate success.
    • And much more!

    Key moments:

    00:01:22 - Kyle's Background

    00:04:08 - Transition to Real Estate

    00:06:25 - House Hacking and BRRRR Strategy

    00:08:32 - Scaling with Hard Money

    00:10:34 - Adapting and Improving

    00:11:05 - Limited Traditional Financing,

    00:12:15 - Kyle's Creative Financing Strategy

    00:13:44 - Taking Action in Real Estate

    00:16:21 - Kyle's Team Structure

    00:18:09 - Dealing with Permitting Challenges
    00:20:29 - Overcoming Obstacles and Shifting Mindset

    00:25:21 - Overcoming Challenges and Finding Motivation

    00:27:10 - The Power of Failure

    00:27:55 - The Importance of Property Managers

    00:29:16 - Building Custom Software for Tracking
    00:37:42 - The Importance of Doing the Right Thing
    00:41:06 - The Value of Hard Work and Persistence,


    About Kyle Root:

    Kyle started buying real estate in 2020. He was able to go from 0-70 units in 2 years without using any type of syndication or joint ventures. At 26 he left his W2 job. Now, at 28, he continues to scale his real estate business and coach others to do the same with little money into it. His goal is to help others understand their full potential. This can be accomplished through many different ventures. For Kyle, it was real estate investing. While Kyle does enjoy talking about real estate most of all he enjoys talking about the importance of daily habits, discipline, overcoming obstacles, and building a life worth living!!

    Find Kyle on:

    Website: https://kylejroot.com/

    Instagram: https://instagram.com/kj_root

    TikTok: https://tiktok.com/@kj_root


    Average Joe Finances®

    All of our social media links and more: https://averagejoefinances.com/links

    About Mike: https://themikecav.com


    Show Notes add on continued here: https://averagejoefinances.com/show-notes/


    *DISCLAIMER* www.averagejoefinances.com/disclaimer


    See our full episode transcripts here: www.averagejoefinancespod.com/episodes

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