Episode 63: Gena Lofton – How to Evaluate Your Goals for Q3 2018

show Sep 28, 2018

Hi Everyone

This weeks episode is dedicated to helping you review and achieve your goals as this is the end of the third quarter of 2018. If you haven’t set any goals yet now is the time. I want to encourage you to visit the store on this website where you can take the complimentary “Escape The Madness Course” which will help you to establish your goals.

You need to write down these goals, and they need to be “S.M.A.R.T.” This means that your goals are Specific, Measurable, Achievable, promote Responsibility for that goal and have a set Timeline for achieving them. Without these characteristics, you are not as likely to meet them. You need clarity of vision and once you have that everything goes a lot smoother.

For everyone that has established some goals, I would like you to take a moment and assess how you are doing. Are you achieving them or are you exceeding them? If you are having trouble reaching them, then please let me know and feel free...

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Episode 62: Anita Lofton - Navigating the Medicare Landscape

show Sep 21, 2018

Anita is an expert in health insurance, and I wanted to discuss with her the latest changes in health care and open enrollment. She likes to advise seniors with their health care insurance concerns.

Health care costs are one of the things that can quickly drive people into bankruptcy. So this knowledge is a critical part of your abundant life and investments. Once you get sick, you need to understand what you are dealing with and it’s essential.

She explains the latest changes that have occurred with healthcare regulations. Under Trump, the tax penalty will be done away with, and they have changed some of the rules surrounding pre-existing conditions.

Open enrollment is a time period that happens each year when employers, corporations, and individuals can change their health plans. Open enrollment generally starts mid-October and goes through December 7th for policies that begin the next year. You usually can’t make changes to your plan outside of this time...

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Episode 61: Tom Corley - How to Develop Rich Habits

show Aug 31, 2018

Tom is a motivational and empowering speaker at conferences and is the author of several books that discuss the habits of the wealthy and how they differ from others. He discusses his childhood and how his successful businessman father ended up losing his fortune through a business sale that went bad.

He became interested in the habits of successful people when a friend with business problems asked him for advice. This sparked off an idea to conduct a study of people’s behavior and habits.

Early on he asked the question, “What do you do with your time at the end of your work day?” He got a lot of different answers, and he noticed that almost all of the wealthy people spent time away from home doing things that increased their knowledge and expanded their connections with others.

His study ended up breaking down habits into twenty different categories. To get participants interested in the study he offered free tax planning. He gathered a lot of information...

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Episode 60: Gena Lofton - Building Infinite Wealth and the Four Types of Income


This week Gena discusses the Cash Flow Quadrant and the four (4) Ways Income is Created.  The people on the Left Side of the quadrant are Employees and/or Self-employed.  This is where 95% of the population exists yet, they control only 5% of the wealth, primarily, because they own NO assets and pay the highest tax rate.  The left side could pay an excess of 40% in Taxes, depending upon their income level and their State residency.

Alternatively, people on the Right side of the quadrant are Business Owners and/or Investors and pay as little as 0% to 20% in taxes.  This is why they control 95% of the wealth. 

The earlier one learns the different types of income and begins generating that which is the most tax efficient on the right side of the quadrant, the higher the likelihood that they will have a lifetime of financial abundance and not worry about outliving their money.  

If you are adverselHere are the three (3) options one can...

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Episode 59: Value Added Shopping Center Investing with Michael Flight from Concordia Realty

real estate show Aug 17, 2018

I want to introduce you all to Michael, we met recently at FreedomFest and he is both amazing and knowledgeable. He has an extensive background in commercial real estate investing and is principal of Concordia Realty.
Concordia Realty specializes in shopping plazas and retail properties. They prefer to purchase operational commercial projects with existing income. They concentrate on strip shopping centers and they occasionally renovate or restructure existing commercial properties.

They have over a million square feet of retail space located in the Illinois, Indiana, and Michigan markets. Increasingly they are interested in Ohio and Wisconsin. They continually look for good opportunities and are working to expand into new areas.

Michael became involved in real estate shortly after college where he worked as a broker and then began working with a syndicator that owned shopping malls. In 1990, he started out on his own by founding Concordia.

They work primarily with hedge...

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Episode 58: PJ Miklus – Investing in Intellectual Property

show Aug 16, 2018

PJ has a background in business development and the stock market where he helped investors balance their portfolios. A year ago, he became interested in Royalty Exchange’s business model which works to connect investors with music artists via an auction platform. So far they have raised 40 million dollars in over 300 auctions for music property rights. He says, “This is a very exciting new type of asset class for investors.”

Royalty Exchange focuses primarily on music. Mr. Miklus describes how royalties in the music industry work and how the money flows in the music industry. Artists don’t get salaries or wages, but they do receive the benefits of the sales of their work. Today the focus is on internet downloads and music streaming which is a greatly growing market. So far of the billions of smartphones, only 112 million have subscribed to a paid streaming service.
Due to the online nature of the music industry, they can accurately determine an...

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Episode 57: Building Tax-Free Wealth with Derek Uldricks from Virtua Partners

show Aug 03, 2018

I had the pleasure of meeting with Derek Uldricks, the President of Virtua Capital Management. Virtual is a global private equity firm specializing in the commercial real estate asset class. They invest in real estate across the United States. Their background is in commercial real estate financing, and restructuring and they have a very experienced executive team.

Virtua focuses on multi-family, single family, and hospitality. Derek discusses how they set up their real estate portfolios and mitigate risk. When the downturn happened in 2008, there was a lot of investors with negative equity. They helped them turn around properties. Today his role at Virtua is to oversee the funds, inclusive of Opportunity Zone Funds and assist with investment decisions.

They are excited about Trump's new Opportunity Zones. These are economic development programs in each state that are selected by the governors. They designate geographic areas with the intention of increasing investment therein....

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Episode 56: Jeremy Roll – Active vs. Passive Investing Which is Best

show Jul 27, 2018


Jeremy is a passive cash flow focused investor who has had a focus on real estate since 2002. He wanted the predictability of steady cash-flow instead of the ups and downs of the stock market. He diversifies across operators, geographies and asset classes.

He moved from Montreal to Pennsylvania in 2002 where he attended university. Afterward, he moved to Los Angela’s where he worked for Disney. While working, he decided to invest in cash-flow assets that eventually gave him the flexibility to leave the corporate world.

Jeremy defines his view of active versus passive investing. For him, the difference is centers around direct control of assets.

Passive investors generally do not have a direct say in the investment while active investors own, control and direct assets. He discusses the pros and cons of investing passively versus active investing. Passive investing runs slightly higher risks of fraud as you usually have little control.

As an active investor, it’s...

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Episode 55: Al Adler – ABA Energy - An Oil & Gas Primer

show Jul 20, 2018

Al Adler is CEO of ABA Energy Corporation joins us to provide a broad overview of the Oil and Gas sector. He describes his early career in the Oil and Gas industry and how he started out in the oil patch in the United States and then traveled to several countries. After a few years, he broke out on his own by heading up a companies Oil and Gas branch. That ended up being a tremendous success which spring-boarded him into launching the company ABA Energy in 1991.

Al lives and operates in Bakersfield California. He says, “They have been doing business pretty much the same way since 1991.” They are unique in that they make value for themselves by exploring and drilling for oil and gas. They have done well over the long term by minimizing risk via working on many smaller projects at any time. The Oil and Gas sector is a very cyclical market, and you have to be careful during the downtimes. They often partner with larger companies that work well with his team and who see the...

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Episode 53: Gene Gaurino - Investing in Assisted Living Facilities

show Jun 29, 2018

His company RAL Academy takes single-family homes and converts them into assisted living homes. They also focus on teaching others how to accomplish this business. They recommend hiring out the caregiving aspects of the business.

There are seventy-seven million baby boomers. That means there are 10,000 people every day turning 65 years old and 4000 people every day turning 85. This translates into hundreds of thousands of people needing assisted living every month and that demand is only growing. Some elderly may elect to move into a nicer home on their own while others may have to as their family can no longer care for them.

They look for a one-story home in a good location. Having no stairs is a big plus and a larger home works better. He recommends 300 square feet of living space per resident. They usually focus on having one or two people per room. One can occasionally convert other interior space into bedrooms. You want a building in nicer neighborhood usually one that is...

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