My Cash Flow Academy's Investors Corner
Podetize
Real estate investing can mean so many different things to people working in so many different areas of real estate. One thing they can all agree on is that the journey always starts out with the rush, the thrill of making a new investment, the anxiety of wanting – and needing – to find your first deal and hope it’s a winner.But is there a way out of the rat race?Welcome to My Cashflow Academy’s Investors Corner. In this program, you will learn from other real-life real estate investors sharing their tales of how they finally got out of the rat race and lived to tell the tale.Our guide through this journey is Athena Paquette Cormier, a mortgage broker by profession and the Founder of My Cashflow Academy. Through her interviews of top experts and regular people just like you, you will discover how they got out of the rat race, inspiring and guiding you to your own goal of financial independence. Every path to financial freedom is different so listen in to their stories, pick up their strategies and discover what path you might take that you never thought of AND get the tools to get there.As the founder of My Cashflow Academy, Athena is no stranger to educating people about finance and investment, and with her impressive résumé, that shouldn’t come as any surprise. In fact, Athena has been out of the rat race twice now (once before going through a devastating divorce only to rebuild and get out stronger the second time) and wants to help as many people as she can do the same.Besides being a government mortgage underwriter for the FHA 203k rehab program and guiding both borrowers and realtors in rehabbing properties in the 1990s to acquiring her MA in psychology. Athena has the tools necessary to best impart the knowledge you need to succeed in the field of real estate investment.As for experience, Athena’s got plenty! Athena has had over 30 years in the mortgage brokerage business, and even more in finance in general. She’s a dedicated property investor who’s owned and managed all kinds of real estate assets from short term rental condos, to apartment buildings to plexes and notes in several states.Before My Cashflow Academy, Athena owned and operated Crestwood Mortgage Company in Torrance, California. After eleven years, she eventually transitioned to even greater things. Now, she juggles a host of other real estate-related positions on top of her work with My Cashflow Academy. Since 2003, Athena has been the President of Mortgage Bootcamp Inc., which provides educational and expert advice to industries inside and outside real estate, even choosing to study for the Series 7 and 66 exams, pass them with 90%, and become a financial advisor for ten years before refocusing on real estate.With My Cashflow Academy, she has made a living educating and advising people on making wise investments, and this show is an extension of that. My Cashflow Academy’s Investors Corner is for anyone trying to create passive income from cash flowing properties so that you too can get out of the rat race and stay out and live the life you wish to, not the one you have to. Fueled by the individual stories of each guest that comes through the show, each episode contains something new to learn, something you might not even have heard about up before!There are so many things you can put your hard-earned money into. Choose your investments wisely so it can grow. Whether you’re in your 20s or your 60s, real estate investment is something you can do – and you can do it well with the help of Athena!Are you ready to invest? Come join us on My Cash Flow Academy’s Investors Corner because we’re ready to help you find the right path to attaining success.
Location:
United States
Networks:
Podetize
Description:
Real estate investing can mean so many different things to people working in so many different areas of real estate. One thing they can all agree on is that the journey always starts out with the rush, the thrill of making a new investment, the anxiety of wanting – and needing – to find your first deal and hope it’s a winner.But is there a way out of the rat race?Welcome to My Cashflow Academy’s Investors Corner. In this program, you will learn from other real-life real estate investors sharing their tales of how they finally got out of the rat race and lived to tell the tale.Our guide through this journey is Athena Paquette Cormier, a mortgage broker by profession and the Founder of My Cashflow Academy. Through her interviews of top experts and regular people just like you, you will discover how they got out of the rat race, inspiring and guiding you to your own goal of financial independence. Every path to financial freedom is different so listen in to their stories, pick up their strategies and discover what path you might take that you never thought of AND get the tools to get there.As the founder of My Cashflow Academy, Athena is no stranger to educating people about finance and investment, and with her impressive résumé, that shouldn’t come as any surprise. In fact, Athena has been out of the rat race twice now (once before going through a devastating divorce only to rebuild and get out stronger the second time) and wants to help as many people as she can do the same.Besides being a government mortgage underwriter for the FHA 203k rehab program and guiding both borrowers and realtors in rehabbing properties in the 1990s to acquiring her MA in psychology. Athena has the tools necessary to best impart the knowledge you need to succeed in the field of real estate investment.As for experience, Athena’s got plenty! Athena has had over 30 years in the mortgage brokerage business, and even more in finance in general. She’s a dedicated property investor who’s owned and managed all kinds of real estate assets from short term rental condos, to apartment buildings to plexes and notes in several states.Before My Cashflow Academy, Athena owned and operated Crestwood Mortgage Company in Torrance, California. After eleven years, she eventually transitioned to even greater things. Now, she juggles a host of other real estate-related positions on top of her work with My Cashflow Academy. Since 2003, Athena has been the President of Mortgage Bootcamp Inc., which provides educational and expert advice to industries inside and outside real estate, even choosing to study for the Series 7 and 66 exams, pass them with 90%, and become a financial advisor for ten years before refocusing on real estate.With My Cashflow Academy, she has made a living educating and advising people on making wise investments, and this show is an extension of that. My Cashflow Academy’s Investors Corner is for anyone trying to create passive income from cash flowing properties so that you too can get out of the rat race and stay out and live the life you wish to, not the one you have to. Fueled by the individual stories of each guest that comes through the show, each episode contains something new to learn, something you might not even have heard about up before!There are so many things you can put your hard-earned money into. Choose your investments wisely so it can grow. Whether you’re in your 20s or your 60s, real estate investment is something you can do – and you can do it well with the help of Athena!Are you ready to invest? Come join us on My Cash Flow Academy’s Investors Corner because we’re ready to help you find the right path to attaining success.
Language:
English
Website:
http://mycashflowacademy.com/
Episodes
Revolutionizing Construction in Affordable Multifamily Housing the Cassette Systems Way
4/9/2024
I welcome Dafna Kaplan, the CEO of Cassette Systems, a trailblazer in modular home products for multifamily buildings. Dafna will be unveiling an exciting new product, making this a must-listen episode for anyone passionate about housing, affordable living, and scalability. After two years of anticipation, we are delighted to have Dafna joining us for this enriching conversation finally.
Revolutionizing Construction in Affordable Multifamily Housing the Cassette Systems Way
Dafna Kaplan, the CEO of Cassette Systems, joined the Women Making History series to share how her path from social work, consumer product sale, to PR for an architectural firm, to a commercial construction firm led her to her passion for multifamily affordable housing built with a manufactured product that she developed.
Imagine an apartment building that can be built green, efficiently, economically and quickly. while leaving very little footprint. Her experience in construction and her background in consumer product sales lead her to her ah-ha moment that the process is at fault not the product. She is set to revolutionize the construction industry by changing how things are done in one of the most inefficient big businesses in our economy. She also had a big reveal for a new product her firm Cassette Systems is launching in the fall and yes, she has some show and tell of projects now underway. We'd love to know what your favorite is, so please drop it in the comments.
https://www.cassettesystems.com/ https://mycashflowacademy.com/
#womendevelopers #prefabhousing #factorybuilthousing #realestateinvestors #ADU
#processequalsprofit #womenininvesting #apartmentbuildings #construction
#affordablehousing
Duración:01:02:20
Unshackled - The Black Girl's Journey to Getting Financially Free - Author Dr Paris Woods
4/9/2024
Dr Paris Woods EdD grew up in a single parent low income household and knew from a young age that education was her way out of poverty. What she didn't learn was about how money works.
Hear her story of getting buried in debt at 18 and thinking this is normal, to many other poor choices following poor advice, to her sharing her tips on how she got out of $70k in debt, to living mortgage payment free, to becoming a Doctor while staying debt free and now making a life she chooses to live instead of being trapped in a life she has to live. She believes in the FIRE movement and encourages you to #unshackle yourself from debt and live FREE. She has a mission and life purpose of showing black women that they too can be FREE.
Be sure to check out her book A Black Girl's Guide to Financial Freedom
#blackwomen #FIRE #debtfree #househack #womenshistorymonth #unshackled
Duración:01:02:18
Create massive cash flow with your home with this new law
12/15/2023
Create massive cash flow with your home with this new law
Women in Investing Network (WiIN)
Gloria is a partner in Riechers Engineering. They help homeowners create more housing and more profit through Additional Dwelling Unit, ADU’s and lot splitting to create more affordable housing allowed as part of California Senate Bill #SB9 with 25 lot splits under their belt, they can tell you the pros and cons, and just how it gets done!
Gloria Riechers is the CEO of Riechers Engineering, a unique Civil Engineering firm that has created its own niche in the residential development landscape of California. Gloria and her father started this business in 2021 as soon as California passed a new state law, Senate Bill 9. With this revolutionary new state law, homeowners are now allowed to subdivide their properties, gaining access to incredible opportunities and value that was not accessible before. Gloria has been an entrepreneur for most of her life, previously specializing in the health and wellness industry.
email: Gloria@riechersengineering.com
#SB9 #gloriariechers #athenapaquette
Duración:00:54:31
5 Biggest Mistakes Landlords Make - Eileen Kendall Esq
10/28/2023
Eileen Kendall, Esq. and founder of Kendall Law, is a highly experienced California real estate attorney with a proven track record of success. She is the proud owner of a thriving law firm that started with just her in October of 2016. Eileen’s dedication and commitment to her clients are evident in the time and effort she puts into every aspect of their legal needs.
Since being admitted to practice law in California, Eileen has focused her practice on litigation, with an emphasis on real property and business matters. Kendall Law represents a variety of clients ranging from property management companies to individuals, and real estate professionals.
Key Topics We Will Cover
-Avoiding Million Dollar Lawsuits
-Doing It Right
-Top 5 Lawsuit Triggers
https://www.kendalllaw.net/
#realestateinvesting #problemsinrealestate #realestatedisputes #tenantlaw #passiveinvesting #landlords #californiarealestate #larealestate
Duración:01:00:29
Build Your Affordable #prefab #tinyhouse home in 4 Hours with Robotics!
9/7/2023
Build Your Affordable #prefab #tinyhouse home in 4 Hours with Robotics!
Go green and catch the affordable housing wave! Build a factory built 1 bed 1 bath home in 8 hours!
Join me as I chat with Joe Basel CEO of Practical Revolution, a tiny home builder, and village developer.
A new movement is dawning out of the success and observed shortcomings of the Housing First approach. He is designing communities that lift people up toward a life of hope, purpose, and happiness.
Practical Revolution brings vulnerable individuals who are coming thru and out of serious trauma into the embrace of wraparound support services and healing housing. They also help facilitate intentional healthy community and relationships. All for a fraction of the cost of current permanent supportive housing, in a rapidly scalable platform.
Radical Affordability
These homes are radically affordable. We are budgeting for rents as low as $300/month all in non-subsidized for an SRO unit. The current developments are coming online for between $50,000 and $70,000 per door all in even after purchasing land and full infrastructure build-out.
With sponsored land, cooperative utility companies, and helpful planning and zoning authorities, they can do even better. At this cost, they are able to quickly scale to a meaningful number of homes in a short time frame. Hundreds or even thousands of units built in months, not decades.
#ADU #communityfirst #modularhome #prefab #realestate #AI #realestateAI #threeDrealestate #factoryhomes #transitionalhousing #homeless #affordablehousing
Duración:01:06:03
How to Become RentAble to 4.5 Million Untapped STR Guests
8/8/2023
How to Become RentAble to 4.5 Million Untapped STR Guests
Join me as I chat with the founder of becomingrentable.com, Lorraine Woodward, who will share how her company is turning the short-term rental market on its head.
Lorraine left a successful long-term career in the corporate and nonprofit world to create the solution she and families like hers needed.
You see Lorraine is living with MS and has 2 children with muscular dystrophy, MD. So it was a challenge, and let's be honest, a stress on her husband, for them to find the right place to stay when traveling.
She bought a second home and made it wheelchair friendly. Then when they weren't using it they put it out as a short-term rental. She had people drive from Texas to NC because there is such a need.
That was the spark.
She is going to be the Expedia Group/VRBO for special needs accommodation.
And she is growing like gang busters.
The growth of Becoming rentABLE in just 2 years has been staggering, during this time Lorraine’s teams' accomplishments include:
Having over 1200 accessible short-term, rental properties on their listing map, which makes them have more accessible short-term, rental listings than Air BnB and VRBO combined.
Listings in all 50 states in over 685 cities across the United States.
In August, International Hospitality Media Limited out of the UK listed Lorraine Woodward and Becoming rentABLE in the top 20 influencers across travel, hospitality, and real estate.
The team has built the first and only fully accessible short-term rental property for individuals with mobility, vision, hearing, and/or Autism/IDD in the United States.
Becoming rentABLE is 1 of 12 startups selected for Expedia Group's new Open World Accelerator program. Each startup has created technology to improve accessibility for underserved travelers.
Come hear her story AND how you can stand out as a vacation home provider for those who have been ignored until Lorraine came along that is.
What do you need to stand out and how can her company help you serve this part of the vacationing public profitably?
https://www.becomingrentable.com
https://www.becomingrentable.com/the-little-yellow-house
#investmentproperty #handicapstr #lorrainewoodward #athenapaquette
Duración:01:03:11
How to Get 3X ROI with Apartment ADU's
6/19/2023
Multifamily ADUs top floor, bottom floor and garage ADUs
Join us as we chat with Cameron Crockett of UltraUnit a company that specializes in creating ADUs in multifamily dwellings, specifically in Long Beach CA.
He will take us through the process from visioning the ADU space layout and feel, to minimizing cost and disturbance to the existing structure and tenants and maximizing property value, to getting permits to completion. He will share how he also minimizes the time for permitting.
He has created ADUs on top floors of buildings, in parking lots, on the side of existing buildings, and his favorite: converting garages into living spaces.
He will give us guidance on what makes an ADU expensive and how to circumvent the top 5 killer mistakes investors make when creating an ADU.
Why did I choose him as a guest? Because he is helping us with our ADU after false starts with another architect who it turns out was not familiar enough with the process or the city.
Even if you are in a different city, his approach and dos and don'ts are universal, and worth the investment of time to learn.
www.ultra-unit.com Cameron Crockett (562) 997-0971
#cameroncrockett #ultra-unit.com #athenapaquette
Duración:00:51:38
Crowdfunding Real Estate with SmallChange.co - Eve Picker
3/26/2023
You have heard of GOFundME, Fund that flip, and Fundrise, but now there is a woman-founded crowdfunding platform specifically for real estate projects that were created by minority founders or that serves a minority community.
Seeing a need to be hyper-focused to build neighborhoods back up, create opportunities for underserved entrepreneurs and communities, and just be creative to lift everyone up. From Baltimore to Portland, from garageADUs, to tiny homes, to rehab of multi-families, to co-work spaces for creatives, they are helping create change and helping you be a part of it.
Join me as CEO Eve Picker, Lover of cities, Architect, Urban Designer, Real estate developer, FinTech pioneer, and Urban change agent shares her story, which is the spark that created this idea, and how she brought SmallChange to life, and her vision for SmallChange.co and the people it serves.
#crowdfundingrealestate #minoritylending #adufunding #evepicker #athenapaquette
email: eve@smallchange.co
Duración:00:58:10
Learn about Symbihom & Garage ADU kit with Rebecca Moller
3/15/2023
Meet Rebecca Moller, founder and creator of SYmbiHom, the garage ADU kit!
Cities need to meet RHNA mandates. Institutions and corporations need to ensure that workforce housing is available to attract and retain young talent and to grow. Homeownership is unaffordable for the average earner.
An aging population needs to age in place with income to assist them.
In California, one in three homeowners and renters are cost-burdened, spending > 50% of their income on housing. 3.5 million market rate and affordable housing units are needed in California alone. New multi-family construction cannot meet demand. Workers cannot afford to live near work and half of our aging population needs an income subsidy.
Increased land cost, land use laws, permitting, development processes, and rising construction costs have slowed the rate at which traditional new residential density can be built. In short, demand outweighs supply—most notably in metro areas where a lack of affordable housing has forced workers far away from their employers.
The Solution: convert existing garages into living spaces. and have an easy-to-implement kit to do it. That's SYmbiHom! An efficient, green housing solution and fast track to creating workforce housing in the neighborhoods they serve.
Rebecca is passionate about creating housing and in scaling this solution from the 80 kits that have been sold in 2022 to 4,000 kits in 2026.
https://www.symbihom.com/
Phone: (510) 930-8900
Email: info@SYMBiHOM.com
#affordablehousing #investmentproperty #Rebecca Moller #athenapaquette
Duración:01:00:10
Catherine Bell - Investor and Cash Flow Creator
11/23/2022
Join me as I chat with Catherine Bell, investor, author, Radio host, and philanthropist.
Her personal story is riveting from her growing up at the tippy top of British Columbia to living in the desert of AZ, from being a foster kid at 16 to adopting her 2 children to empowering foster kids across the nation, to surviving a tragedy as a mom most recently. Even more so, you will be spellbound by her Jedi real estate investment strategies!
Catherine Bell, a Radio Show Host, and Financial Jedi Master collapses timelines and adds commas to her investor's bank accounts.
As a Hedge Fund owner, Catherine has taken a stand in a male-dominated industry. As a Sentinel of the American Dream and with the purpose of leaving every person, property, and community better than she found them she creates wealth for her team and investors.
Catherine values Family above all; as a result of being adopted at the age of 16, her mission in life is to get the 350,000 adoptable children in the US Foster Care System adopted by loving families within her lifetime.
As a woman that owns a Hedge Fund, she has been and currently is a buy-and-hold investor, Airbnb investor, Commercial and Residential Builder/ Developer, Mobile Home Park Investor, and Private Money Lender.
Catherine is a Radio show host of the American Dream Impactor show whose mission is to empower, educate, and influence those looking to bolster their self-esteem, build wealth, and create their own American Dream.
Let’s find out how she built her wealth, chose her niches in real estate, what she is doing to pivot in today’s new markets, and how she scaled into mega cash flow together.
I know you will walk away with gems of wisdom to make your American Dream come true!
#financialintelligence #cashflow #catherinebell #athenapaquette
Duración:01:11:23
BUY NOW SELL LATER: The Reverse 1031 Exchange
11/23/2022
Reverse 1031 Exchanges With Bill Exeter, CEO of Exeter Companies
You want to upgrade your property and get better cash flow BUT you don’t want to sell your current building before finding your up-leg property . This is the constant dilemma of what comes first.
Why you want to find the property first:
· Your departing property is easy to sell but the new one is not as easy to find and buy.
· You don’t want to buy under the pressure of the 45-day time clock ticking on the identification period.
· You don’t want to pick something just because time ran out.
· Sellers don’t want contingent offers even in the commercial area.
Sometimes the great deal shows up when you least expect it and you have to move FAST to get it – no time to market and sell the old property. How do you buy that one first and still qualify for a 1031 exchange?
Enter the Reverse 1031 Exchange!
And there are 2 ways to do them. Join us as we discuss the 2 ways to BUY NOW and SELL Later using the Reverse Exchange, unless you have a ton of cash, you will be glad to know that we will also discuss how to finance the whole thing.
Bill Exeter has been in the financial services industry for over 40 years. He has administered, in excess of, 125,000 1031 Exchange transactions, is one of the founding members of the 1031 Exchange industry’s trade association, the Federation of Exchange Accommodators, and has administered thousands of Self-Directed IRAs and Individual 401(k) Plans and Custody/Investment Accounts during his extensive career.
#reverse1031exchange #billexeter #athenapaquette
Duración:01:24:04
Sinatra & Company Tampa Multifamily Opportunity - Anthony Nanula CFO
10/24/2022
Have you ever wanted to own big multifamily or big commercial buildings, and then realized you don’t have enough money, or don’t want to put all your eggs in one basket, or would have to quit your day job to do it? Well, there are deals out there where you can own just a sliver of the big deals and learn from them too!
Here is one we found at Freedom Fest this year. For the passive investor you get the income but also they structured this for you to get the write-off of Cost Segregation.
Sinatra & Company Real Estate, SCRE, is the owner of 5,500 doors, valuation of about $600million in assets in Buffalo, Upstate New York, Chicago, Indiana, Florida, and Dallas. They are now shifting assets to more friendly landlord states.
To see the full write-up: https://www.sinatraandcompany.com/
The project they are raising money for is a 218-unit garden-style apartment building in Tampa, FL
10.22 acres
YB 1965
Price 41mill
Debt 31mill
20 mill equity raise.
Come hear the details AND a special opportunity to lend.
Anthony Nanula the Chief Investment officer will be joining us to share the opportunity, and the families' histories in building rehabbing, and turning a profit while providing the affordable housing needed. My favorite is how they repurpose last-century commercial buildings into cool living quarters and mixed-use living spaces.
Disclosure: This is recording is information and education only. This is NOT an offering to purchase or a securities offering.
#multifamilyinvesting #anthonynanula #athenapaquette
Duración:01:15:55
Rent to Retire in Knoxville TN - Dirty Bike Rider, Mike Weatherford
10/24/2022
Rent to Retire Knoxville, TN, Mike Weatherford Story.
Is Knoxville a Good Place to invest? Listen to Mike’s story in why he moved to Knoxville, TN.
Have you ever dreamed of getting out of the rat race and golfing all day, being by the beach, or even hiking in the mountains? Or maybe a combo of all 3?
Years ago my parents were wanting to snow-bird from Ottawa Canada to CA and loved the golf course life and the weather in the Palm Springs desert area. Quiet laid back, museums, hiking, it had it all.
Knowing that it would be hard to save for a home here and that things usually get more expensive, not less, I suggested to my dad that we go in on a home there. Coincidently I had a client who was moving from their current desert home to a newly built one in the same complex. I went down to check it out and thought it had everything they wanted. That was January 2001. The condo cost $87,000 my parents and I both chipped in $5k to cover the 10% down and closing costs. The community is the Desert Princess Country Club.
We were able to rent it out seasonally, though not a lot at first, then in 2005 and 2006 buying second homes became popular, vacation rentals by owner (that became VRBO) were invented and that part of the real estate investing market became much easier.
So, we were able to rent it out and USE it – the best of both worlds!
Rent to retire R2R™
Let tenants, whether short-term or long-term, pay your bill so you can retire the way you want WHERE you want.
We still own that property and will have it paid off soon.
Now listen in as we learn from my guests where they bought, how they financed it, and how they manage their rent to retire properties.
My first guest is Mike Weatherford, a former pro dirt bike racer, now a medical professional who is married with 2 children, has owned 3 different homes, and took the leap this year in buying his Retirement home.
Find out how he picked the city, what he paid, what the market rent is, and how he manages all this when the property is 2000 miles away
Duración:00:49:57
Solving the Student Debt Crisis with YREFY
9/20/2022
Did you know?
The US has $1.7 trillion in student loan debt outstanding
$200 billion of that is private (non-government backed) students loans and about $21 million are in default.
Did you know that if you are in default on a student loan there is a much higher default rate 15-20% if you add up late fees etc.
There is a way out of the digging of that hole and having wages garnished AND a way to stop the downhill roll of the borrower's credit score and God forbid any co-signer credit score being ruined.
Did you know that you cannot file bankruptcy and wipe out student loans?
Angie Merget VP of Business development and
Laine Schoneberger Chief Investment officer and Managing Partner walk us thought he numbers, their due diligence and underwriting and therefore how they manage to only have a 1% default rate. AND how the managed the moratorium during Covid.
They also shared how you as an investor can do good and do well financially by investing. You must be an accredited investor.
If you know someone in need of assistance have them, call Angie.
If you want to invest in their fund, Call Angie!
Enjoy!
#studentdebt #investingindebt #laineschoneberger #angiemerget #athenapaquette
Duración:01:04:11
PadSplit Affordable Housing Update Frank Furman
9/20/2022
PadSplit is an affordable housing model, where individuals rent a room in a house while the other rooms are rented by unrelated people.
We met with Frank Furman of Padsplit almost 3 years ago! I couldn’t believe it when I looked it up. October 2019.
Here is that interview where he explains how they started, the nuts and bolts of how it works, the downside to strangers living together, and if it is profitable.
For those of you who missed that call: PadSplit is an affordable housing model, where individuals rent a room in a house while the other rooms are rented by unrelated people. Mostly single people, mostly who are new to town, in transition waiting for housing, or on a short job stay/assignment. Some need to build or rebuild credit in order to become viable long-term renters, but usually NOT students. Everything is automated and run through PadSplit.
At the time they had 300 units under management in the Atlanta area. At the time, I asked about Indy, CA, etc they were just starting to work on Houston.
Frank now joins us to tell us what has developed 2.75 years later.
They now have 4,600 units on their platform.
They are now in the following cities and markets:
Houston, Dallas, Tampa, Orlando, Jacksonville, New Orleans, Richmond, Indianapolis, and Las Vegas (before they were just in Atlanta)
...LA we're not quite there yet. Hopefully in the next year
...anyway, lots more to share and plenty of new ways for investors to take part.
To learn more go to https://www.padsplit.com/
#affordablehousing #investmentproperty #frankfuram #athenapaquette
Duración:01:20:40
Zennihome - ADU in 3 months 30% less that stick build - CEO Bob Worsley
8/7/2022
| | Dear Fellow Investor,
As you probably are aware of by now, I am a strong advocate for affordable housing.
Turning ugly into pretty has been part of my mortgage production goal since 1995 when I was originating AND underwriting the FHA 203k (rehab) loan.
More recently working with HomeNow an agency for homeless that I am opening some of my units to in Indiana.
The last few years, but more so the last 2 years, I have been looking for the most affordable and easiest fastest way to get more housing units on the market. I have shared some of those conversations with you. and here is the newest chapter!
This week, I am chatting with Bob Worsley of Zennihome.
First of all they ship all over the world. Most factory built (modular/prefab) companies I interviewed are not shipping outside of, at most, 2 or 3 states.
Many of these companies had their prototype but are not yet in production or don't own the factory to produce their homes. Both major blocks to getting our goal met. Zennihome has the factories and is already building AND their architect , co-founder, has built 100's of spec homes.
Bob is doing it in a responsible way. He takes shuttered properties that are an eyesore and are possibly a danger to the environment and community that surrounds them. He repurposes them, cleans them up, gives them a new life and gives the community something to be proud of and jobs.
Like their factory in Page, Arizona, once a Navajo Power Generating Station that used to be a coal plant. shuttered with many lost jobs. Now has employs workers in prefab modular housing, a growing industry. This is exactly what the Opportunity Zone program of the 2017 tax bill was designed to do.
Not only are they building these beautiful homes but they are taking it to another level: 100 unit apartment/mixed use building in Mesa AZ.
I have invited Bob to educate us on his product, process of building and shipping from AZ to wherever, timeframes as well as cost.
Some of us in My Cash Flow Academy Community have the land ready to go, we just need the best solution.
Yes he is a real estate investor in the truest sense. He owns 100,000 acres and 1MILLION acres in mineral rights.
Buckle Up! This will be a fast paced and enlightening take on modular homes.
#zennihomes #bobworsley #adu #modularhomes #athenapaquette
Duración:01:13:30
Multifamily Market Update 2022 - Pat Swanson with Colliers International
8/5/2022
Multifamily Market Update 2022 - Pat Swanson with Colliers International
Dear Fellow Investor,
We sat down with Pat Swanson of Colliers International here in California. We asked a lot of questions about the multifamily real estate market!
Have you been wondering whether we will finally see a buyers' market in multi-family housing? Have you been waiting on the sidelines to buy an apartment building only see prices keep going up up up?
Is the party finally over for sellers? Are prices finally coming down?
I thought it would be a good time to check in with Pat Swanson VP at Colliers International whose team covers SoCal Multifamily real estate, mainly Orange County and Los Angeles counties.
His team has closed 44 transactions in the last 12 months and he as always, will come with hard data on market trends and where the market is shifting.
With interest rates 1% higher than last summer and cap rates compressing this should be creating softness or even slight price reductions which tends to be a downhill self-fulfilling event, BUT to balance that out the moratorium has been lifted and Additional Dwelling Units (ADU’s) are coming to market there might just be a little more upside before the peak...
Is he seeing a lot of ADU’s in multifamily, is that helping the cash flow and values as we would expect? Is the new state wide rent control affecting values?
Will he agree? Does the Data Agree?
Pat has a database of over 100,000 multi-family buyers and sellers. Listen to this podcast as shares the pulse of investor sentiment very quickly.
For more information on Pat Swanson and his team, visit his site here: https://www.colliers.com/en/experts/pat-swanson
For more investment updates, subscribe to my newsletter here: https://mycashflowacademy.com/#newsletter
#multifamily #realestateinvesting #patswanson #athenapaquette
Duración:01:05:56
Teaching Teens to be Financially Independent with Jessica Perrone
7/24/2022
JESSICA PERRONE - teaching teens to be money smart
Here is the newest installment of my Women in Investing (WIIN) Series of investor chats.
As you know our main goal for our group is to educate and elevate women everywhere to better financial health and wealth. If you don't know, check out the website www.womenininvesting.com
I have a fabulous lady for you to meet!
Jessica Perrone 16 year Wall Street Veteran, Founder of Her Financial IQ and Host of “Her Investing Coffee Talk” Show, empowers women & teens of all backgrounds through money & investing education.
Have you ever said to yourself:
in front of the children?
It’s time! We as women must educate young women, as young as possible (in the womb), to be not only comfortable but confident with their money and investing.
Yeah but Athena... I don't know an ETF from an NFT how I am going to help my daughter?
This is the only way to have a secure and independent future. The only way to be comfortable with the way money works, is to understand it. Financial disasters usually come from lack of knowledge and rarely from the once in a lifetime world disasters.
So how do we teach women, and young women specially, to take control of their financial destiny? Through education.
Jessica Perrone creator of Her Financial IQ (HerFinIQ.com) series of classes to take teens, their mother and grandmothers through a series of financial literacy classes that take you from knowing nothing, getting the basics down to ETF NFTs and how to build a portfolio that fits you as the investor you have determined you are.
I am excited to have Jessica join me to share her wisdom as an investor and mentor, because as you know I am living proof that you can create and build wealth even if you are starting with nothing. I had to do it the hard way in the 1990s, now there are so many resources, probably too many for young people today. So now guidance is needed more than ever.
Yes your daughter (and you) can be stronger financially, If you just learn how money works!
#jessicaperrone #teachingteens #athenapaquette
Duración:01:04:28
Divorce After 50 with Janice Green, Esq
7/24/2022
Janice Green, Esq. a family law attorney author, and Professor with a career spanning more than 44 years, discusses the unique challenges of getting divorced after 50.
I bring you this guest because I am getting more and more calls about the big D and whether the spouse who is calling me can afford to and qualify to keep the house.
It reminds me a lot of during and after the 9/11 Tragedy, people faced a world that was changing (we thought was ending for about 2 weeks) and made life changes like moves and divorces, and marriages.
Of course, one of the first things that come to mind: Can I keep the family home? But there are so many more issues that are the same or even more important.
Will I still get his/her spousal social security
Will I get part of the pension he/she gets
Will I get spousal support? What if he/she quits the job and doesn't have the income to pay me?
How much cash will I get and is it enough?
Will I have the same health insurance?
What if he/she remarries, do I still get their pension/social security or out in the cold?
I bought that, shouldn't I get to keep it?
What is community property and what is mine?
Do we even need a lawyer, he/she says we don't?
...and Yes, how can I pay them out of the house and keep the house?
The big difference is that after the age of 50 you have more assets and are not able to recover as fast from the loss of assets or income as when you were young.
Come learn the top 5 deadly mistakes you might be making BEFORE you start the process.
Janice has seen it all, so bring your questions... even if you are just asking for a friend.
This will be a fast-paced but deep conversation on a topic none of us wants to have but sometimes we are pushed into it.
... And you will LOVE Janice's sense of humor.
#JaniceGreen #Divorceafter50 #athenapquette
Duración:01:03:53
How to Create Your Own Pension with Damaris Johnson
1/26/2022
How to Create Your Own Pension with Damaris Johnson - https://mycashflowacademy.com/ If you are looking for How to Create Your Own Pension with Damaris Johnson, then listen to this podcast to learn everything you need to know about How to Create Your Own Pension with Damaris Johnson
Dear Fellow Investor,
Happy New Year!
When I discovered these tools I was AMAZED at 25 that I could invest, save grow AND borrow against the asset???? at that age i was a stock picker, investor but didn't what was possible.
By 28 years old, I had an apartment building, A house almost paid off but again who needs insurance at 25 - no one. so we think...
This Vehicle propelled the speed of investing and growth and i didn't even know it existed...
For those of you who have taken the My Cash Flow Academy Class you know that in IDEAL my favorite letter is L = Leverage.
I hope you can join us tomorrow at 6pm Pacific to hear Damaris share her story and how we might benefit.
See below the original message:
Our first Women in Investing of 2022 is next Tuesday 1/25 at 6pm Pacific.
As you know our main goal for our group is to educate and elevate women everywhere to better financial health. Learn before you Earn as i always say. and I am always learning!
Our Monthly (sometimes more) webinar Women in Investing will be starting off the year with a fresh look at our retirement planning. Most of us need a multi-pronged approach and Damaris will be giving us tools to grow our wealth and protect our family.
I LOVE the idea of double dipping my money and this is even tripled dipping.
I love the idea that you can start small. And to those of you who know a young person FORCE them to start young!
When I discovered this tool I was in my mid-twenties and thrilled! I used to it to grow assets but borrowed against it to buy a property, later to pay for the wedding, and it's still growing...
I hope you can join me as I have a frank conversation with
Damaris Johnson about creating our own pension the profits, has safety latches, liquidity and protection. AND the reason Mortgage insurance is good for you.
Damaris is a champion for the business owner creating wealth and protecting what they have for their family's future.
She mostly works with single moms as she was one herself. She also helps women understand their financial needs and how to meet them on a budget. Her life challenges make her the ideal advocate for you. She has had nothing and had a lot, and can show you how to create what you need to live the life you deserve!
Join us as she shares the tools, nuts and bolts that will help you grow your wealth and protect it too.
She might also share how she helped her husband grow strong and regain speech after his stroke and what living on a boat (read yacht) was like and cooking great meals in a tiny boat kitchen.
This lady loves to figure it out no matter what part of life!
#damarisjohnson #insurance #investment #athenapaquette
Duración:01:10:36