Cash Flow Guys Podcast
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430 episodes
In this episode Mike and Tyler discuss the urgent need for investor to step up their earnings in order to remain ahead of inflation
In this episode, Tyler discusses many of the dangers of coliving that most people are not talking about.
In this episode, Mike and Tyler discuss some recent events that Mike experienced at a local job fair.
In this episode, Mike Marino goes solo as host this week while he interviews Jon Fritz a serial entrpreneur who owns multiple small businesses in Mike's hometown of Salida, Co
In this episode, Mike and Tyler discuss some of the pitfalls in low hanging fruit.
In this episode, Mike and Tyler discuss Mike's recent accident and how his backup plan made the situation far less painful than it could have been.
In this episode, Mike and Tyler discuss was to cash flow on a property without ownership.
In this episode, Mike and Tyler sit down with Jim Sheils to discuss the new-to-market strategy of build to rent. To connect with Jim, please choose a link below: jim@18summers.com jjplaybook.com https://jjplaybook.com
NATIONAL ASSOCIATION OF REALTORS LAWSUIT & BUYER REPRESENTATION THE LAWSUIT - WHAT'S AT STAKE? __ __ Origins of the Dispute - Why Now? __ __ Part 3: Potential Outcomes and Implications __ __
In this episode, Mike and Tyler discuss the benefits of aquiring service businesses as investment vehicles.
In this episode, Tyler and Mike discuss how to avoid problems when hiring contractors.
In this episode, Tyler sits down with Shep Harris of Live Oak Bank to discuss SBA Lending for ALF's and other small businesses.
In this episode Mike and Tyler discuss what they learned in 2023 in regard to zoning.
In this episode, Mike and Tyler host an interview with Dayton Stamey, the owner of ApplianceProfit.com/start, a web-based training platform designed for individuals interested in appliance repair company training. As we explore the world of service business owners, we stumble upon a hidden gem within the industry. Imagine a business venture that doesn't demand substantial initial capital, yet allows you to both learn and earn while providing valuable services to your local community. While some might dismiss it as a get-rich-quick scheme, this episode unveils the secrets to swiftly building a 7-figure business with minimal investment. Among the 414 previous episodes, this one is bound to become a favorite and a treasure trove of valuable insights.
In this episode, Mike and Tyler interview Stephen Nguyen once again to hear of some painful lessons learned since our last episode with him.
Quick recap Tyler and Michael had a comprehensive discussion about the current state of businesses and the economy. They explored alternative investment opportunities, including franchising, real estate, and cash-flow businesses, as potential avenues for financial security. The conversation also featured Greg Mohr, who provided insights into the franchising process, including different types of franchise models, fee structures, and potential earnings in the service sector. Summary Business, Economy, and Investment Challenges Tyler and Michael discussed the current state of businesses and the economy, focusing on the challenges faced by employees and business owners due to government intervention and market uncertainties. They also explored alternative investment opportunities, including franchising, real estate, and cash-flow businesses, as potential avenues for financial security. Greg Mohr, the owner of Franchise Maven, joined the conversation to explain his role as a middleman between franchisees and franchisors, providing valuable insights into the franchising process. Franchise Models and Earnings Potential Greg provided Tyler with an explanation of the different types of franchise models, particularly the role of a master franchisor. He detailed how a master franchisor purchases all 10 territories in an area and uses one as a training unit for new franchisees, then sells the remaining territories to other franchisees and earns a commission on the franchise fees and royalties. The team also discussed the concept of multi-level marketing, real estate ownership in the fast-food industry, and the potential earnings in the service sector. Tyler shared his personal experience with the service sector, expressing concerns about high fees and a lack of understanding from some service providers. Franchise Fee Structures and Vetting Process Tyler and Greg discussed the general fee structures of buying a franchise. Greg explained that the one-time franchise fee usually ranges from $50,000 and includes all necessary information and training. The ongoing fee is a percentage of the gross sales, typically between 5 and 10%. Greg emphasized that franchisors are looking for both business and background experience from potential franchisees. Tyler shared that their model is similar to a franchise, where they rent their facilities to operators. However, they have implemented strict measures, including hiring a consultant with real estate and business experience, to ensure the quality of care for their residents. Greg and Tyler also agreed that involving a consultant in the vetting process can increase the success of the franchise. Franchise Feasibility Discussion Greg and Tyler discussed the feasibility of starting a franchise as a side hustle with a budget of around $50,000. Greg confirmed that it is possible to manage a franchise with a time commitment of 10 to 15 hours weekly and that he has many clients who continue to hold their primary jobs while managing their franchises. Tyler raised a question about the process for someone who doesn't know which franchise to invest in, to which Greg clarified that the first step would be to have a conversation to understand the individual's interests and aspirations. Franchise Earnings Inquiry and Information Tyler inquires about the potential earnings for a franchise investment. Greg explains that the Federal Trade Commission prohibits the disclosure of specific earnings data by franchisors. However, Greg assures Tyler that he will provide all necessary information to help him make an informed decision. Greg also mentions that he will talk to multiple franchisees to get a sense of their earnings and experiences. Towards the end, Greg outlines his role as a coach in the process, helping Tyler determine if franchising is right for him and, if so, identifying the most suitable franchise opportunity. Franchisee Characteristics and Benefits Michael discussed the characteristics of a successful franchisee with Greg, who emphasized the importance of being coachable and willing to follow a process. Greg also highlighted the benefits of being part of a supportive network and following a specific territory. The discussion revealed that Greg provides free services to help potential franchisees find a suitable franchise within their area. The group also touched on the availability of SBA loans for financing. Funding and Exit Strategies for Businesses Greg and Tyler discussed funding options for SBA loans and SBA express loans, with Greg explaining that SBA loans can be obtained quickly while SBA express loans take longer. He introduced the concept of using a 7a loan for larger loans and using a 401k plan from a previous employer for funding by doing a rollover into a self-directed 401k. Greg also shared his experience of using retirement money to fund his business by creating a C corporation. Michael expressed his desire to terminate his franchise commitment and start a new business venture, leading to Greg explaining the process of exiting a franchise agreement. Greg can be reached via FranchiseMaven.com
In this episode, Tyler dives into the topic of investing using a home equity line of credit.
In this episode, Tyler provides several things to consider when renewing a tenant's lease.
REAL ESTATE MARKET UNCERTAINTY AMID ECONOMIC SHIFT Tyler and Mike discussed the current state of the real estate market and the uncertainty caused by economic and political changes. Tyler, an active realtor, shared his experience from the last crash and his concern about the current situation. He noted an ongoing migration to Florida, but a decrease in sales due to high-interest rates. Despite the demand, people are unable to afford to buy properties due to the increased rates, causing a shift in the market. * TYLER'S FINANCE AND ENTREPRENEURIAL JOURNEY Tyler shared his recent experiences, including launching a podcast and becoming a tour guide in Key West. He voiced worries about the current credit crisis, with credit card spending at an all-time high, and the potential issues this could bring for the country. Tyler stressed the importance of having multiple income streams and discussed his involvement in a real estate fund that buys single-family homes and converts them into assisted living facilities. He emphasized the recession-proof nature of this venture and his and Mike's cautious approach to finances. Tyler expressed gratitude for their initial decision in starting the fund, as they managed to avoid an unfavorable adjustable rate mortgage on a 2.7 million dollar property. This would have led to them hitting a debt cap of nearly 9%, amounting to about 3 million dollars. Mike agreed, mentioning that many funds are currently experiencing similar issues due to rising interest rates. * HOUSING CRISIS AND INFLATION ADVICE Tyler warned about the market being in an affordability crisis and advised against speculative investments in real estate. He shared his personal experience of maintaining a long-standing relationship with his landlord in Key West, which allows him to maintain his housing security at a lower cost than buying a home. Despite this, he acknowledged that some people are still buying homes to move into, due to the common belief that it makes sense to buy. Tyler also pointed out the significant inflation in food prices and advised caution for those flipping houses. He concluded by emphasizing that the country is becoming a renter nation and encouraged thoughtful consideration before making a home purchase. * HOUSING MARKET CAUTION AND RECESSION-PROOF INVESTMENTS Tyler discussed the current state of the housing market, expressing concerns about the potential for a market crash due to rising interest rates and overpriced houses. He advised caution and suggested focusing on recession-proof investments like service businesses and residential assisted living, which he believes will stand the test of time. Tyler also highlighted the potential for buying great deals in Florida when people get scared and the need for a strong team to capitalize on such opportunities. Mike agreed with the assessment and expressed interest in the proposed strategies. * REAL ESTATE MARKET FORECAST: PRICES STABLE, RATES FLUCTUATING Tyler and Mike discussed the state and future of the real estate market. Tyler argued that prices would not decrease and asserted that the market had reached a new normal. He predicted that interest rates would continue to rise, but then drop again, leading to increased buying and further price hikes. Mike found this concept difficult to accept. * EXPLORING ASSISTED LIVING RENTAL MARKET POTENTIAL Tyler and Mike discussed the potential of the rental market, particularly in the assisted living sector. They highlighted the demand for such services due to an aging population and the suppression of individual user costs in this sector, which they predicted would soon explode. They also outlined their strategy of leasing properties to Alf operators for five-year terms, reducing risks and ensuring stability. Tyler and Mike closed the meeting by inviting listeners to their upcoming webinar and emphasized the importance of protecting against inflation in investments. * NEXT STEPS Register for the next webinar at cashflowguys.com/webinar
In this episode, Tyler breaks down the tidal wave that's coming and explains what you can do to improve your financial future beginning today.
In this episode, Tyler breaks down some actionable tips to help you deal with the current rent affordability crisis in America
In this episode, Cash Flow Guy Mike Marino interviews Elliot Kallen who is the CEO or Prosperity Financial. They discuss the current state of the U.S. and global economy and why he believes the looming financial recession will be a mild one.
In this episode, Mike and Tyler sit down with Terry Judge, CEO of CORE Speciality Tax and Engineering. Core is a firm that assists real estate investors in reaping massive tax benefits that come from employing cost segregation studies. You can reach Terry and his team via email at: terryjudge@coreadvisors.net
In this episode, Tyler covers his 10 most practical ways to find the owners of abandoned houses.
In this episode, we break down the common missed opportunities that come from sticker shock.
In this episode, Mike and Tyler discuss the 5 ways to fix zoning problems as listed below: __ __ Working through zoning issues can be a complex process, but it is important to remember that you have rights. If you are facing a zoning issue, do not hesitate to seek help from your neighbors, your local zoning board, or your elected officials.
In this episode, Tyler discuss tips on how to invest even though interest rates are through the roof.
In this episode, Mike and Tyler discuss the easiest way to get your next deal going...tune in and take a listen!
