We'd love to hear from you. What are your thoughts and questions?

In this enlightening conversation, Dr. Allen Lomax interviews Fernando Angelucci, a seasoned self-storage syndicator, who shares his journey from traditional employment to becoming a successful real estate entrepreneur. The discussion covers various investment strategies in self-storage, including tax mitigation techniques, the advantages of being a limited partner, and the nuances of financing high-value off-market opportunities. Angelucci also explains the differences between equity and debt investing, the trend of converting big box retail spaces into self-storage facilities, and provides an optimistic outlook for the self-storage industry in the coming years.

Main Points:

• Fernando Angelucci transitioned from a traditional job to real estate investing.
• Self-storage offers unique advantages like no tenants or maintenance.
• Tax strategies can significantly enhance returns in self-storage investments.
• Being a limited partner reduces risk and provides passive income.
• Financing strategies are crucial in acquiring off-market storage opportunities.
• Understanding the capital stack is essential for investors.
• Converting retail spaces to self-storage is a growing trend.
• Self-storage has shown resilience during economic downturns.
• The self-storage industry is expected to see continued growth.
• Investing in self-storage can provide better returns than the stock market.

Connect with Fernando Angelucci:

• fernando@SSSE.com
• http://www.ssse.com/
• https://www.linkedin.com/in/thestoragestud/
• https://www.facebook.com/TheStorageStud/
• https://www.instagram.com/thestoragestud
• https://twitter.com/thestoragestud?lang=bn

We'd love to hear from you. What are your thoughts and questions?

In this episode of Streams to Impact, Dr. Allen Lomax interviews Kris Reid, an international real estate consultant and founder of a leading real estate podcast network. Kris shares his journey from being a software engineer to becoming an SEO expert, and eventually transitioning into real estate and podcasting. He discusses the unique advantages of podcasting for building referral networks in real estate, the importance of niche content, and how podcasting can benefit passive investors. Kris also reflects on his experiences living in different countries and the freedom that comes with running an online business. He concludes with advice for aspiring podcasters, emphasizing the need for consistency and passion in their endeavors.

Main Points:

• Kris transitioned from software engineering to SEO and then to real estate.
• Podcasting has become a powerful tool for building relationships in real estate.
• 87% of real estate transactions come from referrals, highlighting the importance of networking.
• Creating niche-specific content can attract the right audience.
• Podcasting can help passive investors connect with opportunities.
• Living abroad has provided Kris with a unique perspective on business and lifestyle.
• Online businesses offer more flexibility and lower startup costs compared to traditional businesses.
• Most podcasts fail within the first few episodes due to lack of monetization.
• Consistency is key in building a successful podcast or business.
• Finding and following your passion is essential for long-term success.

Connect with Kris Reid:

• https://linkedin.com/in/krisreidre/
• https://www.facebook.com/IconsOfRealEstate
• https://www.instagram.com/iconsofrealestate
• https://www.youtube.com/@iconsofrealestate
• https://www.tiktok.com/@iconsofrealestate
• https://iconsofrealestate.com/framework

We'd love to hear from you. What are your thoughts and questions?

In this conversation, Dr. Allen Lomax and Bill Westrom delve into the complexities of family finances, exploring Bill's unique journey into financial strategy and the revolutionary concept of Credit Line Banking. They discuss the alarming state of consumer debt in America, the misconceptions surrounding traditional financial advice, and the importance of understanding money flow within the economy. Bill emphasizes the need for a paradigm shift in how individuals manage their finances, advocating for education over mere assistance in financial matters. In this conversation, Bill discusses the flaws in the traditional banking system and presents his innovative approach to managing money through 'Credit Line Banking.' He emphasizes the importance of changing the flow of money, understanding sweep accounts, and leveraging financial strategies to reduce debt and interest costs. Bill also outlines his unique service offering, which includes a personalized approach to financial education and a six-month guarantee for his clients.

Main Points:

• Bill Westrom's journey into financial strategy was accidental but driven by passion.
• Teaching financial literacy is more impactful than simply providing help.
• The economy's health is directly tied to individual money flow.
• Consumer debt in America has reached alarming levels, with many struggling to manage it.
• Debt is often misunderstood; it's the repayment terms that create issues.
• Traditional financial advice may not serve the best interests of consumers.
• Understanding the real cost of debt is crucial for financial health.
• The average American faces significant deductions from their income due to taxes and debt payments.
• Financial strategies should be reevaluated to better serve consumers' needs.
• The banking system operates on a model that may not be transparent to consumers. Bankers often operate like hedge funds, focusing solely on profit.
• Changing the flow of money is key to financial success.
• Interest rates are less important than the balance owed.
• Sweep accounts can help manage idle money effectively.
• Consumer banking strategies can be enhanced by executive banking techniques.
• Establishing a 'bill payday' simplifies financial management.
• Manipulating the flow of money can lead to significant interest savings.
• Bill's service is personalized and focuses on individual financial situations.
• A six-month guarantee ensures accountability in Bill's program.
• Continuous learning is essential for financial empowerment.

Connect with Bill Westrom:

• bill@truthinequity.com
• https://truthinequity.com
• https://www.linkedin.com/in/bill-westrom-49898317/
• https://www.facebook.com/bill.westrom.9/
• https://x.com/billyjelly?lang=bg