Cash Flow Fight Club
Cash Flow. You love it. You want it! We’re all seeking it, but what’s the best way to generate it? Google Cash Flow and get instantly overwhelmed. With so much noise and marketing hype out there, how do you know which approach is the best for you? We’ve wrestled with massive amounts of research, opinions and experimentation trying to find the best methods. Now we’re on a mission to find the best methods and give you all the dirty details - Fight Club style! In our signature Fight Club matchups, we bring together the heavyweights of business and investing to debate the risks, rewards and the inside scoop on the best ways to generate life-changing cash flow that can put you on the path to financial freedom. And after battling it out in the arena over 3 rounds, we crown the Champion. We alternate Fight Club matchups by going In the Champion’s Corner, where we’ll discover what it takes to forge a champion. Mindset, high performance habits, best-in-class behaviors and more of what it takes to be successful – in your finances and in life. So whether it’s passive income, real estate, side hustles or cash-flowing business ventures, we’re bringing you all the details in the most informative and entertaining show on the airwaves. Join us to see who’ll reign supreme! Who will take home the title of Cash Flow Fight Club Champion. And the 1st rule of the Cash Flow Fight Club – hit subscribe and don’t miss even 1 battle among the titans of Cash Flow. It’s going to be epic!
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Episodes
Wednesday Jul 26, 2023
Wednesday Jul 26, 2023
Multifamily vs. land investing: Which model is right for you? Do you have to choose one? Which is better for an active vs. a passive participant? Find out which business model would work best for you!
Entering the ring for today’s matchup are two titans of real estate:
Mark Kenney: Representing cash flow creation via multifamily investing, Mark Kenney has 25 years of experience. He has invested across multiple asset classes, closed over 100 multifamily deals totaling over $1 billion, and more than 16,000 units across 13 states. Mark is also a sought-after speaker, a coach, a podcast host, and a family man.
Mark Podolsky: Representing cash flow creation using the power of vacant land, Mark Podolsky brings the experience of thousands of real estate transactions and millions of dollars in real estate assets. Mark is also a best-selling author, an inspirational coach to hundreds of entrepreneurs, a public speaker, a podcast host, proud father and champion of “Letting Freedom Ring”.
Here are some knockout takeaways from today’s conversation:
[03:48] Mark Kenney’s background and path to real estate wealth
[09:19] Mark Podolsky’s background and how he started in land
[12:52] The beauty of passive investing with regards to travel
[14:22] Land investing 101
[20:13] Minimum investment and creative ways to get started in land
[37:40 ] Round 3: The final pitch: Risks in investing/operating multifamily deals
Episode Highlights:
[14:08] Multifamily Investing vs. Land Investing
Mark Kenney and Mark Podolsky dive deeper into their respective business models of multifamily real estate investing and land investing.
Mark Kenney discusses the benefits of multifamily investing, including:
Cash flow from day one
Significant tax benefits from depreciation
Control over the value of the property based on income and expenses He also mentions that passive investors in multifamily deals typically need $50,000 or more as an entry point.
Mark Podolsky explains his land investing model, which involves:
Buying distressed land at 25-30% of market value
Doing due diligence to confirm ownership and check for issues
Quickly reselling the land through various channels, often using owner financing to generate cash flow He mentions that investors can get started in land investing with as little as $500.
Overall, they discuss the differences in their business models in terms of cash flow, returns, risks, and suitability for different investor types.
[37:55] The Risks and Returns of Multifamily Investing vs. Land Investing
For multifamily investing, the risk is generally deal specific, with distressed deals having higher risk but also higher returns. The biggest risk overall however is people - partners, property managers, etc. who may act unethically. As with land investing, Mark Podolsky says he has never lost money on a deal because they buy land at a steep discount. That being said, the main risk is ignorance, and if investors don't do proper due diligence when acquiring properties
[47:25] Entry Points and Returns for Passive Investors
For multifamily, passive investors typically need $50,000 or more and the goal is to double their money in 5-6 years, plus significant tax benefits from depreciation
For land, investors can get started with as little as $500, and deals can generate annual returns of 800-1200%
Resources Mentioned:
Mark Kenney:
Mark Kenney: Multifamily Investing | Apartment Investing - Home - Think Multifamily email: mark@thinkmultifamily.com
Mark Podolsky:
Website: The Land Geek Wholetailing program: www.thelandgeek.com/quickdeals Dirt Rich (Mark’s book)
Mike & Ligia Deaton:
Multifamily investing: www.deatonequitypartners.com Land Flipping Coaching: www.flippingdirt.us
Friday Jun 23, 2023
Friday Jun 23, 2023
We are thrilled to welcome you to the Cash Flow Fight Club podcast!
In a world filled with countless business ideas and investment options, it's easy to get overwhelmed. We created the Cash Flow Fight Club to cut through the noise and fast-track your path to freedom. if you're looking for the best ways to invest your time, effort, and money, along with insider tips on what it takes to succeed, tune in each week to hear from the champions of their craft, whether it's passive investing or getting active in the business. If it generates cash flow, we've got the details!
Come join us for some epic battles among the titans of cash flow, and discover who will reign supreme and take home the title of Cash Flow Fight Club Champion.
We deliver knockout insights to you through:
Signature fight club head-to-head matchups
The Champion’s Corner 1-on-1 episodes
Digging deep into the best and worst of each investment type or business model
Finding freedom through passive income, side hustles, and cash flow business ventures
Episode Highlights:
[00:51] Our Signature Fight Club-Style Matchups
Our goal is to empower you with valuable insights that will help you grow your wealth and achieve more freedom through business and investing tips from top experts in the field.
These podcast episodes feature exciting matchups between different business models, where we explore their advantages, disadvantages, and insider secrets. Through three entertaining rounds of bare knuckle exploration, we'll uncover the highs and lows, pros and cons and reveal all the dirty secrets so you get a comprehensive understanding and make the best decision for you. At the end of each matchup, we crown a winner based on our analysis.
[01:19] The Champion’s Corner
In addition to our matchups, we also have one-on-one episodes with successful business and investing champions. In these episodes, they share their insights on mindset, habits, and behaviors that have driven them to success and accelerated their own journeys.
[01:50] What Makes This Podcast Unique
Whether you're interested in piling up the passive income, studying up side hustles, or creating epic cash flow business ventures, the Cash Flow Fight Club podcast delivers it all to you in the most informative and entertaining format on the airwaves so you can make the best decisions on your path to freedom.