Hard Money Lending Exposed: Risks, Rewards & How to Start with Jason Balin

What if you could make money like a bank? Hard money lending is one of the most overlooked passive income strategies, allowing you to earn high returns while protecting your capital with collateral. In this episode, Jason Balin, a seasoned lender with over 4,000 private loans, joins Russ and Joey to discuss the playbook for making money through hard money lending. You’ll learn whether lending is right for you, the difference between active vs. passive investing, and the key risks and rewards of funding real estate deals. If you want to expand your wealth-building strategy and earn truly passive income, this is a must-listen!

Active vs. passive lending

How to protect your capital

Scaling hard money lending

Jason Balin

Jason Balin is a real estate private lender based in Columbia, Maryland. He concentrates the majority of his time as a partner of HardMoneyBankers.com. Jason provides market knowledge in many real estate asset classes, from personally investing in private notes to residential, office, multi-family, and self-storage projects.

Round Table | How to Make Money Through Private Lending: A Beginner’s Guide to Mailbox Money

What if you could become the bank and earn passive income with less risk? Private lending is one of the oldest wealth-building strategies, but most people either don’t understand it or think it’s too risky. In today's discussion, the financial coaches explain how private lending works, why it aligns with the right Investor DNA, and how to protect your capital with collateral while earning strong returns. Get ready to hear real-world lending experiences, uncover common mistakes new lenders make, and practical steps to start your wealth-building journey with private lending.

How to structure loans, secure deals, and protect yourself

Finding the right borrowers

Scaling your lending portfolio

The Biggest Tax Mistakes Costing Business Owners Thousands with Dr. Nate Salah

Are you paying more in taxes than you legally have to? Many entrepreneurs and investors leave thousands of dollars on the table simply because they don’t know how to leverage tax strategies effectively. In this episode, Dr. Nate Salah, a tax expert with 30 years of experience, joins Russ and Joey to discuss the biggest mistakes people make and the simple ways to keep more of your money. From business deductions and the Augusta rule to setting up the proper business structure, Nate shares wealth-building strategies that can significantly impact your bottom line.

Avoiding common tax mistakes

Strategies to reduce taxable income

How to think like an investor

Dr. Nate Salah

Dr. Nate Salah is a faith-driven entrepreneur, educator, and business strategist. He helps leaders discover their divine purpose while mastering financial success. As the founder of The Income Tax Center, he specializes in income tax strategies that help individuals and business owners confidently navigate complex financial landscapes.

Round Table | Dumb Mistakes People Make with Money (And How to Avoid Them)

What’s the most regrettable money mistake you’ve ever made? Whether it’s a bad investment, a financial scam, or simply not having a plan, we’ve all had moments we wish we could undo. But what if you could learn from the costly mistakes of others before they happen to you? In today's conversation, the financial coaches share their biggest financial blunders so you can avoid making the same ones. From bad investments and falling for scams to emotional decision-making and ignoring the investor mindset, they break down the habits that lead to financial loss and how to shift toward wealth building. Discover practical strategies for passive income, smart investing, and avoiding costly errors.

Why chasing shortcuts leads to financial failure

The #1 mindset shift for wealth-building

How to fix financial setbacks

How Our Kids Launched a Vending Machine Business (And What We Learned)

Have you ever wondered what it really takes to build passive income? In this episode, Russ and Joey pull back the curtain on their latest passive income report, breaking down real numbers, wins, and lessons learned from multiple income streams, including a new vending machine business, expanding Turo car rentals, and tough decisions in real estate investing. From teaching their daughters about entrepreneurship to deciding whether to sell a 23-year-old rental property, they cover the good, the bad, and the ugly of real-life investing. If you want to accelerate your financial freedom, you can get valuable insights from today's conversation. Top three things you will learn: What strategies are working (and what’s not) How to involve family in entrepreneurship and financial education Selling vs. holding a long-term rental property January 2025 Income At-A-Glance: Gross Income for January: $48,892.83 Total Expenses for January: $20,355.54 Total Net Profit for January: $28,458.11 Difference b/t December & January: ($19,447.86) % of net profit to overall gross revenue: 58%

Round Table | The Pros and Cons of E-Commerce: Is It the Ultimate Passive Income Strategy

Have you ever dreamed of making money while you sleep? E-commerce investing promises financial freedom, but is it truly passive or just another job in disguise? In today's conversation, David Karcher and Ben Buzek join Russ and Joey to break down the pros and cons of launching and scaling an Amazon business and other e-commerce ventures. From drop shipping vs. private labeling to understanding your Investor DNA, they reveal what it actually takes to succeed in online selling. Whether you're considering starting an e-commerce business or buying an existing one, this episode will help you determine if it’s the right path for you.

Why e-commerce isn’t always passive and how to automate it

The biggest mistakes beginners make and how to avoid them

Starting a business vs. buying an existing one

Building the Golden Goose of Wealth with Justin Goodbread

Most business owners dream of financial freedom, but are they building a business they can actually sell? In this episode, Justin Goodbread joins Russ and Joey to discuss what it takes to scale a business, create passive income, and plan a profitable exit strategy. Justin explains how to transform your business into a sellable asset, avoid the most common mistakes entrepreneurs make, and ensure you build wealth beyond your business.

Why most business owners lose money when exiting and how to prevent it

The key team you need to sell your business for maximum profit

How to turn any investment into a cash-flowing business

Justin Goodbread

With 30 years of experience building, growing, and selling businesses, Justin Goodbread achieved deca-millionaire status before the age of 40. Now, he dedicates his time to helping business owners create scalable, high-value companies while reclaiming their time and financial independence. As a respected keynote speaker, bestselling author, and coach to top financial advisors, Justin provides the blueprint for scaling businesses to seven-, eight-, or nine-figure transferable values.

Round Table | The 5 Biggest Myths About Infinite Banking Debunked

Is Infinite Banking only for the wealthy? Are the returns too low? If this strategy is so effective, why isn’t everyone using it? In this episode, the financial coaches debunk the top 5 myths surrounding Infinite Banking and reveal why it’s one of the most misunderstood wealth-building strategies. They break down why financial institutions and wealthy individuals quietly use this system while the general public remains unaware. If you’ve been hesitant about Infinite Banking, this episode will challenge what you think you know and show you how to take control of your financial future.

Why Infinite Banking isn’t just for the wealthy

How Infinite Banking compares to traditional investments

Why most people aren’t using it and how to avoid their mistakes

Exposing the Money Personas Keeping You Broke with Garrett Gunderson

Is your money mindset holding you back? In this thought-provoking episode, Garrett Gunderson joins Russ and Joey to discuss the psychology of wealth. Learn how to recognize your money persona, shift from scarcity to abundance, and align your Investor DNA with opportunities that truly fit you. Garrett reveals the hidden habits keeping people stuck and shares a powerful framework for achieving financial freedom through passive income.

Understanding your money persona

How to move from scarcity to abundance

Investing with confidence

Garrett Gunderson

Garrett Gunderson is known as a “financial genius” in entrepreneurial circles, but he wasn’t born with a silver spoon. His blue-collar roots make him passionate about helping entrepreneurs achieve economic independence. Today, people know Garrett as the long-haired, bearded money guy–the financial disruptor, author, and speaker who teaches people about the money myths that rob them of their financial future.

Round Table | Land Flipping 101: How to Turn Raw Land into Passive Income Gold

Have you ever thought about making money from vacant land? Land investing is one of the most overlooked yet powerful ways to build passive income—without dealing with tenants, toilets, or property maintenance. In this episode, the financial coaches break down the pros and cons of land investing and how it compares to traditional real estate. From flipping undervalued land to using creative financing options, this episode dives deep into why land investing is helping more investors achieve financial freedom faster than ever. But is it the right investment strategy for you?

How land flipping works and why it’s so profitable

Strategies to buy undervalued land and resell it for high returns

How to match land investing with your Investor DNA for long-term success

Mastering Market Shifts: Insights for 2025 with J Scott

The real estate market is shifting, and those who adapt will find the best opportunities. In this episode, expert investor J Scott breaks down what 2025 has in store for multifamily investing, the impact of interest rates, and how to assess market trends for smart decision-making. Whether you're a seasoned investor or just getting started, J Scott shares the risk management strategies you need to navigate uncertainty and build lasting passive income.

Where the market is headed

How to identify profitable deals

Risk vs. reward in investing

J Scott

J Scott spent much of his early career in Silicon Valley, where he held management positions at several Fortune 500 companies, including Microsoft and eBay. In the past ten years, he has bought, built, rehabbed, sold, lent on, and held over $60M in property nationwide.

Round Table | Financial Freedom Cheat Code

Most people are stuck in the rat race, working harder but never feeling financially free. What if there was a cheat code to break out? In this episode, Russ and Joey reveal the Financial Cheat Code, a proven system that transforms active income into lasting wealth. Learn how to move from financial stress to financial freedom by rewiring your money habits and leveraging the Passive Income Operating System (PIOS). Tune in to discover the hidden cash flow killers keeping you trapped in the rat race and the steps to building a system that effortlessly converts money into passive income streams.

Why most people stay stuck

The power of having the right mindset

How to automate your wealth

5 Years of Passive Income: Our Journey, Numbers, and Key Takeaways

Have you ever wondered what creating over $50,000 a month in passive income really takes? Russ and Joey pull back the curtain on their five-year wealth-building journey in this milestone episode. From their biggest wins to hard-learned lessons, this December 2024 passive income report is packed with insights, numbers, and strategies to achieve your financial goals. Learn how understanding your investment style can align opportunities with your goals and risk tolerance. Hear the breakdown of land flipping, private loans, and surprising lessons from ventures like RV rentals and Bitcoin mining. You'll also discover why thinking like a bank is crucial for transforming assets into consistent cash flow. Are you ready to start your passive income journey? Today is the best time to do it. Top three things you will learn: Why knowing your Investor DNA matters Investments that worked (and didn’t) Mindset shift needed to achieve financial freedom December 2024 Income At-A-Glance: Gross Income for December: $64,144.48 Total Expenses for December: $13,519.12 Total Net Profit for December: $50,625.35 Difference b/t November & December: ($6,699.63) % of net profit to overall gross revenue: 79%

Round Table | Turnkey Long-Term Rentals: The Simplest Path to Passive Income?

What’s the easiest way to generate consistent passive income? Long-term rentals might just be the answer. In this episode, the financial coaches dive into turnkey long-term rentals and explore why they’re the simplest path to financial freedom. From market strategies to scaling efficiently, you’ll learn how to make informed investment decisions that align with your goals.

The pros and cons of turnkey long-term rentals

Creative financing options to enter the market with minimal upfront costs

Scaling your portfolio with minimal risks and maximum returns

How to Avoid Costly Mistakes in Investing: Lessons from Losing $80M with Gavin J Gallagher

What if your biggest financial loss could become your greatest teacher? In this episode, Russ and Joey sit down with Gavin J. Gallagher, who candidly shares the lessons he learned from losing $80 million during the global financial crisis. Gavin reveals how unchecked ego, cognitive bias, and market volatility led to his downfall and explains the mindset shifts and strategies that helped him rebuild.

The dangers of over-leveraging and cognitive bias in investing

How to rebuild after financial loss

Why humility and due diligence are critical to sustainable success

Gavin J Gallagher

Gavin J Gallagher is a property investor-developer and entrepreneur with an international track record and career spanning 25 years. He had bought, sold, built, and managed properties all the way from Midtown Manhattan to Downtown Dubai. Gavin is also the Director of Earlsfort Group and has been actively involved in the development of commercial real estate and corporate workplace solutions for more than two decades.

Round Table | Is Short-Term Renting Worth It? Pros, Cons, and Strategies for Success in 2025

Is short-term renting still a smart investment in 2025? In this conversation, the financial coaches dive into the evolving world of short-term rentals. They break down the pros, cons, and actionable strategies to help you decide if this high-reward investment aligns with your goals. From maximizing cash flow to managing guest expectations and navigating local regulations, this episode covers everything you need to know before diving in. Whether you're self-managing properties or considering hands-off investment models, you'll gain valuable insights to make smarter decisions.

The pros and cons of short-term rentals

Hands-on vs. hands-off strategies

Smart investing strategies for 2025

Uncover the Tool Transforming Leadership and Investments with Matt White

How do you make business and investing decisions? Do you rely on intuition or data? What if there was a tool that could revolutionize how you lead your team and grow your wealth? In this episode, Russ and Joey sit with Matt White, Culture Index Licensee, to explore a game-changing approach to leadership and investments. From aligning the right people with the right roles to evaluating investment operators, this conversation is packed with actionable insights for business owners and investors alike.

How to leverage human analytics

The importance of data-driven decisions

Balancing autonomy and expertise

Matt White

Matt White is a Culture Index Licensee who helps business owners, and C-level executives make human capital decisions that improve their company work culture and grow the top and bottom lines. As a partner at Iron Tribe Fitness, Matt began implementing the Culture Index program, which fundamentally changed the company's approach to hiring, managing staff, and forming franchise relations.

Round Table | Wally (our AI Bot)

Imagine having an AI-powered tool designed to simplify your journey to financial freedom. In today's conversation, the financial coaches introduce Wally, their AI bot, built to help listeners find answers to key financial questions and identify passive income opportunities. They discuss how Wally saves time, enhances decision-making, and serves as a starting point for creating a personalized wealth-building system. Listeners will gain insights into how AI is reshaping personal finance, learn about using tools like Wally to achieve clarity and focus and discover ways to align investments with individual goals using Investor DNA.

How AI tools can streamline financial planning and decision-making

The role of Investor DNA in aligning financial strategies with personal goals

How to move from financial information to actionable implementation

Passive Income Ideas: Turning Empty Lots into Cash with Joseph Woodbury

Are you wondering how to turn an empty lot or unused garage into a consistent cash flow machine? In this episode, Joseph Woodbury, co-founder of Neighbor.com, shares how his platform enables everyday people to rent out underutilized spaces for passive income. From renting out driveway space for RVs to turning vacant lots into high-yield assets, Joseph reveals how Neighbor.com is transforming the storage industry.

How to turn underutilized spaces into cash flow

Maximizing returns with simple improvements

Real-world passive income strategies

Joseph Woodbury

Joseph Woodbury is the co-founder and CEO of Neighbor.com. This platform helps property owners achieve full property monetization, earning more money from underutilized spaces. Under his leadership, Neighbor has expanded to all 50 states, offering more storage and parking options than any other company in the industry.

Round Table | The Debt Dilemma

Is debt holding you back or driving you forward? In this episode, the conversation focuses on one of the most debated topics in personal finance: debt. The financial coaches explore the pros and cons of using debt as a financial tool. They discuss how to overcome limiting beliefs, manage debt strategically, and determine whether debt freedom equals financial freedom. This episode will challenge your perspective on debt and help you rethink your financial strategy.

Why financial freedom doesn’t always mean debt freedom

Strategic ways to manage and prioritize debt repayment

How debt can be a powerful tool to achieve your financial goals