Nick Raithel has been a great friend and resource to The Crushing Debt Podcast, introducing us to some of our best guests, being a guest himself on episodes 64 and 91, and having me on his show - 7 Rules for Real Estate Investing.
Nick was kind enough to provide us with a portion of the content from when I was on his show, Episode 9, which is the topic of today’s episode. Nick and I talk about my 7 Rules for Real Estate Investing, or 7 mistakes I see Real Estate Investors make when investing in property.
Nick’s previous appearances on the show were about writing a book to establish yourself as an authority in your field (episode 64) and writing a book specifically as a real estate investor (episode 91). If you’re interested in contacting Nick, or getting more information about Nick’s system to help you write a book in seven hours, please visit him at www.ContentCorps.net/Yesner
What other Rules do you have for investing in Real Estate? Please let me know at Shawn@YesnerLaw.com or www.YesnerLaw.com.
This week’s guest on the Crushing Debt Podcast is one I’ve been trying to get on the show since its inception, so I am so excited to have him on finally!
Charles Shapero is the owner of Widget Bookkeeping & Tax, where his mission is to help his clients pay the lowest amount of tax legally possible using his knowledge of the Internal Revenue Code and his 20+ years experience as a CPA. I met Charles around 2006 at a real estate investor meeting, and we have been friends and referral partners since.
In today’s episode of the podcast, we talk about the good and bad of the Tax Cuts and Jobs Act (which some people call the Trump Tax Cuts). Love him, like him or hate him, the new Tax Act has some pros and cons, including:
Make sure that with the change in the laws, you have your tax planning performed by a CPA that understands both the benefits and drawbacks to the law, so that you pay the lowest amount of tax legally possible.
To contact Charles, email him at Charles@WidgetCPA.com, visit his website at www.WidgetCPA.com, connect with him on Facebook, or call his office 727-953-9493.
If you have questions for me - Shawn@Yesnerlaw.com or www.YesnerLaw.com.
This week's episode of The Crushing Debt Podcast is my interview with Adam Ulery and Kevin Galang, Tech Guys Who Invest.
I had the honor to be guest number one on the Tech Guys Who Invest Podcast a while back and wanted to return the favor by having the guys on my show.
Adam invests mostly in multi-family properties and Kevin invests mostly in promissory notes. They both invest as a way to get passive income, cash flow, out of debt, and live the lifestyle they choose. They also both have careers in technology.
You'll hear about Adam and Kevin's attitudes towards debt and a few stories about how they got into and out of debt.
To learn more about them, visit www.TGWIPodcast.com or contact them at TechGuysWhoInvest@gmail.com. Also check out Kevin's second show - Secondhand Success - at www.secondhandsuccess.com.
If you want to share a story of how you got into and then out of debt, please visit the website at www.YesnerLaw.com or email me at Shawn@YesnerLaw.com. If you enjoyed this episode, I would really appreciate if you would share the content on Facebook, LinkedIn or any other social media site!
This week's podcast was inspired by our friend and Realtor Tom Scaglione, an agent at Future Home Realty.
https://www.facebook.com/tom.scaglione
Tom has forgotten more about the Tampa Bay Real Estate market than most Realtors will ever know.
Tom posted about the various laws that passed during the 2019 FL Legislative Session like:
And some legislation that didn't pass like:
Did you follow the 2019 FL Legislature? What laws would you like to see enacted? Which should be eliminated? Share your thoughts with me directly at Shawn@YesnerLaw.com or www.YesnerLaw.com.
Please also visit our sponsor Elliot Wealth Management Services to get your free 15-minute life insurance checkup - www.elliottwealth.com.
In this week’s episode of the Crushing Debt Podcast, I interview Linda McElhaney.
Currently, Linda works as a purchasing manager at Freedom Square Nursing. As a side-gig or side-hustle, Linda started a Mary Kay business and is now working on being a Director.
Some benefits of having her Mary Kay business, Linda has:
In fact, Linda has paid off over $4,500 in credit card debt in a short period of time, and saved money for an extended vacation overseas.
Incidentally, Linda’s husband also transitioned his love of CrossFit into his own business that now helps support the family.
To speak to Linda about setting up an Mary Kay party, please call 631-766-4459.
If you have questions on turning your side-gig into a full time job, you can also contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
In this week’s episode of the Crushing Debt Podcast, I talk about Preparation.
Twice a year, my community has a garage sale. I find Garage Sales to be low-risk environments to practice your negotiation skills. This is the fourth time I’ve had the opportunity to practice something at my community’s garage sale to help my negotiation skills.
If you want to listen to previous episodes on this topic:
In this week’s episode, preparation could be the difference between making the sale, making the sale at or near the price you want, or bringing the item to Goodwill and getting no value (other than a tax deduction) for it.
What do you like most about Garage Sales? What lessons do you take from them? Please let me know at Shawn@YesnerLaw.com or www.YesnerLaw.com.
I’m excited about this week’s episode of The Crushing Debt Podcast, because my guest didn’t know she was going to record an episode when she walked into my office, and her boss has been trying to get on the show for a while now.
I’ve known Madison Thayer, the Community Connector for SEC Inspection Services for a little more than a year. I’ve know her boss, and the owner of the company, Melissa Menikheim, for many more years than that.
SEC Inspection Services is a family owned business here in Tampa Bay that is 20 years old! SEC is an inspection company and Madison and I talk about all of the reasons that an inspection is important - the first being that a home is likely the single largest purchase you’ll ever make in your life, so you need to have someone inspect that asset before you buy to make sure your investment is protected.
Madison and I share stories about inspections: funny stories and horror stories.
At SEC Inspection, all of their inspectors are good lookers. If you want to contact Madison you can do so at Madison@SECinspection.com or visit the website at www.secinspection.com.
If you want to share an inspection horror story with me, or if you want advice on what to look for once the inspection is complete, you can connect with me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
On this episode of The Crushing Debt Podcast, we talk about Solar with Tim Converse of Solar Solutions, Inc.
Tim has owned Solar Solutions for more than 22 years and has been in the solar industry for 26 years.
Tim's company can provide an energy audit to see if Solar is good for you. You can use solar to heat your pool, power your house, and provide you a tax credit (which does diminish every year unless renewed by Congress). Solar power is not batteries - meaning the house still will not work if the electricity goes out in a storm.
If you have questions about Solar you can contact Tim at WTRWarmer@msn.com or www.solarsolutionsinc.net.
If you have additional questions, contact me at Shawn@YesnerLaw.com, or www.YesnerLaw.com.
In this week's episode of The Crushing Debt Podcast I talk about Discovery, the process by which the parties to a lawsuit determine, challenge, narrow, and identify the evidence to be used in proving their case to the judge and/or jury.
There are different types of discovery. Depositions are questions asked in an interview style, under oath. Request for Admissions are written statements that the party must admit or deny as true. Request for Production are designed to force the party to show any documentary or physical evidence it intends to rely upon in proving its case. Interrogatories are requests for written narrative answers to be signed under oath. There is an art both to creating and answering discovery.
If you enjoy the content, please share the episode. If you have questions, please connect with me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
Also, please remember to visit our sponsor, www.ElliottWealth.com for your free 15-minute life insurance check up.
This week, our guest on the show is Steve Hechtman of Rapid Approved Financing, LLC, an alternative business lender.
Steve started the company in 2006 to be an additional source for lending if and when the banks won't lend money.
Steve can help with hard money loans, business loans or real estate loans. All of Steve's loans are non-residential, meaning if the loan is going to be supported by your home or residence, Steve is unable to help.
This episode is unique in that it is the first podcast episode out of all of my 160+ episodes to feature an electric ukulele and an original song - The Rapid Approved Blues!
You can reach Steve at Steve@RapidApprovedFinancing.com or www.RapidApprovedFinancing.com.
If you have questions for me, please contact Shawn@YesnerLaw.com or www.YesnerLaw.com, and please visit our sponsor for your free 15-minute life insurance checkup at www.ElliottWealth.com.
I've been saving up stories of banks (and their attorneys) doing things that make no sense, or doing things that are plain dumb.
For example:
What dumb things have you seen banks do? Please share your stories at Shawn@YesnerLaw.com or www.YesnerLaw.com.
Also remember to visit our sponsor, Elliott Wealth Management Services for your free 15-minute life insurance checkup at www.ElliottWealth.com.
We have Chris Calandra from Elliott Wealth Management Services back on the show to talk about the benefits of life insurance.
Chris and Elliott Wealth are now sponsors of The Crushing Debt Podcast, and you can support them by going to the website - www.ElliottWealth.com to request your free 15-minute life insurance checkup. A service offered only to listeners of the Crushing Debt Podcast.
In this week's episode, we talk about the benefits of Term Life Insurance, including to protect your family and your business from a financial loss. Insurance can also be used to give to your favorite charity or cause.
Insurance is strange in that it is one product that no one likes to buy or use, but when it is needed you're glad you have it.
Elliott Wealth Management Services is a comprehensive financial planning firm and an independent adviser (meaning they are not bound to provide you with any particular company's product and can choose from many different options).
You can listen to Chris's last interview on the show at Episode 157.
Again, for listeners of The Crushing Debt Podcast, go to www.ElliottWealth.com to request your free 15-minute life insurance check up. If you have questions for me, please email Shawn@YesnerLaw.com or visit www.yesnerlaw.com.
In this week's Crushing Debt Podcast episode, we have a returning guest, Paul Moore of Wellings Capital.
Paul was a guest on Episode 78 talking about reducing tax liability using multifamily investing, and promoting his book "The Perfect Investment."
In this week's episode, Paul is back to talk about:
1. Two new private equity funds Paul has launched for real estate investors, an income fund and a growth fund. Paul has used a value formula for commercial real estate investing and discovered that he can separate the funds into mostly self-storage facilities, mobile home parks and multifamily investing.
2. How he went from $1.7 million in the bank, to $2.5 million in debt, to debt free in 2008 / 2009 by giving his way out of debt.
You can visit Paul's website at www.WellingsCapital.com, or email Paul at Paul@WellingsCapital.com.
If you want to contact me, please visit www.YesnerLaw.com, or Shawn@YesnerLaw.com.
In this week's episode of The Crushing Debt Podcast, I talk about a Federal law that went away, came back in the form of a Florida law, and now is back as a Federal Law - The Protecting Tenants in Foreclosure Act.
The federal version of the law allowed a tenant to remain in his lease if the house was taken in foreclosure, except under certain circumstances. The Florida version of the law required a 30-day notice by the creditor (less tenant friendly than the federal version). The new federal version brings back some of those more tenant-friendly provisions, with a few changes.
If you buy foreclosure properties and have questions about the law, please contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
In this week's episode of the Crushing Debt Podcast, I interview attorney Derek Bernstein. Derek practices personal injury law, represents doctors in PIP (personal injury protection) lawsuits, handles family law matters, and represents small businesses.
In this week's episode, we talk about:
To connect with Derek, visit www.LawBernstein.com, email him at Derek@LawBernstein.com, connect with him on Facebook, or call him at 727-209-7957.
Do you have a story of how you overcame debt, or know someone who has? I would appreciate interviewing them on my show. Have them connect with me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
When someone hires me to file a bankruptcy for them, one of their first questions is "how will this impact my credit?" My concern is eliminating their liability. What good is a credit score that is smashed from unpaid bills and creditors chasing you?
Some topics I cover on this week's show:
Credit repair and debt negotiation can be great tools to increase your score or avoid bankruptcy. Please do your due diligence to ensure you're being treated fairly by the credit repair company you choose, or reach out to me for a free consultation at Shawn@YesnerLaw.com or www.YesnerLaw.com.
Welcome to the first episode of Year 4 of The Crushing Debt Podcast! This week's episode is an interview with Chris Calandra of Elliott Wealth Management Services, LLC.
Chris is also the host of the Simply Financial Podcast, an innovative, comprehensive, informative and cutting edge Podcast that discusses financial topics ranging from personal finance, economics, politics and personal growth. Simply Financial will cover intriguing and thought provoking questions so that the listener can simply increase their financial IQ (check out episode 78 - Season 3, Ep 7).
Chris and I talk about:
If you have questions about creating, investing, or saving, please reach out to Chris and his team at ccalandra@elliottwealth.com.
If you have questions for me, please contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
Welcome to the last episode of the third year of the Crushing Debt Podcast! When this episode is released, I will be at Podfest Multimedia Expo 2019, attending for the third year and speaking for the second year in a row!
As I reflect on last year's episode of the podcast, I am really happy about the goals that I've accomplished between Podfest 2018 to Podfest 2019.
I've got 3 goals for Podfest 2019: (1) increase download numbers, (2) sell more Crushing Debt Books, and (3) be a guest / have more guests on this show.
Just because you may, or may not, be at Podfest, you can still help me accomplish those goals. I am very appreciative of my audience and all the support you've given me so far, and am looking forward to Year 4 of the show.
You can find me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
In this week's episode of the Crushing Debt Podcast, I review the major clauses of a standard Mortgage. I remember closing on my house(s) and reading the mortgage. Some sections I knew were boilerplate and some sections I slowed down to read. Also, in the course of representing homeowners buying their first home, I typically read the mortgage.
This week's podcast episode comes from a question from one of our listeners, Dave. Thanks Dave for a great question!
What specific questions do you have about your mortgage? Or any document in connection with a closing? Let me know at Shawn@YesnerLaw.com or www.yesnerlaw.com
In this week's episode of The Crushing Debt Podcast, we talk to our friend and fellow attorney Scott Smith with Royal Legal Solutions, and host of the Real Estate Nerds podcast.
Scott and I discuss asset protection issues for real estate investors, but could be used by any business owner, entrepreneur, or solopreneur.
Specifically we talk about:
- Business owner protecting themselves from frivolous lawsuits.
- How a business owner can quickly implement asset protection.
- Top techniques for asset protection.
- Pros and cons of insurance protection.
- Series LLC protection.
Text "Royal" to 474747 to get Scott's Top 10 things you need to know about asset protection. Visit his website, www.RoyalLegalSolutions.com. Also subscribe to his show, Real Estate Nerds, available on all major podcast players.
If you're located in Florida and have specific asset protection questions, please reach out to me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
On this week's episode of the Crushing Debt Podcast, I want to talk about real estate investing, specifically:
- Entity Structuring (LLC v. C-Corp v. S-Corp)
- Subject-to Transactions / Due on Sale violations
- Wrap-around Mortgages
- Using Florida Land Trusts
- Investing Podcasts I listen to regularly
- Investing in distressed properties
Please listen to the episode if you want to learn how to obtain a free copy of the Crushing Debt Book!
If you have questions about real estate investing in Florida, please contact me at Shawn@YesnerLaw.com or www.YesnerLaw.com.
In this week's episode of The Crushing Debt Podcast, we interview our friend Scott Carson of We Close Notes. We first met Scott at Podfest 2018 and look forward to spending time with him again at Podfest 2019. We were also happy to be a guest on Scott's Show - The Note Closers show.
Scott buys and teaches others to buy non-performing debt at a discount, and then negotiates to help people stay in their homes (or leave with dignity and little to no liability).
Scott and I discuss what types of loans Scott buys (from big banks, from private investors, etc.), why bad debt may be good debt, old loan modifications that may turn into bad debt, and different types of loans.
To contact Scott, visit www.WeCloseNotes.com or email Scott at Scott@WeCloseNotes.com.
In this week's episode, we interview Ryan Abremski, Director of Business Development for Executive Care, a home care company.
Health care costs are one of the main reasons that someone files for bankruptcy. As we age, health care becomes an increasing concern. But what if we're still "young" and need a bit of help around the house while recovering from surgery, or if we have some medical issue that prevents us from taking care of ourselves in the home.
Ryan's company helps to take of us in our home. He assists people with short term or long term care, for everything from assistance to people with disabilities, to surgery recovery.
To contact Ryan, visit his website at www.executivehomecare.com, email him at Ryana@ExecutiveHomeCare.com or call him at 727-726-7600.
If you have questions for me, I can be reached at Shawn@YesnerLaw.com or www.YesnerLaw.com.
In looking back on last year, I accomplished many of the goals that I set for myself. In this week's episode of The Crushing Debt Podcast, I lay out my system for setting and accomplishing those goals.
If you want a copy of my system, please let me know at Shawn@YesnerLaw.com or www.YesnerLaw.com
In this week's episode of The Crushing Debt Podcast, I talk about a few tips to help you budget.
As I've always said, there are two ways to get more money - increase income and decrease expenses. In this week's episode, I talk about ways to use your budget to do both.
- Tips to increase the amount of money you receive each payroll
- Tips to decrease monthly expenses
What are some of your favorite budget-busting tips? What are some things you have done to increase income or decrease expenses? Please let me know at Shawn@YesnerLaw.com or www.YesnerLaw.com.