What you'll learn about in this episode:

In this unique episode of The Mentor Podcast, host Ron LeGrand is interviewed by Debbie Waters, the marketing director at Global Publishing. They delve into Ron's extensive experience in real estate, providing insights into both starting and scaling in the industry. Ron shares his personal journey from a struggling mechanic to a real estate mogul, revealing the strategies and mindset that propelled him to success. This episode is packed with actionable advice for both new and seasoned investors, covering everything from risk management to maximizing returns through smart investing practices.

Key Topics Covered:

• Ron's Start in Real Estate: Discover how Ron transitioned from a mechanic to a real estate investor after attending a life-changing seminar.
• Fundamentals of Wholesaling and Rehabbing: Ron explains the basics of wholesaling properties for quick profits and the more involved process of rehabbing.
• The 'Terms' Approach: Learn about Ron’s strategy of buying and selling properties on terms, which reduces the need for traditional bank financing and minimizes risk.
• Wealth-Building Strategies: Ron discusses the long-term wealth-building benefits of investing in 'pretty houses' through terms deals as opposed to quick flips.
• Risk Management: Key strategies for managing risk in real estate investments, including the crucial rule of never personally guaranteeing loans.
• Systems and Processes: Insights into the systems Ron uses to minimize his workload while maximizing profits, emphasizing the importance of automation and using virtual assistants.
• Overcoming Challenges: Ron shares his early challenges and how overcoming these shaped his strategies and teaching methods.
• Advice for New Investors: Practical tips for those new to the industry, including the importance of education and choosing the right deals to start with.
• Ron's Motivation and Legacy: Insight into what keeps Ron motivated after over 40 years in real estate and his passion for teaching others.
• Special Offers: Ron provides listeners with exclusive access to his educational materials and courses at promotional prices, aimed at helping new investors start their journey on the right foot.

Resources:

• Email Ask@RonLeGrand.com to get your questions answered
• Call 888-355-3832 or go to www.TheMentorPodcast.com/START to get Ron’s very special offer for just $897! This includes his: TERMS course, his Wholesaling course, his Land Trust Course and his Generating Quality Leads course.

What you'll learn about in this episode:

In this enlightening episode of The Mentor Podcast, host Ron LeGrand introduces Nate Hare, an expert in leveraging real estate investments through self-directed IRAs and other tax-advantaged pension plans. Nate provides his unique perspective on how to grow your wealth tax-free, using real estate as a strategic investment tool within your retirement accounts.

This discussion is crucial for anyone looking to maximize their financial growth with minimal risk and no borrowing, complementing Ron's teachings on financial freedom.

Key Topics Covered:

• Introduction to Self-Directed IRAs: Nate explains the basics and the power of using self-directed IRAs for real estate investments, emphasizing the potential for creating tax-free wealth.
• Difference Between Custodians: The distinction between financial institutions like Fidelity and specialized custodians like Directed IRA, which allow for non-traditional investments such as real estate.
• Types of Plans for Self-Direction: Discussion on various retirement plans that can be self-directed, including Traditional IRAs, Roth IRAs, Solo 401(k)s, HSAs, and ESAs, and their respective benefits.
• Investment Strategies in Tax-Exempt Plans: Nate shares why certain investment strategies work best in Roth IRAs and other tax-exempt plans, highlighting the advantages of tax-free growth and distributions.
• Real-Life Success Stories: Inspirational stories of investors who have successfully utilized their IRAs to invest in real estate, demonstrating the potential returns and tax benefits.
• Advice on Roth Conversions: Tips on converting traditional IRA funds to Roth IRAs to maximize future tax-free gains.
• Leveraging Other People’s IRAs: Strategies for using other people's retirement funds legally and ethically to finance real estate deals without traditional banking.
• Understanding IRS Rules on Investments: Insights into what the IRS allows and monitors concerning self-directed IRA investments.

Resources:

• Email Podcast@RonLeGrand.com and use “IRA Slides” in the Subject Line to get the slide deck of Nate’s presentation.
• Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
• Free Training: www.TheMentorPodcast.com/Terms
• Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC165

What you'll learn about in this episode:

In this episode of The Mentor Podcast, host Ron LeGrand is joined by Dedric and Krystal Polite, entrepreneurs recognized from their popular TV show on Hulu and A&E, "50/50 Flip." Discover the unique strategies they employ in real estate to foster financial stability and generational wealth, all while managing a family and contributing positively to their community. The couple share their journey from corporate America to becoming influential real estate investors and television personalities.

Key Topics Covered:

• Transition from Corporate to Real Estate: Dedric and Krystal detail their shift from traditional 9-5 jobs to full-time real estate investing, highlighting the initial challenges and learning curves they faced.
• Reality TV Insights: Insights into the behind-the-scenes realities of filming a real estate-focused reality TV show, emphasizing the authenticity and daily business operations featured.
• Community Impact and Affordable Housing: The Polites discuss their commitment to providing affordable housing and their contributions to the community, reflecting their upbringing in similar environments.
• Diverse Investment Strategies: Exploration of various real estate strategies including wholesaling, buy-and-hold, flips, and creative financing, underscoring the importance of having multiple exit strategies in the business.
• Mentorship and Education: The significant role of mentorship and proper education in real estate success, as well as the couple's experiences with early mistakes and how they shaped their approach.
• Creative Financing and Seller Financing: They share insights on creative financing and seller financing, which have been pivotal in scaling their real estate ventures.
• Long-term Goals and Generational Wealth: Discussion on their long-term goals, including building generational wealth and impacting others by opening doors to real estate opportunities.
• Advice for New Investors: The Polites offer advice to new investors, stressing persistence, education, and the reality of real estate investment not being a 'get rich quick' scheme.

Resources:

• Sign up for a Free Mentor Panning Session: https://www.RonLeGrand.com/Plan
• Free Training: www.TheMentorPodcast.com/Terms
• Get Ron’s $599 Wholesaling course for FREE when you join his Gold Club for ONLY $59 a month! – www.TheMentorPodcast.com/GC164