Introduction

In today's episode, we dove deep into the journey and evolution of my co-pilot, Drew Haney. Drew shared his personal and professional transitions, focusing on simplification and excellence in his work. The conversation highlighted the pivotal decisions Drew has made to focus on a few high-impact areas, leaving behind a diverse set of commitments to channel his energy more effectively. It's a testament to the power of focus, the importance of choosing where to excel, and the impact of strategic simplification on personal and professional growth.

Episode Highlights

• Drew's decision to focus on fewer, more impactful areas for excellence.
• The transition from multiple small projects to concentrating on a few larger, more impactful ones.
• The upcoming 'who's who' event for land investors, showcasing a blend of traditional conferencing and unique experiences like driving supercars in the mountains of Colorado.
• The formation of Tortoise Capital to complement Rooster Capital in funding deals within the Land Maverick community.
• The importance of building long-term relationships and focusing on a few consistent business partners for funding and deals.
• Drew's perspective on the role of money in business and personal growth, emphasizing the importance of not being overly attached to financial outcomes.
• The discussion on the spiritual and practical aspects of navigating business challenges and the concept of going through a 'refining fire' to achieve success.
• Drew's experience with the 75 Hard program and its impact on his health and mindset.
• Drew's future focus on more complex and impactful real estate projects, aiming to build a lasting legacy.

Resources Mentioned

• Tortoise Capital and Rooster Capital
• 75 Hard Program by Andy Frisella (https://andyfrisella.com/pages/75hard-info)
• HireMyMom.com (Resource for finding personal assistants)

In this episode, we're joined by David Pere, an accomplished Marine Corps veteran turned real estate investor. David's journey from struggling with finances to achieving financial freedom through real estate is a story of transformation, tenacity, and the power of education. He shares insights from his diverse real estate portfolio, which includes everything from single-family homes to a 40-unit hotel. Prepare to be inspired and pick up some valuable strategies along the way.

Episode Highlights:

• David Pere discusses his transition from the Marine Corps to real estate investing, highlighting his initial struggles and the pivotal moment that led him to pursue real estate.
• He shares his first experience with real estate through buying a duplex, emphasizing the importance of starting small and learning along the way.
• David explains his preference for buy-and-hold strategies, detailing his diverse portfolio that includes various property types.
• He recounts a successful land transaction that turned out to be unexpectedly profitable, offering insights into the land investment realm.
• The conversation delves into the complexities of RV park management and the innovative strategies implemented to increase revenue.
• David and the team discuss the intricacies of real estate partnerships, including conflict resolution, the distribution of responsibilities, and the importance of trust.
• The conversation touches on various structuring methods for real estate deals, comparing joint ventures and syndications.
• David offers his perspective on the current real estate market, predicting potential shifts and advising on investment strategies in a changing environment.
• The episode concludes with a discussion on the psychological aspects of wealth accumulation, including how money can reveal a person's true character.

Resources Mentioned:

• "Rich Dad Poor Dad" by Robert Kiyosaki: A book that inspired David to explore real estate investing.

Introduction:
In this engaging episode, we're thrilled to welcome Melanie Sikma from One Stop Tax Strategists. Melanie brings a unique entrepreneurial mindset to the table, making her a favorite in the community for her innovative approach to tax strategies. Join us as we delve into the ways Melanie and her team help entrepreneurs and business owners navigate the complexities of taxes, turning them into opportunities for growth and success.

Episode Highlights:

• Insight into the unique approach of Melanie's firm, emphasizing creative and legal strategies to minimize taxes.
• An exploration of the Supreme Court Judge Learn Hand's philosophy on taxes and the extensive opportunities within the tax code.
• A deep dive into strategies for reducing tax liabilities, such as hiring family members, using the Augusta Rule, and shifting income to lower tax brackets.
• Melanie explains the concept of deferring taxes legally and the benefits of strategies like the "kick the can" plan.
• Ethical considerations and the economic impact of minimizing tax liabilities as an entrepreneur.
• The complexities of entity structuring in different states and the role of LLCs and S-Corps in tax planning.
• A lively discussion on the ethics and responsibilities of tax planning, emphasizing the importance of staying legal and maximizing benefits within the law.

Resources Mentioned:

• One Stop Tax Strategists (onestoptaxstrategists.com): an accounting firm specializing in innovative tax strategies.
• IRS Tax Code: Understanding the complexities and opportunities for tax savings.