We'd love to hear from you. What are your thoughts and questions?

In this episode, Dr. Alan Lomax interviews Tyler Vinson, CEO of ReTokens, about the future of wealth building through tokenization and blockchain technology in real estate. Tyler shares his personal journey through the 2008 financial crisis and how it inspired him to innovate in real estate investing. The conversation explores how tokenization can democratize access to real estate investments, enhance liquidity, and streamline the investment process. Tyler also discusses the regulatory landscape and the future of wealth building with digital assets.

Main Points:

• The future of wealth is becoming more accessible through tokenization.
• Real estate investing can be as liquid as stock trading.
• Tyler Vinson's journey was shaped by the 2008 financial crisis.
• Tokenization allows for digital ownership of real estate.
• Blockchain technology enhances transparency and security in investments.
• Investors can now access real estate with lower capital requirements.
• The investment process is streamlined through digital platforms.
• Regulatory frameworks are adapting to accommodate tokenized assets.
• The secondary market will allow non-accredited investors access to investments.
• The future of wealth building will involve diverse digital assets.

Connect with Tyler Vinson:

• troy@kitcaster.com
• https://retokens.com/
• https://linkedin.com/company/retokens

We'd love to hear from you. What are your thoughts and questions?

In this enlightening episode, Dr. Allen Lomax interviews Adam Bergman, a leading voice in the self-directed retirement industry. They discuss the transformative potential of self-directed IRAs, the misconceptions surrounding them, and the advantages of investing in alternative assets. Adam shares his journey from a tax lawyer to the founder of IRA Financial, emphasizing the importance of financial education and diversification in retirement planning. The conversation also covers the process of getting started with self-directed accounts, the rollover process, and the significance of understanding prohibited transactions.

Main Points:

• Self-directed IRAs allow investment in alternative assets.
• Many professionals are unaware of self-directed IRAs.
• The private placement market is larger than public markets.
• Tax-free growth is a significant advantage of self-directed accounts.
• Diversification is crucial for reducing investment risk.
• Investors can control their financial future through self-direction.
• Education is key to unlocking retirement account potential.
• The rollover process for IRAs is straightforward and tax-free.
• Prohibited transactions must be understood to avoid penalties.
• Self-directed accounts can lead to greater investment opportunities.

Connect with Adam Bergman:

• abergman@irafinancial.com
• https://www.irafinancial.com/
• https://www.youtube.com/@IRAFinancial
• https://www.linkedin.com/in/adambergman1

We'd love to hear from you. What are your thoughts and questions?

In this enlightening conversation, Marc Adams shares his journey from facing a stage four cancer diagnosis to becoming a successful entrepreneur focused on helping others maximize their business value and achieve tax-free exits. He discusses the importance of preparing businesses for sale, the challenges faced by business owners, and the strategies for wealth creation. Marc emphasizes the need for entrepreneurs to understand the value of their businesses and the potential pitfalls that can lead to significant losses during the exit process. His personal story and insights provide a roadmap for others looking to create lasting legacies and financial freedom.

Main Points:

• Marc Adams' journey began by accident, driven by a desire to help business owners.
• Many businesses do not sell for their desired price due to various market factors.
• COVID-19 and a cancer diagnosis prompted Marc to rethink his approach to business.
• Nine out of ten companies do not sell, which can leave families in financial distress.
• The importance of understanding the tax implications when selling a business is crucial.
• Marc's book, 'Secret to 10X in Your Business and Cashing Out Tax Free,' became a bestseller.
• Business owners can significantly increase their company's value through strategic growth.
• Acquisitions can be a fast track to doubling business size and value.
• Creating wealth is only half the battle; keeping it is equally important.
• Marc encourages entrepreneurs to share their wealth and knowledge to uplift others.

Connect with Marc Adams:

• marc@acquisitions4you.com
• http://www.acquisitions4you.com/
• http://www.marcadams.io/
• http://www.linkedin.com/in/1marcadams
• X: @marc1adams

We'd love to hear from you. What are your thoughts and questions?

In this episode of Streams to Impact, host Allen Lomax interviews Andrew Reichert, CEO of Birgo Realty, who shares his inspiring journey from humble beginnings to successful real estate entrepreneur. Andrew discusses his first investment, overcoming personal adversities, and how these experiences shaped his leadership style. He emphasizes the importance of aligning personal purpose with business goals, motivating teams, and the lessons learned from scaling a business. Andrew also reflects on the challenges of making tough personnel decisions and the legacy he hopes to leave behind.

Main Points:

• Andrew's journey began with humble beginnings and a mindset shift from 'Rich Dad Poor Dad'.
• His first investment was a duplex bought with no money down, leading to a portfolio of 20 units.
• Adversity shaped Andrew's leadership approach, emphasizing resilience and alignment with purpose.
• Real estate is a means to impact lives, not just a business.
• The book 'Priorities on Purpose' outlines a system for living with clarity and focus.
• Understanding the 'who' is crucial for personal and organizational success.
• Birgo Realty focuses on acquiring multifamily assets in Heartland cities.
• Burnout can indicate misalignment in personal and organizational goals.
• Scaling a business requires breaking and rebuilding systems as it grows.
• Making tough personnel decisions is essential for organizational health.

Connect With Andrew Reichert:

• areichert@birgo.com
• https://www.birgo.com/
• https://www.linkedin.com/in/andrewreichert/
• https://www.facebook.com/birgocapital/
• https://www.instagram.com/birgocapital/
• https://www.youtube.com/channel/UC6MJimZWRKjyBK7DI4ANCmw

We'd love to hear from you. What are your thoughts and questions?

In this episode of Streams to Impact, Dr. Allen Lomax interviews Kelvin Bell, a distinguished toastmaster, investor, and business strategist. They discuss Kelvin's journey into entrepreneurship, key strategies for enhancing business valuation, innovative sales approaches, and effective profit margin strategies. Kelvin shares insights on navigating mergers and acquisitions, the consulting business model, and the importance of exit planning for small business owners. The conversation emphasizes the need for strategic planning and the potential for significant growth through thoughtful business practices.

Main Points:

• Business owners often overlook exit strategies until it's too late.
• Retaining existing customers is more cost-effective than acquiring new ones.
• A well-structured management team is crucial for business valuation.
• Profit margins can be increased by adjusting pricing strategies.
• Mergers and acquisitions can double business size but require careful planning.
• Consulting for equity aligns the consultant's success with the business's growth.
• Standard operating procedures can alleviate the burden on business owners.
• Exit readiness is essential for maximizing business valuation.
• Transformational consulting can provide significant ROI for businesses.
• Quiet reflection can be a powerful tool for introverted entrepreneurs.

Main Points:

• TopValue15.com
• GrowYourBusinessNow.info
• https://www.instagram.com/drkelvinbell/
• https://www.linkedin.com/in/kelvin-bell-investor/
• https://www.facebook.com/kelvin.bell.31945

We'd love to hear from you. What are your thoughts and questions?

In this episode, Dr. Allen Lomax interviews Rick Abbiati, a U.S. Navy veteran who transitioned from a successful career in the defense industry to become a full-time real estate investor and coach. Rick shares his journey of overcoming challenges in real estate, the importance of mindset, and the significance of understanding one's 'why' in pursuing financial freedom. He emphasizes the value of community and accountability in achieving success and offers insights into the strategies that led to his impressive financial achievements in real estate.

Main Points:

• Rick transitioned from a 40-year career in defense to real estate.
• He achieved financial freedom in just two years.
• Mindset and confidence were crucial to his success.
• Community support played a significant role in his journey.
• Understanding one's 'why' is essential for motivation.
• Rick's first deal earned him $90,000 with no money down.
• He emphasizes the importance of persistence and drive.
• Coaching others brings him great satisfaction.
• Surrounding yourself with committed individuals is key.
• Rick would have committed to the highest coaching level sooner.

Connect with Rick Abbiati:

• rick@smartrealestatecoach.com
• https://smartrealestatecoach.com/
• https://www.linkedin.com/company/wickedsmartinc/
• https://www.facebook.com/smartrealestatecoach
• https://www.instagram.com/smartrealestatecoach
• https://www.youtube.com/@wickedsmartinc
• https://www.tiktok.com/@wickedsmartinc

We'd love to hear from you. What are your thoughts and questions?

In this episode of Streams to Impact, Allen Lomax interviews Jack Martin, co-founder of 5210, an investment firm specializing in mobile home parks. They discuss the often misunderstood asset class of mobile home parks, highlighting their stability, cash flow potential, and recession resistance. Jack shares his journey into mobile home park investing, the unique characteristics of mobile homes, and the importance of tenant ownership. The conversation also covers the challenges of financing mobile homes and the value proposition for investors in this niche market.

Main Points:

• Mobile home parks are a high yield investment.
• Tenants in mobile home parks typically own their homes.
• The eviction rate in mobile home parks is very low.
• Mobile homes today are built with modern materials.
• The stability of cash flow in mobile home parks is significant.
• Investors can benefit from substantial passive losses.
• Chattel financing is a challenge for mobile home buyers.
• Mobile home parks are recession resistant assets.
• The transition from park-owned to tenant-owned homes is crucial.
• Quality renovations can change the culture of a mobile home park.

Connect With Jack Martin:

• jack@52TEN.com
• https://52ten.com/
• https://www.linkedin.com/in/jack-martin-52ten/
• https://www.facebook.com/52TENInvestments/
• https://www.youtube.com/channel/UCK9mmKx4H8tHQz1kt0k3_Hw

We'd love to hear from you. What are your thoughts and questions?

In this enlightening conversation, Dr. Allen Lomax interviews Fernando Angelucci, a seasoned self-storage syndicator, who shares his journey from traditional employment to becoming a successful real estate entrepreneur. The discussion covers various investment strategies in self-storage, including tax mitigation techniques, the advantages of being a limited partner, and the nuances of financing high-value off-market opportunities. Angelucci also explains the differences between equity and debt investing, the trend of converting big box retail spaces into self-storage facilities, and provides an optimistic outlook for the self-storage industry in the coming years.

Main Points:

• Fernando Angelucci transitioned from a traditional job to real estate investing.
• Self-storage offers unique advantages like no tenants or maintenance.
• Tax strategies can significantly enhance returns in self-storage investments.
• Being a limited partner reduces risk and provides passive income.
• Financing strategies are crucial in acquiring off-market storage opportunities.
• Understanding the capital stack is essential for investors.
• Converting retail spaces to self-storage is a growing trend.
• Self-storage has shown resilience during economic downturns.
• The self-storage industry is expected to see continued growth.
• Investing in self-storage can provide better returns than the stock market.

Connect with Fernando Angelucci:

• fernando@SSSE.com
• http://www.ssse.com/
• https://www.linkedin.com/in/thestoragestud/
• https://www.facebook.com/TheStorageStud/
• https://www.instagram.com/thestoragestud
• https://twitter.com/thestoragestud?lang=bn