The Healthy Wealthy Wiseguys Show
1. Health/Wealth Tip: Health: The Benefits of Sauna - Infrared sauna heats you internally - Increased immunity - Collagen growth - Increased blood circulation - Equal to an endurance exercise - Regulates sugar levels - Reduced acne breakouts and slows down aging Wealth: Understanding Appreciation - Real estate goes up in value - Driving value by becoming worth more - Increasing rents or decreasing expenses 2. Michael Barnhart & Suzy Sevier’s Background (25:17) - Michael is active duty Air Force and getting his PhD in biochemistry - Suzy is a program manager for a biotech company - Moving from Colorado Springs to England - Buying real estate in the U.S. without seeing the property 3. Their Journey into Real Estate Investing (27:30) - Reading Multiple Streams of Income by Robert Allen [https://www.amazon.com/Multiple-Streams-Income-Generate-Unlimited/dp/0471714550] - Seeing everything going virtual as an opportunity - Attending the virtual REI conferences - Going multifamily and Suzy transitioning to real estate full-time soon - Their why of serving beyond the four walls 4. Looking Out for Markets (39:42) - Hiring two partners of their team on the ground - Hiring a property manager aligned with their values - Getting introductions to local brokers and syndicators - Learning from a mentor and looking for deals 5. Getting Investors (50:47} - Getting into deeper conversations with investors - Don’t just sell, connect with people - Investing with the sponsor, not the deal - Managing an apartment building in the U.S. from the UK 6. Final Exam: (1:15:30) - What book or film changed your life? - What healthy habits do you wish more people in the world that you interact with carried out on a regular basis? - What is one wealth tip you wish you had learned earlier in life? - Where do you see yourself in five years? - What did you want to be when you grew up? - What is one thing on your bucket list that you haven't done yet?
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