Average Joe Finances

Send us a text [https://www.buzzsprout.com/twilio/text_messages/1822550/open_sms] Join us on Average Joe Finances as our guest Chad Ackerman about his remarkable journey from a corporate HR professional to a successful real estate syndicator and business coach. Chad shares his personal story, detailing how he transitioned from his W2 job and navigated the challenges of the real estate investment world. He discusses his initial mistakes, the importance of having clear goals, and the strategies he employed to achieve financial independence. Chad also touches on the significance of due diligence, community involvement, and overcoming imposter syndrome. In this episode: * Learn how a casual workplace conversation sparked Chad Ackerman’s journey from HR professional to full-time real estate investor. * Discover why defining your personal “buy box” can eliminate emotional investing and clarify your financial goals. * Understand the power of community—how local meetups and online forums like BiggerPockets can accelerate your growth. * Gain insight into how coaching and mentorship can help overcome imposter syndrome and build investor confidence. * And so much more! Key Moments: 00:56 Meet Chad Ackerman 01:33 Chad's Real Estate Journey Begins 03:24 First Investment Lessons 04:30 Building a Real Estate Community 05:37 Partnership with BiggerPockets 06:15 Transition to Business Coaching 10:12 Importance of Due Diligence 16:00 Defining Your Buy Box 18:18 Overcoming Imposter Syndrome 19:46 Leveraging Coaching Skills for Investment Success 20:09 Overcoming Financial Hurdles with Tribe Vest 20:51 The Importance of Accountability in Achieving Goals 21:17 Mentors vs. Coaches: Understanding the Difference 22:05 Alternative Investment Strategies and Education 24:05 Chad's Journey from HR to Business Coach 28:33 Final Round: Insights and Reflections 34:08 Closing Thoughts and Final Advice Find Chad Ackerman Website: https://chadackerman.focalpointcoaching.com/ Linkedin: https://www.linkedin.com/in/chad-ackerman-8089a8a/ Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links [https://averagejoefinances.com/links] About Mike: https://mikecavaggioni.com [https://themikecav.com] Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ [https://averagejoefinances.com/show-notes/] *DISCLAIMER* https://averagejoefinances.com/disclaimer [http://www.averagejoefinances.com/disclaimer] See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes [http://www.averagejoefinancespod.com/episodes] Support the show [https://www.buymeacoffee.com/avgjoefinances]

Send us a text [https://www.buzzsprout.com/twilio/text_messages/1822550/open_sms] Join us on Average Joe Finances as our guest Brian Truman, a seasoned professional with an intriguing career trajectory. From starting as a sports broadcaster, transitioning to a 22-year-long career in government contracting, to owning the largest business brokerage in Nashville, Brian shares his journey. He emphasizes the importance of relationships over transactions in the real estate business, discusses the thriving multifamily market in Nashville, and offers advice for newcomers looking to delve into multifamily real estate investing. Brian's insights on the significance of networking, continuous learning, and taking action in real estate investing provide valuable takeaways for both novice and experienced investors. In this episode: * Discover how transitioning from business ownership to real estate can accelerate your path to financial freedom. * Learn why Nashville's booming, diversified economy makes it a prime location for real estate investing. * Understand the value of building authentic relationships over chasing short-term transactions. * Gain practical tips on how new investors can start small, build confidence, and scale into multifamily deals. * And so much more! Key Moments: 00:54 Guest Introduction: Brian Truman's Background 01:26 Transition to Real Estate: From Broadcasting to Brokerage 01:58 Selling the Business and Moving into Real Estate 02:56 Commercial Real Estate and Business Brokerage 06:43 Multifamily Real Estate Focus 15:56 Why Nashville? 21:07 The Importance of Relationships in Real Estate 25:08 Straight Shooter Broker Insights 26:45 Multifamily Real Estate for Everyone 27:30 Getting Started in Real Estate Investing 30:13 The Importance of Due Diligence 39:12 Final Round: Personal Insights 44:15 Contact Information and Final Thoughts Find Brian Truman: Website: https://accelcre.com Linkedin: https://www.linkedin.com/in/brian-truman-1164418/  Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links [https://averagejoefinances.com/links] About Mike: https://mikecavaggioni.com [https://themikecav.com] Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ [https://averagejoefinances.com/show-notes/] *DISCLAIMER* https://averagejoefinances.com/disclaimer [http://www.averagejoefinances.com/disclaimer] See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes [http://www.averagejoefinancespod.com/episodes] Support the show [https://www.buymeacoffee.com/avgjoefinances]

Send us a text [https://www.buzzsprout.com/twilio/text_messages/1822550/open_sms] Join us on Average Joe Finances as our guest Carlos Samaniego, discusses his transformative journey from a young EMT making financial mistakes to becoming a tax debt consultant. Carlos recounts how bad advice led him to claim excessive tax exemptions, resulting in a significant IRS debt and years of unfiled taxes. This tumultuous experience inspired him to help others navigate tax issues, ultimately leading to the founding of his company, Tax Debt Consultants. Carlos shares valuable insights on dealing with IRS debt, the importance of immediate action, and the role of tax professionals in safeguarding against compounded interests and penalties. In this episode: * Learn how unresolved tax issues can snowball and why early intervention is key to minimizing damage. * Discover the power of representation and how a tax professional can negotiate massive debt reductions. * Grasp the importance of separating personal and business finances to stay organized and audit-ready. * Understand why ignoring IRS letters only worsens your situation and how facing them can lead to relief. * And so much more! Key Moments: 01:35 Meet Carlos Samaniego: A Journey from Military to Tax Professional 02:12 The Tax Mistake That Changed Everything 04:00 The Road to Tax Debt Consultants 05:56 The Importance of Hiring a Tax Professional 10:33 Understanding Tax Problems and Resolutions 14:01 The IRS and COVID: A Collection Pause 15:32 The Consequences of Ignoring IRS Letters 19:06 Non-Filers: The IRS is Watching 23:25 Success Stories: From Massive Debt to Relief 27:32 Success Stories and Their Importance 28:23 The Offer in Compromise Program Explained 30:37 Negotiating with the IRS: Real-Life Examples 31:57 The Five-Year Probation Period 35:01 Choosing the Right Tax Professional 37:35 Final Round: Quick Fire Questions 44:55 Where to Find More Information 46:58 Closing Remarks and Thank You Find Carlos Samaniego: Speaker Website:https://carlossamaniego.com/    Company Website: https://www.taxdebtconsultant.com/ LinkedIn: https://www.linkedin.com/in/carlossamaniego/ Facebook:https://www.facebook.com/taxdebtconsultant/ Instagram: https://www.instagram.com/jcarlossamaniego/ X: https://x.com/carlossamaniego  Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links [https://averagejoefinances.com/links] About Mike: https://mikecavaggioni.com [https://themikecav.com] Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ [https://averagejoefinances.com/show-notes/] *DISCLAIMER* https://averagejoefinances.com/disclaimer [http://www.averagejoefinances.com/disclaimer] See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes [http://www.averagejoefinancespod.com/episodes] Support the show [https://www.buymeacoffee.com/avgjoefinances]

Send us a text [https://www.buzzsprout.com/twilio/text_messages/1822550/open_sms] Join us on Average Joe Finances as our guest Adi Klevit, an expert in process documentation and optimization, shares her journey from industrial engineering to founding her own business. She delves into the importance of documenting business processes, offering a step-by-step guide on how to start and refine these systems. The conversation covers various aspects such as the mindset needed for process implementation, the significance of delegation, and the benefits of having well-documented procedures.  In this episode: * Learn how documenting processes can unlock time, freedom, and long-term business scalability. * Discover why starting with your biggest bottlenecks yields the highest ROI in system optimization. * Grasp how process mapping and clear delegation improve team accountability and consistency. * Understand the mindset shift needed for visionary leaders to embrace a process-driven business culture. * And so much more! Key Moments: 00:59 Guest Introduction: Adi Klevit 01:31 The Importance of Process Documentation 02:45 Challenges in Process Documentation 03:26 Steps to Effective Process Documentation 06:23 Return on Investment and Freedom 11:42 Delegation and Process Mapping 16:21 Mindset for Process-Driven Leadership 17:42 Defining Standards and Processes 18:19 Mindset and Accountability in Leadership 19:07 Visionaries and Process Implementation 21:43 Coaching and Revising Processes 23:31 Starting from Scratch: Overcoming Overwhelm 24:35 The Importance of Processes in Business 26:38 Final Round: Personal Insights and Advice 29:49 Where to Find More Information 31:45 Final Thoughts and Closing Remarks Find Adi Klevit Website: https://bizsuccesscg.com/ LinkedIn: https://www.linkedin.com/in/adiklevit/ Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links [https://averagejoefinances.com/links] About Mike: https://mikecavaggioni.com [https://themikecav.com] About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ [https://averagejoefinances.com/show-notes/] *DISCLAIMER* https://averagejoefinances.com/disclaimer [http://www.averagejoefinances.com/disclaimer] See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes [http://www.averagejoefinancespod.com/episodes] Support the show [https://www.buymeacoffee.com/avgjoefinances]

Send us a text [https://www.buzzsprout.com/twilio/text_messages/1822550/open_sms] Join us on Average Joe Finances as our guest Jon Ostenson discusses the benefits and intricacies of non-food franchise opportunities, touching on Jon's journey from the corporate world to launching Fran Bridge Consulting. Jon shares insights into why non-food franchises can be more stable and less complex compared to food franchises, along with tips for prospective franchisees on how to succeed. The conversation also dives into the tax benefits of business ownership, the importance of networking, the value of following a proven system, and the potential for scaling a franchise business.  In this episode: * Learn why non-food franchises often offer simpler operations, fewer staffing headaches, and higher margins. * Discover how semi-passive franchise ownership can help you build a business while keeping your day job. * Explore the strategic advantage of combining real estate investing with complementary franchise models. * Understand why following a proven system is the key to long-term success as a franchise owner. * And so much more! Key Moments: 00:56 Guest Introduction: John Ostenson 01:35 Jon's Journey into Franchising 02:53 The Appeal of Non-Food Franchises 04:33 Franchising vs. Starting a Business 06:20 Active vs. Passive Franchise Ownership 07:47 Scaling and Success in Franchising 14:03 Real Estate and Franchising Synergies 18:18 The Importance of Networking in Business 18:38 Tax Benefits for Business Owners 19:20 Changes in Tax Codes and Their Impact 20:06 Leveraging Family in Business for Tax Advantages 20:51 The Value of Professional Tax Assistance 22:20 The Power of Masterminds and Franchise Systems 22:37 Learning from Other Franchisees 24:42 The Risks and Rewards of Business Ownership 25:24 Final Round: Reflecting on Business and Finance 27:12 Tips for Aspiring Franchise Owners 28:01 Finding the Right Franchise Fit 29:06 Recommended Books and Podcasts 30:44 How to Connect with Jon and Learn More 32:30 Final Thoughts and Encouragement Find Jon Ostenson Website: https://franbridgeconsulting.com/ [https://franbridgeconsulting.com/] LinkedIn: https://www.linkedin.com/in/jonostenson/  Average Joe Finances® All of our social media links and more: https://averagejoefinances.com/links [https://averagejoefinances.com/links] About Mike: https://mikecavaggioni.com [https://themikecav.com] About Tawnya: https://www.themoneylifecoach.com/ Show Notes add-on continued here: https://averagejoefinances.com/show-notes/ [https://averagejoefinances.com/show-notes/] *DISCLAIMER* https://averagejoefinances.com/disclaimer [http://www.averagejoefinances.com/disclaimer] See our full episode transcripts here: https://podcast.averagejoefinances.com/episodes [http://www.averagejoefinancespod.com/episodes] Support the show [https://www.buymeacoffee.com/avgjoefinances]