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 Jay Balekar, shares his inspiring journey from growing up in India to becoming a successful real estate investor in the U.S. Jay discusses his background in cybersecurity, his early exposure to Robert Kiyosaki's 'Rich Dad, Poor Dad,' and how he transitioned into multifamily real estate. He emphasizes the importance of education, careful underwriting, having ample reserves, and the value of networking and mentorship.  In this episode: * Explore how strategic self-education can accelerate your entry into multifamily investing. * Uncover the power of networking and mentorship in scaling your real estate portfolio. * Absorb the value of financial discipline—avoid risky debt and build strong reserves. * Grasp why adapting to market shifts with operational excellence is key to long-term success. * And so much more! Key Moments: 00:00 Introduction and Welcome 00:55 Guest Introduction: Jay Balekar 01:30 Jay's Early Life and Education 02:38 First Steps into Real Estate 03:49 First Multifamily Property Experience 05:18 Challenges and Lessons Learned 14:00 Networking and Growth 16:49 Market Changes and Strategies 25:57 Final Round: Key Questions 34:54 Final Thoughts and Farewell Find Jay Balekar on: Website: https://www.prospercapitalco.com/ Facebook: https://www.facebook.com/jaideep.balekar LinkedIn: https://www.linkedin.com/in/jaideepbalekar/ [https://www.linkedin.com/in/jaideepbalekar/] 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 Giang Nguyen from One River Capital, shares her inspiring story of transitioning from a biology major to real estate investing, starting with a single-family foreclosure and scaling up to a multifamily portfolio that allowed her to leave her W2 job and pursue her passion for salsa dancing. She discusses overcoming challenges, the importance of community and mentorship, and tips for new investors.  In this episode: * Discover the power of aligning your investments with your personal "why" for lasting motivation. * Absorb the importance of starting before you're ready—progress comes from doing, not waiting. * Grasp how community and mentorship can fast-track your growth and minimize costly mistakes. * Understand that calculated risks and collaboration are key to scaling your real estate portfolio. * And so much more! Key Moments: 00:54 Meet Giang: From Vietnam to Multifamily Investor 01:36 Giang's Real Estate Journey Begins 02:38 Scaling Up: From Single Family to Multifamily 04:15 The Importance of Taking Action 07:04 Finding Your Why in Real Estate Investing 11:01 Overcoming Mistakes and Learning from Experience 16:10 Tips for Aspiring Real Estate Investors 18:22 Recommended Books and Resources 20:37 Connect with Giang and Final Thoughts Find Giang Nguyen on: Website: https://onerivercapital.com/ Facebook: https://www.facebook.com/thatsalsainvestor/ [https://www.facebook.com/thatsalsainvestor/] Instagam: https://www.instagram.com/thatsalsainvestor 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 Marcia Dawood, a seasoned angel investor, shares her journey from corporate America to discovering the world of angel investing. She explains how angel investing is accessible even for those who aren't super wealthy and discusses the importance of diversification and having a solid investment thesis. The conversation delves into different types of crowdfunding, including equity crowdfunding and debt crowdfunding, as well as the challenges and opportunities in the current investment landscape.  In this episode: * Discover how angel investing is more accessible than ever, with opportunities starting at just $50. * Learn why diversification and due diligence are key to building a strong investment portfolio. * Understand how to spot truly innovative startups beyond the hype of trending buzzwords. * Explore alternative investing approaches like debt crowdfunding for lower-risk entry points. * And so much more! Key Moments: 00:55 Guest Introduction: Marcia Dawood 01:27 Marcia's Journey into Angel Investing 02:59 Understanding Angel Investing 05:07 Comparing Angel Investing to Real Estate Syndication 05:49 The Role of Funds in Angel Investing 06:54 Risks and Rewards of Angel Investing 12:36 Marcia's Book: Do Good While Doing Well 15:21 Equity Crowdfunding and Platforms 18:32 Debt Crowdfunding Explained 25:30 Podcast Milestones and Notable Guests 25:40 Democratizing Private Investing Find Marcia Dawood on: Website: https://www.marciadawood.com/ LinkedIn: https://www.linkedin.com/in/marciadawood/ [https://www.linkedin.com/in/marciadawood/] Facebook: https://www.facebook.com/marcia.dawood 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 Joe Downs, CEO of Belrose Storage Group, shares his 17-year journey in commercial real estate. Joe recounts his early career as a financial advisor, the impact of 9/11 on his career shift, and his ventures, including owning a bar and moving into real estate. Joe delves into his current focus on the self-storage industry, offering insights into market dynamics, the importance of mentorship, and the unique opportunities in storage, especially during economic cycles. In this episode: * Learn how adaptability and resilience can turn career setbacks into real estate success. * Discover why self-storage is an overlooked yet profitable niche in commercial real estate. * Understand the importance of seeing opportunity in every deal, even beyond your initial criteria. * Gain insights on why hands-on business oversight is key to long-term investment success. * And so much more! Key Moments: 00:00 Introduction and Welcome 01:00 Guest Introduction: Joe Downs 01:23 Joe's Journey into Real Estate 01:39 From Financial Advisor to Real Estate 02:00 The Impact of 9/11 and Career Shift 02:56 Venturing into Real Estate 04:00 Owning a Bar: Lessons Learned 04:57 Transition to Radio and Real Estate 07:14 Discovering Self Storage 09:28 The Self Storage Business Model 13:20 Challenges and Opportunities in Storage 27:49 Advice for Aspiring Investors 31:24 Final Thoughts and Contact Information Find Joe Downs on: Website: https://www.belrosestoragegroup.com/ [https://www.belrosestoragegroup.com/] Instagram: https://www.instagram.com/belrosestoragegroup/ [https://www.instagram.com/belrosestoragegroup/] Facebook: https://www.facebook.com/belrosestoragegroup [https://www.facebook.com/belrosestoragegroup] LinkedIn: https://www.linkedin.com/in/joe-downs-7990851/ [https://www.linkedin.com/in/joe-downs-7990851/] Youtube: https://www.youtube.com/@belrosestoragegroup [https://www.youtube.com/@belrosestoragegroup] 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 Darius Ross, a seasoned entrepreneur with over 30 years of experience. Darius shares his serendipitous entry into entrepreneurship, his experiences with real estate investment, consulting for equity, and the creation of educational materials from his many business lessons. He emphasizes the importance of adaptability, the 'guerrilla mentality,' salesmanship, and constant learning.  In this episode: * Learn how embracing adaptability and strategic thinking can fuel entrepreneurial success. * Discover why intellectual contributions often outweigh capital investments in building wealth. * Understand the power of the "gorilla mentality" in navigating business challenges and competition. * Gain insights on why accountability and self-reflection are crucial for personal and professional growth. * And so much more! Key Moments: 00:58 Guest Introduction: Darius Ross 01:27 Darius's Entrepreneurial Journey 02:34 First Business Venture: Real Estate 04:36 Consulting and Equity 05:23 Leadership and Writing Books 07:37 Gorilla Mentality Explained 13:43 Entrepreneurial Mindset and Challenges 19:28 Final Round: Mistakes and Lessons 25:44 Closing Thoughts and Wisdom Find Darius Ross on: Website :https://www.dariusaross.com/ [https://www.dariusaross.com/] LinkedIn: https://www.linkedin.com/in/darius-ross-0316626/ Facebook: https://www.facebook.com/dariusaross1 [https://www.facebook.com/dariusaross1] X: https://x.com/dacatman [https://x.com/dacatman] Instagram: https://www.instagram.com/darreexec/ [https://www.instagram.com/darreexec/] 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]