Focused. Free. Fit.

Engineering Wealth: Scott Stanfield’s Blueprint For Real Estate Success (Episode 24)

55 min · 2 de sep de 2024
Portada del episodio Engineering Wealth: Scott Stanfield’s Blueprint For Real Estate Success (Episode 24)

Descripción

In this episode, Coach Frank interviews Scott Stanfield, a real estate investor, about his journey from engineering to real estate. Scott grew up in a blue-collar family and worked at a Dairy Queen during high school. He later pursued a degree in engineering and started working for the Air Force research labs. Scott eventually transitioned into real estate investing and focused on single-family homes. He emphasizes the importance of understanding the financial model of the investment and setting parameters based on individual risk tolerance. Scott also explains the power of leverage and the various returns that can be generated through real estate investing. The conversation focuses on the importance of lowering taxes in real estate investing and the factors that influence the decision to buy properties. Scott Stanfield emphasizes the need to prioritize tax savings and cash flow when building wealth. He explains that he is currently not actively buying properties and is instead focusing on preparing for potential market problems. He discusses the criteria he uses to evaluate markets and shares his top two favorite markets for real estate investment: Arkansas and Alabama. Scott also highlights the value of checklists in real estate investing and encourages taking action and learning from mistakes.

Comentarios

0

Sé la primera persona en comentar

¡Regístrate ahora y únete a la comunidad de Focused. Free. Fit.!

Prueba gratis

Empieza 7 días de prueba

$99 / mes después de la prueba. · Cancela cuando quieras.

  • Podcasts solo en Podimo
  • 20 horas de audiolibros al mes
  • Podcast gratuitos

Todos los episodios

26 episodios

episode Engineering Wealth: Scott Stanfield’s Blueprint For Real Estate Success (Episode 24) artwork

Engineering Wealth: Scott Stanfield’s Blueprint For Real Estate Success (Episode 24)

In this episode, Coach Frank interviews Scott Stanfield, a real estate investor, about his journey from engineering to real estate. Scott grew up in a blue-collar family and worked at a Dairy Queen during high school. He later pursued a degree in engineering and started working for the Air Force research labs. Scott eventually transitioned into real estate investing and focused on single-family homes. He emphasizes the importance of understanding the financial model of the investment and setting parameters based on individual risk tolerance. Scott also explains the power of leverage and the various returns that can be generated through real estate investing. The conversation focuses on the importance of lowering taxes in real estate investing and the factors that influence the decision to buy properties. Scott Stanfield emphasizes the need to prioritize tax savings and cash flow when building wealth. He explains that he is currently not actively buying properties and is instead focusing on preparing for potential market problems. He discusses the criteria he uses to evaluate markets and shares his top two favorite markets for real estate investment: Arkansas and Alabama. Scott also highlights the value of checklists in real estate investing and encourages taking action and learning from mistakes.

2 de sep de 202455 min
episode Scaling Success: Entrepreneurial Insights With Jeremy Shapiro (Episode 23) artwork

Scaling Success: Entrepreneurial Insights With Jeremy Shapiro (Episode 23)

In this conversation, Coach Frank interviews Jeremy Shapiro about his early years and his journey as an entrepreneur. They discuss the importance of making difficult decisions, the value of education and networking, and the challenges of scaling a business. They also delve into the concepts of delegation and the importance of clear systems and communication. Jeremy emphasizes the significance of KPIs (Key Performance Indicators) and the different types of indicators: trailing, leading, and vanity metrics. The conversation covers topics such as leading and lagging indicators, the importance of tracking the right metrics, the parallels between fitness and entrepreneurship, and the concept of entrepreneurial freedom. The guest also discusses the value of mastermind groups in sharing knowledge and generating breakthrough ideas.

26 de ago de 202451 min
episode Kevin Palmieri: Facing Fears, Embracing Growth, & Building Purpose (Episode 22) artwork

Kevin Palmieri: Facing Fears, Embracing Growth, & Building Purpose (Episode 22)

In this episode, Kevin Palmieri shares his personal journey of growing up without a father and how it impacted his confidence and sense of self-worth. He discusses his decision to meet his father for the first time at the age of 27 and the lessons he learned from that experience. Kevin also talks about his entrepreneurial journey and the challenges he faced in the beginning, emphasizing the importance of focusing on one or two things and being willing to do the necessary work, even if it's not glamorous. He highlights the significance of self-improvement and recommends dedicating at least 30 minutes a day to personal growth. In this conversation, Kevin Palmieri and Frank Hereda discuss various topics related to entrepreneurship and personal development. They cover the importance of networking, podcasting, and social media in building a community and generating leads. They also emphasize the significance of tracking finances, time blocking, and developing daily habits. The conversation highlights the need for self-awareness and aligning goals with core values. They conclude by discussing the flexibility of priorities and the big three: building demand, client delivery, and self-improvement.

19 de ago de 202453 min