The Unconventional Investor

All About Building an Accessory Dwelling Unit w/ Tom Mulhern Part 1 ( Ep 90)

Accessory Dwelling Units (ADUs) are transforming family living as more people are building ADUs to care for parents or make space for grown kids.  If you’ve wondered about converting a garage, adding a modular unit, or starting fresh from the ground up, then tune into this episode! We discuss the real costs, challenges, and benefits of building an ADU. In this two-part episode, we are joined by expert Tom Mulhern, co-founder of AzADU, to explain the real costs, legislative changes, and why most ADUs are actually built for families and not as rental income.  Key Takeaways: * ADUs Are More Than Instagram DIYs:  Reality TV and social media make ADUs look easy, but there are a multitude of complexities including permitting, plumbing, electrical, and zoning. Building an ADU is a significant undertaking that requires understanding local ordinances and construction realities. * Family First, Rentals Second:  Contrary to media hype, most ADUs are built for multi-generational living, not rental income. Rising costs have families consolidating, using ADUs to keep loved ones close and reduce housing costs, while also freeing up larger homes for sale in the market. * Cost Factors Go Beyond Size:  Building an ADU is expensive on a per-square-foot basis, but compared to buying a full home in central locations, it can be an affordable alternative. ADU costs are driven mostly by kitchens, bathrooms, and utility connections. Modular and container homes aren’t always cheaper, given site prep, sanitation, and retrofitting requirements.  Be sure to catch part two of this episode where we’ll talk financing and more strategies for unconventional investing as we dive deeper into the cost breakdown, financing options, and rental income potential for ADUs. Contact Tom Mulhern at AzADU: https://www.az-adu.com/ [https://www.az-adu.com/] Take the quiz - How Alternative Assets Can Fit in Your Portfolio [https://www.tryinteract.com/share/quiz/672ec387dca489a684704eee]  Ready for the next step? * Subscribe to the Podcast: pod.link/1671924778 [https://pod.link/1671924778] * Don't forget to leave a review! Follow Michelle for more financial tips: * YouTube: youtube.com/@theunconventionalinvestor [https://www.youtube.com/@theunconventionalinvestor]  * Facebook: facebook.com/theunconventionalinvestorpodcast [https://www.facebook.com/theunconventionalinvestorpodcast] * Instagram: instagram.com/michelle.e.moses [https://www.instagram.com/michelle.e.moses]  * Website: www.mefinancial.net [https://www.mefinancial.net/work-with-me] Disclaimer: The information discussed in this podcast is for educational and informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, investments, or financial instruments. Private placements and alternative investments are speculative and involve significant risks, including the potential loss of your entire investment. These investments are often illiquid, meaning they may not be easily sold or converted to cash, and investors should be prepared to hold them for an extended period of time. These opportunities are typically suitable only for accredited investors and may not be appropriate for all listeners. Always consult with a qualified financial advisor, attorney, or tax professional before making any investment decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.

Money, Privilege, and the Importance of Being Thankful (Ep 89)

Appreciate what you have and where you are because gratitude is the real wealth. In today’s episode, Michelle gives her perspective on the book The Gratitude Diaries by Janice Kaplan with a focus on the chapter about money. With honest, personal reflections and practical advice, this episode encourages listeners to adopt a more grateful outlook in their financial journeys and highlights how privilege can shape our attitudes about wealth and competition. As you chase your financial goals, remember to be thankful for your journey, your support network, and every break that you were given along the way. Top 3 Key Takeaways: * Gratitude Goes Beyond Hard Work: Success isn't just about hustle. Many advantages—family support, legal protections, educational opportunities, even a helping hand—play a role. Taking a moment to recognize these factors keeps us grounded. * Competition vs. Collaboration: The scarcity mindset isn't helpful. There are enough clients, opportunities, and wealth for everyone. Focusing on collective abundance, rather than competition, changes how we approach business and money. * Giving Is More Memorable: Studies show acts of generosity stick with us far longer than spending on ourselves. Whether it's gifting, helping others, or offering a deal, these moments create lasting wellbeing. If you're interested in alternative investment strategies or just want to chat about gratitude, feel free to connect! Take the quiz - How Alternative Assets Can Fit in Your Portfolio [https://www.tryinteract.com/share/quiz/672ec387dca489a684704eee]  Ready for the next step? * Subscribe to the Podcast: pod.link/1671924778 [https://pod.link/1671924778] * Don't forget to leave a review! * Follow Michelle for more financial tips:  * YouTube: youtube.com/@theunconventionalinvestor [https://www.youtube.com/@theunconventionalinvestor]  * Facebook: facebook.com/theunconventionalinvestorpodcast [https://www.facebook.com/theunconventionalinvestorpodcast]  * Instagram: instagram.com/michelle.e.moses [https://www.instagram.com/michelle.e.moses]  * Website: www.mefinancial.net [https://www.mefinancial.net/work-with-me] Disclaimer: The information discussed in this podcast is for educational and informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, investments, or financial instruments. Private placements and alternative investments are speculative and involve significant risks, including the potential loss of your entire investment. These investments are often illiquid, meaning they may not be easily sold or converted to cash, and investors should be prepared to hold them for an extended period of time. These opportunities are typically suitable only for accredited investors and may not be appropriate for all listeners. Always consult with a qualified financial advisor, attorney, or tax professional before making any investment decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.

Build Wealth Through Culture by Investing in Art w/Clare Baukham (Ep 88)

Did you know that you can invest in ART and add this alternative asset to your portfolio? Find out how you can own a piece of culture and legacy and diversify your portfolio, all while supporting emerging and established artists.  In this episode, we explore the unique world of art as an investment vehicle. Clare Baukham, founder of Clear Art Reserve, joins us to explain how fractional ownership lets you hold a piece of world-class art, why art can beat the S&P 500, and how cultural assets can build long-term wealth. Key takeaways: * Fractional investing opens big doors: With Clear Art Reserve, investors can own fractions of blue-chip, mid-career, or even emerging artists’ works—without needing millions to get started. * Art isn’t just for the ultra-wealthy: Whether you’re new to alternative investments or looking to diversify beyond real estate and stocks, fine art can combine cultural appreciation with long-term growth potential. * ·Expertise matters: Selecting art with true upside requires deep market knowledge and a strong network. Relying on a specialized advisory team (instead of guessing or following trends) can give you an edge and help mitigate risks. Whether you’re an experienced investor looking for your next strategic move or simply curious, this episode promises valuable insights into a truly alternative and unconventional investment. Curious about adding art to your portfolio? Check out Clear Art Reserve and explore a new way to build wealth through culture. * Website: https://www.clear-art-reserve.com/ [https://www.clear-art-reserve.com/] * Instagram: @clarebaukham [https://www.instagram.com/clarebaukham/] / @clearartreserve [https://www.instagram.com/clearartreserve] Take the quiz - How Alternative Assets Can Fit in Your Portfolio [https://www.tryinteract.com/share/quiz/672ec387dca489a684704eee]  Ready for the next step? * Subscribe to the Podcast: pod.link/1671924778 [https://pod.link/1671924778] * Don't forget to leave a review! * Follow Michelle for more financial tips: * YouTube: youtube.com/@theunconventionalinvestor [https://www.youtube.com/@theunconventionalinvestor]  * Facebook: facebook.com/theunconventionalinvestorpodcast [https://www.facebook.com/theunconventionalinvestorpodcast]  * Instagram: instagram.com/michelle.e.moses [https://www.instagram.com/michelle.e.moses]  * Website: www.mefinancial.net [https://www.mefinancial.net/work-with-me] Disclaimer: The information discussed in this podcast is for educational and informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, investments, or financial instruments. Private placements and alternative investments are speculative and involve significant risks, including the potential loss of your entire investment. These investments are often illiquid, meaning they may not be easily sold or converted to cash, and investors should be prepared to hold them for an extended period of time. These opportunities are typically suitable only for accredited investors and may not be appropriate for all listeners. Always consult with a qualified financial advisor, attorney, or tax professional before making any investment decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.

The Surprising Habits and Traits of the Millionaire Next Door (Ep 87)

Learn the habits and mindset of financially comfortable people that set them apart from everyone else. As I've worked with clients over the years, I've had the privilege of working with many "millionaires next door" — the people who aren’t flashy, but are intentional about their spending, saving, and how they view money.  In this solo episode, I break down the behaviors and beliefs of people who are financially comfortable and what we can learn from them. Key Takeaways: * Mindset Matters: The most financially comfortable people have a positive expectation that "it will work out." They approach money and life with optimism instead of perceived powerlessness or a victim mindset. This positive outlook brings positive results. * Intentional Living, Intentional Spending: It’s not about flashy cars or chasing every trend. Wealthy clients are intentional about their spending and saving habits, funding what matters most to them, and keeping regular saving as a non-negotiable part of their routine. * Ownership & Long-Term Thinking: They take responsibility for learning about financial tools and avoid the "get rich quick” schemes. Successful investors continually educate themselves, make decisions with their long-term goals in mind, and never vilify those who have achieved financial success. Whether you're seeking alternative investment strategies or simply want to understand what sets financially confident people apart, this episode offers practical insights and thoughtful stories to help you take control of your financial future. Listen to the full episode, or book a consult to see how we can achieve your financial goals together. Take the quiz - How Alternative Assets Can Fit in Your Portfolio [https://www.tryinteract.com/share/quiz/672ec387dca489a684704eee]  Ready for the next step? * Subscribe to the Podcast: pod.link/1671924778 [https://pod.link/1671924778] * Don't forget to leave a review! * Follow Michelle for more financial tips:  * YouTube: youtube.com/@theunconventionalinvestor [https://www.youtube.com/@theunconventionalinvestor]  * Facebook: facebook.com/theunconventionalinvestorpodcast [https://www.facebook.com/theunconventionalinvestorpodcast] * Instagram: instagram.com/michelle.e.moses [https://www.instagram.com/michelle.e.moses]  * Website: www.mefinancial.net [https://www.mefinancial.net/work-with-me] Disclaimer: The information discussed in this podcast is for educational and informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, investments, or financial instruments. Private placements and alternative investments are speculative and involve significant risks, including the potential loss of your entire investment. These investments are often illiquid, meaning they may not be easily sold or converted to cash, and investors should be prepared to hold them for an extended period of time. These opportunities are typically suitable only for accredited investors and may not be appropriate for all listeners. Always consult with a qualified financial advisor, attorney, or tax professional before making any investment decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.

Hard Money Lending in Real Estate w/ Mike Bonn of The Cash Flow Company (Ep 86)

Have you thought about becoming a hard money lender for a real estate fix and flip? In this week’s episode, I talked with Mike Bonn from The Cash Flow Company to learn his business model for short-term lending secured by real-estate. This alternative investment strategy puts you in the seat of the lender while keeping things straightforward and secured by real assets. Key Takeaways: * Direct Lending, Real Security: Investors’ names are on the loan documents, not a pooled fund. That means direct control and security over your investment—plus, the potential to foreclose or sell the property should things go south. * Flexible Entry Points: No hefty minimums required! Whether you want to lend $15,000 or $2 million, you can start at a level that fits your goals and risk tolerance. * Attractive Returns, Simple Structure: Historical returns have ranged from 8.5% to 10%+, typically double what’s available from CDs or money market accounts. And there are no ongoing management fees eating into your profits. If you’re looking to diversify outside the stock market and want to do it in a way that gives you more control and transparency, this episode is a must-listen. To read more about The Cash Flow Company - https://thecashflowcompany.com/ [https://thecashflowcompany.com/] Listen to the episode that was mentioned - “How to Use Self-Directed Accounts to Invest in Alts with CNB Custody” [https://pod.link/1671924778/episode/MzkzZjZkNTItNjE2My00ZmE0LThjNzEtNDQ1NmRlZmUwYzg3] Take the quiz - How Alternative Assets Can Fit in Your Portfolio [https://www.tryinteract.com/share/quiz/672ec387dca489a684704eee]  Ready for the next step? * Subscribe to the Podcast: pod.link/1671924778 [https://pod.link/1671924778] * Don't forget to leave a review! * Follow Michelle for more financial tips:  * YouTube: youtube.com/@theunconventionalinvestor [https://www.youtube.com/@theunconventionalinvestor]  * Facebook: facebook.com/theunconventionalinvestorpodcast [https://www.facebook.com/theunconventionalinvestorpodcast] * Instagram: instagram.com/michelle.e.moses [https://www.instagram.com/michelle.e.moses]  * Website: www.mefinancial.net [https://www.mefinancial.net/work-with-me] Disclaimer: The information discussed in this podcast is for educational and informational purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, investments, or financial instruments. Private placements and alternative investments are speculative and involve significant risks, including the potential loss of your entire investment. These investments are often illiquid, meaning they may not be easily sold or converted to cash, and investors should be prepared to hold them for an extended period of time. These opportunities are typically suitable only for accredited investors and may not be appropriate for all listeners. Always consult with a qualified financial advisor, attorney, or tax professional before making any investment decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.