On this episode of Living Off Rentals, we talked with Jay Johnson and his son Kent Johnson, a professional ice hockey forward currently playing for the Columbus Blue Jackets of the National Hockey League (NHL).

Kent shared what was required to achieve his dream of playing in the NHL and representing Team Canada in the Beijing Olympics two years ago.

Jay discussed how, as a parent, you can help your children achieve their full potential. He also shares what his real estate investing journey looked like while raising Kent and his brother Kyle.

Listen as they share the mindset required to grow to the next level, and how you can also adopt a similar thought process. Enjoy the show!

Key Takeaways

[00:00] Introducing Jay and Kent Johnson and their background

[04:05] The turning point

[11:55] Getting better results in things you love

[14:55] Dealing with setbacks

[23:17] Jay's advice for parents to effectively guide their children

[30:22] Kent's experience competing in the Beijing Olympics

[35:56] The process of setting goals

Show Links

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast

Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

Living Off Rentals Website – livingoffrentals.com

Living Off Rentals Instagram – instagram.com/livingoffrentals

Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is Mark Ritter. Mark is the CEO of Member Business Financial Services (MBFS), an entity owned by 13 different credit unions with the mission to help credit unions fund more loans for real estate investors and small business owners. Mark is also the host of the Credit Union Conversations podcast.

In this episode, he talked about credit unions, a type of financing that is underutilized because people just don't understand the details. Learn more about credit unions and other types of financing that are perfect for any deal or investor situation. Enjoy the show!

Key Takeaways

[00:00] Introducing Mark Ritter and his background

[02:43] The difference between a credit union and a bank

[08:35] How can people work with a credit union?

[10:58] Type of loans offered to real estate investors

[16:01] "Credit analysts are very smart"

[19:48] Small business loans

[29:49] Connect with Mark Ritter and MBFS

Guest Links

Website – mbfs.org

Show Links

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast

Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

Living Off Rentals Website – livingoffrentals.com

Living Off Rentals Instagram – instagram.com/livingoffrentals

Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Living Off Rentals 238 – Ryan O'Connell – Supercharge Your Cash Flow with an ADU

Joining us today on this episode of Living Off Rentals is someone who is passionate about the Accessory Dwelling Unit or ADU.

Ryan O'Connell is a real estate investor who shows how using ADU's can increase cash flow in short and long-term rental investments.

Listen as he shares insights about this topic, particularly the versatility of ADU compared to home additions or the purchase of a second property. Enjoy the show!

Key Takeaways

[00:00] Introducing Ryan O'Connell and his background

[05:30] What is ADU?

[14:51] The general cost for ADU

[23:26] List of states that allow ADU (https://community.how-to-adu.com/adu-rules-by-state)

[27:31] Ryan's take on prefabricated homes

[34:31] Multi-unit ADU structures

[43:29] Connect with Ryan

Guest Links

Website – youtube.com/c/howtoadu

Show Links

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast

Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

Living Off Rentals Website – livingoffrentals.com

Living Off Rentals Instagram – instagram.com/livingoffrentals

Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is Mark Willis, a certified financial planner, three-time number-one best-selling author, and owner of Lake Growth Financial Services. He is a financial planner who is open to different types of strategies in real estate investing.

In this episode, he shares some of the major pitfalls of most people's financial plans and how he specializes in working with real estate investors and business owners.

We know you’ll enjoy learning from Mark–who is also a second-time guest on the show!

Key Takeaways

[00:00] Introducing Mark Willis and his background

[05:27] Meaningful money conversations

[10:31] No guarantees, no predictability

[14:54] We have no idea how long we are going to live

[16:30] The tax time bomb

[19:07] "You are your money guru."

[22:31] Asset classes with the most growth and success

[26:27] Contractual wealth vs. paper wealth

[34:25] Self-directed life

[38:13] Connect with Mark Willis

Guest Links

Website – kickstartwithmark.com

Show Links

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast

Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

Living Off Rentals Website – livingoffrentals.com

Living Off Rentals Instagram – instagram.com/livingoffrentals

Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is someone who specializes as a passive investor backing other people's commercial deals. He started with a single-family home and switched to investing as a full-time limited partner.

Travis Watts has been a proven leader in the real estate industry since 2009 in multifamily, single-family, and vacation rentals.

Listen and find out if Travis' strategy as a passive investor is still a viable strategy for people today and whether things have changed or not over the last few years. Enjoy the show!

Key Takeaways

[00:00] Introducing Travis Watts and his background

[04:35] Financial independence

[06:36] What does it mean to be a limited partner?

[17:40] Protecting existing deals

[26:33] Two trademark brands under Ashcroft Capital, LLC

[32:38] Good lessons to learn in real estate investing

[38:00] Diversification

[40:29] Connect with Travis Watts

Guest Links

Website – info.ashcroftcapital.com/traviswatts

Show Links

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast

Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

Living Off Rentals Website – livingoffrentals.com

Living Off Rentals Instagram – instagram.com/livingoffrentals

Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us in this episode of Living Off Rentals is someone who has built an impressive portfolio over the last 15 years. He achieved financial freedom through a mix of rental properties and note investments.

Nick Disney is a real estate investor who owns 52 doors and notes that created a dependable stream of cash flow. He has grown an impressive portfolio valued at over $3 million and now helps people in their real estate investing journey.

In this episode, Nick discusses how rental properties and note investing could help generate regular cash flow. Enjoy the show!

Key Takeaways:

[00:00] Introducing Nick Disney and his background

[04:23] The evolution of his marketing strategy

[09:23] BRRRR Model

[13:48] What do numbers look like on a typical deal?

[21:08] Best strategy for finding off-market deals

[26:53] Note Investing

[32:41] Lessons learned

[34:41] Connect with Nick Disney

Guest Links:

Email: nick@mysantoniohouse.com

Socials: @realestate_nick11

Show Links:

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

Living Off Rentals YouTube Podcast Channel - youtube.com/c/LivingOffRentalsPodcast

Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

Living Off Rentals Website – https://www.livingoffrentals.com/

Living Off Rentals Instagram – instagram.com/livingoffrentals

Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us for this episode of Living Off Rentals is Steven Andrews, author of the book “The New American Dream: A Simple Roadmap to Purchasing Investment Properties.”

Coming out of college, Steven was $75,000 in debt and making $45,000 a year. With little to no money, he used his credit cards to fund his first rental property deal.

Listen to how he went from buying properties as a supplement to his income to purchasing real estate full-time. Today, he owns and manages hundreds of properties through his virtual property management company, Realty Management Group. Enjoy the show!

Key Takeaways

[00:00] Introducing Steven Andrews and his background

[04:54] Using a credit card to fund his first real estate deal

[11:30] Real estate mentorship

[15:53] How do you spot a good deal?

[23:21] Doing property management virtually

[32:26] Hiring virtual assistants

[35:52] Partnerships in real estate

[49:39] Connect with Steven Andrews

Guest Links

Website – soarxconsulting.com

Show Links

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast

Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

Living Off Rentals Website – livingoffrentals.com

Living Off Rentals Instagram – instagram.com/livingoffrentals

Living Off Rentals TikTok – tiktok.com/@livingoffrentals

Joining us on this episode of Living Off Rentals is an expert in multifamily properties. He has partnered with other investors to purchase over $100 million dollars’ worth of these properties.

John Casmon hosts a very popular podcast, Multifamily Insights. He came from a corporate job that he enjoyed, but with concerns about having no control of his employment, promotion, and salary, he transitioned to real estate investing.

Listen as he shares his journey about how he got started in real estate!

Key Takeaways

[00:00] Introducing John Casmon and his background

[05:09] House hacking

[08:17] Deals that John targets

[11:33] Getting comfortable borrowing a significant amount of money

[20:47] The idea of brand building

[27:57] Determining the best area to invest

[31:45] Real estate investor vs. real estate speculator

[37:53] Connect with John Casmon

Guest Links

Website – casmoncapital.com

Show Links

Living Off Rentals YouTube Channel – youtube.com/c/LivingOffRentals

Living Off Rentals YouTube Podcast Channel – youtube.com/c/LivingOffRentalsPodcast

Living Off Rentals Facebook Group – facebook.com/groups/livingoffrentals

Living Off Rentals Website – livingoffrentals.com

Living Off Rentals Instagram – instagram.com/livingoffrentals

Living Off Rentals TikTok – tiktok.com/@livingoffrentals