Ed F. and his wife Carol knew nothing about Real Estate Investing prior to joining Lifestyles Unlimited. Today Ed tells Mike Harrison how they optimized, unloaded, and turned their Duplex into a small Multifamily community, doubling their money in their very first deal! Three years later, Carol is Retired from Corporate America and has started their own property management company, while Ed Gives Back to this educational community as a Lead Investor™ teaching others how to fish for themselves and attain Financial Freedom!
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(July 26, 2020) The Best Time to Start Is Now
Mike Harrison listened to the Lifestyles Unlimited Radio Show for 2 years before taking action on the information, because the human mind will rationalize staying in repeatable patterns. Every investor wishes they had started sooner, so stop risking your livelihood by sticking to the status quo and start on a series of steps towards paying for your expenses with passive income.
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(July 19, 2020) TELOS Feasibility
Mike Harrison examines the 5 key areas within a TELOS Feasibility Study and how each part (Technical, Economic, Legal, Operational, and Scheduling) specifically relates to real estate investing. This approach provides a clear picture of the likelihood of success by rationally analyzing and assessing the practicality of a proposed plan.
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(July 12, 2020) Six Starter Steps to Financial Freedom
Are you living a well-balanced life, spending time with your family and pursuing your personal passions? If your time is tied to your job and your boss owns your days, Mike Harrison shares these 6 steps to start you on the road to financial freedom, allowing you to focus on the things that matter most.
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(July 5, 2020) Cash Producing Currency
It is imperative that in this time of record-high unemployment and uncertainty, you are making the most strategic and educated decisions for your financial future. Mike Harrison shares current and compelling evidence for why you should be investing in cash producing real estate right now, and how this form of positive investment debt has replaced the dollar as the true currency of our time. This is your golden window of opportunity, do not be caught on the other side wishing you had acted sooner.
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(June 28, 2020) Redefining Retirement
Society tells us that retirement means reaching a certain age and having a big enough pile of money set aside to enjoy the last few years of life. Mike Harrison redefines this notion with the basics of wealth creation through real estate. Trade-in your years working for “the man” and make your money work for you, so you can enjoy today and every day without the fear of outliving your savings.
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(June 21, 2020) Power Team Players: Real Estate Attorney
Investor and Vendor Richard R. from Dodson Law Firm joined Lifestyles Unlimited in 2012 and speaks today with Mike Harrison about the importance of utilizing legal advice in real estate investing. The pitfalls vary between smaller dollar Single Family homes and 8-figure Multifamily communities, but not using council to review the PPM, Pro-forma, business plans and transactions prior to entering a contract can come back to haunt you.
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(June 14, 2020) Self Managing vs. Hiring a Property Management Company
One of the biggest questions as a new investor, is should you self-manage your portfolio or hire a professional management company? While Lifestyles is equipped to help you self-manage, there are advantages of partnering with a quality property management company. Here to help you ask the right questions and dispel the myths and fears, Mike Harrison hosts expert Leah S., co-founder of Omni Key Realty, on the show to discuss the details you need to consider, and what operational and economic effects have resulted from Covid-19.
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(June 7, 2020) The Subscription Economy & Financial Freedom Formula
Mike Harrison explores the economic consumer shift to a subscription based exchange of services, and how successful real estate investors apply this to resident relationships. He expands upon conventional wisdom for retirement, with a more effective formula for your Financial Freedom (Time x Rate of Return X Amount Invested = CASH FLOW.)
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(May 31, 2020) Financially Thriving in Any Economy
Mike Harrison responds to listeners questions addressing the true time commitment involved in becoming a single family property owner, and deep dives into the cost of college and two proven ways to pay for it using rental properties.
