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Mark Willis [ Bank on Yourself 101 ]

W2 Capitalist | EARN. INVEST. REPEAT.

Release Date: 08/06/2020

Tips for Allowing Film Crews to Book Your BnBs show art Tips for Allowing Film Crews to Book Your BnBs

W2 Capitalist | EARN. INVEST. REPEAT.

Happy Friday, folks! If you've got that extra pep in your step, it's because the weekend is just around the corner. Today, let's dive into the incredible benefits of community! Let me share a little story about the magic that can happen when you're surrounded by knowledgeable peers. So, picture this: a film crew wants to book your space, but there's a catch. They come with some pretty sketchy clauses in their agreement. Cue Kaitlyn, our community superhero, who swoops in with some priceless advice. Thanks to her wisdom, we dodged a few legal bullets and ended up getting paid for a week without...

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W2 Capitalist | EARN. INVEST. REPEAT.

Hey there, fellow busy parents! Today, I'm diving into a topic that's been buzzing around lately: speaking up against unethical advice in the real estate industry. Now, I know what you're thinking: "Why stir the pot?" But here's the deal: when it comes to shady practices, I firmly believe in calling them out. It's like this mantra I live by—One is an anomaly, Two is a pattern, three is a trend. So, when I see troubling patterns emerging, especially from self-proclaimed real estate gurus, I feel compelled to speak up. So, why do I do it? Simple. It's all about maintaining the integrity of our...

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W2 Capitalist | EARN. INVEST. REPEAT.

Hey there, podcast fam! Happy Wednesday! Today, we're diving into a topic that's often overlooked but super handy: the Rule of 72. Ever wondered how long it takes for your investments to double? Well, this nifty little rule has got you covered! It's as easy as pie: just take the number 72 and divide it by your annual interest rate, and voila! You've got the number of years it'll take for your investment to double. Sounds like magic, right? Tune in to this episode as we break down some calculations and demystify the Rule of 72. Trust us, you'll be thanking us later when you're doubling those...

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W2 Capitalist | EARN. INVEST. REPEAT.

Today, we're on a mission to conquer the distractions of shiny object syndrome, and we've got a little help from Keith Cunningham's "The Road Less Stupid." In this insightful read, Cunningham drops a truth bomb that stopped me dead in my tracks: "How does this get me to my goal faster?" It's a game-changer, folks. When we're evaluating deals, opportunities, or even life choices, it's all about weighing the pros and cons. So, join me on this enlightening journey as we decipher the difference between fleeting distractions and genuine opportunities. Remember, a slight hesitation may just be the...

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W2 Capitalist | EARN. INVEST. REPEAT.

Get ready for this week's challenge, folks! It's time to shake things up and schedule yourself a little social media sabbatical – courtesy of our fabulous classmate Sherry R! Here's the scoop: I want you to block out some time this week – or hey, even in the near future – for a much-needed break from the endless scroll. Now, I know what you're thinking – why all the fuss about social media? Well, my friends, it's time to face the music. We're spending more time scrolling than we are living – and that's a problem. Let's flip the script, prioritize what truly matters, and reclaim our...

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W2 Capitalist | EARN. INVEST. REPEAT.

Hey there, busy parents! Welcome to another sizzling episode of Hot Water Heater Friday! 🔥 Today, we're diving headfirst into the world of water heater replacements – because let's face it, when that trusty old unit calls it quits, it's time to roll up those sleeves and get down to business. So, what's the damage, you ask? Well, grab a seat and hold onto your hats as we break it down. Dear listeners, when it comes to water heater woes, knowledge is power. Arm yourself with these nuggets of wisdom, shop smart, and keep those eyes peeled for any signs of trouble brewing. After all, a little...

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W2 Capitalist | EARN. INVEST. REPEAT.

Hey, folks! Today, I'm sharing my personal journey of discovering the hard truths about property management and how to spot the signs of a sneaky manager who's not playing by the rules. Picture this: missed rent payments, deferred maintenance requests piling up, and evictions mysteriously MIA. Sound familiar? Yep, been there, done that. But fear not, because I've crafted the ultimate cheat sheet – 5 telltale signs that your property manager might be dipping into your pockets behind your back. Armed with these signs, you'll be ready to tackle any property management shenanigans head-on. And...

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W2 Capitalist | EARN. INVEST. REPEAT.

Happy Wednesday! Today, let's delve into a topic you might not have thought about much: the Department of Insurance. Yep, it's a real thing, and it's more important than you might realize. Join me as I share my eye-opening journey of discovering this crucial department and why it's essential to know about it when selecting insurance carriers for your properties. Discover how the Department of Insurance plays a crucial role in regulating insurance carriers and ensuring they toe the line. So buckle up and tune in! By the end of this episode, you'll be armed with the knowledge to make informed...

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W2 Capitalist | EARN. INVEST. REPEAT.

Tune in as I recount a recent experience where I decided to relinquish control and let my spouse take the reins. After a grueling week packed with work, family, and investment stresses, I declared to my wife that I simply didn't want to make any decisions. Surprisingly, it turned into one of the most refreshing and mentally freeing experiences I've had in a while. Join me as I share the journey from feeling like a drone to being fully present with my family. Discover how embracing this approach can offer a much-needed mental break and strengthen your connection with loved ones. It's time to...

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W2 Capitalist | EARN. INVEST. REPEAT.

Welcome back to another episode, folks! Today, I've got a challenge for you that might sound a little wild if you're always on the move – but trust me, it's worth it! I challenge you to take a 30-minute walk, no gadgets, no companions, just you and Mother Nature, three times this week. Yep, you heard me right – ditch the phone, leave your worries behind, and hit the great outdoors solo.  So why am I asking you to do this? Well, it's about reconnecting with nature, soaking in the sights and sounds of the world around us. We often forget as busy parents that we need that time for...

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Mark Willis is a man on a mission to help you think differently about your money, your economy, and your future. After graduating with six figures of student loan debt and discovering a way to turn his debt into real wealth as he watched everybody lose their retirement savings and home equity in 2008, he knew that he needed to find a more predictable way to meet his financial objectives and those of his clients.

Mark is a CERTIFIED FINANCIAL PLANNER, a two-time #1 Best Selling Author, and the Owner of Lake Growth Financial Services, a financial firm in Chicago, Illinois. Over the years, he has helped hundreds of his clients take back control of their financial future and build their businesses with proven, tax-efficient financial solutions. He specializes in building custom-tailored financial strategies that are unknown to typical stock jockeys, attorneys, or other financial gurus.

As co-host of the Not Your Average Financial Podcast, he shares some of his strategies for investing in real estate, paying for college without going broke, and creating an income in retirement you won’t outlive. Mark works with people who want to grow their wealth in ways that are safe and predictable, to become their own source of financing, and create tax-free income in retirement.

 

CONNECT WITH MARK:

KEY TAKEAWAYS:

  • Creative Real Estate Funding Solutions
  • When You Are An Employee, Your Money is Your Boss
  • How to Use Cash For Your Advantage
  • What's the one thing your money can do for you?
  • Insane Way to Handle Your Money
  • I'd Much Rather have Tiger Woods' Golf Swing than Tiger Woods' golf clubs
  • Design the Perfect Debt Pay Off Instrument
  • Work with a Bank on Yourself Professional
  • Is it possible Dave Ramsey is wrong? 
  • Life is like a roll of toilet paper. 

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