#59: Investment Real Estate with a Closer:
Path to Progress with Paul Heintzman and John Ackerman
Release Date: 07/31/2018
Path to Progress with Paul Heintzman and John Ackerman
Brendan O'Connor, COO at , joins us to discuss how his company helps people "find the healer within" through psychedelic therapy. Some questions Brendan answered in this episode: How did he become involved in psychedelic therapies? How did he become involved in decriminalizing psychedelics in Massachusetts? What is a psychedelic? What does decriminalization mean? How does Cambridge Biotherapies work with their patients? What should a patient look for when considering psychedelic therapy treatment centers to ensure their experience is safe? Has there been a shift...
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Jenna Denard, Owner and Travel Agent at Travelwell Company, joins us to discuss how you can use a travel agent to plan your perfect vacation.
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Major Robertson, Founder and CEO of Major Holdings, joins us to discuss how he buys online businesses and how he has quickly built a Private Equity Fund.
info_outlinePath to Progress with Paul Heintzman and John Ackerman
Rachel Richards, author of the best selling book Money Honey: A Simple 7-Step Guide For Getting Your Financial $hit Together, shares how anybody can earn enough passive income to retire in their twenties.
info_outlinePath to Progress with Paul Heintzman and John Ackerman
Adam Watson, co-founder of Against the Grain Brewery, tells us how Against the Grain has built a global brand based in Louisville, KY.
info_outlinePath to Progress with Paul Heintzman and John Ackerman
JOHN RONAYNE, THE OWNER OF BREWGRASS HOMEBREW SUPPLY, IS BACK TO DISCUSS WHAT HAPPENS WHEN THE GLITZ AND GLAMOUR OF STARTING YOUR OWN BUSINESS BEGIN TO FADE.
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Clay Gardner, a co-founder of Titan, joins us to share how anyone can invest like a hedge-fund investor.
info_outlinePath to Progress with Paul Heintzman and John Ackerman
The band Wilderado is made up, as their About Us would suggest on their website: "Four Dudes." Those four dudes are Maxim Helmerich (vocals, guitar), Tyler Wimpee (guitar, vocals), Colton Dearing (percussion, keys, vocals) and Justin Kila (drums). While touring with Mt. Joy, I was lucky enough to catch them while they were in Louisville for a few beers and a quick podcast.
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Ken Grossman, founder & CEO of Sierra Nevada Brewing Co., joins us to share how he built one of the largest breweries in America.
info_outlinePath to Progress with Paul Heintzman and John Ackerman
Maud & Stirling Welch, Owners of Hell or High Water, join us to discuss the process of opening a 1920s speakeasy in Downtown Louisville.
info_outlineChip Ridge, President of Millennial Title, teaches us the ins and outs of investment real estate.
Some questions answered in this episode (as always, any views expressed in this episode are personal opinions - do your research and consult a professional before investing in real estate):
- What is title insurance?
- Why did you start Millennial Title?
- What are the different objectives you can achieve with investment real estate (cash flow vs. asset accumulation)?
- Why should somebody invest in real estate?
- What are some of the major factors to consider before investing in real estate?
- Would you rather invest in a commercial, single-family, or multi-family property?
- What mistakes has Chip made while investing in real estate?
- What is the expected time-frame you should expect to hold an investment property?
- Is it hard to find a good real estate deal right now?
- How long does it take to find a good deal?
- Does the current market remind you of the 2007 bubble?
- What is the most important factor in making money in real estate?
- What are characteristics of properties you wouldn't touch?
- What are the biggest benefits of investment real estate?
- Why is leverage so important with investment real estate?
- What are the tax benefits of investment real estate?
- Who should you rely on when you begin investing in real estate?
- Should people manage their own properties or hire a management company?
- What are characteristics of home-run properties?
- How do you sell a company?
Last call:
- What advice would you give to your 22 year old self?
- Live life in the moment.
- What is your definition of success?
- Being a mentor and a steward, and being thoughtful every day.
- Chip is currently undergoing a project called "Block Change" to promote homeownership in communities that traditionally have third party housing.
- What advice would you give to somebody just starting a business?
- Surround yourself with a strong group.
- What's the best thing you've spent money on in the last six months?
- His childrens' education.
- What book/documentary would you recommend?
- Malcolm Gladwell - The Tipping Point
- What's your favorite thing to drink?
Shoutouts:
Enjoyed this episode? Feel free to connect with Chip on LinkedIn or at [email protected].
Have any topics you want to be covered or amazing people you’d like us to interview? Let us know! You can email us at [email protected]. You can also find us on Facebook, Instagram, Twitter, and Linkedin. Please be sure to subscribe to our weekly mailing list at drunkenmoney.com/subscribe.