The Richer Geek

What if you could be doing something smarter with your money that creates income now? If you’re an IT or other high-income professional who’s wanting to get ahead financially and enjoy greater freedom of choice… If you want a comfortable retirement and you know you’ll have more choices if you can do more with your money now… If you’ve wondered who else in Tech is creating ways to make their money work for them, and you want actionable ideas with honest pros and cons and NO fluff… Welcome to the Richer Geek Podcast – where we’re helping IT professionals find creative ways to build wealth and financial freedom. In this podcast, you’ll hear from others who are already doing these things… and learn how you can, too.

How to Build Wealth Through Non-Food Franchising 11/19/2025

How to Build Wealth Through Non-Food Franchising Welcome back to another episode of The Richer Geek Podcast. Today we are joined by Jon Ostenson, one of the top 1% Franchise Consultants in the U.S., respected author, investor, and leading voice in the world of non-food franchising. Jon breaks down how everyday professionals, corporate leaders, and real estate investors can use franchising to build wealth, diversify income, and create long-term stability even without quitting their day job. In this episode, we chat about… Jon’s career path from corporate leadership to franchise president and top franchise consultant Why non-food franchising offers lower risk, better margins, and more stability than trendy food brands How Jon helps clients filter through 600+ franchise options to find the best fit for their market and goals The truth about “semi-passive” franchise ownership and what it actually requires Why real estate investors and professionals looking for diversification are a natural fit for franchising Key Takeaways: Avoid Chasing Trends: Focus on non-trendy, understandable, cash-flowing service-based businesses like insulation, dumpsters, senior care, or pet grooming , as people will continue to spend on these regardless of the economy. Franchising is a "One-Stop Shop" Discovery Process: Working with a franchise broker like Jon is entirely free , and they help filter through the "noise" by identifying top opportunities based on the strength of the franchise leadership, financial models, and competitive advantages. Protect Your Area: Franchise brands protect owners, either through a protected radius for customer-facing retail or a defined territory (e.g., 250,000 population) for service-based businesses. Starting a Franchise vs. Buying an Existing One: It's generally easier to start a new franchise because the most successful existing units often sell internally to other franchisees , and buying an existing non-franchise business comes with the risk of key staff/customers leaving after the sale. Be Clear on Your Role: Understand the commitment level required. While many non-food franchises allow for an executive/semi-absentee model , Jon advises that "passive" is a misnomer, and you must be prepared to lean in if the manager isn't great. Resources from Jon | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/39074010

Bitcoin Meets AI: What’s Next? 11/12/2025

Bitcoin Meets AI: What’s Next? Welcome back to another episode of The Richer Geek Podcast! This week, as we honor Veterans Day, today’s guest brings both service and purpose to the mic. Joshua Brooks, founder of Exponential Advisors and an Army Reserve Chaplain, combines military discipline, faith, and forward-thinking tech to help families and organizations build real financial freedom. Joshua shares how he’s blending AI, blockchain, and Bitcoin into modern financial planning, why he believes everyone should take a second look at Bitcoin, and how faith and integrity shape his work. From overcoming PTSD to leading with purpose and even dropping a freestyle rap, this episode proves that money, meaning, and innovation can go hand in hand. In this episode, we chat about… Joshua’s journey from Army Infantry Soldier to Chaplain to Financial Advisor Exponential Advisors serves primarily Army veterans, busy parents, and Christian leaders, blending faith, values, and innovation The case for Bitcoin as a once-in-a-generation innovation How AI tools are transforming the way advisors and investors make decisions Joshua’s Ayahuasca retreat in Peru and its impact on mental health and family life What discipline and integrity mean in business and money management An unexpected freestyle rap about tech, wealth, and freedom Key Takeaways: Bitcoin isn’t hype, it’s a historic innovation worth understanding. AI can amplify human decision-making, not replace it. Faith and finance can align to create deeper purpose and sustainability. Healing leads to better leadership, mental clarity drives financial clarity. Character and credibility are the real currency in business. Veterans’ discipline and resilience mirror the mindset needed to thrive in investing and entrepreneurship. Resources from Joshua | | Books mentioned: | Resources from Mike and Nichole | | | /episode/index/show/therichergeek/id/39005580

How the Ultra-Wealthy Invest in 2025 11/05/2025

Buying Castles in Spain: The Smart Way to Invest in Boutique Hotels 10/29/2025

Why Mobile Home Parks Are the Smartest Real Estate Play 10/22/2025

The Quiet Fortune in Timberland 10/15/2025

The Quiet Fortune in Timberland Can trees really grow your wealth? In this episode, Mike talks with John Brenard, Founder and Managing Director of Southview Timberland Investments, about how timberland and farmland offer strong returns, steady cash flow, and natural inflation protection. John explains why this overlooked asset class is gaining traction with investors who want something real, stable, and sustainable. In this episode, we chat about… From Wealth Management to Timberland: How John turned a family land purchase into a thriving investment strategy. Why Timberland Works: A proven inflation hedge that’s uncorrelated to the stock market. The Power of the Southeast: Why this region now leads global timber production. More Than Just Trees: Multiple income streams from harvesting, farmland leasing, and recreational use. Sustainable by Nature: How responsible forestry adds both environmental and financial value. Investor Access: How Southview’s five-year fund makes timberland investing accessible through Schwab. Tariffs and Opportunity: How U.S. trade policies are fueling domestic timber growth. Key Takeaways: Timberland is a true alternative asset, it’s uncorrelated to traditional markets and historically stable. The Southeast U.S. is now the global timber powerhouse, offering strong mill infrastructure and high demand. Investors can access institutional-quality deals through Southview without the massive minimums of traditional TIMOs. Timberland offers multiple income channels, from harvest revenue to farmland and recreational leases. Sustainability drives returns, good forestry practices directly increase land value and resale potential. Southview’s fund model is transparent and investor-friendly, offering regular reporting, on-site visits, and digital onboarding. New trade and tariff policies are strengthening American timber markets, creating additional upside for domestic investors. Resources from John | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/38584220

The Hotel We Almost Skipped — That Tripled Our Money 10/08/2025

Preserving Legacies Through Storytelling 10/01/2025

Preserving Legacies Through Storytelling What if your family’s greatest stories could live on like a Netflix documentary? In this episode of The Richer Geek, today we are joined by filmmaker and storyteller Chance McClain, founder of Heritage Films. With over 800 documentaries produced, Chance has made it his mission to capture family histories, founders’ journeys, and life legacies in cinematic style. From Army veteran to Broadway musicals to award-nominated filmmaking, Chance shares how storytelling preserves values across generations and why every story, big or small, matters. In this episode, we chat about… How Chance transitioned from Army service and radio to founding Heritage Films. The story behind the very first Heritage Film and how it sparked a movement in legacy storytelling. Why businesses and family farms are “characters” in founder films. Surprising, real-life stories captured on film from WWII heroes to architects with secret pasts. The evolution of filmmaking technology, from VHS tapes to drones and iPhones. The emotional impact of preserving legacies and how families actually use and rewatch these films. Why talking to older generations unlocks wisdom, humor, and life lessons we often overlook. Key Takeaways: Everyone has a story worth telling: whether you’re a founder, veteran, or grandparent, your life holds lessons for future generations. Technology makes legacy preservation possible: from high-end Sony cameras to simple iPhones, storytelling tools are more accessible than ever. Hard work, grit, and values outlast success stories: the true legacy isn’t just the narrative, it’s the wisdom passed down. Stories change how we see people we thought we knew: a “regular” grandparent may have lived an extraordinary life. Businesses and land carry their own legacies: a company or farm often becomes a living character in family films. Connection matters more than production: while high-quality films are stunning, the heart lies in authentic conversations and memories preserved. Resources from Chance | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/38421680

Smart Tax & Exit Strategies Every Entrepreneur Needs 09/24/2025

Smart Tax & Exit Strategies Every Entrepreneur Needs Welcome back to another episode of The Richer Geek Podcast! Today our guest is David Flores Wilson, founder of Sincerus Advisory and named an Investopedia Top 100 Financial Advisor. He helps entrepreneurs, tech professionals, and business owners maximize wealth, optimize equity compensation, and exit businesses the smart way. In this episode, David breaks down tax-saving strategies, the power of donor-advised funds, how to use real estate for wealth building, and why exit planning should start on day one, not the day you’re ready to sell. If you want to keep more of what you earn and create a lasting financial plan, this conversation is a must-listen. In this episode, we chat about… How David’s early experiences with family businesses shaped his career in financial planning. Why entrepreneurs need a different approach to financial planning than traditional employees. Strategies for deferring taxes and leveraging state residency for long-term savings. Understanding Qualified Small Business Stock (QSBS) and how it can save millions in taxes. The role of charitable giving strategies (like DAFs and charitable buyouts) in wealth preservation. Why exit planning should start when you form your business, not when you’re ready to sell. How to balance wealth-building in real estate vs. stocks based on personal skills and opportunities. The emotional and identity shifts entrepreneurs face when selling a business. Key Takeaways: Entrepreneurs often need customized financial planning because most of their wealth is tied to their business. Tax deferral strategies can provide huge advantages, especially when combined with residency planning. QSBS can exempt up to $10 million in capital gains if structured correctly, an often-overlooked opportunity. Charitable giving can be structured to maximize both impact and tax benefits (e.g., bunching, DAFs, charitable redemptions). Real estate offers unique tax advantages but requires clear strategy and sometimes specialized partners. Exit planning isn’t just about money, it’s about legacy, lifestyle, and identity after the sale. Resources from David | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/38334270

Recession-Proof Wealth with Alternative Investments 09/17/2025

Why Curiosity Makes Better Leaders and Businesses 09/10/2025

Real Estate, Risk & Retiring Early 09/03/2025

Real Estate, Risk & Retiring Early What does it take to retire at 44 without winning the lottery or inheriting wealth? In this episode, we are joined by Tony Lopes, CEO of Dirty Boots Capital, real estate professional, best-selling author, coach, and speaker. Tony shares how his immigrant roots, engineering background, and calculated risks in real estate allowed him to achieve financial independence and how you can apply the same principles to your own journey. In this episode, we chat about… Tony’s journey from mechanical engineer to full-time investor and entrepreneur The wake-up call that shifted his mindset after being laid off at 28 Why keeping a W-2 job at first can be a powerful tool for real estate investors How to leverage 401(k) funds wisely to build your investment portfolio The psychological barriers (fear, resistance, conditioning) that hold people back from starting Tony’s “swim lane” in multifamily real estate and why he focuses there The role of networking and coaching in finding opportunities and accelerating growth Building not just wealth, but a legacy for future generations Key Takeaways: Financial independence starts with understanding your expenses and creating enough cash flow to cover them. A W-2 paycheck can be an advantage, banks value stability when you’re just starting out. Don’t reinvent the wheel, model the success of others who’ve done what you want to do. The biggest hurdle is often mindset, not money, overcoming fear and resistance is critical. Networking opens unexpected doors; opportunities often come from simply sharing your goals. Legacy matters: investing in real estate can provide stability and opportunity for future generations. Retiring early isn’t about quitting life, it’s about having freedom to live on your terms. Resources from Tony | | Books recommended: | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/38070565

Trusts & Legacy: Why South Dakota Leads in Planning 08/27/2025

Trusts & Legacy: Why South Dakota Leads in Planning What if your wealth could be preserved for generations, without family conflict, excessive taxes, or probate headaches? In this episode of The Richer Geek, we’re joined by Antony Joffe, Chairman of Sterling Trustees, to break down the world of trusts. From South Dakota’s unique laws to protecting your family legacy, Antony shares insights every entrepreneur, professional, and future planner should know. In this episode, we chat about… Antony’s career journey from CPA and investment banker to building Sterling Trustees with his father. Why family trustees often create conflict (and legal risk) and how corporate trustees solve that problem. How South Dakota became the trust capital of America and what makes its laws stand out. Real-world protections trusts can offer against creditors, lawsuits, divorce, and even poor financial decisions. The role of technology and the future of trusts, from AI-drafted documents to blockchain accounting. Why entrepreneurs, especially in high-tax states like California, should consider trusts early in wealth planning. Key Takeaways: Trusts aren’t just for billionaires. Even middle-class families can use them to preserve wealth and reduce probate costs. South Dakota leads the nation in progressive trust laws, offering tax advantages, asset protection, and strong privacy features. Corporate trustees provide expertise and neutrality, preventing family disputes and ensuring compliance with fiduciary duties. Trusts can be customized for flexibility, from staggered payouts to charitable giving, while safeguarding against divorces or creditors. Tech is reshaping trust management, with AI simplifying documents and blockchain promising long-term transparency. Start planning earlier than you think. Even in your 30s or 40s, a trust can protect future business exits, stock options, or inherited assets. Resources from Antony | | | Contact Antony: 610-314-8590 Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37972270

How AI is Transforming Business Strategy 08/20/2025

Mental Resilience for Entrepreneurs: Lessons from Startup Highs and Lows 08/13/2025

Investing in Real Estate and Private Businesses for Financial Freedom 08/06/2025

Investing in Real Estate and Private Businesses for Financial Freedom In this episode of The Richer Geek, we welcome back Bronson Hill, founder of Bronson Equity, who has now raised over $50 million for real estate investments and is a general partner in deals worth over $150 million. Bronson shares how he left a high-paying career in medical device sales to gain more control over his time through real estate investing. We talk about passive income, how investment strategies are shifting with the economy, and what true freedom really means beyond just money. In this episode, we chat about… Real Estate and Economic Shifts: Bronson discusses how rising debt costs and inflation are impacting real estate cash flow, despite strong housing demand and slower rent growth. Diversifying Beyond Real Estate: His company now invests in private businesses, oil and gas, and real estate debt funds to improve cash flow and tax benefits. Passive Investing Explained: Passive investing isn’t hands-off—it requires upfront due diligence on teams and deals. It's ideal for professionals with more capital than time. Buying High-Cash-Flow Businesses: Bronson looks for scalable businesses with $1M–$4M in annual cash flow, often overlooked by larger firms. He shares an example of a nearly acquired e-commerce company with $5M in yearly profit. Own Everything, Operate Nothing: Bronson focuses on owning equity while partnering with operators, allowing him to step away from day-to-day management and focus on investor relations. Key Takeaways: Time Freedom Over Financial Freedom: For Bronson, true freedom is about having control over your time, not just being financially well-off. Networking and Education are Crucial: Bronson highlights the quote, "You'll be the same person five years from now except for the books you read and the people that you meet". He believes that education and networking are the "rocket fuel" for both passive and active investors. The "Cigar Butt" vs. "Wonderful Business" Approach: Initially, Bronson studied Warren Buffett's "cigar butt" strategy of buying struggling businesses with one puff left. However, he now prefers Buffett's later approach of buying "a great business at a fair price". Bigger Can Be Better: Bronson explains that larger deals, whether in real estate or business, can offer advantages like better teams, superior loan terms (such as nonrecourse debt), and a more attractive exit for private equity buyers. Self-Made Millionaires are the Norm: A Fidelity Investments study shows that 86% of millionaires are self-made, demonstrating that wealth-building skills are learnable and not solely dependent on being born into money. The Importance of a Strong Network: Jim Rohn's quote, "You're the average of the five people that you spend the most time with," underscores the need to intentionally seek out rooms and masterminds where you can surround yourself with people who are ahead of you and provide new insights. Resources from Bronson | **Get a free copy of Bronson’s eBook “How To Use Inflation To Your Advantage” by texting the word “Inflation” to 33777 Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37699375

How to Exit Your Business Without Selling It 07/30/2025

How to Exit Your Business Without Selling It What if you didn’t have to sell your business to step away from it? In this episode, Mike talks with The Real Jason Duncan, founder of The Exiter Club, about building companies that run without their owners. They dive into what it really takes to scale, create systems, and gain back time, without burning out. In this episode, we chat about… From Ministry to Millions: Jason Duncan shares how losing his teaching job led to building a multimillion-dollar business and a new definition of success. The Cost of Having No Exit Strategy: Most entrepreneurs unknowingly build businesses that can’t run without them. Jason explains how this oversight almost cost him everything. Exit Without Selling: Learn what it means to step back from your business while keeping ownership, profit, and control thanks to his "Exit Without Exiting" approach. The Exiter Operating System (XOS™Method): A breakdown of the proprietary system Jason uses to help business owners transition from operator to investor and increase company value by 30%. Too Many Businesses, Too Fast: After exiting operations, Jason launched five new ventures in one year, a decision that nearly burned him out. Here’s what he learned about timing and focus. The Power of Masterminds and Community: Real stories from The Exiter Club show how group strategy and peer insight helped members scale, hire smarter, and buy back their time. Key Takeaways: Your Business Shouldn’t Be a Prison If you build a business without an exit plan, you might trap yourself in a job you own. Freedom requires intentional systems and structures. Exit ≠ Sell An “exit” doesn’t always mean selling. Jason’s “Exit Without Exiting” method shows how to stay an owner while freeing your time. Most Entrepreneurs Never Reach Tier 3 The vast majority stay in the Owner-Operator or Owner-Manager stage. To truly scale and step back, you must aim for the Owner-Investor role. Focus First, Diversify Later Don’t chase multiple streams of income too early. Nail one, automate it, and then scale into others. Time is the Ultimate Currency Money is renewable, time isn’t. Don’t be afraid to invest money to buy back your time. Coaching and Masterminds Fast-Track Growth Jason's clients have seen massive growth, smarter hiring, and higher company valuations just by applying proven systems and surrounding themselves with the right people. Resources from Jason | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37598935

How Smart Investors Build Wealth Outside the Stock Market 07/23/2025

How Smart Investors Build Wealth Outside the Stock Market Welcome back to another episode of The Richer Geek Podcast! Today’s guest is Dr. Amir Baluch, wealth strategist, private fund manager, and international best-selling author of Make It, Keep It. Dr. Baluch has helped professionals build lasting wealth through strategic passive investments, overseeing over $700M+ in projects through Baluch Capital. In this episode, we chat about… Dr. Amir Baluch's journey from aspiring doctor to semi-retired anesthesiologist and full-time wealth strategist, including early failures and lessons learned from losing his life savings in an electronic payments business and his father's bankruptcy. Why alternative investments are essential for real diversification and risk reduction The difference between real estate, private equity, and private credit and where they fit in your portfolio What it means to be a Limited Partner (LP) and why it’s ideal for busy professionals Real-life tax advantages: depreciation, capital gains exemptions, opportunity zones, and more Key Takeaways: Diversification is Key: Don't put all your money into one asset class like the S&P Index, diversify across multiple uncorrelated asset classes to significantly reduce risk. Beyond Stocks: Explore alternative investments like real estate, private equity, and private credit for potentially higher returns, cash flow, and tax advantages not typically found in public markets. Understand Risk, Return, and Liquidity: Every investment has these three profiles, and while return and liquidity are easy to grasp, understanding and underwriting risk is crucial. Tax Efficiency Matters: Strategic investing can offer substantial tax benefits through depreciation, capital gains exclusions (like IRC 1202 for private equity), and other incentives. Investing is a Team Sport: Don't try to go it alone. Partner with experienced mentors and consider starting as a Limited Partner (LP) to learn the ropes and leverage expertise. Continuous Learning: Always be on the lookout for new asset classes and knowledge, never assume you know everything. Resources from Amir | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37508045

Self-Directed IRA vs. Traditional IRA: What’s Better for Alternative Investing? 07/16/2025

Self-Directed IRA vs. Traditional IRA: What’s Better for Alternative Investing? Are you looking to seize control of your retirement funds and explore alternative investment avenues beyond traditional stocks? In this episode, Adam Bergman, a nine-time author, former tax and ERISA attorney, and founder of IRA Financial, shares how self-directed IRAs can empower you to invest in assets like real estate, crypto, gold, private businesses, and more. Learn the essential tax rules and strategies to cultivate your retirement growth. In this episode, we chat about… Introduction to Self-Directed IRAs: Explained what a self-directed IRA is and how it differs from traditional IRAs managed by custodians like Fidelity or Vanguard. Three Things You Can’t Do with an IRA: Clear breakdown of IRS restrictions: no life insurance, no collectibles, and no self-dealing (IRC Section 4975(c)). What Triggers UBIT (Unrelated Business Income Tax): Covered the three scenarios that may trigger UBIT and outlined strategies to avoid or minimize it. Solo 401(k) vs. Self-Directed IRA: Compared the advantages of solo 401(k)s for the self-employed, including UBIT exemptions and higher contribution limits. Using an IRA LLC or "Checkbook IRA": Describe the structure, benefits of control, limited liability, and privacy offered by IRA LLCs. Real Estate and Crypto with a Self-Directed IRA: Detailed how self-directed IRAs can be used for real estate and crypto investments, including the role of non-recourse loans. Key Takeaways: Self-directed IRAs allow you to invest in a wide range of alternative assets, with only a few IRS restrictions. A qualified custodian is required to handle IRA funds and facilitate compliant investments. UBIT may apply to leveraged real estate or active business investments, but it can often be reduced or avoided with the right strategy. IRA LLCs with checkbook control offer more flexibility, privacy, and direct access to manage investments. Solo 401(k)s are ideal for self-employed individuals, offering higher contribution limits and exemptions from UBIT on leveraged real estate. Learning from credible sources and consulting professionals is essential to avoid costly mistakes in self-directed retirement planning Resources from Adam | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37424955

Maximizing Credit Card Points for Luxury Travel 07/09/2025

Maximizing Credit Card Points for Luxury Travel Welcome back to another episode of The Richer Geek Podcast! Our guest today is Spencer Howard, credit card royalty program and travel rewards expert and founder of Straight To The Points. Spencer shares his expertise on maximizing credit card points to unlock luxury travel experiences, from choosing the right cards to building a sustainable points strategy that won't damage your credit score. In this episode, we chat about… Spencer's Journey from Politics to Points Expert - How working at the US Travel Association sparked his obsession with travel rewards and led to building a full-time business around credit card points strategy The Two-Sided Business Model - Spencer explains his newsletter service for finding business and first-class award space plus his travel advisor services for luxury ground experiences Transferable Points Strategy - Why starting with flexible points currencies like Chase Ultimate Rewards and Capital One Miles beats airline-specific cards for most travelers The Three Approaches to Credit Cards - Breaking down the "Keep It Simple" (1-3 cards), "Hub and Supplement" (4-6 cards), and "Maximalist" (continuous new cards) strategies Credit Score Myths Debunked - How responsible points enthusiasts maintain 750+ credit scores while regularly opening new cards through strategic management Key Takeaways: Start with transferable points programs rather than airline or hotel-specific cards to maximize flexibility and redemption options across 15+ different airlines Focus on bonus categories that align with your spending - Cards like Amex Gold (4x groceries) and Citi Premier (3x travel/gas/groceries) can accelerate point earning Maintain excellent credit hygiene - Keep oldest cards open, pay balances in full every month, and don't attempt this strategy unless you have a 700+ credit score Signup bonuses are the fastest way to earn points - New card bonuses typically offer more points than you can earn through regular spending over months Choose your involvement level - Whether you prefer a simple 1-3 card setup or become a maximalist earning machine, there's a points strategy that fits your lifestyle and effort level Resources from Spencer | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37344055

Revolutionary Banking Strategy That Pays Off Debt 4X Faster with Bill Westrom 07/02/2025

Revolutionary Banking Strategy That Pays Off Debt 4X Faster with Bill Westrom Welcome back to another episode of The Richer Geek Podcast! Today, we're exploring a revolutionary banking strategy that's completely changing how Americans save, invest, and conquer debt. Forget everything you thought you knew about traditional banking – it's time for a major financial upgrade. Our guest, Bill Westrom, co-founder and CEO of TruthInEquity.com, brings 30 years of invaluable banking and lending experience to the table. He's here to expose how the traditional financial system often fails families and, more importantly, how to fix it. Bill will explain his innovative "credit line banking" approach, a powerful method that has helped families pay off debt up to four times faster, transforming financial stress into clarity and control. In this episode, we chat about… America's Debt Reality Check: We'll challenge the common perception of $18 trillion in consumer debt and explore how modern living expenses have fundamentally shifted, making traditional financial advice less effective. The Truth About Credit Card Payments: Uncover the hidden mechanics behind how credit card companies calculate minimum payments and why strictly adhering to their terms can keep you trapped in a cycle of never-ending debt. Credit Line Banking Fundamentals: Get a clear explanation of this game-changing strategy: banking directly out of a credit line instead of a traditional checking account to leverage your income just like the big banks do. The Money Flow System: A step-by-step breakdown of how to strategically move your income into credit lines to suppress balances and dramatically slash interest costs. Bill Payday Strategy: Learn why consolidating all your bill payments to a single day each month can unleash the maximum debt-crushing power of your income. The Payoff Formula: Discover a simple, powerful calculation that allows you to predict exactly how fast you can pay off any debt: Balance ÷ Surplus = Payoff Timeline. Key Takeaways The Problem with Banks: Your money helps banks make money, while you pay high interest on your debts. The Credit Line Answer: Using a credit line lets you use your own money to lower debt faster and pay less interest. You're in Control: This method puts you in charge of your debt payoff, not the bank. Resources from Bill | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37250560

The Evolution of Luxury Vacation Rentals with Stephen Petasky 06/25/2025

The Evolution of Luxury Vacation Rentals with Stephen Petasky Welcome back to The Richer Geek Podcast! Today’s guest is Stephen Petasky, CEO and Founder of The Luxus Group. For the past 17 years, Steve and his team have helped deliver over 20,000 luxury vacations across North and Central America, the Caribbean, and Tuscany. Steve shares how The Luxus Group creates a high-end, consistent travel experience and works with global luxury brands to deliver real value.Whether you're a real estate investor, a vacation rental owner, or just love traveling in style, this episode gives you real insights into the future of luxury travel and hospitality. In this episode, we chat about… How It Started: The personal story that led to building a luxury vacation rental business, before Airbnb. Solving Inconsistency: How The Luxus Group delivers hotel-level standards in vacation homes. Syndication Strategy: Using early investments to buy high-end properties and offer better experiences. Luxury Tiers Explained: What “accessible luxury” vs. “ultra-luxury” means in today’s rental market. Regulations Impact: How short-term rental laws in places like Las Vegas and Maui affect property owners. Professional Management Wins: Why expert property management leads to higher income and fewer headaches. Key Takeaways Demand for Certainty: There's a strong need for consistent, hotel-like experiences in vacation rentals. Luxus Group tackles the inconsistency found in major platforms by enforcing strict brand standards, from linens to kitchen amenities, boosting customer loyalty and repeat bookings. Professional Management Benefits: Self-managing rentals can lead to pitfalls in a changing market. In contrast, expert property management by Luxus Group uses revenue optimization strategies and thorough property care to protect assets and can generate 10-40% or even up to 50-60% higher revenue. Regulations Create Opportunity: Increasing short-term rental rules in places like Las Vegas and Maui reduce overall supply. For legally compliant properties, this shift can drive higher revenues and property values, emphasizing the importance of adhering to local regulations. Resources from Stephen | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37137725

From Oil Fields to Financial Freedom Through Real Estate 06/18/2025

From Oil Fields to Financial Freedom Through Real Estate Looking to turn your career experience into real estate success? In this episode of The Richer Geek Podcast, Casey Gregersen shares how he went from working in the oil fields to building wealth through real estate. How did Casey make the leap from a corporate job to owning fitness studios and launching Bighorn Capital Fund? You’ll learn why he chose Wyoming as his market, how his engineering background gives him an edge, and how passive investing can help you reach financial freedom. Curious how you can get started too? Tune in and find out! In this episode, we’re discussing… From Petroleum Engineer to Real Estate Mogul: Casey recounts his fascinating career shift from working on oil rigs for Shell Oil Company to building a thriving real estate investment business. The "Why" Behind the Move: Discover the pivotal moment that inspired Casey to prioritize family and pursue financial freedom through real estate, even while maintaining a successful career in oil and gas. An Engineer's Edge in Real Estate: Learn how Casey's background in engineering, with its emphasis on mathematics, underwriting, and process-oriented thinking (SOPs), has been a significant asset in his real estate ventures. Why Wyoming? Casey reveals the strategic advantages of investing in the Wyoming real estate market, including lower competition and a unique market dynamic that offers consistent stability and cash flow. Untapped Potential in the Cowboy State: Explore the specific types of real estate opportunities Casey is pursuing in Wyoming, from single-family homes to value-add multifamily properties, and how he leverages local insights with modern investment strategies. Bighorn Capital Fund: Get an inside look at Casey's Bighorn Capital Fund, designed for accredited investors seeking passive income and wealth building through strategic real estate investments, offering both debt and equity opportunities. Helping Others Achieve Financial Freedom: Casey shares his passion for empowering other professionals, particularly those in demanding W-2 jobs, to achieve their passive income goals by partnering with his fund. Resources from Casey | | Resources from Mike and Nichole | /episode/index/show/therichergeek/id/37051600

Beyond the W-2: How to Achieve Real Estate Lifestyle Freedom 06/04/2025

Beyond the W-2: How to Achieve Real Estate Lifestyle Freedom Welcome to another episode of The Richer Geek Podcast! It's June already, can you believe we're almost halfway through the year? If you're feeling that mid-year slump, perhaps even dreaming of building a life you don't need a vacation from, then get ready to be inspired and gain ideas from this conversation. We're joined by Jeremy Beland, a real estate investor and co-founder of REI Freedom. At 40, Jeremy boldly sold his townhouse, downsized, and used the equity to begin his wholesaling journey, ultimately achieving 450+ off-market acquisitions and $10 million in gross profits. Now, managing multi-million dollar businesses (NH Home Buyers, Coastal Florida Home Buyers) and running the REI Freedom Coaching Program, Jeremy is passionately dedicated to helping others achieve financial freedom. Tune in to learn how Jeremy built multi-million dollar businesses and helps others escape the W-2 grind. In this episode, we're discussing... From Rock Bottom to Riches: Hear Jeremy's raw and inspiring story of rebuilding from financial ruin after the 2009-2010 recession, driven by an intense motivation to escape poverty forever. The Audacious Start: Learn exactly how Jeremy leveraged just $17,000 in home equity at age 40 to kickstart his real estate journey, quickly turning it into significant profits and building foundational success. Action Over Perfection: Understand why taking massive and imperfect action is the fastest path to achieving your real estate goals, even when you don't have all the answers. Mentorship is Your Midas Touch: Discover why Jeremy, despite his immense success, continually invests hundreds of thousands of dollars in expert coaches and mentors. This insight is key to his 450+ off-market transactions and $10 million in gross profits. Designing a Life of Freedom: Explore the core philosophy behind building a real estate business that grants you time freedom and the ability to work from anywhere in the world, breaking free from the traditional W-2 handcuffs. REI Freedom: Your Coaching for Lifestyle Investing: Get an inside look at Jeremy's specialized coaching program, designed to teach you sales acquisition strategies and convert leads into profitable deals, all while focusing on a balanced, free lifestyle. Navigating the Nuances of Off-Market Deals: Gain practical insights into the complexities of working with distressed sellers and properties, emphasizing problem-solving and providing true value beyond just the transaction. Leveraging Private Lending for Accelerated Growth: Learn how high-net-worth individuals can partner with experienced real estate investors like Jeremy for strong, consistent returns on their capital, offering a dynamic alternative to traditional investments. Resources from Jeremy | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/36844655

Rethinking Wealth When Kids Aren’t in the Plan 05/28/2025

Rethinking Wealth When Kids Aren’t in the Plan Welcome back to The Richer Geek Podcast! Today, we’re switching things up with a powerful conversation on redefining wealth and lifestyle. Our guest is Bri Conn, Chief Experience Officer at Childfree Wealth®, a life and financial planning firm dedicated to helping childfree and permanently childless people design a life they love. Bri shares her journey into this unique space, the principles behind their approach, and how the FILE (Financial Independence, Live Early) philosophy encourages living fully, now, not just in retirement. It’s time to rethink what financial freedom really means. In this episode, we’re discussing… Why Child-Free Financial Planning Is Different: Traditional money strategies often don’t reflect the goals of those without children, like the desire for experiences over inheritance. Start With Life, Then Build the Finances Around It: Discover how leading with your ideal lifestyle can shape a more purpose-driven financial plan. Understanding the FILE Philosophy: Financial Independence, Live Early promotes reducing work-related stress now to make room for joy and freedom long before retirement age. You May Need Less Than You Think: Learn why many child-free individuals overestimate retirement needs based on outdated assumptions. Early Planning = More Freedom: The earlier you start, the sooner you can travel, give, create, or pursue passion projects without financial stress. Spending & Giving With Intention: Bri offers a practical strategy, matching your fun spending with charitable giving to overcome guilt and create impact. Being a Supportive Ally: Understand how to support child-free individuals without making assumptions about their lives or finances. Tools & Resources for Child-Free Living: From financial checkups to lifestyle design coaching, explore what’s available to help you build a life you love. Resources from Bri | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/36743330

From Duplexes to Millions: Building a Multifamily Empire 05/21/2025

From NFL Field to Finance Titan: The Unconventional Playbook for Building Wealth & Legacy 05/14/2025

From NFL Field to Finance Titan: The Unconventional Playbook for Building Wealth & Legacy Ever wondered how a Super Bowl champion pivots from the gridiron to the world of finance and venture capital? Join us as we dive deep with former New Orleans Saints superstar Marques Colston, co-founder of Champion Venture Capital. Discover the secrets behind his unlikely transition, the mistakes athletes and everyday individuals make in wealth management, and his how-to guide for building a lasting legacy. Marques shares his unique perspective on identifying game-changing opportunities in sports tech, real estate, and beyond, and reveals how CVP is democratizing access to this traditionally exclusive asset class for everyone. Don't miss this inspiring episode packed with insights on strategic diversification and the future of fan engagement—you can't afford to stay on the sidelines! In this episode, we’re discussing… Early Financial Literacy is Crucial: Even during a successful athletic career, planning for the future and seeking sound financial advice is paramount for a smooth transition. Transferable Skills Drive New Ventures: The discipline, work ethic, and ability to connect with people honed in professional sports can be powerful assets in the business world. Strategic Investing Bridges Passions and Profits: Aligning investment strategies with personal interests, like sports, can create a deeper understanding and connection to opportunities. Democratizing Access to Exclusive Markets: Champion Venture Capital aims to break down barriers, allowing both accredited and non-accredited investors to participate in the lucrative sports investment ecosystem. Value-Driven Partnerships are Key to Success: Beyond capital, a strong team with operational expertise and genuine engagement with portfolio companies drives significant growth. The Future of Fan Engagement is Immersive: Expect groundbreaking technologies like VR/AR and enhanced data analytics to revolutionize how fans experience sports. Resources from Marques Colston | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/36558365

Strengths Over Struggle: How Coaching Unlocks Your True Leadership Potential 05/07/2025

Invest in the Future: Pre-IPO Access & the AI Boom 04/30/2025

Invest in the Future: Pre-IPO Access & the AI Boom Think pre-IPO investments are just for billionaires? Think again. Welcome back to another episode of The Richer Geek Podcast! Today’s guest is Mike Ivancie, CMO at UpMarket, an alternative investment platform that’s opening the door for accredited investors to access private market opportunities once reserved for the ultra-wealthy. Since 2019, UpMarket has helped individuals invest over $150 million into assets like pre-IPO shares in SpaceX, Neuralink, Stripe, and OpenAI, as well as hedge funds, private equity, and real estate. Mike’s mission is to break down barriers and grow the platform to over $1 billion in transactions. Before joining UpMarket, he led growth at CNote, an impact investment platform, where he helped raise over $100 million for underserved communities In this episode, we’re discussing… Democratizing Alternative Investments: Upmarket provides accredited investors access to private market opportunities, including pre-IPO companies, private equity, and private debt. Accessing Pre-IPO Giants: Learn how you can potentially invest in high-growth companies like OpenAI, SpaceX, and Anthropic before they go public. Understanding the Investment Process: Mike explains the mechanics of investing through UpMarket, from minimum investment amounts to the process of potential liquidity events like IPOs. Weighing the Pros and Cons: Gain insights into the potential benefits (high growth potential) and risks (illiquidity, higher fees) associated with pre-IPO and alternative investments. The AI Investment Landscape: Explore the current skepticism and future potential of AI investments, including the significant energy demands and potential industry shifts. Impact Investing Explained: Understand the definition and real-world utility of impact investing, considering the trade-offs between financial returns and social good. The Intertwined Future of AI and Energy: Discover the staggering projected energy consumption of AI data centers and the potential role of nuclear energy in meeting these demands. Getting Started with UpMarket: Learn how to explore investment opportunities and educational resources on the UpMarket website () and connect with Mike Ivancie directly. Resources from Mike Ivancie | | Resources from Mike and Nichole | | /episode/index/show/therichergeek/id/36370240

Avoid Year-End Surprises: Weekly Accounting for Financial Clarity 04/23/2025

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