Podcast Episodes

184: Should You Pay Off Your Mortgage?

A simple question can have so much complexity around it. Here’s one I get all the time: “Should I pay off my house?”.

Conventional wisdom says this is a no brainer. Look at all the financial gurus ou…

Published on 6 years, 1 month ago

Bonus Episode: Cost Segregation and Bonus Depreciation!

With the end up the year coming up, my mind is focused on what I can do to mitigate my tax burden. 

We’ve done multiple investor club webinars on different strategies already this year within investo…

Published on 6 years, 1 month ago

183: Investing in Collectible Cars!

By now, you know my paradox. The more I invest in real estate, the less I pay in taxes because of my real estate professional designation.

It could be worse. I could not have the designation and not …

Published on 6 years, 1 month ago

182: Charitable Giving for Profit and Gain!

If you read the title of this email and felt a little weird about it, I think that’s pretty normal. It was intended to get a reaction out of everyone. For those who believe in giving for the purpose …

Published on 6 years, 2 months ago

181: Changing Your Wealth Mindset with David Phelps

Where are you today? Where do you want to be? Based on what you are doing right now, is there any chance that you are going to get there? Those are questions that I ask myself frequently—especially w…

Published on 6 years, 2 months ago

180: Is Venture Capital Right for You?

I’m a doctor, but Wealth Formula is not a doctor podcast. Sure, probably 30-40 percent of my Accredited Investor Club is made up of physicians and dentists, but that just happens to be the byproduct …

Published on 6 years, 2 months ago

179: Buy, Borrow and Die: Bitcoin Style

I am in a financial position that may seem somewhat unusual to you. You see, the IRS rewards me for my real estate investments by taxing me less. If, on the other hand, I keep my income in the bank, …

Published on 6 years, 2 months ago

178: Fixed Income for Dummies!

Have you heard of the 4 percent rule? I’m guessing you have as it seems to be some magical number espoused by traditional financial advisors and bloggers alike.

The idea is that you should safely be …

Published on 6 years, 3 months ago

177: Agricultural Investing in Paraguay?

I am a simple guy. When I bowl, I throw the ball right down the middle of the lane. I couldn’t put any spin on it if I tried. My thinking is equally simple. In order for me to understand things, I ha…

Published on 6 years, 3 months ago

176: Should You Invest in Multifamily Real Estate NOW?

There is clearly fear in the heart of investors in the equity markets and real estate alike as talk of trade wars and recessions abound.

Meanwhile, I’m investing more in multifamily real estate this …

Published on 6 years, 3 months ago