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David L. Clark

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Burn Your Boats WealthBurn Your Boats WealthEpisode 82: Infinite banking, infinite doors. The investing engine you've never heard of with Kyle SantosWant to know how life insurance builds wealth? On this episode of the Burn Your Boats Wealth podcast, Clark Lunt and David Shaw speak with top life insurance advisor Kyle Santos about its unexpected uses. Learn about infinite banking, the advantages of cash value in life insurance, and the significant tax benefits of life insurance policies. Demystify this financial tool and see how it can function as a personal bank alternative and a strategic investment strategy.Website: https://www.futurefinancial.us/TakeawaysLife insurance can be a powerful tool f...2025-05-051h 03Burn Your Boats WealthBurn Your Boats WealthEpisode 81: How to Thrive in Uncertainty: Hard Truths to Lean on in a Disrupted Economy with David ShawDon't let economic uncertainty sink your investments!  In a crucial episode of the Burn Your Boats Wealth podcast, investment expert David Shaw tackles the critical topic of navigating uncertainty in today's disruptive economic landscape. He explores the profound impact of Artificial Intelligence across various sectors, including its efficiency-driving force in real estate, and draws valuable lessons from historical economic shocks. David underscores the significance of a proactive investment approach during downturns to capitalize on future opportunities. Key insights covered: Aligning investments with personal goalsAI's transformative influence on industriesIdentifying opportunities withi...2025-05-0138 minBurn Your Boats WealthBurn Your Boats WealthEpisode 80: How to Spot Top Performers From Money PitsIn this insightful episode of the Burn Your Boats podcast, hosts David and Clark delve deep into the world of real estate investing. Answering a listener question, they dissect the nuances of both successful and unsuccessful property investments in their own portfolios.Drawing from their extensive personal experiences, David and Clark underscore the critical role of location in real estate, explore the dynamic impact of gentrification on property values, and share invaluable lessons learned from both profitable and challenging real estate deals.Tune in to discover actionable strategies for future real estate investments...2025-04-281h 10Burn Your Boats WealthBurn Your Boats WealthEpisode 79: BRRRR is Broken? Why Turnkey Might Be Today’s Smarter PlayUnlock Real Estate Investing Success: Why the BRRRR Method Might Be Risky for BeginnersIn this insightful episode, real estate expert Clark Lunt dives deep into the popular BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) of real estate investment. While the BRRRR strategy can seem attractive, Clark cautions new real estate investors about its potential pitfalls. He argues that chasing the BRRRR approach often leads to acquiring lower-quality properties in less desirable neighborhoods, increasing risk and complexity.Instead, Clark champions a more traditional real estate investment strategy: purchasing well-maintained properties using a conventional...2025-04-1719 minThe Late Bloomer ActorThe Late Bloomer ActorThe Joy Of Acting with Emily JoyText The Late Bloomer Actor a Question or Comment.In this episode, Emily Joy, a working actor and coach, discussing her recent roles, the business side of acting, and the importance of perseverance and consistency in an acting career. The discussion explores the significance of self-taping, networking, personal branding, and the mindset required for success in the industry. Emily shares insights on the agent-client relationship and offers practical advice for aspiring actors to navigate their careers effectively.TakeawaysEmily emphasizes the importance of perseverance in an acting career.Actors should find...2025-04-1550 minBurn Your Boats WealthBurn Your Boats WealthEpisode 78: Creating Wealth, Not Chasing it. A Billionaire’s Guide to Authentic Success with Damion LupoGet ready to ignite your entrepreneurial spirit in this episode of the Burn Your Boats Wealth podcast! Join hosts Clark Lunt and David Shaw, as they dive deep into the inspiring journey of the one and only Damion Lupo, a true titan of industry and bestselling author!Prepare to be captivated as Damion unveils his incredible transformation from college struggles to the stratosphere of building a billion-dollar business! This isn't just a story of success; it's a masterclass in turning setbacks into stepping stones. Discover the invaluable power of learning from failures and unlock the secrets...2025-04-141h 09Burn Your Boats WealthBurn Your Boats WealthEpisode 77: The Cost of Panic: Staying the Course in Turbulent Times with David ShawReady to conquer market chaos?  Don't miss this powerful Burn Your Boats Wealth Podcast episode where host David Shaw unravels the mysteries of the stock market today and the real estate landscape. Discover the crucial role of emotional resilience in investing and learn from history's biggest market corrections and subsequent booms. David reveals why avoiding panic selling is paramount and empowers you to build a robust long-term investment portfolio. Unlock strategies for being opportunistic in down markets and staying true to your investment strategy. Get ready for mind-blowing takeaways from discussions with billionaire investors – the key to...2025-04-1017 minBurn Your Boats WealthBurn Your Boats WealthEpisode 75: Interest Rates Don’t Matter? How Alternative Investments are Leading the Charge with Patrick Grimes.Are you ready to burn your boats and embark on a journey to true financial independence? In the latest episode of the Burn Your Boats Wealth podcast, hosts Clark Lunt and David Shaw sit down with the visionary Patrick Grimes, founder and CEO of Passive Investing Mastery, to dissect the current economic climate and reveal actionable strategies for building a resilient investment portfolio.From Engineering Excellence to Real Estate Empire: Patrick Grimes' Inspiring StoryPatrick Grimes' transition from a lucrative engineering career to a powerhouse in real estate investing is a testament to the power...2025-03-311h 08Burn Your Boats WealthBurn Your Boats WealthEpisode 74: 3 Questions that Separate Top Sales Reps from the Rest with Clark LuntWhat are the 3 Questions that the Top Sales Reps always ask? In this episode, Clark passionately discusses effective sales strategies, highlighting the importance of discerning client readiness before initiating a sales pitch, establishing clear agendas for sales calls, and the significant role of permission-based questioning.He meticulously details the need for salespeople to intuitively gauge the client's psychological state and preparedness to actively participate in sales interactions, as well as the crucial importance of outlining a comprehensive agenda and respecting clients' boundaries by providing them with the space to comfortably decline.The episode...2025-03-2715 minBurn Your Boats WealthBurn Your Boats WealthEpisode 73: 50 Million Dollar Man - Mike Hambright - Real Estate Legend and Builder of Businesses.Ignite your journey to financial freedom with this episode of the Burn Your Boats Wealth podcast! Hosts Clark Lunt and David Shaw welcome Mike Hambright, a seasoned real estate entrepreneur, to reveal the strategies behind his remarkable success. If you're looking for actionable real estate investing advice, this is a must-listen.Mike's story is more than just inspiration; it's a blueprint. He shares the raw, unfiltered truth about his transition from corporate life to real estate mogul, detailing the challenges and invaluable lessons learned along the way. Gain insights into:Real Estate Investing Strategies: Learn...2025-03-241h 06Burn Your Boats WealthBurn Your Boats WealthEpisode 72: 100 Entrepreneurs Walk into a Room.. 3 Blaringly Obvious Lessons Walked Out with Clark LuntAsk yourself Who not How. In this episode of the Burn Your Boats Wealth podcast, Clark Lunt shares valuable insights gleaned from a recent mastermind trip to the Dominican Republic. He discusses the critical importance of understanding one's role as either a visionary or integrator within a business framework, highlighting how this clarity can drive strategic growth.Further, the episode emphasizes the significance of cultivating a robust professional network, underscoring the benefits of connecting with individuals who can contribute to and accelerate business objectives.Clark also stresses the necessity of rapid implementation, advocating...2025-03-2014 minBurn Your Boats WealthBurn Your Boats WealthEpisode 71: The Global Economy is Changing: Nationalism, Defense, and the Future of Global Investment.How does understanding the Global Economy directly affect an American Investor's portfolio? In this insightful episode of Burn Your Boats Wealth, hosts Clark Lunt and David Shaw dive deep into the geopolitical shifts between the US and EU, exploring the profound impact of global events on your investments. They dissect the correlation between military spending, interest rate changes, and defense sector stocks, revealing how these economic transformations create unique investment opportunities. Learn how to navigate market volatility, understand the EU's military buildup, and make informed decisions about your financial future. ...2025-03-1744 minThe Late Bloomer ActorThe Late Bloomer ActorYou Are Meant To Be An Actor with Brian PataccaText The Late Bloomer Actor a Question or Comment.Brian Patacca returns from last year's final episode and  shares his insights on the duality of acting as both an art and a business. He emphasizes the importance of maintaining artistic integrity while navigating the complexities of representation and the industry. Brian discusses his transformative coaching approach, which helps actors overcome limiting beliefs and build meaningful relationships with agents and managers. The conversation also touches on resilience in the face of rejection, the significance of continuous engagement with the industry, and practical advice for aspiring actors looking to t...2025-03-1549 minBurn Your Boats WealthBurn Your Boats WealthEpisode 70: Risky Business? Debunking Private Lending Myths with David ShawIs private lending riskier than traditional real estate investment? Discover the truth about private money lending and hard money loans with expert David Shaw. In this episode, learn the insider secrets of alternative real estate investing from a seasoned professional. David shares his hard-earned wisdom, gleaned from years of experience as both a private lender and borrower. He clarifies the mechanics of private lending agreements, demystifies legal complexities surrounding promissory notes and mortgage documents, and provides a candid look at loan default management. David makes a compelling case for private lending as a potentially safer and more lucrative alternative...2025-03-1331 minBurn Your Boats WealthBurn Your Boats WealthEpisode 69 | Blockchain to Billionaire - The Wild Ride with Billy WomackHow would you like to make $1 Million dollars a day? Prepare for an explosive episode of the Burn Your Boats Wealth podcast! David and Clark dive into the cutting-edge world of blockchain technology with the dynamic Billy Womack, a leading blockchain expert and entrepreneur. If you're looking to understand decentralized finance (DeFi) and explore wealth creation in the digital age, this is your episode.Billy's story is a whirlwind, from a promising basketball career to dominating the cryptocurrency space. He demystifies complex concepts like blockchain nodes, explaining their critical role in the future of finance and...2025-03-101h 10Burn Your Boats WealthBurn Your Boats WealthEpisode 68: 10 Brutal Truths I Learned in 10 Years of Being My Own Boss with Clark LuntFrom startup trenches to strategic summits: Clark Lunt reveals the decade's worth of lessons and brutal truths of being your own boss. Join us for a compelling conversation with Clark Lunt, who offers a decade's worth of hard-earned wisdom on the entrepreneurial journey. In this episode, Clark delves into the critical realities of building a sustainable business, moving beyond the surface to explore the true foundations of success. You'll gain valuable perspectives on navigating financial landscapes, understanding the transformative power of strategic partnerships, and mastering the nuances of effective leadership.Clark's insights, grounded i...2025-03-0615 minBurn Your Boats WealthBurn Your Boats WealthEpisode 67: 10 Shocking Mistakes Costing You 100x Success (Avoid These!)Get ready to be inspired! In this powerful Burn Your Boats episode, David and Clark bravely share the turning points in their journeys, revealing the critical decisions that shaped their lives. They're not just reflecting; they're providing a roadmap for your success.Discover the transformative power of creating a personal vision, and understand the real cost of staying stuck in a job that doesn't ignite your passion. They'll show you how to build a network of high-caliber individuals who will propel you forward. Dive into the world of smart investing with their insights on ETFs, and learn...2025-03-0347 minBurn Your Boats WealthBurn Your Boats WealthEpisode 63: From $50K Salary and $12K Crack Houses to a $100M Portfolio w/ Jon Parker.Ever feel like you're one punch away from being knocked out? That's the reality for entrepreneurs and real estate investors. On this episode of Burn Your Boats, Clark Lunt and David Shaw sit down with Jon Parker, a guy who knows a thing or two about taking punches and coming out on top. Jon's story is incredible: he went from a $50,000 salary as a minor league hockey player to an eight-figure net worth by just 33 years old. And he's seen the world – 60 countries and counting! This isn't just another rags-to-riches story. Jon gets real about the highs and lows, th...2025-02-171h 20The Late Bloomer ActorThe Late Bloomer ActorFrom Headshots To Hollywood with Kym JacksonText The Late Bloomer Actor a Question or Comment.Continuing on with this year's them of 'The Business Side Of Acting', we chat with  Kym Jackson who shares her journey as an actor, emphasizing the importance of perseverance, mindset, and community in the acting industry. She discusses the business side of acting, the significance of networking, and the role of representation. Kym also provides insights into marketing oneself as an actor, the value of self-tapes and demo reels, and navigating the path to Hollywood. Her advice for aspiring actors includes finding a supportive community and maintaining physical h...2025-02-151h 15Burn Your Boats WealthBurn Your Boats WealthEpisode 62: Timely 10 - Foreclosure Goldmine: The Deals are Coming. Seize Your Opportunity NOWHave you ever dreamed of buying a home at a fraction of its market value? David Shaw reveals why NOW is the time to learn the secrets of judicial foreclosure auctions.Here's the scoop:The COVID effect: For years, foreclosures were stalled, but that's changing. A backlog of foreclosed homes is hitting the market, and many regular bidders have moved on. This means less competition and a golden opportunity for those in the know.Why foreclosures? You're bidding on the bank's lien, not the house itself. This means a potentially...2025-02-1426 minBurn Your Boats WealthBurn Your Boats WealthEpisode 61: The 2025 High-Interest Trap: How Smart Investors Are Thriving in Today’s MarketNavigating the Hairy Real Estate Market. This week on Burn Your Boats Wealth Podcast, David Shaw and Clark Lunt dive headfirst into the turbulent real estate market of early 2025. Forget the mixed signals – they're pulling back the kimono and sharing the raw, unfiltered truth about what's really happening. Recorded from a surprisingly chilly Florida, this episode offers a no-holds-barred conversation about the challenges and opportunities facing investors, flippers, builders, and commercial developers.Key Topics Covered:The Big Freeze: David and Clark discuss the impact of stubbornly high interest rates on all sectors of the real estate ma...2025-02-101h 02Burn Your Boats WealthBurn Your Boats WealthEpisode 60: Timely 10: From Potential to Profit: Taking Action in Real Estate Investing with David ShawAre you stuck in the "learning phase" of real estate investing? You've read the books, listened to the podcasts, and know all the terms, but you haven't taken the leap. In this powerful solo episode of the Burn Your Boats Wealth podcast, David Shaw delivers a crucial message: knowledge is just potential energy until you act. He shares his own journey from analyzing deals for others to becoming a principal, taking on risk, and scaling a fix-and-flip business from zero to hundreds of deals. David reveals how he overcame the fear of that first deal, the importance of building...2025-02-0718 minBurn Your Boats WealthBurn Your Boats WealthEpisode 59: Why 2025 "Subject to" Creative Deals will lead you to Financial Disaster with Clark LuntWant to master the art of creative real estate negotiation? On this episode of the Burn Your Boats Wealth podcast, Clark Lunt pulls back the curtain on the complexities and potential pitfalls of subject-to deals. He reveals how to avoid the costly mistake of overpaying, why a deep dive into rental property analysis is non-negotiable, and the essential guardrails every new investor MUST put in place to protect their hard-earned cash. Don't miss this episode – it's packed with actionable insights to help you conquer the real estate market.TakeawaysCreative deals can be risky fo...2025-02-0615 minBurn Your Boats WealthBurn Your Boats WealthEpisode 57: Timely 10 Investment Risk- Conservative, Informed, or Reckless? Investing Observations with David ShawWhat is riskier? Doing nothing or investing? This episode delves into the crucial distinctions between conservative and high-risk investment approaches, underscoring the paramount importance of financial literacy. Drawing from his personal journey of growing up in a financially uninformed environment, David Shaw shares how this experience profoundly influenced his investment strategies. David passionately advocates for prudent, long-term investment strategies, such as consistently investing small amounts into the S&P 500 over time (dollar-cost averaging) and building a portfolio of high-quality real estate. He cautions against the detrimental consequences of delaying investment decisions, emphasizing the potential for significant missed opportunities.2025-01-2915 minBurn Your Boats WealthBurn Your Boats WealthEpisode 56: Overseas Investing with a $300 Million Operator and International Visionary, Matt Lavin.Want to diversify your portfolio beyond US borders? In this Burn Your Boats Wealth episode, Clark Lunt and David Shaw interview Matt Lavin, a leading authority on international real estate. Discover the complexities and rewards of global investing, including strategies to navigate currency risks, identify market trends, and overcome the psychological barriers that often deter US investors. Matt emphasizes the significance of trust, risk management, and crafting an investment plan that considers financing, exit strategies, and the lifestyle benefits that can accompany international property ownership.Matt Lavin - www.benoitproperties.comTakeaways2025-01-271h 12Burn Your Boats WealthBurn Your Boats WealthEpisode 55: How I Spend Summers Traveling Internationally for Free with David ShawDream of months of free travel? David Shaw, on the Burn Your Boats Wealth podcast, reveals how to plan a budget-friendly summer getaway. He shares his personal success with Airbnb and home exchanges, enabling him to explore the world with his family at no cost. Discover the benefits of slow travel, particularly for families, and get inspired to plan your own unforgettable summer adventure.TakeawaysTraveling internationally for free is possible with the right strategies.Airbnb can be a great way to fund your travels.Home exchanges can reduce hassle...2025-01-2415 minBurn Your Boats WealthBurn Your Boats WealthEpisode 54: Timely 10ish: The #1 Investment for 2025 with Clark LuntWhat is the #1 Investment you should make in 2025? In this Timely 10 ish episode of the Burn Your Boats Wealth podcast, Clark Lunt emphasizes the importance of investing in oneself as the key to achieving success in 2025. He discusses the necessity of accountability and how paying for masterminds can provide the right environment for personal and professional growth. The conversation highlights the value of surrounding oneself with high-level individuals and the need to step out of comfort zones to foster growth and change.TakeawaysThe most important investment is in yourself.Accountability is...2025-01-2312 minBurn Your Boats WealthBurn Your Boats WealthEpisode 53: Deep Dive into Wealth Building with Distinguished Pioneer Investor Rich FettkeEntrepreneur, Author, Business Owner, Life Coach, Investor and X Games Bungee Jumper - Clark and David sit down with Special Guest Rich Fettke, a renowned real estate entrepreneur, as he takes the listener beyond real estate.  He discusses his successful business partnership with his wife Kathy, emphasizing the importance of shared vision and open communication. He delves into the lessons of scaling their business, including team building and cultivating a positive company culture. Rich also shares his journey of resilience in the face of the recent and ongoing wildfires. He reflects on his adventurous past and his aspirations for t...2025-01-201h 10The Hacker\'s CacheThe Hacker's Cache#30 Uncovering a $200M Fraud Ring with David TaxerDavid Taxer, a cybersecurity expert with over 12 years of experience, shares the incredible story of uncovering a $200 million fraud ring disguised under a major corporation. Learn how his unique background in SEO and intelligence helped him expose insider threats and fraudulent schemes, as well as the challenges he faced as a whistleblower. This episode dives deep into protecting yourself from identity theft, understanding corporate vulnerabilities, and adopting the hacker mindset to uncover hidden truths.Connect with David Taxer on LinkedIn: https://www.linkedin.com/in/davidtaxer/ and at Texas Cyber Solutions: https://www.texascybersolutions.com/2025-01-1543 minThe Late Bloomer ActorThe Late Bloomer ActorWeAudition with Darren Darnborough - Acting Community and AuditioningText The Late Bloomer Actor a Question or Comment.In this engaging conversation, David John Clark and Darren Darnborough explore the transformative role of the online audition platform WeAudition in the acting community. They discuss the importance of fostering a supportive network for actors, the evolution of self-taping in the post-COVID landscape, and how the platform empowers actors to connect and collaborate. The discussion highlights the unique opportunity for actors to earn while learning, emphasizing the value of community and shared experiences in navigating the challenges of the industry.TakeawaysWeAudition...2025-01-1554 minBurn Your Boats WealthBurn Your Boats WealthEpisode 51: Timely 10: California Wild Fires, What's Next?In this special Timely 10 episode, David Shaw and Clark Lunt discuss the devastating impact of wildfires in Southern California, drawing parallels to their experiences with hurricanes in Tampa Bay. They emphasize the need for empathy towards affected individuals, highlighting the financial struggles of those who may not be as affluent as perceived. The discussion covers the complexities of insurance claims, the emotional toll of losing homes, and the importance of acting quickly in the aftermath of such disasters. They also provide insights into available resources and support for those impacted, urging skilled individuals to assist in the rebuilding efforts.2025-01-1532 minBurn Your Boats WealthBurn Your Boats WealthEpisode 50: How to Know When Enough is EnoughWhen is Enough, Enough? In this episode of the Burn Your Boats Wealth Podcast, Clark Lunt and David Shaw unpack the profound idea of 'enough' within the realms of investing, retirement, and personal fulfillment. They dissect the delicate dance between ambitious pursuits and the genuine joy of living, examining the potential for investment addiction and the critical importance of sustainable income streams over simply amassing wealth. The discussion underscores the necessity of clearly defining individual goals and highlights the role of consistent cash flow in achieving true financial freedom. Ultimately, they inspire listeners to envision their ideal life and...2025-01-1346 minBurn Your Boats WealthBurn Your Boats WealthEpisode 49: Burn Your Boats Episode 49: David Greene's Cash Flow Stance: Brilliant or Bonkers?Clark and David dissect a recent social media post of a quote by David Greene, sparking a lively debate on the paramount importance of cash flow and scale in real estate investing. They challenge the conventional wisdom, arguing that while cash flow is crucial, it primarily serves as a defensive shield, safeguarding investments rather than being the sole driver of immediate financial freedom.The conversation delves into the virtue of delayed gratification, the strategic use of debt as a lever for growth, and the critical role of diligent property maintenance in fostering long-term wealth accumulation. Recognizing...2025-01-071h 04The Late Bloomer ActorThe Late Bloomer ActorOff Script: A New Year's Day Reflection on 2024Text The Late Bloomer Actor a Question or Comment.In this New Year's Day special episode of the Late Bloomer Actor podcast, David John Clark reflects on the key themes and insights from Season Three as he welcomes the new year, 2025. He emphasizes the importance of community, resilience, and actionable steps for personal growth in the acting profession. David shares memorable moments and lessons learned from various guests, encouraging listeners to embrace their unique paths and continue thriving in their craft.TakeawaysIt's never too late to step into...2025-01-0112 minBurn Your Boats WealthBurn Your Boats WealthEpisode 48: 2024 as an Entrepreneur - Market Challenges, Pivots, and New BeginningsReflecting on 2024 navigating challenges and building resilience. In this candid episode, Clark and David dive deep into their personal and professional journeys throughout the challenging year of 2024. We share our raw and honest reflections on:Overcoming setbacks: From navigating market volatility to facing unexpected challenges in partnerships, we discuss the lessons learned and how we persevered.The power of action: How taking calculated risks and stepping outside our comfort zones fueled our personal and professional growth.The importance of financial freedom: We explore the significance of building a strong financial foundation and the impact it has on our...2024-12-301h 00Burn Your Boats WealthBurn Your Boats WealthEpisode 47: Building a Real Estate Empire One Air BNB Theme at a TimeTired of the 9-to-5 grind? Want to build wealth through real estate? Every stayed at a Pirate themed Airbnb?Join hosts Clark and David as they sit down with Shayne McKinney, a tech entrepreneur turned successful real estate investor through a unique approach to Airbnb themes. Shayne shares his journey, leaving the comforts of his career to revealing how he built a thriving portfolio while prioritizing tenant happiness and community impact.Discover:Shayne's unconventional approach to landlording: Learn how he creates unique and memorable experiences for his tenants.The secrets to successful real estate...2024-12-231h 06Burn Your Boats WealthBurn Your Boats WealthEpisode 46: Let's Discuss How To Exit Real Estate, Business, and W2How do you get out of an investment you no longer want? What steps can you take to leave your W2 job and create a more passive income stream? In this insightful episode, Clark and David shed light on the crucial yet often overlooked aspect of exit strategies in both real estate and business. They emphasize the importance of a well-defined exit plan, regardless of whether you're a seasoned real estate investor or a budding entrepreneur.The conversation delves into various exit strategies, including traditional methods like selling properties and innovative approaches such as...2024-12-1658 minBurn Your Boats WealthBurn Your Boats WealthEpisode 44: Optimism: The Secret Sauce for Business Success!Unlock the Power of Optimism: Your Key to Business and Investment Success! In this episode, Clark and David delve into the transformative power of optimism. Discover how a positive mindset can revolutionize your approach to business and investing. Learn how to:Capitalize on Opportunities: Uncover hidden gems and seize lucrative deals by adopting a contrarian perspective, especially in bearish markets.Attract Winning Partnerships: Learn how a positive outlook can magnetically draw successful collaborators and investors.Cultivate a Growth Mindset: Explore practical strategies to surround yourself with optimistic influences and foster...2024-12-0252 minBurn Your Boats WealthBurn Your Boats WealthEpisode 42: Kaleb Marti: From Wrenches to Wealth - The Unlikely Rise of a Multifamily EmpireJoin Clark and David, as Kaleb Marti shares his inspiring story of transformation from a humble W2 auto mechanic to a real estate powerhouse. From facing early career challenges to making bold decisions that set him on a path to financial freedom, Kaleb reveals the secrets behind building a $100 million real estate empire. Discover how focus, hard work, and a determined mindset can turn dreams into reality.This incredible story of transformation will leave you inspired.Join Kaleb on Facebook: https://www.facebook.com/kaleb.marti/aboutVisit his website: https...2024-11-191h 33Burn Your Boats WealthBurn Your Boats WealthEpisode 40: Real Estate Cost Segregation & Bonus Depreciation with Marcus Crigler, CEO of BEC AccountingIn this enlightening conversation, Burn Your Boats welcomes the esteemed Marcus Crigler, who masterfully unravels the complexities of bonus appreciation and its myriad benefits for real estate professionals. He underscores the necessity of grasping real estate professional status, delves into the mechanics of cost segregation, and elucidates the profound effects of recent tax law changes on depreciation strategies. This engaging discussion not only equips high earners with powerful investment strategies, including the remarkable advantages of 1031 exchanges, but also emphasizes the critical importance of investing in high-quality real estate. Furthermore, Clark, David, and Marcus shed light on t...2024-11-0435 minBurn Your Boats WealthBurn Your Boats WealthEpisode 39: Special Guest: Marcus Crigler- How To Use Retirement accounts to Invest in Real EstateIn this highly anticipated episode, join hosts Clark and David as they embark on a journey into the world of wealth-building strategies, featuring the expert insights of Marcus Crigler, CEO of BEC CFO & CPA. Together, they shine a spotlight on the critical importance of proactive tax planning, revealing how it can empower both novice and seasoned investors to make informed financial decisions. The conversation delves into the advantages of self-directed IRAs, making these powerful financial tools relatable and accessible for everyone. Listeners will also discover the essential role of financial literacy for entrepreneurs, positioning Burn Your B...2024-10-2837 minBurn Your Boats WealthBurn Your Boats WealthEpisode 38: Hurricane-Proof Your Portfolio: Beyond Real EstateIn this Post Hurricane Milton episode from Tampa Bay, Florida, Clark and David open up about the profound impact Hurricane Milton had on their lives, weaving their personal narratives into a broader discussion on the critical importance of diversification in real estate investments. They share invaluable strategies for constructing a robust and diverse portfolio, spotlighting tools like ETFs and hard money lending that can empower you on your financial journey. Their conversation serves as a rallying cry for adopting a balanced investment approach, urging listeners to resist the allure of fleeting trends while steadfastly maintaining their cor...2024-10-2135 minWater We Doing?Water We Doing?Deep Dive Interview: Sharks, Seas and Sustainability with Dr. Chris Harvey-ClarkSend us a textUnveiling Canada's Majestic Sharks: Insights from Marine Biologist Chris Harvey ClarkDive into an enthralling episode of the 'What Are We Doing?' podcast with host David Evans and marine biologist Dr. Chris Harvey Clark. Discover the diverse shark species inhabiting Canadian waters, including elusive Greenland and great white sharks. Explore intriguing topics such as the sharks' unusual diets, including moose and caribou, and cultural delicacies like 'Haukark' made from Greenland shark. Chris shares captivating anecdotes and insights from his extensive marine research, revealing the effects of climate change, noise pollution...2024-10-131h 17Burn Your Boats WealthBurn Your Boats WealthEpisode 37: Weathering Seismic Storms: Pivot and ProsperHurricane Helene and then Milton. In this controversial episode, Clark and David delve into the impending hurricane poised to strike Tampa, illuminating the far-reaching implications that natural disasters have on both communities and economies. They boldly explore the transformative concept of 'creative destruction,' revealing how these calamities can serve as catalysts for economic opportunity and innovation. Emphasizing the critical need for proactive disaster preparedness, they align with Burn Your Boats mission to empower individuals toward financial independence and strategic foresight. The conversation takes a poignant turn as they address the unique challenges faced by low-income c...2024-10-1155 minBurn Your Boats WealthBurn Your Boats WealthEpisode 36: Hurricane Helene- Before, During, & After Observations From the GroundCommunity Resilience After the Storm. In this compelling episode, Clark and David delve deep into the profound aftermath of Hurricane Helene, shedding light on the remarkable resilience exhibited by Florida's communities. They underscore the critical importance of strategic planning and foresight, inspiring listeners to navigate challenges with confidence and empowerment, in alignment with Burn Your Boats' mission. The discussion also highlights invaluable lessons learned from the housing market's response to the storm, urging investors to engage proactively and make informed decisions that can significantly alter their financial trajectories in the wake of natural disasters. Furthermore, the imp...2024-10-071h 15Burn Your Boats WealthBurn Your Boats WealthEpisode 35: Portfolio Reboot - Using the 1031 Exchange to Revitalize Your PortfolioHow can your current real estate profile bring you more Joy? Clark and David delve into the dynamic and ever-evolving landscape of real estate investing, shedding light on how this transformation can profoundly influence your financial aspirations. They passionately advocate for the critical need to reassess your investment strategies, particularly as your life goals evolve, urging you to seize the opportunity to pivot towards greater financial independence and fulfillment. Through the lens of the transformative 1031 exchange, they unveil a strategic pathway for consolidating properties and shifting your focus from mere quantity to the quality of your r...2024-09-3059 minBurn Your Boats WealthBurn Your Boats WealthEpisode 34: Blunders to Breakthroughs: Traits That Transformed Our JourneyWhat characteristics and qualities will shape your success? Clark and David's journey is a testament to the transformative power of humility and hard work, much like a sculptor chiseling away at a block of marble to reveal a masterpiece hidden within. As they reflect on their successes, they don’t shy away from discussing the missteps that shaped them, creating a vivid tapestry of triumphs and trials. Their stories underscore the value of being thrifty and investing early, all while maintaining a sense of urgency that propels one forward. But perhaps the most crucial lesson is the...2024-09-231h 01Burn Your Boats WealthBurn Your Boats WealthEpisode 33: From Chaos to Control: The Role of an Asset ManagerFinancial oversight in real estate: Your questions answered. In a heartfelt exchange, David and Clark delve into the intricate world of real estate portfolio management, revealing the emotional weight that property owners often carry. They candidly share their own struggles, painting a vivid picture of the challenges that arise in the pursuit of optimizing asset performance. Their discussion underscores the pivotal role of proactive oversight by asset managers, whose expertise can transform overwhelming responsibilities into streamlined processes that empower property owners. By distinguishing between the duties of property managers and asset managers, they illuminate the necessity...2024-09-161h 08The Late Bloomer ActorThe Late Bloomer ActorThe Right TYPE of Actor: Training for SuccessText The Late Bloomer Actor a Question or Comment.S03E09 is with instructors and students from Type Talent in Adelaide, South Australia.In this episode of the Late Bloomer Actor podcast, host David John Clark engages with a diverse group of guests from Type Talent, an acting and performing arts school in Adelaide. The conversation explores the journeys of both instructors and graduates, emphasizing the importance of personal growth, community support, and the business side of acting. The guests share their experiences as new comers in the industry, highlighting the unique challenges and opportunities...2024-09-151h 06Burn Your Boats WealthBurn Your Boats WealthEpisode 32: A Formula That Will Change How you Grow Your Wealth.In this enlightening episode, Clark and David unravel the transformative power of the rule of 72, a simple yet profound formula that could redefine your financial future. Imagine the life-changing potential of a small investment; with just $10,000 set aside for an infant today, we’re talking about a staggering $2.56 million in 48 years! This is not just a number—it's a powerful reminder that every journey to financial independence begins with a single step, and understanding the rule of 72 can be your guiding light through the often murky waters of investment growth. They expertly break down this concept, illustrating how i...2024-09-091h 06Burn Your Boats WealthBurn Your Boats WealthEpisode 31: Special Guest: Brian Luebben: The Two-Year Transformation: Quitting My Job to Build a 7 figure Business by 30!Clark and David interview Brian Luebben, owner of The Action Academy, who shares his journey of leaving a high-paying corporate job to pursue entrepreneurship and financial freedom at only 28 years old. Brian Luebben's leap from the corporate ladder to the entrepreneurial summit is nothing short of awe-inspiring—he’s not just breaking the mold; he’s setting it ablaze! By shedding the shackles of a high-paying job, he discovered the true essence of empowerment and freedom that Burn Your Boats champions. Brian embodies the spirit of pushing boundaries and seizing opportunities, reminding us that the journey to joy is often pa...2024-09-021h 13Burn Your Boats WealthBurn Your Boats WealthEpisode 30: How I got Bigger Pockets with Kathy FettkeIn this captivating episode of the Burn Your Boats Wealth podcast, hosts David Shaw and Clark Lunt welcome the incredible Kathy Fettke, who takes us on a transformative journey through the power of resilience and the art of overcoming adversity on the path to success! Kathy opens up about her own personal trials and triumphs, sharing invaluable lessons learned from failure that can ignite your own financial ambitions. This conversation dives deep into the psychological barriers that often hold investors back and highlights the boldness required to embrace risk. Kathy's insights on the necessity of honesty and communication within t...2024-08-261h 19Burn Your Boats WealthBurn Your Boats WealthEpisode 29: Guest: Ariel Herrera: Mining for Gold in Real EstateClark & David welcome Ariel Herrera, a real estate investor and data scientist, who shares her journey into real estate and the importance of data in the industry. She emphasizes the three pillars of real estate: data gathering and analytics, field work, and contracts management. Ariel discusses how she collated economic and market data to analyze markets and find the best deals. She also highlights the value of using data to identify distressed properties and target motivated sellers. Ariel's approach brings a commercial real estate mindset to residential real estate investing, providing valuable insights and tools for investors. Ariel Herrera...2024-08-191h 26Burn Your Boats WealthBurn Your Boats WealthEpisode 28: OMG I F*cked Up! - Part BIn this episode, Clark and David discuss what to do when you find yourself in a real estate investment that is not going as planned. They emphasize the importance of staying calm, controlling your emotions, and not blaming others. They highlight that real estate can always be fixed, either with money or time. They advise taking your medicine quickly and not being greedy, as holding onto a bad deal can cost you more in the long run. They stress the importance of never losing faith and staying in the game, as every successful investor has made mistakes. They also...2024-08-121h 01Burn Your Boats WealthBurn Your Boats WealthEpisode 27: OMG I F*cked Up! - Part ASummaryIn the two-part series of the Burn Your Boats podcast, Clark and David candidly share their own screw-ups and F-ups in real estate investing. They stress the importance of learning from mistakes and provide actionable takeaways for listeners. In their conversation, they delve into common mistakes and screw-ups made by investors in real estate, such as overpaying for properties, cutting corners on renovations, not understanding comps, using cheap contractors, lacking multiple exit strategies, and not comprehending debt and financing terms. They also highlight the challenges faced by investors who purchased properties from new home construction builders...2024-08-0558 minBurn Your Boats WealthBurn Your Boats WealthEpisode 26: Effortless Cash MachineThis Podcast Episode discusses the concept of hard money lending as a way to generate income in real estate without the hassle of being a landlord or the risks of flipping properties. Clark and David emphasize the importance of building relationships and maintaining a good reputation as a borrower or lender. They highlight the benefits of being a lender, such as consistent monthly income and protection through collateral. They also mention the risks involved for both borrowers and lenders, but note that the default rate in the hard money lending industry is typically low. Clark and David suggest that...2024-07-291h 24Burn Your Boats WealthBurn Your Boats WealthEpisode 25: Focus vs FomoSummaryIn this episode, Clark Lunt and David Shaw discuss the importance of focus and avoiding the temptation to diversify too much. They emphasize the need to go deep in one area and become an expert before moving on to another. They caution against spreading oneself too thin and diluting resources and energy. They also discuss the different strategies of flipping, wholesaling, and buy and hold, and advise Scott, a listener, to focus on flipping and burring simultaneously rather than starting a property management company. They stress the importance of time blocking and being realistic about available...2024-07-221h 11Burn Your Boats WealthBurn Your Boats WealthEpisode 24: Buying back time: Is the American Dream worth the cost?In this episode, the conversation explores the differences in lifestyle and mindset between Americans and Europeans, specifically focusing on France. The discussion centers around the fundamental question of 'What do you want?' and the various costs involved in realizing those desires. Clark and David underscore the pivotal role of travel in broadening one's perspective and experiencing diverse cultures. A comparison is drawn between the American pursuit of wealth and success, with the French emphasis on a more leisurely lifestyle. They delve into the expenses linked to achieving personal goals, encompassing elements like delayed gratification, diligent...2024-07-151h 03A Love For the BibleA Love For the BibleA Love For the Bible. Series 9, Session 18In this session, Dave interviews his son David on his recent Bible reading. David emphasizes insights from the actions of the prophets Jonah and Elijah. David is using a chronological Bible.2024-06-2515 minThe Late Bloomer ActorThe Late Bloomer ActorOff Script: Back To BasicsText The Late Bloomer Actor a Question or Comment.In this inaugural and 'testing' live stream episode, David John Clark discusses the importance of returning to the basics in both bodybuilding and acting. He emphasizes the need for consistency, simplicity, discipline, embracing setbacks, and staying true to oneself. He shares his personal journey of getting back into competitive shape and how it relates to his acting career. David also invites listeners to provide ideas for future episodes focused on the business side of acting.TakeawaysConsistency is key in both w...2024-06-2416 minBurn Your Boats WealthBurn Your Boats WealthEpisode 21: Real Estate is Dead!In a thought-provoking discussion, Clark and David challenge the notion that real estate is a dying industry and instead shed light on the innovative ways in which real estate professionals are evolving and seizing fresh opportunities. They emphasize the importance of adapting to mitigate risks and uncover new revenue channels in the present economic landscape. This conversation underscores how real estate experts are actively exploring unconventional tactics to boost earnings and optimize their current holdings. Through a blend of imaginative thinking and strategic utilization of their assets, real estate professionals are not just...2024-06-171h 12Burn Your Boats WealthBurn Your Boats WealthEpisode 19: Playbook to Engaged Parenting: Early Investing Secures PresenceIn this episode, Clark and David discuss the challenges and considerations of parenting while also pursuing a successful career in real estate investing. They explore the concept of why some delay parenthood to focus on financial security and career growth. They also discuss the impact of having children at different stages of life, including the trade-offs between time and energy. The importance of prioritizing time with children and being present in their lives is emphasized. Real estate investing can provide financial freedom and flexibility for parents. Investing in real estate at a young age allows individuals...2024-06-031h 07Burn Your Boats WealthBurn Your Boats WealthTimely Ten: Rental Property Pitfalls: 4 Must-Avoid Mistakes!Are you ready to take your real estate investing game to the next level? In this enlightening Timely 10 discussion, Clark and David unveil the four crucial factors you must never compromise on when purchasing rental properties. They adamantly stress the pitfalls of opting for low-priced properties burdened with septic tanks and drainage complications. Furthermore, they warn against investing in properties located in densely populated multifamily zones, which often result in tenant woes and diminished property worth. The golden rule here is crystal clear - always choose quality over affordability and conduct a meticulous ev...2024-05-3117 minBurn Your Boats WealthBurn Your Boats WealthEpisode 18: How to Create Cash Flow in 8% ClimateClark and David discuss ways to continue growing and investing in a high-interest rate market. They stress the importance of thinking outside the box and finding new sources of revenue. They also address the mindset of waiting for interest rates to come down and explain why it may not be a viable strategy. The conversation highlights the defensive nature of cash flow and how it can eventually lead to life-altering wealth. They provide examples of strategies such as building ADUs, co-living, and renting out amenities like pools. David and Clark discuss various strategies to drive cash flow in real...2024-05-271h 01Burn Your Boats WealthBurn Your Boats WealthTimely Ten: Is Luxury Real Estate Less Risky?In this Timely 10 discussion, Clark and David delve into the buoyant state of the luxury housing market, shedding light on its resilience in the face of elevated interest rates and economic uncertainties. It underscores the notable uptick in luxury real estate transactions, contrasting with the challenges faced by other segments of the market. This phenomenon is largely attributed to affluent buyers being less susceptible to interest rate fluctuations and possessing the means to venture into high-end property investments. Furthermore, the conversation stresses the significance of grasping the dynamics of the luxury market for potential investors, despite...2024-05-2416 minBurn Your Boats WealthBurn Your Boats WealthEpisode 17: Burning Your Boats: From NFL to Real Estate with Devon KennardSummary:Clark and David welcome their first guest Devon Kennard, a former NFL football linebacker, an entrepreneur, philanthropist, and investor. This conversation explores the challenges and mindset of a professional athlete, particularly in relation to financial stability and for life after sports.Devon's message resonates deeply with the reality that change is inevitable and that preparation is key. His proactive approach towards financial security and his unwavering commitment to resilience stand out as guiding principles for athletes and individuals alike. He emphasizes the importance of realizing that your boats are always...2024-05-201h 19Burn Your Boats WealthBurn Your Boats WealthTimely 10: Airbnb Profit Playbook: 4 Winning MovesSummary:Are you considering running an Airbnb business? Then, you need to treat it as a business and not just a real estate investment. David Shaw and Clark Lunt discuss the key team members needed for success. They recommend starting with a reliable and thorough cleaning company, one that goes beyond basic cleaning and follows a detailed checklist. Additionally, they stress the importance of having a responsive and versatile handyman and a reliable landscaper. To streamline communication and operations, they recommend using additional software. By building systems and...2024-05-1720 minBurn Your Boats WealthBurn Your Boats WealthEpisode 16: Living A Regret-Free Life: Avoiding the Biggest Deathbed RegretsSummaryClark and David tackle the topic of taking risks and investing in oneself is crucial to avoid deathbed regrets. Whether you're an entrepreneur or an employee, owning and controlling your career path can lead to a fulfilling life. Time is our most valuable asset, and investing in real estate can provide the freedom to spend it as we desire. Don't let common misconceptions hold you back, such as the belief that you don't have enough time or money. Take calculated risks and invest in your future, because in the end, it's the things we...2024-05-1346 minBurn Your Boats WealthBurn Your Boats WealthEpisode 15: The Paycheck ParadoxIn a riveting discussion, David and Clark dissect the intricate dance between income and wealth, exposing the paradox of feeling financially strained despite a burgeoning net worth. They unravel the enigma of living on the edge paycheck to paycheck, even amidst substantial earnings. The duo confronts the complexities of possessing substantial assets but minimal liquid cash, shedding light on the vital role of astute investment strategies in ensuring both financial stability and prosperity. Amidst the dialogue, they shine a spotlight on the insidious nature of lifestyle inflation and stress the imperative need for personal financial boundaries. Furthermore...2024-05-061h 01Burn Your Boats WealthBurn Your Boats WealthTimely 10 - What Gifts are you Giving your Future SelfSummaryAs we move through life, we often get caught up in the demands of the present moment, neglecting to consider the impact our choices will have on our future selves. In this episode, Clark and David highlight the importance of taking a proactive approach to our future by making decisions today that will benefit us in the long run. They emphasize the need to prioritize our health, relationships, and finances, and to make uncomfortable decisions that may not provide immediate gratification, but will ultimately lead to a better future. Clark and David also stress the importance...2024-05-0325 minA Love For the BibleA Love For the BibleA Love For the Bible, Series 9, Session 10In this session, Dave interviews his son David on his Bible reading the last month. David particularly shares about trials experienced by the Bible character David and psalms that seem to relate to these trials.2024-04-3009 minBurn Your Boats WealthBurn Your Boats WealthEpisode 13 - From Hard Money to Hard Assets: A Guide to Real Estate Investment FundingSummaryWhere do you get the Money to Fund the Deals? In this conversation, Clark Lunt and David Shaw discuss the importance of money in real estate investing and how to raise capital. They emphasize the need for access to capital at every stage of real estate investing, from beginners to experienced fund managers. They highlight the unique access to capital in the United States and the importance of leveraging it to grow a real estate portfolio. They also discuss the challenges and strategies for funding the first three deals, scaling from three to ten deals, and...2024-04-221h 25Burn Your Boats WealthBurn Your Boats WealthTimely 10 - To Landlord or To Lend?SummaryIn this conversation, David and Clark discuss the concept of being a lender instead of a landlord in real estate. They highlight the challenges of being a landlord, such as dealing with maintenance and tenant issues, and the lack of immediate gratification. They introduce the idea of becoming a lender and investing in debt funds or hard money lending, which can provide consistent monthly income without the hassle of property management. They emphasize the importance of vetting borrowers and understanding the risks involved in lending. Overall, they suggest that becoming a lender can be a great...2024-04-1919 minBurn Your Boats WealthBurn Your Boats WealthBurn Your Boats Episode 12 - The Secret Weapon of Real Estate Moguls: Strategic PartnershipsSummaryIn this episode, David Shaw and Clark Lunt discuss the importance of partnerships in real estate. They emphasize the need for trust and integrity in a successful partnership, highlighting the significance of honesty and treating each other with respect. They also stress the importance of planning for success and having post-success agreements to align visions and goals. Additionally, they discuss the benefits of partnerships, such as leveraging different skill sets, camaraderie, and networking opportunities. The conversation concludes with a discussion on money and expenses in partnerships, emphasizing the need for open communication and setting clear expectations...2024-04-1550 minBurn Your Boats WealthBurn Your Boats WealthTimely 10 - Bingeworthy Reads & Pods: David & Clarks FavoritesSummaryIn this conversation, David and Clark discuss their favorite books and podcasts that have made a big impact on their lives. They emphasize the importance of continuous learning and self-education, especially during daily commutes or other idle times. Clark recommends books like 'Never Split the Difference' and 'How to Win Friends and Influence People' for personal and professional growth. He also mentions podcasts like 'Action Academy' and 'Nomad Capitalist' for business and investing insights. David shares his favorite podcasts in the real estate, business, and personal growth genres, including 'Onward', 'Acquisitions Anonymous', and 'The Note Investor...2024-04-1220 minBurn Your Boats WealthBurn Your Boats WealthBurn Your Boats Episode 11 - 23 Again: Hindsight is 20/20 to Wealth CreationSummaryIn this podcast episode, David and Clark discuss what they would do differently if they were 23 years old again. They emphasize the importance of focusing on scalable skills, such as marketing, branding, and sales. They also highlight the opportunity to buy existing businesses and leverage their skills to grow and sell them for a profit. Finally, they suggest investing the proceeds into income-generating assets like real estate or stocks to achieve financial freedom. The key takeaways from the conversation are: 1) Money doesn't solve all problems, so focus on valuable skills and take care of your health. 2...2024-04-081h 07Burn Your Boats WealthBurn Your Boats WealthTimely10 - He Said, She Said: Unmasking Media MadnessSummaryIn this conversation, David and Clark discuss the confusion in the media regarding the US housing market. They highlight two conflicting articles that were published on the same day, one predicting a long period of decline in housing prices and the other reporting a rise in home prices. They explain that the confusion arises from the fact that there is strong house price resiliency and positive sentiment among sellers, while the media tends to focus on fear-based narratives. They also discuss the factors that are keeping house prices from falling, such as artificially high prices set...2024-04-0622 minBurn Your Boats WealthBurn Your Boats WealthBurn Your Boats Episode 10 - Unlocking Real Estate Profits: Understanding and Riding the CyclesSummaryIn this episode, David and Clark discuss real estate cycles and how to navigate them. They explain the four stages of a real estate cycle: elevated negativity, neutral acceptance, confidence, and irrational exuberance. They emphasize the importance of understanding where you are in the cycle and making strategic decisions based on that. They provide advice for homeowners, flippers, and other types of investors, highlighting the risks and opportunities in each stage of the cycle. They also caution against making emotional or uninformed decisions and stress the importance of data and underwriting in real estate investing. In...2024-04-011h 28The Power Of Zero ShowThe Power Of Zero ShowClark Howard Says Fixed Indexed Annuities Stink! (My Response)David addresses Clark Howard’s viewpoint that seems to want to invite people to never consider a fixed index annuity.  Despite interacting with thousands of financial advisors who offer fixed index annuities every year, David has never heard one of them describe them the same way as Clark Howard. Since financial gurus have to get their points across in short three-minute segments, they don’t have the luxury of nuance, says David. David explains how fixed index annuities actually work, and why you can’t lose money in a fixed index annuity in its sim...2024-03-2709 minBurn Your Boats WealthBurn Your Boats WealthBurn Your Boats Episode 9 - SlumloardingSummaryIn this conversation, David and Clark discuss why many real estate investors end up becoming slumlords and how to avoid this scenario. They highlight the importance of starting with good intentions and understanding the long-term consequences of neglecting property maintenance and rental rates. They emphasize the need to prioritize high-quality neighborhoods and properties, as well as the importance of regular tenant turnover and property improvements. By following these strategies, investors can avoid the pitfalls of becoming slumlords and maximize their cash flow and equity. The principal themes of the conversation are: treating rental properties as a...2024-03-2558 minBurn Your Boats WealthBurn Your Boats WealthBurn Your Boats Episode 8 - How a Real Estate Portfolio can Replace a W2 IncomeSummaryIn this conversation, David and Clark discuss the concept of buying rentals to replace active income. They emphasize that the goal is not to replace the entire income immediately, but rather to cover expenses and create financial stability over time. They explain how a real estate portfolio can pay for expenses, eliminate or reduce taxes, and appreciate in value, ultimately providing a source of passive income. They highlight the importance of building a portfolio to protect against job loss, economic downturns, and other uncertainties. The conversation emphasizes the long-term benefits of investing in real estate...2024-03-181h 13Burn Your Boats WealthBurn Your Boats WealthBurn Your Boats Episode 7 - Is Now a Good Time to Buy Real EstateSummaryIn this episode, David and Clark discuss whether now is a good time to buy real estate. They explore different strategies such as wholesaling, fix and flip, buy and hold, and commercial small multifamily. They provide insights for each strategy and discuss the current market conditions. Ultimately, they emphasize the importance of understanding one's own financial situation and long-term goals when deciding whether to buy real estate. In this episode, Clark and David discuss the key principles of successful real estate investing. They emphasize the importance of long-term thinking and highlight the unpredictable nature of the...2024-03-1151 minBurn Your Boats WealthBurn Your Boats WealthBurn Your Boats Timely 10 - Do Millennials have Affordable HousingSummaryIn this episode of Timely 10, Clark and David discuss an article about millennials being priced out of affordable housing. They explore the media's presentation of this issue and the frustrations it can cause. They caution renters about the inevitability of rent increases and compare the current situation to previous generations. They emphasize the sacrifices and lifestyle choices necessary to afford housing and highlight the availability of alternative rental options. The episode concludes with advice for millennials to consider their long-term goals and make informed choices about their housing options.TakeawaysThe media's...2024-03-0819 minBurn Your Boats WealthBurn Your Boats WealthBurn Your Boats Episode 6 - Acquisitions Myths BustingSummaryIn this conversation, David Shaw and Clark Lunt discuss the controversial topic of getting discounts when buying real estate. They debunk myths and explore different methods of acquiring deals. They emphasize the importance of understanding one's goals and the sacrifices involved in pursuing discounts. The conversation covers topics such as realtor pocket listings, working with wholesalers, and the challenges and benefits of each approach. They also provide tips for successfully buying from wholesalers, including effective communication and having hard money lined up. The conversation covers various acquisition strategies in real estate investing, including wholesaling, foreclosure auctions...2024-03-041h 23Burn Your Boats WealthBurn Your Boats WealthBurn Your Boats Episode 5 - Beginner Mistakes Part IISummaryIn this episode, Clark and David discuss the process of buying and renovating investment properties. They emphasize the importance of working with experienced realtors and wholesalers who have their own investment properties. They also stress the need for thorough underwriting to determine the true costs and potential profits of a property. Clark and David provide tips for analyzing properties, making offers, and understanding after renovation value (ARV). They also highlight the significance of obtaining permits for renovations to avoid future issues. Overall, the conversation focuses on the practical aspects of investing in real estate and the...2024-02-261h 17Burn Your Boats WealthBurn Your Boats WealthBurn Your Boats Episode 4 - Beginner Mistakes Part IIn the Burn Your Boats first Double Feature "Beginner Mistakes" Part I David and Clark discuss how to take the first steps towards purchasing investment properties and what makes a good rental portfolio over time, and what to avoid. They stress the importance of your Golden Eggs and the highest and best use to create meaningful wealth over time. This is a must listen for all Buckets of Investors, whether you are purchasing your first, fifth, or tenth investment property. Hosted on Acast. See acast.com/privacy for more information.2024-02-2654 minBurn Your Boats WealthBurn Your Boats WealthBurn Your Boats Episode 3 - Debt x Time x Scale will give you the Confidence to InvestWhat gives you confidence to take that first step? The confidence to take Action to change your current financial path and turn it into wealth creation? In this episode Clark and David discuss the Wealth Algorithm that will give you the confidence to invest in real estate in any market. Hosted on Acast. See acast.com/privacy for more information.2024-02-1949 minThe Late Bloomer ActorThe Late Bloomer ActorBack To The Future with Connor ClarkText The Late Bloomer Actor a Question or Comment.A very special episode this month where I interview my son Connor Clark.  In this conversation, Connor discusses his journey and aspirations in the acting industry. He shares his experience preparing for university and the benefits of formal education in acting. Connor also talks about his favorite movie and TV show locations explored while we enjoyed a family holiday in the USA over Christmas and the New Year. Also, the impact of a Broadway show, namely Back To The Future (the Musical)  on his perception of the...2024-02-1554 minBurn Your Boats WealthBurn Your Boats WealthBurn Your Boats Episode 1 - What does Burn Your Boats mean to you and when have you done it in your life?David and Clark discuss why they named their podcast Burn Your Boats, what that means to them and how they Burned their Boats to get to where they are today. Hosted on Acast. See acast.com/privacy for more information.2024-02-0953 minThe Late Bloomer ActorThe Late Bloomer ActorOff Script: Going Off Script (Introductory Episode)Text The Late Bloomer Actor a Question or Comment.Ever felt the exhilaration of stepping onto a stage, script in hand, only to toss it aside and let your instincts take the lead? That's the energy we're channeling in the latest Late Bloomer Actor podcast, where spontaneity and authenticity are the main attractions. I'm David John Clark, and I'm inviting you to sidestep the conventional with me in our Offscript episodes. We'll be tearing down the curtain to reveal the raw, uncharted territories of acting, sharing stories that are as real as they come. Get ready for...2023-11-2713 minThe IC-DISC ShowThe IC-DISC ShowEp046: Exit Planning and Succession with Mike Silverman and Matt Clark Today on the IC-DISC Podcast, I spoke with Mike Silverman and Matt Clark, two attorneys specializing in exit planning and succession planning for business owners. They explained that exit planning is all about planning when an owner wants to leave the company, while succession planning identifies future leaders within the business. Both are crucial since you need a strategy for expected and unexpected departures. Mike and Matt stressed meeting regularly so these plans stay on track and don't cause disruption. They also talked about having a whole team involved beyond just lawyers, with...2023-08-1859 minThe Late Bloomer ActorThe Late Bloomer ActorRole Reversal with David John ClarkText The Late Bloomer Actor a Question or Comment.We have a true 'role reversal' in this episode with my very good friend, fellow actor and my first EVER guest on the show, Eva Grzelak playing host and turning the interview onto me.We discuss my journey to becoming a 'late bloomer actor', starting at kindergarten  in Adelaide and heading west on a trip around Australia, that ended 14 years later.We delve into my early years as an 'extra' in Sydney in the mid to late 1990's, including an exciting appearance alongside Natalie P...2023-03-1555 min