Shows
The Broke MillionairesE36: The Struggles & Triumphs of Setting up an Out of State Furnished Rental.We sit down for several updates with our projects and dive into how we go about setting up a furnished rental out of state. One of the programs we talk bout is the Ladder Up Home Loan Grant from City National Bank. This is for CA, NJ and NY residents. We also talk about the No Tax on Home Sales Act which aims to eliminate the capital gains tax on a primary residence. This is huge for us personally because we have 3 properties that have far surpassed the current exclusion cap so we are not able to sell homes w...
2025-08-0854 minThe Broke MillionairesE35: Finding the Strength to Hold On & Stay the CourseIn this episode we dive into some interesting statistics and talk about where you live and how you look can drastically improve your mental health and improve your ability to keep moving forward with your wealth building goals. We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good fit info@thebrokemillionaires.com
2025-07-251h 09The Broke MillionairesE34: We've Moved and Onto the Next ProjectWe finally finished up the project house that seemed to be never ending and got it rented. In this episode we walk through what is looked like leading up to the final minutes before the guests arrived. We were of course down to the wire on everything getting final permits signed off the day before it rented. We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good f...
2025-07-1457 minThe Broke MillionairesE33: The Millionaire Next Door & How Decamillionaire is the New MillionaireThe Millionaire Next Door is a book that interviewed several self-made millionaires in the 90's and finds the common traits amongst these people. We break down these 7 common traits that still hold true today. We also talk about how a million is not what is was 30 years ago and how a decamillionaire is probably the new millionaire in today's world. Book recommendationsThe Millionaire Next Door: The Surprising Secrets of America's Wealthyby Thomas J. Stanley, William D. Danko We are looking for guests that ha...
2025-06-2851 minThe Broke MillionairesE32: Taking a Leap of Faith in Acquiring an AssetPeople always ask "How do you have all these properties in CA?" It's not easy that's for sure, but we find ways to make it work and continue to acquire the next asset and struggle through until it stabilizes. We are always better off in the end than if we didn't buy that asset, it's just the in between time getting the property renovated that is always a struggle. Looking back...worth it! We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the sh...
2025-06-1952 minThe Broke MillionairesE31: How to Avoid Squatters in Your MTR & Control Your CalendarThe biggest question we hear when someone is considering the MTR strategy is "What about squatter's rights?" We go over our screening process and what we do to help prevent these type of guests in our properties. We also cover calendar control and what we do to help avoid calendar gaps that we can't fill. We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good fit info@thebrokemillionaires.com
2025-06-111h 02The Broke MillionairesE30: How to Market Your MTR With Top of the Market Rents While Having a Constant Flow of LeadsIn this episode we provide some updates on our life, current projects and and how we are managing everything with a newborn in the fold. We do dive into MTR marketing, outlining how to make your listing stand out in searches and the ways we market our properties to create a constant lead funnel. We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good fit info@thebrokemillionaires.com
2025-06-041h 20The Broke MillionairesE29: How to Set Up a Mid Term Rental (MTR) to Stand Out From The CompetitionIn this episode we jump into how to launch your first MTR to stand out from the crowd and operate build a legitimate business with this strategy. We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good fit info@thebrokemillionaires.com
2025-05-211h 13The Broke MillionairesE28: How to Achieve a 7 Figure Income Using Multiple Income StreamsIn this episode we break down a strategy to get you to 7 figures a year without having a single company make it big. This strategy also helps you to diversify your risk, hedge against a down economy, and makes it easier to offset your tax liability. We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good fit info@thebrokemillionaires.com
2025-05-0750 minThe Broke MillionairesE27: | Heart Failure Forced this Police Officer Into Early Retirement at 23, He Picked Himself Up & Found a New Path Which Paid Off in a Big Way | Nate GreenNate Green is an award winning CEO, Founder, Entrepreneur, Best Selling Author and Success and Leadership Coach. His relentless spirit and grit, coupled with his passion to impact the lives of those that are hungry and driven have been a combination that have provided him great success. Through a life of crazy adventures, major hardships and the constant need to adapt, Nate has constantly pushed forward to develop the core of who he is and overcome all obstacles he encounters. The life transition from a Police Officer to Founder and CEO of a company that sold for 8 Figures has...
2025-04-3045 minThe Broke MillionairesE26: The Power of Partnerships & Growing Your NetworkIn this episode we talk about the power of partnerships and how this can free up time, money and take your business or investing to the next level as you scale up. We also touch on how fostering and maintaining relationships can help build your network and come full circle. We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good fit info@thebrokemillionaires.com
2025-04-231h 07The Broke MillionairesE25: From Digging Ditches to Making Over $1 Million in a Year. How One Man Hustled His Way to the Top | Luke GilbertIn this episode we interview one of the top Boise Realtors Luke Gilbert. He takes us through his journey from bartending and digging ditches on the side to making over $1 Million in a year in a very short period of time. Luke hustled his way to the top with his stubborn determination and has learned how to avoid paying taxes through creative tax planning. Learn how he got there and what he is doing to preserve his wealth and build out his coaching business. Book recommendationsThe 7 Habits of Highly Effective People
2025-04-161h 11The Broke MillionairesE24: Stock Market Crash, Tariffs and the Current State of the EconomyIn this episode we break down the current stock market crash, Trump's tariffs and the direction of the economy. We also talk about how you can prepare your financial health to weather the impeding recession comes upon us. We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good fit info@thebrokemillionaires.com
2025-04-091h 07The Broke MillionairesE23: Sacrifices & Side Hustles to Build WealthIn this episode we talk about the sacrifices and struggles we face while building wealth through real estate while raising money. We also touch on our side hustles and the income streams those are creating which have helped us to push through. We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good fit info@thebrokemillionaires.com
2025-04-0259 minThe Broke MillionairesE22: How to Renovate a Home On a Budget Without Sacrificing QualityIn this episode we talk further in depth on how we renovate homes on a budget and still get a stylish high quality end result. When to use a contractor and when to take on a project on your own and what type of finishes to use when you are rehabbing a rental property. We are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good fit info@thebrokemillionaires.com
2025-03-261h 08The Broke MillionairesE21: Let's Talk About the Losses. The Less Talked About Side of InvestingIn this episode we shed light on the less talked about truth of investing. When building wealth and investing you will have wins and losses, people tend not to talk about the losses and glorify the wins. We talk about the losses we have experienced and how the lessons we learned helped us succeed on the next investment. Failed Businesses OC Recycled Furniture Baby & BowWe are looking for guests that have something helpful to share. If you or someone you know could make a good guest on the show, drop us...
2025-03-191h 08The Broke MillionairesE20: How to Create a $600k+ Income Within 36 Months Working Part Time Using The 12 House Blue Print | William & Jodi Tingle In this episode we interview William and Jodi tingle. William is a Investor, Coach, Speaker, and Author of “The 12 House Blueprint”. William has bought hundreds of houses all across the US, most of them Subject To. He has trained and coached thousands of students all across the country to(including us) become financially successful real estate investors. William’s wife Jodi is a seasoned real estate investor with over 20 years of experience, specializing in short sales and wholesaling. As a former licensed real estate broker, she has a deep understanding of market dynamics and creative deal struc...
2025-03-121h 02The Broke MillionairesE19: Financial Rules to Live ByIn this episode we break down a set of financial rules we live by which really make life easier and building wealth more attainable. We cover how much we strive to spend on the home we live in, car payment, 401K contributions and appropriate spending on luxury items as rewards. We are looking for guests that would have something helpful to share. If you or someone you know could make a good guest on the show, drop us a line to see if it would be a good fit info@thebrokemillionaires.com
2025-03-051h 07The Broke MillionairesE:18 What Really Causes Inflation & How to Hedge Against ItIn this episode we dive into the root causes of inflation and what you can do to hedge against a devaluing dollar. Cash, Gold, Properties & Bitcoin, where to park your money during a high inflation period. book recommendationThe Creature from Jekyll Island : A Second Look at the Federal ReserveBy G. Edward Griffin
2025-02-261h 14The Broke MillionairesE17: House Flipping & Operating Mid Term Rentals In Austin TX. Leaving The Corporate Life to Pursue Real Estate Investing Full Time | James Keller & Vivian YipJoin us as we interview James Keller & Vivian Yip about their journey into full time real estate investing and building wealth. Vivian, formerly a program manager at Apple, fully embraced real estate in 2018 with her Real Estate Agent husband James, flipping homes while managing their careers and raising two kids. A year later, they began furnishing affordable properties for extended stays, a move that thrived during the pandemic and simplified property management. Today they own 9 properties and manage 30 in the Austin area. Book recommendationsUnreasonable Hospitality: The Remarkable Power of Giving P...
2025-02-191h 03The Broke MillionairesE16: Mindset to Get Through Tough Times & How Multiple Income Streams is the New RichIn this episode we dive into mental toughness and having the mindset to get through tough times and stay the course to achieve your goals. We also dive into what is known as the New Rich in today's economic landscape by having several income streams and diversifying those income sources. Book Recommendations:Grant Cardone: How to Get and Stay Motivated Grant Cardone: Be Obsessed or Be Average
2025-02-121h 04The Broke MillionairesE15: How We Bought a Model X Using Section 179 Depreciation and Ended Up With a Free & Clear Family VehicleIn this episode we dive into what section 179 depreciation is, how to utilize it and who it works well for. We outline how we purchased a brand new Tesla Mode X using this method and saved $50,000 in taxes and rebates. We also outline how to transfer this asset from your business to your person living trust after the depreciation has been fully realized. Insta@rebuillding_thedream
2025-02-051h 27The Broke MillionairesE14: From Warding Off Bears at a Flip to a Wholesale Deal That Made $133k. How the Hooymans Have Created a 6 Figure Side Hustle | Nick & Aja HooymanThis episode features an interview with the Hooymans. Nick has been a long time friend who always has wild stories that are extremely entertaining. Nick and Aja talk about how they got into real estate investing while still working full time jobs, and how they continue to build wealth and expand their investing strategies as they work toward financial freedom. Content Warning - Please note that this episode contains talks of depression and suicidal thoughts. Nick Hooyman book recommendation The Creature from Jekyll Island : A Second Look at the Federal R...
2025-01-291h 32The Broke MillionairesE13: Unique Loan Products Most People Have Never Heard of Plus Tips and Tricks on Free Government Money to Fix Up Your Primary.Today we are talking more in depth on some unique types of loans that most people haven’t heard of. Also some tips and tricks on ways to save money and fund repairs and renovations. Family Opportunity Mortgage Vendee Loan Program (www.vrmco.com/vendee-loans)Home warranty (www.ahs.com)Local government funding for renovations and repairs ( grants and 0% loans ) State programs for ADU’s including loan forgiveness for renting your ADU to a qualified low income housing tenant.
2025-01-221h 13The Broke MillionairesE12: L.A. Fires - Taking Action to Help & Ethical Practices During a Natural DisasterIn this episode we jump into a discussion on the state of emergency in California with the wildfires still raging. Many landlords have been increasing rent prices due to spiking demand in the affected areas which is not only unethical, but also illegal. We also cover ways that people can help with housing if you have a home that is not being used and could be turned into a rental for a displaced family.
2025-01-151h 07The Broke MillionairesE11: How We Are Building a Mid Term Rental Portfolio and the Side BenefitsIn this episode we give an update on ringing in the new year and how we used a side benefit of our Mid Term Rental (MTR) to stay in a vacation home for free. We also dive into how we got started with our MTR business and what we are doing to scale this up.
2025-01-081h 05The Broke MillionairesE10: Raising Money to Scale to 270 Properties in 3 Years | Ethan Temianka & Sherry WangIn this episode we interview our first guests Ethan Temianka & Sherry Wang. Ethan got started by raising money for his first deal in CA. From there he scaled one house at a time until he was able to launch his own fund which led to the acquisition of 270 properties over a 3 year period. Ethan talks about the sacrifices he has made along the way and the less glamorous part of building wealth when he got his start. He is now in a dispo cycle and is taking on much larger projects with the knowledge and experience he has gained...
2024-12-1929 minThe Broke MillionairesE9: Strategic Ways to Buy a PropertyIn this episode we talk about creative ways we have bought properties and some of the tools we use to give us an edge up on the competition. We also discuss ways in which we find off market properties so we can be the first to make an offer.
2024-12-1851 minThe Broke MillionairesE8: Properties We Have Bought and Sold Inside Our Super 401KIn this episode we dive into some of the actual deals we have done inside our Super 401K. We go over the numbers on the acquisition through the life cycle to disposition.
2024-12-1455 minThe Broke MillionairesE7: Supercharge Your Retirement With a Super 401KIn this episode we talk about how we have supercharged our retirement with a super 401K and how anyone can open up a self directed retirement account whether you are a business owner or an employee. We talk about how we invest in real estate inside this Super 401K.
2024-12-111h 02The Broke MillionairesE6: Building Wealth Through Home Renovations by Forcing AppreciationIn this episode we will talk about how we build equity in properties by forcing appreciation through renovations. We also talk about some of the common mistakes people make and what to watch out for. We also touch on ways to pay or finance these renovations.
2024-12-0859 minThe Broke MillionairesE5: Spending Tax Free Money on Travel and the Finer Things in LifeIn this episode we talk about how to maximize the benefits of credit card points and how to supercharge these benefits through your business or employer. Start enjoying the finder things in life without using your own money.
2024-12-0659 minThe Broke MillionairesE4: Leveraging Your Properties to Scale Your PortfolioIn this episode we go over some of the strategies we have used to leverage our existing properties to buy & renovate additional properties.
2024-11-301h 02The Broke MillionairesE3: Getting Mortgages and Thinking Outside the BoxIn this episode we talk through some of the traditional mortgage programs that are available with low down payments, and we also overview some more creative ways we have bought properties.
2024-11-281h 09The Broke MillionairesE2: Building Wealth Through Real EstateIn this episode we break down some of the benefits of owning real estate.
2024-11-2358 minThe Broke MillionairesE1: Welcome to the Broke MillionairesIn this first episode we introduce ourselves and our backstory. We will outline what the show is going to be about and dive into some of our experiences.
2024-11-2154 min