The Legacy Wealth Code Podcast
Welcome to the "Legacy Wealth Code" podcast, where we unravel the secrets of real estate investing, tax strategies employed by the uber wealthy, and the art of building a lasting legacy. Join us on this captivating journey as we explore the pathways to wealth creation, uncover powerful tax-saving techniques, and feature interviews with successful business owners who have mastered the art of building generational wealth.
In each episode, your host Michael & Andrew, will guide you through thought-provoking discussions, insightful interviews, and expert advice from renowned investors and financial gurus. Together, we will dive deep into the world of real estate investing, examining various strategies such as property flipping, rental properties, commercial real estate, and syndications. Discover key principles, practical tips, and industry trends that can help you make informed decisions and maximize your returns in today's dynamic real estate market.
But that's not all. "Legacy Wealth Code" delves into the fascinating realm of tax strategies, unveiling the closely guarded secrets of the uber wealthy. Learn how they employ legal techniques to minimize their tax obligations and explore the intricacies of tax planning, entity structuring, 1031 exchanges, cost segregation, and more. Unlock the power of tax optimization and gain insights that could potentially save you significant amounts of money.
Additionally, we bring you exclusive interviews with highly successful business owners and entrepreneurs who have mastered the art of wealth creation and legacy building. These captivating conversations will provide invaluable insights, personal anecdotes, and actionable advice on overcoming challenges, seizing opportunities, and leaving a meaningful impact on the world.
Whether you're an aspiring investor, seasoned entrepreneur, or simply curious about the world of wealth creation, the "Legacy Wealth Code" podcast will empower you with the knowledge and inspiration needed to embark on your own path to financial success. Join us on this transformative podcast as we decode the secrets of real estate investing, reveal powerful tax strategies, and guide you towards building a remarkable legacy that will endure for generations to come.
Tune in to the "Legacy Wealth Code" podcast and unlock the blueprint for financial freedom, tax optimization, and the creation of a legacy that stands the test of time.
The Legacy Wealth Code Podcast
Funding Your Perfect Life Through Private Lending
Welcome to the Legacy Wealth Code podcast, where we dive into the secrets of building long-lasting wealth. In this episode, we are thrilled to have Ryan McGuinness as our guest. Ryan, a seasoned real estate investor with a remarkable track record of flipping over 1000 homes, shares his insights on shifting his focus to private lending. Join us as we explore how this strategic shift has allowed Ryan to build a scalable business with impressive returns, all while minimizing overhead and stress. Discover the power of being the bank and how this strategy can safeguard your investments against market fluctuations while delivering exceptional cash returns. Tune in now and learn how Ryan has unlocked the freedom to live life on his own terms.
Onward!
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THE LEGACY WEALTH CODE PODCAST SHOW NOTES
Episode #10: Funding Your Perfect Life Through Private Lending
Host: Michael Notbohm & Andrew Hoek
Episode Summary
Welcome to this episode of the Legacy Wealth Code Podcast, a platform aimed at helping you build long-term wealth and a lasting legacy through real estate investing, tax strategies, and motivational stories from successful people. Meet our hosts, Michael Notbohm & Andrew Hoek.
Today's guest is Ryan McGuiness, a Managing Partner at RPM Realty Investments LLC. He is a Pilot who got interested in real estate after seeing its value as a tangible asset with minimal manipulation compared to the stock market. One crucial factor that contributed to his success is simply keeping to his word in carrying out daily activities. To develop his lending business particularly, he notes two aspects which are finding good quality borrowers and raising lending funds from self and close contacts.
In this episode, Ryan narrates how he navigated his way through real estate into the lending business, and the principles he adopted to build a successful business and life.
Episode Topics
● [00:20] Meet today's guest, Ryan McGuiness.
● [01:19] About Ryan's background; from Pizza flipping to real estate.
● [03:43] How do you combine a dream life with work?
● [05:16] What factors have helped you build the business you have?
● [06:26] Moving from real estate to the lending business.
● [09:00] How to get involved in the lending business.
● [13:17] Are you still looking for other people to invest with you?
● [17:07] What trends do you expect in the next 3 years?
● [18:14] Ryan's bet to work at Taco Bell
● [20:33] Advice for someone who wants to build a legacy; start small.
● [22:08] Connect with Ryan.
Notable Quotes
- "The most important thing, I think, is 'do what you say you're going to do" - [Ryan McGuiness]
- "Start small and then you just keep snowballing that up to success" - [Ryan McGuiness]
- "No matter what, the bank wins" - [Michael Notbohm]
- "As you start getting success in life, it's easy for it to go to your head" - [Michael Notbohm]
- "If you don't have failures, you didn't hit your potential" - [Ryan McGuiness]
Resources
"Die With Zero" by Bill Perkins
Connect with Ryan
Phone: 352-262-3722
Instagram: @mrmcguiness
Email: Ryan@rpmrealtyinv.com