Business And Investing Sherpa The Business and Investing Sherpa

Today we're talking BITCOIN! Why to Buy, How to Buy, and What to Do After You Buy?!?!?

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There's One Stock We Love Most - Click to Get Access Now ... We Plan to Hold Forever.

Just $10K invested in this stock 34 years ago is now over $1.2 Million, compared to $300K for the S&P500. Plus, its runway is massive and its business model is extremely diversified, making for an ideal buy and hold forever dividend growth stock. Today you'd be getting over $15K per year in dividends alone on your initial investment!

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Access Our Monthly Comprehensive Investment Research Report Here  

Access Our Monthly REIT Research Investment Report Here  


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Today We're Talking about BITCOIN!  and why you should buy it, how to buy it, and what to do with it after you buy it.

We discuss why we believe you may want to consider having at least a small allocation of Bitcoin in your portfolio including topics such as:


Scarcity

The Growing Narrative

Rampant Money Printing

The two sides of the Trade

Where to buy Bitcoin

When should you sell Bitcoin?  Should you HODL or trade it?  What are we doing ourselves?


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***** If you want to learn how to invest for passive income to reach financial independence simply follow the steps of our Ultimate Guide by Clicking the Following Link: https://businessandinvestingsherpa.com/how-to-invest-for-passive-income-and-financial-independence/

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Today's Sponsor: M1 Finance - https://businessandinvestingsherpa.com/m1

M1 Finance is one of my favorite investment tools because it’s FREE, it allows you to purchase partial shares of stock, and it allows you to do automatic rebalancing.

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Resources Needed to Start Your Business and Invest the Profits (Our Top Recommendation) -

Helium 10 (50% OFF 1st Month or 10% OFF every month with our link) #1 Must-Have Amazon Tool! - https://businessandinvestingsherpa.com/helium10

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Disclaimer: The above links contain affiliate links, meaning we will earn a small commission at no cost to you.  We greatly appreciate your support of the show in this way!


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Support this podcast: https://podcasters.spotify.com/pod/show/businessinvestingsherpa/support

There's One Stock We Love Most - Click to Get Access Now ... We Plan to Hold Forever.

Just $10K invested in this stock 34 years ago is now over $1.2 Million, compared to $300K for the S&P500. Plus, its runway is massive and its business model is extremely diversified, making for an ideal buy and hold forever dividend growth stock. Today you'd be getting over $15K per year in dividends alone on your initial investment!

______________________________________


Access Our Monthly Comprehensive Investment Research Report Here

Access Our Monthly REIT Research Investment Report Here


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Today We're Talking Innovative Growth Stocks - think Artificial Intelligence, Genomics, Cloud Computing, Robotics, and Fintech



We discuss why we believe you may want to consider having a tilt in your portfolio towards innovative growth stocks and topics such as:


Wright's Law

Moore's Law

Ark Invest

Innovative Growth and Declining Cost Curves

Stimulus and Low-Interest Rate Environment

How does today compare to the Tech Bubble in 1999?


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***** If you want to learn how to invest for passive income to reach financial independence simply follow the steps of our Ultimate Guide by Clicking the Following Link: https://businessandinvestingsherpa.com/how-to-invest-for-passive-income-and-financial-independence/

______________________________________

Today's Sponsor: M1 Finance - https://businessandinvestingsherpa.com/m1

M1 Finance is one of my favorite investment tools because it’s FREE, it allows you to purchase partial shares of stock, and it allows you to do automatic rebalancing.

______________________________________

Resources Needed to Start Your Business and Invest the Profits (Our Top Recommendation) -

Helium 10 (50% OFF 1st Month or 10% OFF every month with our link) #1 Must-Have Amazon Tool! - https://businessandinvestingsherpa.com/helium10

______________________________________

Disclaimer: The above links contain affiliate links, meaning we will earn a small commission at no cost to you.  We greatly appreciate your support of the show in this way!


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Support this podcast: https://podcasters.spotify.com/pod/show/businessinvestingsherpa/support

There's One Stock We Love Most - Click to Get Access Now ... We Plan to Hold Forever. 

Just $10K invested in this stock 34 years ago is now over $1.2 Million, compared to $300K for the S&P500. Plus, its runway is massive and its business model is extremely diversified, making for an ideal buy and hold forever dividend growth stock. Today you'd be getting over $15K per year in dividends alone on your initial investment!

____________________________________________________


Access Our Monthly Comprehensive Investment Research Report Here




Access Our Monthly REIT Research Investment Report Here


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Today We're Talking Today's Stock Market Valuation - Does it Seem a Bit Bubbly?



We discuss all things valuation including:


Buffet Indicator
CAPE
Schiller PE
Historical Price to Earnings
Can you time the market based on market valuation?
And a whole lot more!



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***** If you want to learn how to invest for passive income to reach financial independence simply follow the steps of our Ultimate Guide by Clicking the Following Link: https://businessandinvestingsherpa.com/how-to-invest-for-passive-income-and-financial-independence/

____________________________________________________

Today's Sponsor: M1 Finance - https://businessandinvestingsherpa.com/m1

M1 Finance is one of my favorite investment tools because it’s FREE, it allows you to purchase partial shares of stock, and it allows you to do automatic rebalancing.

____________________________________________________

Resources Needed to Start Your Business and Invest the Profits (Our Top Recommendations) -

Helium 10 (50% OFF 1st Month or 10% OFF every month with our link) #1 Must-Have Amazon Tool! - https://businessandinvestingsherpa.com/helium10

____________________________________________________

Disclaimer: The above links contain affiliate links, meaning we will earn a small commission at no cost to you.  We greatly appreciate your support of the show in this way!




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Support this podcast: https://podcasters.spotify.com/pod/show/businessinvestingsherpa/support

Today we're talking Cryptocurrency, Blockchain, Bitcoin, and BlockFi

BlockFI is a platform that allows you to earn up to 8.6% APY on crypto assets, including USD stable coins. They are able to accomplish this by providing lending solutions to individuals and institutions who want to either borrow crypto or get access to cash without having to sell their crypto assets. An example: An individual bought Bitcoin when it was $4,000 and now it is $20,000. They initially purchased 5 shares which are now worth $100K and would like to use that asset to upgrade their kitchen but don't want to sell their bitcoin to do so because it would be a taxable event and take a large bite out of their asset. Instead, they take a loan from BlockFI for up to $50,000 at a 9.75% interest rate and 2% origination fee. Because banks aren't yet comfortable with accepting bitcoin as collateral to lend against, BlockFI can charge moderately high rates and afford to pay its' investors a high rate of return on their investment. We are currently moving forward with an investment in BlockFI and think you should look into them too.

***** If you want to learn how to invest for passive income to reach financial independence simply follow the steps of our Ultimate Guide by Clicking the Following Link: https://businessandinvestingsherpa.com/how-to-invest-for-passive-income-and-financial-independence/

Today's Sponsor: M1 Finance - https://businessandinvestingsherpa.com/m1

M1 Finance is one of my favorite investment tools because it’s FREE, it allows you to purchase partial shares of stock, and it allows you to do automatic rebalancing.

Resources Needed to Start Your Business and Invest the Profits (Our Top Recommendations) -

Helium 10 (50% OFF 1st Month or 10% OFF every month with our link) #1 Must-Have Amazon Tool! - https://businessandinvestingsherpa.com/helium10

Jungle Scout - (30% Discount with this Link) Great for Product Research  - https://businessandinvestingsherpa.com/junglescout

TaxJar - Essential for Sales Tax Collection for Sales on Your Website - https://businessandinvestingsherpa.com/taxjar

QuickBooks - What we use for accounting, we love setting up automated rules - https://businessandinvestingsherpa.com/quickbooks

Disclaimer: The above links are affiliate links, meaning we will earn a small commission at no cost to you.  We greatly appreciate your support of the show in this way!


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Support this podcast: https://podcasters.spotify.com/pod/show/businessinvestingsherpa/support

Today we're doing a deep dive discussion on Why We Are Selling Our Rental Properties.



A little over a year ago we acquired a few rental properties for FREE using the BRRRR Method described in our previous podcast episode.



Today, we talk about why we have decided to sell these rental properties.



If you want to know a bit more about our thoughts on this topic now, though, just go listen to Episode 2 on why we love investing in REITs more than Rental Properties.



If that sparks your interest in REITs, then you should definitely consider signing up for our monthly investment update report because, in that report, we give access to all of our REIT holdings and even give a list of the best REITs in our opinion to buy that month as well as our own purchases and sales for the month.



Sponsor:

M1 Finance: it's FREE, allows you to purchase partial shares, and allows you to do automatic rebalancing.



P.S. Thanks for listening and see you on our next episode!


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Support this podcast: https://podcasters.spotify.com/pod/show/businessinvestingsherpa/support

The topic and strategy we are going to discuss today is How to get rental properties for free using the BRRRR method.



BRRRR stands for:


Buy

Rehab

Rent

Refinance

Repeat


Essentially, you are looking to buy a house for less than it’s worth with cash (can be yours or someone else’s (for example, investors and hard money lenders) and then refinance it at a higher value so that you get all of your cash back and now you have the property for free!



The best way to understand this is by looking at an example:




You buy a house for $80,000 from a wholesaler that is worth $125,000 (determined by running comps on other home sales in the neighborhood)

You spend $20,000 fixing the home up.  Now your total cost is $100,000 (again, you can use your own cash if you have it or borrow it from hard money lenders)

You rent the house out for $1,250 per month.

You go to your bank and have them get an appraisal on the home and it comes back at $125,000.

You refinance the house with the bank for an 80% loan to value.  Because the appraised value of the house is $125,000, that means they will give you 80% of that value in cash (which in our case 80% of $125,000 is $100,000) so you will receive a check for $100,000 dollars and will have a new mortgage for $125,000.




With this strategy, you are basically creating the down payment by forcing the equity appreciation.  Using the BRRRR method, you don’t have to save the $25,000 down payment that would be necessary to buy this home if you just bought it normally for $125,000.

Altogether, this strategy makes sense if it is more time and cost-effective for your personal situation to do the work to force the equity appreciation as compared to saving the $25,000 that would normally be required to buy a rental property worth $125K at 20% down.

The BRRRR method allows you to build a very large portfolio in a short amount of time if you want.

We have used this method on a couple of rental homes ourselves and it worked just as planned.  Our appraised values were actually much higher and we were able to pull out extra money to keep as a cash reserve or even invest in other ventures.

Although there are many beautiful elements to this investment strategy, we have not done any more and are even in the process of selling one of these properties.  In future episodes we will share more details and stories about our experiences with single family rentals.

If you want to know a bit more about our thoughts on this topic now, though, just go listen to Episode 2 on why we love investing in REITs more than Rental Properties.

If that sparks your interest in REITs, then you should definitely consider signing up for our monthly investment update report because, in that report, we give access to all of our REIT holdings and even give a list of the best REITs in our opinion to buy that month as well as our own purchases and sales for the month.



Sponsor:

M1 Finance: it's FREE, allows you to purchase partial shares, and allows you to do automatic rebalancing.




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Support this podcast: https://podcasters.spotify.com/pod/show/businessinvestingsherpa/support