Cash Flow Assets

Blackwell Workshop Inc, Robert Slattery, Blackwell Real Estate LLC

How much money do you want to make each month to live the life you want to live? Join us each week as Robert Slattery shares the secrets to creating your financial freedom. Robert interviews others who are successfully living a cash flow abundant life outside of the daily grind of the rat race and also shares how you, too, can get out. If you are ready to learn from others, build your cash flow assets and get out of the rat race, this is the show for you.

Episodes

  1. 10/29/2021

    Romeo Clarke: Ask the CPA

    In this episode, Robert and Romeo Clarke discuss: Escaping the rat race through active investment and tax reductionHow depreciation works and what’s cost-segregationAdvice for anyone facing an audit Key Takeaways: Be mindful of the numbers - know the cashflow you expect and calculate for depreciation. Real-estate property is made out of different pieces which all have different depreciation rates. Accelerate your depreciation over five years because when depreciation increases, the loss in your tax is increased also and you could use that to produce ordinary income. When facing an audit, talk to a professional who can negotiate the best outcome for you. Don’t talk to the IRS, they can use anything against you. If you don’t have experience on how they work, they’re going to look out for the IRS, not for you.  "If you don’t have the documentation, you don’t have the deduction. Keep your receipts… in a nice folder, everything in a nice place." —  Romeo Clarke   Connect with Romeo Clarke: LinkedIn: https://www.linkedin.com/in/romeo-clarke-cpa-taxexpert/ Website: http://www.agiletechaccounting.com/   Connect with Robert:  Website:    https://www.blackwellworkshop.com Seminar Registration: https://www.cashflowassets.com Twitter: @roberteslattery   Facebook:  https://facebook.com/groups/blackwellworkshop YouTube: https://www.youtube.com/channel/UCol1gk3ofVzsCeqYWPTnJWg LinkedIn: https://www.linkedin.com/in/roberteslattery/ Instagram:  https://www.instagram.com/therentalpropertywealthcoach/ Book: Coming Soon!  Email:  podcast@cashflowassets.com

    31 min
  2. 10/22/2021

    Cash Flow Guru - Jared Galde

    In this episode, Robert and Jared Galde discuss: Making passive income to serveHow to encourage your tenants to treat the house wellBusiness with a heart - serving your tenants Key Takeaways: Passive income frees up your time - it allows you to do the important things to you like serving your church, organization or community.You’ll find that most of the time, when you make your houses as beautiful as they could be, your tenants will treat it better.Being a true entrepreneur is not only about making money, it’s about making your work mean something to other people. Get to know your tenants’ pain points, and be a problem solver. "...True entrepreneur - If you break down what the word means, it means undertaker - the willingness to undertake something. I see us as the world’s problem solvers… how can I solve problems that already exist?" —  Jared Galde   Connect with Jared Galde: LinkedIn: https://www.linkedin.com/in/jaredgalde/ Twitter: https://twitter.com/SeaTownSports11   Connect with Robert:  Website:    https://www.blackwellworkshop.com Seminar Registration: https://www.cashflowassets.com Twitter: @roberteslattery   Facebook:  https://facebook.com/groups/blackwellworkshop YouTube: https://www.youtube.com/channel/UCol1gk3ofVzsCeqYWPTnJWg LinkedIn: https://www.linkedin.com/in/roberteslattery/ Instagram:  https://www.instagram.com/therentalpropertywealthcoach/ Book: Coming Soon!  Email:  podcast@cashflowassets.com

    39 min
  3. 09/24/2021

    Cash Flow Guru - Regulo Olvera

    In this episode, Robert and Regulo Olvera discuss: Starting from the very bottom and making mistakesManaging a property and doing it on your ownFinancial freedom through real estateKey Takeaways: Make every experience an asset - ask yourself how you can learn from your mistakes, that will give a positive value to those experiences.When you buy property, you have to learn to manage it like a business.Passive income needs time to be truly passive. Invest effort and time into your real estate business, and it will take care of you in the future.Inheritance isn’t only just about money - it’s about education, wisdom, it is an understanding of how the world works."The fact that I screwed up was the biggest profitable thing I could’ve done. Messing up on that deal allowed me to see what I did wrong. Instead of quitting… I kept the house and rented it for the past 17 years… I’ve more than made my money. " —  Regulo Olvera   Connect with Regulo Olvera: LinkedIn: https://www.linkedin.com/in/regulo-olvera-8b261650/ Facebook: https://www.facebook.com/ReguloOlveraRealEstateco/ Website: https://www.sellyourhousetexarkana.com Email: reguloolverarealestate@yahoo.com   Connect with Robert:  Website:    https://www.blackwellworkshop.com Seminar Registration: https://www.cashflowassets.com  Twitter: @roberteslattery   Facebook:  https://facebook.com/groups/blackwellworkshop YouTube: https://www.youtube.com/channel/UCol1gk3ofVzsCeqYWPTnJWg LinkedIn: https://www.linkedin.com/in/roberteslattery/ Instagram:  https://www.instagram.com/therentalpropertywealthcoach/ Book: Coming Soon!  Email:  podcast@cashflowassets.com

    31 min
  4. 09/24/2021

    Cash Flow Concepts - 5 Ways to LOSE Money In Real Estate

    In this episode, Robert discusses:  The first big mistake - buying everything zero downBuying with negative cash flow and buying properties without a planLand development mishaps and lastly, flipping housesKey Takeaways: It’s possible to buy property with no money, but this is a big mistake. Don’t buy property if you don’t have any money to pay for it. It sounds good, but if it goes sideways, you’re going to lose a lot of money.Dig deep into planning your expenses, be mindful of your cashflow.If you don’t have a plan, you’ll never know once you’ve reached your objectives. If you don’t have a goal, you’ll just keep buying and buying.When you go to an auction of a foreclosed property, you don’t get to go through the entire house, you don’t get to look at the plumbing or the electrical system, or the floorings and appliances."The lure of easy money is much like following the siren’s song. You have to be careful because the siren isn’t there to be your friend. The banks aren’t there to be your friend." —  Robert Slattery   Connect with Robert:  Website:    https://www.blackwellworkshop.com Seminar Registration: https://www.cashflowassets.com Twitter: @roberteslattery   Facebook:  https://facebook.com/groups/blackwellworkshop YouTube: https://www.youtube.com/channel/UCol1gk3ofVzsCeqYWPTnJWg LinkedIn: https://www.linkedin.com/in/roberteslattery/ Instagram:  https://www.instagram.com/therentalpropertywealthcoach/ Book: Coming Soon!  Email:  podcast@cashflowassets.com

    28 min

About

How much money do you want to make each month to live the life you want to live? Join us each week as Robert Slattery shares the secrets to creating your financial freedom. Robert interviews others who are successfully living a cash flow abundant life outside of the daily grind of the rat race and also shares how you, too, can get out. If you are ready to learn from others, build your cash flow assets and get out of the rat race, this is the show for you.