69 episodes

911WealthNetwork.com Founder and Host, Dave Knight is a full time Police Officer who outside the workplace has been able to grow a multi-million dollar rental income portfolio. First Responders Wealth Network Podcast was created to help ALL First Responders become educated and exposed to the possibilities of real estate investing, the strategies used to grow your wealth, and to stop relying on your paycheque and pensions alone. Top millionaire investors, industry leading professionals, and success stories from other First Responder investors throughout Canada and United States are showcased weekly to share their journey and lessons learned. Dave’s mission is to help educate, inspire to take action, create a network, and change ALL first responders mindset on how they approach their financial future or retirement. #911WealthNetwork

First Responders Wealth Network Dave Knight

    • Business
    • 5.0 • 20 Ratings

911WealthNetwork.com Founder and Host, Dave Knight is a full time Police Officer who outside the workplace has been able to grow a multi-million dollar rental income portfolio. First Responders Wealth Network Podcast was created to help ALL First Responders become educated and exposed to the possibilities of real estate investing, the strategies used to grow your wealth, and to stop relying on your paycheque and pensions alone. Top millionaire investors, industry leading professionals, and success stories from other First Responder investors throughout Canada and United States are showcased weekly to share their journey and lessons learned. Dave’s mission is to help educate, inspire to take action, create a network, and change ALL first responders mindset on how they approach their financial future or retirement. #911WealthNetwork

    Police & Paramedics Unite: Sharing the Path to Early Retirement and Generational Wealth Through Real Estate

    Police & Paramedics Unite: Sharing the Path to Early Retirement and Generational Wealth Through Real Estate

    Excited to bring on Paula McFarlane and Jake Tayler from Tartan Developments. They will share how they are transitioning from being full time Paramedics, no now quickly transitioning into real eatate investing full time. Tips, suggestions, and their story is something a lot of you will resonate with if you’re looking to create more for yourself outside the workplace. Think bigger and come take a listen.
    Highlights:
    [6:45] Passion for Real Estate and factors that pushed them to start investing in real estate [12:00] Life as a Paramedic [13:15] First step in investing for Real Estate [14:17] Reaching out to coaches for help and advice [14:46] Learning to commitment to real estate [18:15] How to keep your earnings active [18:39] What markets to focus on when investing [19:17] How to achieve getting more properties [19:46] The value of Perfect BRRRR Strategy in Real Estate [20:08] The advantages of financing using private money [20:46] Why you should use B-Lenders & Private money [26:30] Use of allowable contracts  
    IG handle: @tartan_developments
    Website: https://tartandevelopments.com/

    • 24 min
    How to add laneway houses and coach houses for more income. Paving the new path for investors with Brady Mcdonald

    How to add laneway houses and coach houses for more income. Paving the new path for investors with Brady Mcdonald

    Brady McDonald of BK Real Estate Investing has purchased $60M worth of properties and involved in over $80M dollar’s worth of transactions over the years.
    In this episode he’s going to share with you some of the ways to renovate, purchase, and even add an additional house/dwelling onto your existing property. BRRR, Flipping, buy and hold….we talk about it all. Listen to this podcast and learn how to gain more profit in real estate, and how to stay up to date on new trends and laws being passed, such as new laneway or secondary dwelling rules!
    Highlights:
    8:03 Converting garages into living space 8:49 Knowing the process well 9:03 Slab on grade/ Maxing out on specific square feet 9:41 Maximizing the return and least amount to build + max amount for renting 9:50 Challenges when connecting to services 10:55 How to make triplex profitable 12:30 Converting existing properties 13:40 Renovation process and construction time frames 17:09 How to market or make campaigns in getting more deals 20:28 What to look for in an acquisition manager 25:15 Using strategies that get leads  
    Links:
    Facebook: Brady McDonald Website: BK investing
    IG Handle: @bk.brady

    • 25 min
    How we are navigating and pivoting during this fear fuelled pandemic with Andrew Hines

    How we are navigating and pivoting during this fear fuelled pandemic with Andrew Hines

    The effects of this ongoing pandemic has been detrimental to many. However aside from the health and safety concerns abroad, depending on your individual circumstance many have also thrived. Why? And how are you pivoting moving forward?
    In this episode, we will be joined by Andrew Hines, a real estate investor and entrepreneur who’s currently keeping up with different ways to cope despite the pandemic and lockdowns. Andrew talks about escaping Ontario and living in Florida, and detailing the differences living outside the fear based media.
    Real estate still proves to be an anchor for stability and cashflow even during these times. What else can we do to diversify and be proactive?
     
    Highlights:
    6:57 Thinking of ways to diversify money in other areas 13:20 Effect of lockdowns on businesses and what happens to small businesses wealth 13:57 Effects of centralized power in small businesses 19:20 Getting outside the fear narrative 21:50 Having money and being able to run the business despite the pandemic 22:30 Looking for potential properties to get in Florida 26:21 Renewed and unrenewed student rentals 26:53 Potential issues on student rentals 29:49 Buying properties that could have different strategies 32:20 Good markets to consider when investing in real estate 34:40 Building your team/finding people you could trust  
    Links:
     
    Andrew Hines | Real Estate Entrepreneur 
    Podcast: Andrew Hines
    IG handle: @theandrewhines

    • 22 min
    How to borrow private capital for your real estate projects PLUS what lending for double digit returns can look like

    How to borrow private capital for your real estate projects PLUS what lending for double digit returns can look like

    Mortgages and finding capital for your projects shouldn’t stop you from accomplishing your goals and dreams through real estate.
    In this episode, Claire Drage, an experienced and successful broker and CEO of The Windrose Group along with Angie Pettyjohn will share with you their expertise on lending, mortgages, and helping and guiding people towards the best options in financing. PLUS what it takes to become the right borrower, and how to gain wealth in real estate using the proper education from experiences and connections.
    Listen to this podcast now and be educated while achieving your end goals.
     
    Highlights:
    [6:23] Service for both the borrowers and lenders and ensuring their qualifications [8:13] Extra security as a lender and some questions to consider for the lender [9:43] Focusing on the right borrower [10:45] Understanding the borrower: Time, Money & Expertise [11:41] Understanding the character and seriousness of the borrower [12:15] Helping borrowers become successful and knowing their end goal [19:18] Rates on mortgages [21:41] Why go on private financing? [22:13] Profit gain on flips from private financing [23:23] Maintaining a relationship with the right banks [26:29] Default rate in lenders  
    Link:
    angie@pjmortgages.com
    http://thewindrosegroup.ca/

    • 25 min
    Access Private and Hard Money Lending in the US with Kendra Rommel

    Access Private and Hard Money Lending in the US with Kendra Rommel

    In this episode, Kendra Rommel, an asset-based lender from the American Association of Private Lenders will discuss how to access private money for your real estate projects and investments. She will share her expertise on hard money and private money lending and how they differ, plus how it benefits any investor. She will also highlight some important need to knows - when investing in these types of loans.
    Highlights:
    Documentations needed for international investors  What to look at for a deal/ asset class, location, potential future value, Difference between hard money and private money 09:36 What hard money is  True Private Money  Lending for first-time investors Time factor component of investing Preferrable Domestic rates Causes of positive and negative loan investments Surrounding yourself with the right people when investing  
    Links:
    IG: @kendrarommel
    FB: @kendrarommel
    Website: therommelteam.com
    Email: kendra.rommel@civicfs.com

    • 25 min
    How a cop retired early thanks to financial education, a side hustle & passive investing with Pete Galopoulos

    How a cop retired early thanks to financial education, a side hustle & passive investing with Pete Galopoulos

     “Formal education will make you a living; self-education will make you a fortune.” - Jim Rohn
    In this episode with Pete Galopoulos, we talk about the importance of financial literacy, and his process on how he became financially free after a decade in policing. 
     
    Key Take-aways:
    What is Passive investing and how can it multiply your annual cashflow Investing Passively VS Actively Saving and Buying Real Estate Private Lending Private mortgages and what it looks like Lending money secured by real estate Importance of due diligence Pension plans: knowing pension providers and how it works Diversifying what you own through different strategies  
    Books:
    Rich Dad, Poor Dad  
    Total Money Makeover  
    Simple Wealth, Inevitable Wealth 

    • 24 min

Customer Reviews

5.0 out of 5
20 Ratings

20 Ratings

Winwithhim Mike ,

Great information

Really great info and energy on this podcast. Those looking to build upon there knowledge I highly suggest it...

Beautybylisadee ,

Awesome Guidance

Dave is a wealth of knowledge! My son is a 21 year old police officer. Dave’s real estate investing advice has been solid & on point! He’s helped set my son up for a bright profitable future! We highly recommend his podcast & coaching!

JeffTebowCunningham ,

Much Needed

Cant wait to tune into a guy giving back a voice to many that are ready to help.

can’t wait for Joe Vargus interview great guy

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