57 episodes

Welcome to the Passive Income Pilots Podcast – the show designed to help pilots climb to new levels of financial success.
Join Tait Duryea & Ryan Gibson, both airline pilots, business owners and investors, as they interview top experts and share practical knowledge on real estate, tax strategy, passive income and generational wealth. This one-of-a-kind show created specifically for professional pilots offers applicable strategies and tactics for improving your financial life. 
Whether you're a seasoned pilot or just starting out, we'll equip you with the expertise and confidence you need to upgrade your money and achieve true financial independence.

Passive Income Pilots Tait Duryea and Ryan Gibson

    • Business
    • 4.9 • 85 Ratings

Welcome to the Passive Income Pilots Podcast – the show designed to help pilots climb to new levels of financial success.
Join Tait Duryea & Ryan Gibson, both airline pilots, business owners and investors, as they interview top experts and share practical knowledge on real estate, tax strategy, passive income and generational wealth. This one-of-a-kind show created specifically for professional pilots offers applicable strategies and tactics for improving your financial life. 
Whether you're a seasoned pilot or just starting out, we'll equip you with the expertise and confidence you need to upgrade your money and achieve true financial independence.

    #56 - Black Box Wealth: Earning Passive Income On The Blockchain With PIVX DAO Advisor Hans Koning

    #56 - Black Box Wealth: Earning Passive Income On The Blockchain With PIVX DAO Advisor Hans Koning

    In this thought-provoking episode of Passive Income Pilots, we sit down with blockchain expert Hans Koning to navigate the complexities and opportunities within the blockchain landscape, especially in light of recent global events like the Bitcoin halving and rising geopolitical tensions. Hans shares his profound insights into how these factors influence the digital economy and illustrates practical methods for earning passive income through blockchain technologies such as staking in PIVX. Delve into discussions that not only shed light on the technical mechanics of cryptocurrencies but also explore the crucial role of decentralized autonomous organizations (DAOs) in democratizing capital. This episode provides a deep dive into how blockchain is reshaping financial paradigms by empowering individuals to manage and grow their wealth independently, paving the way for a more trust in a trustless world.

    Timestamped Show Notes:

    (00:00) Welcome and introduction of guest Hans Koning.
    (01:00) Hans’s background in technology and transition into blockchain.
    (02:00) Explanation of blockchain vs. traditional banking systems.
    (06:00) Benefits of Proof of Stake and its impact on energy efficiency.
    (08:00) Introduction to earning passive income through staking in PIVX.
    (10:00) Discussion on the role of DAOs in managing cryptocurrencies like PIVX.
    (15:00) Overview of zero knowledge proofs and their application in enhancing privacy.
    (18:00) How PIVX prioritizes privacy in its blockchain operations.
    (20:00) The potential future impact of blockchain in global finance and its integration into daily life.
    (25:00) Exploring the economic principles of PIVX and other cryptocurrencies.
    (30:00) The significance of community engagement in blockchain projects.
    (35:00) How DAOs operate and their influence on decentralized governance.
    (39:00) Closing thoughts from Hans on the importance of community and trust in blockchain.
    (43:00) Final remarks and episode wrap-up.

    Resources Mentioned:
    PIVX Official Website: PIVX.orgPIVX Mobile Wallet: MyPIVXWallet.orgPIVX Core Wallet: PIVX.org/downloadsRecommended Book: The Blockchain and the New Architecture of Trust By Kevin Werbach
    Remember to subscribe for more insights at PassiveIncomePilots.com!
    Join our growing community on Facebook
    Check us out on Instagram @PassiveIncomePilots
    Follow us on X @IncomePilots
    Get our updates on LinkedIn

    Have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com See you on the next one!

    • 43 min
    #55 - First Class Intro to Angel Investing: Turning Clutter into Opportunity with OfferUp Founder Nick Huzar

    #55 - First Class Intro to Angel Investing: Turning Clutter into Opportunity with OfferUp Founder Nick Huzar

    Ever wonder how to turn your entrepreneurial dreams into reality?

    Tune into our latest episode of Passive Income Pilots as we soar into the world of angel investing and marketplace innovation with Nick Huzar, the CEO and founder of OfferUp!

    Discover how Nick's room full of unwanted items sparked the vision for a multi-billion-dollar company that revolutionized the way we sell online. Whether you're a passive income beginner or a seasoned investor, this episode is packed with insights on startup growth, the spirit of innovation, and practical tips for investing.

    Join us as Nick shares his journey through successes, setbacks, and the continuous quest for environmental sustainability through circularity. Gear up for a flight that could change your financial trajectory forever!

    #OfferUp #AngelInvesting #PassiveIncome #StartupSuccess #EnvironmentalSustainability

    Timestamped Show Notes:

    (00:00) - Introduction to the episode with Tait Duryea and Ryan Gibson
    (02:15) - Meet Nick Huzar, the co-founder of OfferUp
    (04:30) - The conception of OfferUp and Nick's vision for a better marketplace
    (08:00) - Nick's entrepreneurial mindset and why he chooses innovation over a 9-5
    (12:25) - The early challenges and bootstrap days of OfferUp
    (16:45) - The transition from angel investing to VC funding explained
    (21:10) - How to identify and support potentially groundbreaking startups
    (26:00) - The intersection of environmental sustainability and technology
    (30:35) - The anatomy of angel, VC, and private equity investing
    (34:50) - Real-world stories of investment hits and misses
    (39:15) - Nick's fresh take on tackling environmental challenges
    (43:00) - How listeners can get involved in alternative investments
    (48:00) - Closing remarks and takeaways from Nick's experiences
    (53:30) - Outro and invitation to connect with Passive Income Pilots

    Remember to subscribe for more insights at PassiveIncomePilots.com!
    Join our growing community on Facebook
    Check us out on Instagram @PassiveIncomePilots
    Follow us on X @IncomePilots
    Get our updates on LinkedIn

    Be sure to follow Nick @nhuzar on Instagram or on X @nickhuzar for more insights!

    Have questions or want to discuss this episode? Contact us at ask@passiveincomepilots.com or record your question to be featured on the show HERE! Fly high with us next time on Passive Income Pilots!

    • 54 min
    #54 - The Inner Game of Real Estate with Leka Devatha

    #54 - The Inner Game of Real Estate with Leka Devatha

    Join us in this insightful episode of Passive Income Pilots as we explore the multifaceted world of real estate with Leka Devatha. From her early beginnings to overcoming the inherent challenges of the industry, Leka shares her journey of resilience, intuition, and strategic diversification. Discover actionable insights and inspiration whether you’re making your first investment or looking to expand your portfolio. Dive deep into the psyche of a successful investor and uncover the qualities that set apart the greats in the volatile arena of real estate.

    Timestamped Show Notes:

    (00:00) Introduction and warm welcome to Leka Devatha
    (00:21) The essence of fearlessness in real estate investing
    (02:00) How Leka transitioned from corporate to conquering real estate
    (03:23) The reality of flipping homes: Behind the scenes of Leka’s projects
    (03:44) Facing the first major challenge in real estate investment
    (04:31) A story of a significant setback and the invaluable lessons learned
    (09:46) Sharing the biggest wins in Leka’s real estate career
    (11:04) The secret behind managing numerous successful projects solo
    (14:10) Harnessing intuition and analysis to seize the best real estate opportunities
    (16:54) Finding and working with the right contractors and property managers
    (20:38) The benefits of diversifying your real estate investment strategy
    (25:38) Flipping homes as a form of passive income? Leka’s unique approach
    (26:11) Discussing the tax implications of flipping houses
    (28:09) The importance of education and taking action in real estate investing
    (32:35) How Leka’s pilot experience parallels her approach to real estate
    (35:45) Leka shares her motivation to continue in real estate despite financial freedom
    (39:39) The secret to running a successful and engaging real estate meetup
    (41:23) Closing remarks and how to connect with Leka Devatha

    Connect with Us:

    Visit our website: passiveincomepilots.comShare your experience or ask a question: ask@passiveincomepilots.com or passiveincomepilots.com/questionJoin our community on Facebook: facebook.com/groups/passivepilotsFollow Leka Devatha on Instagram for more real estate insights: @LekaDevatha

    • 45 min
    #53 - Eyes On The Horizon: Real Estate Insights from Kathy Fettke

    #53 - Eyes On The Horizon: Real Estate Insights from Kathy Fettke

    In today's episode hosts Tait Duryea and Ryan Gibson navigate through the vast skies of real estate investing with the guidance of real estate titan, Kathy Fettke. As a renowned expert and a beacon of knowledge in real estate and economics, Kathy brings invaluable insights into the current real estate market, investment strategies, and the future of property investment. Whether you're at the helm of your real estate journey or just preparing for takeoff, this episode promises to elevate your understanding of real estate investments and economic trends. Fasten your seatbelts as we explore actionable insights and timeless wisdom from Kathy Fettke, ensuring your real estate ventures soar to new heights.

    Timestamped Show Notes:

    (00:00:00) Introduction to Passive Income Pilots and Today’s Guest, Kathy Fettke.
    (00:01:00) Kathy Fettke’s Background: From Broadcast Journalism to Real Estate Mogul.
    (00:03:00) Empowering Women in Finance and Investing.
    (00:06:00) The Catalysts for Kathy’s Real Estate Journey: Personal Challenges and Insights.
    (00:08:00) Analyzing the Economic Impacts of the Pandemic on Real Estate.
    (00:10:00) The Inflation Effect: Money Supply and Real Estate Dynamics.
    (00:12:00) Navigating Interest Rates and the Surprising Resilience of the Economy.
    (00:14:00) The Resilient U.S. Economy: A Deep Dive into the Money Supply and Investment Strategies.
    (00:17:00) 2008 vs. Now: How Today’s Real Estate Market Differs from the Past.
    (00:22:00) The Future of Real Estate: Understanding Current Trends and Preparing for What’s Next.
    (00:24:00) The Role of Office and Commercial Real Estate in Today’s Market.
    (00:27:00) Kathy’s Advice for New Investors: Simplifying the Path to Real Estate Investment.
    (00:30:00) The Pitfalls to Avoid in Real Estate Investing.
    (00:33:00) The Allure and Risks of "Exciting" Real Estate Projects.
    (00:36:00) The Benefits of Investing in Real Estate: Tax Advantages and Long-Term Growth.
    (00:38:00) Overcoming Personal and Financial Challenges Through Real Estate.
    (00:41:00) Real Estate Strategies for Busy Professionals: Finding the Right Investments.
    (00:43:00) Selecting Low-Maintenance Real Estate Investments Suitable for Busy Lives.
    (00:46:00) Resources and Advice for Those New to Real Estate Investing.
    (00:49:00) How to Get Started with Real Estate Investing: The Importance of Choosing the Right Partners.

    Links and Resources:

    Get Featured On The Show!: passiveincomepilots.com/question Email Your Questions: ask@passiveincomepilots.comJoin Our Community: facebook.com/groups/passivepilotsConnect With Kathy: Real Wealth NetworkFederal Reserve of St. Louis Money SupplyHow to Conduct Due Diligence on an Investment Webinar
    Stay tuned to Passive Income Pilots for more expert insights and strategies to fuel your journey to financial independence through smart investing.

    • 51 min
    #52 - Economic Tailwinds: How 1031 Exchanges Propel Real Estate Portfolios With Kyle Williams

    #52 - Economic Tailwinds: How 1031 Exchanges Propel Real Estate Portfolios With Kyle Williams

    Unlock the potential of 1031 exchanges with Kyle Williams, Senior VP at Velocity 1031, on this enlightening episode of Passive Income Pilots. Designed for aviators aiming to navigate the complex skies of real estate investment, this discussion sheds light on tax deferral strategies that can significantly impact your financial trajectory. Whether you're new to investing or looking to optimize your portfolio, this episode offers invaluable insights into maximizing your returns while minimizing tax liabilities. Engage with us, ask your burning questions, and propel your investments to new heights.

    Timestamped Show Notes:

    (00:00:00) Introduction to Financial Empowerment in Aviation
    (00:02:43) Engaging Our Listeners
    (00:03:14) Meet Kyle Williams
    (00:04:35) Real-World Financial Solutions
    (00:07:50) From Finance to Real Estate Mastery
    (00:08:12) Unraveling 1031 Exchanges
    (00:11:11) The Crucial First Steps in 1031 Exchanges
    (00:12:26) Navigating the 45-Day Identification Window
    (00:20:38) Enhancing Property Portfolios through 1031 Exchanges
    (00:22:17) The Keystone Role of a Qualified Intermediary (QI)
    (00:24:45) Mitigating Identification Period Pressures
    (00:26:14) Extending Your Investment Horizon
    (00:38:15) The Debt Replacement Strategy in 1031 Exchanges
    (00:38:31) Mastering Partial Exchanges
    (00:40:46) Your Next Steps with Kyle Williams

    Connect with Us:

    Ask your questions and get featured on the show: PassiveIncomePilots.com/question
    Email us at ask@passiveincomepilots.com
    Join our growing community of aviation professionals: Facebook.com/passiveincomepilots
    Learn more about Kyle's work and how Velocity 1031 can assist you at Velocity1031.com

    Final Thoughts:

    This episode is a must-listen for pilots and investors seeking to understand the power of 1031 exchanges. With expert advice from Kyle Williams and legal insights from Toby Mathis, you're equipped to make informed decisions about your real estate investments. Remember, your journey to financial freedom is just a question away—reach out to us, and let's navigate the path to success together.

    • 44 min
    #51 - Navigating Turbulence: Mental Health & Legal Safeguards for Pilots with Joe LoRusso

    #51 - Navigating Turbulence: Mental Health & Legal Safeguards for Pilots with Joe LoRusso

    Join hosts Tait Duryea and Ryan Gibson on Passive Income Pilots as they engage in a profound conversation with Joe LoRusso, aviation law expert and Director of Aviation at Ramos Law.

    This episode takes an earnest look into pilot mental health and legal challenges, spotlighting the systemic issues and proposing a transformative approach to aviation industry norms.

    Joe brings invaluable dual insights from his experience in the cockpit and the courtroom. He addresses the mental health stigma, explains the intricate HIMS program, and provides expertise on dealing with DUI repercussions.

    This dialogue is a beacon for pilots and aviation professionals seeking to preserve their licensure, mental well-being, and explore alternative income opportunities within the aviation sector.

    Timestamped Show Notes:

    (0:00) Exploring the often overlooked subject of pilot mental health.(2:01) Joe's journey from pilot to prominent voice in aviation law.(6:35) The crucial shift to advocating for pilot rights in legal matters.(8:29) Dissecting the mental health dialogue in aviation.(18:23) The vital resources available for pilot mental health support.(25:45) Fostering pilot support networks within the aviation community.(32:42) Legal perspectives on navigating post-DUI scenarios for pilots.(37:49) Advocacy for the modernization of the HIMS program.(41:48) Tackling cardiovascular health in the context of pilot medical certifications.(43:31) Opportunities and insights within aviation law.(47:59) Connecting with Joe for guidance and advocacy.
    Connect with Joe LoRusso:

    LinkedIn: Joseph LoRussoExplore Ramos Law AviationFollow @RamosInjuryFirm on Facebook, YouTube, and Instagram.
    We're dedicated to guiding you along your financial flightpath. Please share this episode, leave a rating, and join us in our mission toward financial autonomy for pilots.

    For inquiries and feedback:

    Contact us at ask@passiveincomepilots.com or visit our Contact Page.
    https://passiveincomepilots.com/

    ---
    Legal Disclaimer

    The content of this podcast is provided solely for educational and informational purposes. The views and opinions expressed are those of the hosts, Tait Duryea and Ryan Gibson, and do not reflect those of any organization they are associated with, including Turbine Capital or Spartan Investment Group.

    The opinions of our guests are their own and should not be construed as financial advice. This podcast does not offer tax, legal, or investment advice. Listeners are advised to consult with their own legal or financial counsel and to conduct their own due diligence before making any financial decisions.

    The hosts, Tait Duryea and Ryan Gibson, do not necessarily endorse the views of the guests featured on the podcast, nor have the guests been comprehensively vetted by the hosts.

    Under no circumstances should any material presented in this podcast be used or considered as an offer to sell, or a solicitation of any offer to buy, an interest in any investment. Any potential offer or solicitation will be made exclusively through a Confidential Private Offering Memorandum related to the specific investment. Access to detailed information about the investments discussed is restricted to individuals who qualify as accredited investors under the Securities Act of 1933, as amended.

    Listeners are responsible for their own investment decisions and are encouraged to seek professional advice before investing.

    • 49 min

Customer Reviews

4.9 out of 5
85 Ratings

85 Ratings

Loved the Tony Robbins Show ,

Experienced and trustworthy hosts

I’ve listened to a lot of podcasts, and I am very impressed with this one. They speak to high net worth individuals, who simply don’t have time to figure out how to attain financial freedom. They simplify that process every week on this show

Moops50 ,

Very Informative for a Novice like me!

This is a great pod for the novice investor/experienced aviator. I’m listening religiously and even re-listening to catch all the good tidbits I missed on the first listen. Keep it up gents!

Airbus320-73 ,

Over the average pilot’s head.

If you know what they’re talking about, you don’t need to listen to the podcast. It’s essentially an economics podcast and not at all an investing podcast. They’re very intelligent vis a vis economics and the economy, but it doesn’t apply to passive income and the individual pilot investor. I listened to the first episode and it just felt like they were trying to impress the guest from CNBC with their knowledge vs educate their audience.

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