The Millionaire Journey Podcast

Glenn Yaney
  • 5.0 (4)
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  • UPDATED WEEKLY
The Millionaire Journey Podcast

The goal of this podcast is to guide and empower you on your journey toward financial independence.

  1. Making Millions with Manufactured Housing: Insights from Armand Violi

    4 DAYS AGO

    Making Millions with Manufactured Housing: Insights from Armand Violi

    Episode 56 – Armand Violi “Dude, I can't [with] like new people in the industry. I can't communicate with them hard enough. Like, are you trying to just park your money somewhere? Or are you trying to make money? Because if you're trying to make money, you don't want 100% lot rents, direct build city utilities, 100% occupied renter at market at a seven cap because there's no upside. The whole point of real estate is you buy it. Rehab it, increase the value, refi or sell, move on to the next. And like so many new buyers are so obsessed with 'what's my going in cap rate, what's my day one cashflow.' But it's like, are you in the game to add value? Are you in the game to where like you're so rich, you're just parking money elsewhere? Cause if that's your game, you're probably not buying, you're not a first-time buyer. You know what mean?” Join me this week as I interview Armand Violi, real estate expert, entrepreneur, and founder of MHPvalue.com. Armand first started in the real estate industry in 2018 working under top-producing Florida real estate agents. In 2020, after seeing that the residential market was a slow path to scale, he joined Enon Winker at Other Street Advisors to focus on commercial real estate and manufactured housing communities. In his first year, he closed over $10 million in transactions but also saw an opportunity to create technology to improve lead generation and marketing. This led him to create MHPValue.com. Since then, he has sold over $150M+ in deals and has become one of the most prominent brokers in the manufactured housing and mobile home park community.     Armand and I discuss: His journey from residential real estate to manufactured housing communitiesUnique challenges and opportunities with MHPsStrategies to succeed in the MHP marketNew developments and the future of manufactured housingThe significance of local market dynamics and relationshipsThe importance of cash flow vs. long-term value with investorsUsing value-add strategies to maximize returnsMHPs as a solution to the affordable housing crisisThe losing battle of park-owned homesExploring fund structures for MHPs  LinkedIn:  https://www.linkedin.com/in/armandvioli/ YouTube: https://www.youtube.com/c/ArmandVioli IG: https://www.instagram.com/armandvioli/ LinkedIn: https://www.linkedin.com/in/armandvioli/ Email: armand@mhpvalue.com   https://mhpvalue.com/ ------------------------THE MILLIONAIRE JOURNEY Get your free e-book here: Top 10 Reasons Mobile Home Parks Outperform Other Real Estate Investments Invest with Glenn: https://www.verticalequityproperties.com/about www.themillionairejourney.nethttps://www.verticalequityproperties.com/   LinkedIn: @glennyaneyX (formerly Twitter): @glennyaney Podcast Management by Kelly Carlson Creative Services

    36 min
  2. Breaking Free from Societal Norms: E.B. Tucker on Living Life on Your Own Terms

    FEB 11

    Breaking Free from Societal Norms: E.B. Tucker on Living Life on Your Own Terms

    Episode 55 – E.B. Tucker   “You have to get curious about things, right? Like my friend, Tom Morgan has a curiosity club that I joined, you have to pay to join this thing. His theory is that like the things that interest you, the things that capture your attention are trying to pull you towards like new magical realities in your life. And why not? Like people that are interested in a certain thing that's going on, it's like, just go pursue that. Well, no, I have to go to my job, which is doing something I hate. Oh, actually you don't. You actually could try to arrange your life to where you can quit that job because you're doing that job to get money that you're afraid to spend.” Join me this week as I interview E.B. Tucker, the editor of The Tucker Letter, a biweekly commentary on everything from the markets to living a full, meaningful life. E.B. is the author of Not For Sale: How to Survive and Thrive in a World that Wants to Control You and Why Gold? Why Now?: The War Against Your Wealth and How to Win It. He served as either director and or co-founder of three companies, two of which listed on major North American stock exchanges during his tenure. He has extensive experience in corporate finance, leadership, and capital structure.     EB and I discuss:   ·         The story of how he went from real estate to following his passions ·         The importance of identifying and using your unique abilities ·         How self-talk can affect and influence your mindset and outcomes ·         The importance of curiosity and lifelong learning ·         How to achieve financial independence through strategic life choices ·         Living life on your own terms and setting personal life goals ·         The impact of social norms on individual choices ·         The role of technology in financial analysis ·         The history of tariffs and their current economic implications ·         The manipulation and distortions in the housing market ·         The future of mobile homes in a challenging housing market     LinkedIn:  @e-b-tucker-78a499a The Tucker Letter Not For Sale: How to Survive and Thrive in a World that Wants to Control You Why Gold? Why Now?:The War Against your Wealth and How to Win It ------------------------THE MILLIONAIRE JOURNEY Get your free e-book here: Top 10 Reasons Mobile Home Parks Outperform Other Real Estate Investments Invest with Glenn: https://www.verticalequityproperties.com/about www.themillionairejourney.nethttps://www.verticalequityproperties.com/   LinkedIn: @glennyaneyX (formerly Twitter): @glennyaney Podcast Management by Kelly Carlson Creative Services

    48 min
  3. From Chemical Engineer to Commercial Real Estate: Mohit Chopra on Multifamily Real Estate Strategies

    FEB 4

    From Chemical Engineer to Commercial Real Estate: Mohit Chopra on Multifamily Real Estate Strategies

    Episode 54 – Mohit Chopra “And again, that's what good partners do, right? They balance each other out and you find the right middle that again some… and this is where the good partnerships comes in. Like you have different, I guess, risk exposure or different understandings of the market as well. And based on your experience, you help each other out and formulate what really might be the best strategy for the company or your partnership.” Join me this week as I interview Mohit Chopra, the founder of MV Capital Group. After 18+ years of using his chemical engineering degrees and working for several pharmaceutical companies, Mohit obtained his MBA and learned about commercial real estate. He started his real estate journey buying single-family homes but quickly realized that commercial multifamily projects had more benefits and higher cash flow. In 2021, Mohit founded MV Capital Group to focus on offering scalability and stability to passive investors wanting to build portfolios with opportunities in the commercial multifamily market.   Mohit and I discuss: His journey from chemical engineering to real estate investmentHow multifamily investments improve cash flowThe benefits of building relationships and successful partnershipsCreating separate LLCs for properties to mitigate risksHis experiences with small- to mid-size multifamily dealsStabilizing assets and regular asset managementUsing debt investors to accelerate acquisition processesEconomies of scale and combining assetsExperience and results lead to better lending opportunitiesThe importance of strategizing with your business partners  LinkedIn:  @mohit-chopra-cre Facebook: @mohit.chopra.12   https://mvcapitalgroup.org/ ------------------------THE MILLIONAIRE JOURNEY Get your free e-book here: Top 10 Reasons Mobile Home Parks Outperform Other Real Estate Investments Invest with Glenn: https://www.verticalequityproperties.com/about www.themillionairejourney.nethttps://www.verticalequityproperties.com/   LinkedIn: @glennyaneyX (formerly Twitter): @glennyaney Podcast Management by Kelly Carlson Creative Services

    19 min
  4. Overcoming Adversity to Build Wealth: John Laine’s Journey from Illness to Real Estate Success

    JAN 28

    Overcoming Adversity to Build Wealth: John Laine’s Journey from Illness to Real Estate Success

    Episode 53 – John Laine   “It is expensive. I mean we have a list of no less than 30 contractors, right? I mean, it's a paperwork nightmare. But the end result is you get to help somebody become a homeowner for the first time. I mean, yes, what we do is time consuming and costly, but the net result is you're stabilizing homes. You're giving kids a better chance to grow up in a better neighborhood. They're more likely to have healthy marriages, happy marriages. They're more likely to go to college. You're helping someone go from the bottom rung financially to the first step onto financial freedom. Like your podcast is called The Millionaire Journey, it starts with ownership.”  Join me this week as I interview John Laine, the Compassionate Capitalist and founder of the Condo.Fund. John has had an incredible entrepreneurial journey starting at the age of 11, when he and his twin brother created a “chain” of Kool-Aid stands. He bought his first house at 19 and was “house hacking” before the term existed. Fast forward to his late 20s, John was diagnosed with a brain tumor and due to medical debt lost his car, his home, and all the financial benefits he had worked to achieve. During that challenging time, John discovered flipping houses and started his path to real estate success. Today, John focuses on condo conversions with a mission to help others overcome homeownership barriers using innovative investment solutions.   John and I discuss:   ·         His entrepreneurial beginnings: Kool-Aid stands and fish breeding ·         The impact of terminal illness on his financial journey ·         How adversity influenced his life mission and career ·         Rebuilding his portfolio after the financial crash ·         Innovative solutions for housing affordability ·         The basics and process for condo conversions ·         The life-changing impact of home ownership ·         How tenant ownership improves community stability ·         Solving the housing crisis with compassion and creativity LinkedIn: @john-condo-fund https://condo.fund/ ------------------------THE MILLIONAIRE JOURNEY Get your free e-book here: Top 10 Reasons Mobile Home Parks Outperform Other Real Estate Investments Invest with Glenn: https://www.verticalequityproperties.com/about www.themillionairejourney.nethttps://www.verticalequityproperties.com/   LinkedIn: @glennyaneyX (formerly Twitter): @glennyaney Podcast Management by Kelly Carlson Creative Services

    41 min
  5. Multifamily Mastery: Bill Hamel’s Secrets to Thriving in a Competitive Market

    JAN 21

    Multifamily Mastery: Bill Hamel’s Secrets to Thriving in a Competitive Market

    Episode 52 – Bill Hamel  “And it's a challenge down there. You can't sugarcoat it. And once again, like many things in this business, being familiar with your market and having relationships in your market, I think makes the difference. I've heard conversations with people that aren't as familiar in their market or have as much of a footprint in the market. And no matter how hard they try, they can't get a premium that seems anywhere reasonable. And then you see other operators that are utilizing some of these similar techniques, as the blanket policy, and making it a heck of a lot more palatable.” Join me this week as I interview Bill Hamel, the founder of Hamel Real Estate. Bill has a 30-year track record of success with investing in real estate. Since 2019, he has narrowed his focus to multifamily property acquisition across New York, Florida, and Tennessee. Throughout his career, Bill has consistently expanded his portfolio, reaching a cumulative $70 million in properties. Bill and I discuss: ·         His journey from restaurant cook to real estate investor·         Transitioning from smaller properties to multifamily investments·         The value of mastermind groups·         Finding the right investment partners·         Releasing control and building trust in management·         Navigating debt and underwriting challenges·         Insurance strategies for multifamily properties LinkedIn: @bill-hamelFacebook: @bill.hamel.37Instagram: @billhamel90Podcast: @collectingrealestate7512 https://hamelrealestate.com/ ------------------------THE MILLIONAIRE JOURNEY Get your free e-book here: Top 10 Reasons Mobile Home Parks Outperform Other Real Estate Investments Invest with Glenn: https://www.verticalequityproperties.com/about www.themillionairejourney.nethttps://www.verticalequityproperties.com/   LinkedIn: @glennyaneyX (formerly Twitter): @glennyaney Podcast Management by Kelly Carlson Creative Services

    23 min
  6. From Marine Corps to Mobile Home Mogul: Joseph Jackson’s Real Estate Journey

    JAN 14

    From Marine Corps to Mobile Home Mogul: Joseph Jackson’s Real Estate Journey

    Episode 51 – Joseph Jackson   “So, since I started all this, my kids started homeschooling, right? And so part of their homeschooling though is that I get them involved in my business. Teaching them Excel spreadsheets to, you know… I go talk to a lawyer, I go talk to a broker, I go down to some of our parks, so they're getting the exposure of speaking to all these different types of people and different aspects of business. Every chance I get, I pass down as much knowledge as I can about this business and about money and about what we're trying to do and how we're working it. That way they can always understand that money is a tool and it's not to be viewed any other way than that. Money's not everything, but money definitely helps.” Join me this week as I interview Joseph Jackson, general partner of Prime Oak Capital and co-founder of Valhalla Investment Group, a MHP real estate investment firm. Joseph comes from a family of general contractors and mobile home park owners. After serving over 20 years in the United States Marine Corps, he returned to his roots as an MHP owner and has successfully scaled his partnerships to 5 mobile home parks, including one hosting over 250 pads.   Joseph and I discuss:   ·         Growing up in his grandparents’ mobile home park ·         How his military background has influenced his real estate journey ·         Building partnerships and creating opportunities ·         Management strategies for large MHPs ·         The importance of a strong team with large properties ·         Challenges and lessons learned with large MHPs ·         Financial literacy and involving his children in the business   LinkedIn: @joseph-dwayne-jackson   https://valhallamg.com/ https://www.primeoakcapital.com/ https://www.activedutypassiveincome.com/ ------------------------THE MILLIONAIRE JOURNEY Get your free e-book here: Top 10 Reasons Mobile Home Parks Outperform Other Real Estate Investments Invest with Glenn: https://www.verticalequityproperties.com/about www.themillionairejourney.nethttps://www.verticalequityproperties.com/   LinkedIn: @glennyaneyX (formerly Twitter): @glennyaney Podcast Management by Kelly Carlson Creative Services

    22 min
  7. Risk and Reward: Justin Moy on Fund Management and Passive Investing

    JAN 7

    Risk and Reward: Justin Moy on Fund Management and Passive Investing

    Episode 50 – Justin Moy "I invest and my investing thesis is for work optionality. You know, I want you to be able to walk away from your job with passive income. And there's generally two reasons why people do it. It's because first they want to go retire on a beach somewhere in their 30s or 40s, which is great, or because they want to take bigger risk. Whether it's working at an exciting startup where a lot of your comp is equity-based or doing your own deals, starting your own business. Cause now you can start a business and not work a regular job, and not even really need the business to do well, right? Cause all your bills are paid for. So yes, you can expose yourself to more risk when you have that income coming in. It's just about getting there."  Join me this week as I interview Justin Moy, the founder of Presidents Club Investors and host of the Passive Real Estate Strategies podcast. Justin started his journey as a real estate agent and owner, but after burning out, he explored strategies to invest in real estate passively.  With 10 years of experience in the real estate industry as an owner, investor, and syndicator, Justin now raises funds for real estate deals from a fund management perspective. Specializing in the fund-to-fund model, Justin helps high-performing professionals invest in commercial and multifamily real estate that provides cash flow, appreciation, and favorable tax benefits.   Justin and I discuss:   ·         His transition to fund management ·         How the fund-to-fund model works ·         The importance of reputation in fund management ·         Tax abatement strategies with multifamily properties ·         Rent regulations and tax benefits ·         Navigating value-add deals and risks ·         Access and returns on the fund-to-fund model ·         The risks and liquidity of debt funds ·         Investment strategies to balance risk and income ·         Learning from investment experiences   LinkedIn: @the-presidents-club-investor/ Instagram: @justinmoy21/   https://www.presidentsclubinvestors.com/ The Passive Real Estate Strategies Podcast ------------------------THE MILLIONAIRE JOURNEY Get your free e-book here: Top 10 Reasons Mobile Home Parks Outperform Other Real Estate Investments Invest with Glenn: https://www.verticalequityproperties.com/about www.themillionairejourney.nethttps://www.verticalequityproperties.com/   LinkedIn: @glennyaneyX (formerly Twitter): @glennyaney Podcast Management by Kelly Carlson Creative Services

    37 min
  8. From E-Commerce to Expanding Empire: STR Secrets from Jacobo Hernandez

    12/31/2024

    From E-Commerce to Expanding Empire: STR Secrets from Jacobo Hernandez

    Episode 49 – Jacobo Hernandez “So, a lot of people usually think a market is good, but then they don't look into that specific market to see what are the listings or the property types that are actually doing well. Because if you go for one- or two-bedroom apartments, it's super saturated. I don't have the exact numbers with me here, but I think the listing distribution that we found around those days was that between like one, two, three-, or four-bedrooms apartments or houses, that was more than 90% of all the listings. When you get above that it was decreasing and decreasing. Six-bedroom properties were 2% of all the listings in South Florida. So, you're finding that market gap, that blue ocean in the market and you're acquiring based on that, right? So that was our investment thesis.”  Join me this week as I interview Jacobo Hernandez, founder of FreedomVest. As a serial entrepreneur, Jacobo started his journey while studying business in college. While still in school, he built an e-commerce brand centered on wedding gifts that surpassed seven figures in the first 12 months. Deciding that he wanted to move away from selling products and move into real estate, he sold his e-commerce business and bought his first short-term rental property. Applying all the skills he learned from his e-commerce business; Jacobo has built a short-term rental portfolio surpassing $10 million in assets. Now with FreedomVest Capital, he is empowering others by sharing his secrets on how to invest and diversify income streams through Airbnbs and boutique hotels.   Jacobo and I discuss: His experiences running an e-commerce businessHis transition from e-commerce to real estateApplying lessons learned from e-commerce to real estate strategiesUsing data to find the market gapsScaling his short-term rental businessForced appreciation on short-term rental propertiesHis transition to boutique hotelsHis new book – Short-Term Rentals Secrets LinkedIn: @jacobo-hernandez-747299128IG: @_jacobohernandez_Facebook: @jacobohernandezpYouTube: @Freedomvest https://freedomvestcapital.com/ https://freedomvestcapital.com/strsecrets/ ------------------------THE MILLIONAIRE JOURNEY Get your free e-book here: Top 10 Reasons Mobile Home Parks Outperform Other Real Estate Investments Invest with Glenn: https://www.verticalequityproperties.com/about www.themillionairejourney.nethttps://www.verticalequityproperties.com/   LinkedIn: @glennyaneyX (formerly Twitter): @glennyaney Podcast Management by Kelly Carlson Creative Services

    17 min
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The goal of this podcast is to guide and empower you on your journey toward financial independence.

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