The Broke Millionaires
Creative wealth building for everyday people.
We document our daily struggles in building wealth while raising a young family. Join us as we talk creative wealth building for everyday people and couples, that are struggling in a down economy.
https://www.instagram.com/thebrokemillionaires_
Episodes
37 episodes
E37: Buying Back Your Time to Scale Your Business
In this episode, we start with some personal updates before diving into how we’re applying Dan Martell’s “Buy Back Your Time” principle to scale our business. As life and work get busier—especially with four little ones at home—we’ve realized t...
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Episode 37
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42:59
E36: The Struggles & Triumphs of Setting up an Out of State Furnished Rental.
We sit down for several updates with our projects and dive into how we go about setting up a furnished rental out of state. One of the programs we talk bout is the
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Episode 36
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54:01
E35: Finding the Strength to Hold On & Stay the Course
In this episode we dive into some interesting statistics and talk about where you live and how you look can drastically improve your mental health and improve your ability to keep moving forward with your wealth building goals. ...
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Episode 35
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1:09:40
E34: We've Moved and Onto the Next Project
We finally finished up the project house that seemed to be never ending and got it rented. In this episode we walk through what is looked like leading up to the final minutes before the guests arrived. We were of course down to the wire on ever...
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Episode 34
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57:39
E33: The Millionaire Next Door & How Decamillionaire is the New Millionaire
The Millionaire Next Door is a book that interviewed several self-made millionaires in the 90's and finds the common traits amongst these people. We break down these 7 common traits that still hold true today. We also talk about how a million i...
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Episode 33
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51:59
E32: Taking a Leap of Faith in Acquiring an Asset
People always ask "How do you have all these properties in CA?" It's not easy that's for sure, but we find ways to make it work and continue to acquire the next asset and struggle through until it stabilizes. We are always better off in the end...
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Episode 32
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52:17
E31: How to Avoid Squatters in Your MTR & Control Your Calendar
The biggest question we hear when someone is considering the MTR strategy is "What about squatter's rights?" We go over our screening process and what we do to help prevent these type of guests in our properties. We also cover calendar control ...
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Episode 31
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1:02:36
E30: How to Market Your MTR With Top of the Market Rents While Having a Constant Flow of Leads
In this episode we provide some updates on our life, current projects and and how we are managing everything with a newborn in the fold. We do dive into MTR marketing, outlining how to make your listing stand out in searches and the ways we mar...
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Episode 30
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1:20:50
E29: How to Set Up a Mid Term Rental (MTR) to Stand Out From The Competition
In this episode we jump into how to launch your first MTR to stand out from the crowd and operate build a legitimate business with this strategy. We are looking for guests that have something helpful to share. If you or someone yo...
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Episode 29
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1:13:35
E28: How to Achieve a 7 Figure Income Using Multiple Income Streams
In this episode we break down a strategy to get you to 7 figures a year without having a single company make it big. This strategy also helps you to diversify your risk, hedge against a down economy, and makes it easier to offset your tax liabi...
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Episode 28
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50:13
E27: | Heart Failure Forced this Police Officer Into Early Retirement at 23, He Picked Himself Up & Found a New Path Which Paid Off in a Big Way | Nate Green
Nate Green is an award winning CEO, Founder, Entrepreneur, Best Selling Author and Success and Leadership Coach. His relentless spirit and grit, coupled with his passion to impact the lives of those that are hungry and driven have been a combin...
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Episode 27
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45:34
E26: The Power of Partnerships & Growing Your Network
In this episode we talk about the power of partnerships and how this can free up time, money and take your business or investing to the next level as you scale up. We also touch on how fostering and maintaining relationships can help build your...
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Episode 26
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1:07:05
E25: From Digging Ditches to Making Over $1 Million in a Year. How One Man Hustled His Way to the Top | Luke Gilbert
In this episode we interview one of the top Boise Realtors Luke Gilbert. He takes us through his journey from bartending and digging ditches on the side to making over $1 Million in a year in a very short period of time. Luke hustled his way to...
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Episode 25
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1:11:57
E24: Stock Market Crash, Tariffs and the Current State of the Economy
In this episode we break down the current stock market crash, Trump's tariffs and the direction of the economy. We also talk about how you can prepare your financial health to weather the impeding recession comes upon us. We...
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Episode 24
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1:07:02
E23: Sacrifices & Side Hustles to Build Wealth
In this episode we talk about the sacrifices and struggles we face while building wealth through real estate while raising money. We also touch on our side hustles and the income streams those are creating which have helped us to push through.&...
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Episode 23
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59:47
E22: How to Renovate a Home On a Budget Without Sacrificing Quality
In this episode we talk further in depth on how we renovate homes on a budget and still get a stylish high quality end result. When to use a contractor and when to take on a project on your own and what type of finishes to use when you are reha...
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Episode 22
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1:08:20
E21: Let's Talk About the Losses. The Less Talked About Side of Investing
In this episode we shed light on the less talked about truth of investing. When building wealth and investing you will have wins and losses, people tend not to talk about the losses and glorify the wins. We talk about the losses we have experie...
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Episode 21
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1:08:23
E20: How to Create a $600k+ Income Within 36 Months Working Part Time Using The 12 House Blue Print | William & Jodi Tingle
In this episode we interview William and Jodi tingle. William is a Investor, Coach, Speaker, and Author of “The 12 House Blueprint”. William has bought hundreds of houses all across the US, most of them Subject To...
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Episode 20
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1:02:35
E19: Financial Rules to Live By
In this episode we break down a set of financial rules we live by which really make life easier and building wealth more attainable. We cover how much we strive to spend on the home we live in, car payment, 401K contributions and appropriate sp...
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1:07:05
E:18 What Really Causes Inflation & How to Hedge Against It
In this episode we dive into the root causes of inflation and what you can do to hedge against a devaluing dollar. Cash, Gold, Properties & Bitcoin, where to park your money during a high inflation period. book recommenda...
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Episode 18
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1:14:33
E17: House Flipping & Operating Mid Term Rentals In Austin TX. Leaving The Corporate Life to Pursue Real Estate Investing Full Time | James Keller & Vivian Yip
Join us as we interview James Keller & Vivian Yip about their journey into full time real estate investing and building wealth. Vivian, formerly a program manager at Apple, fully embraced real estate in 2018 with her Real Estate Agent husba...
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Episode 17
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1:03:45
E16: Mindset to Get Through Tough Times & How Multiple Income Streams is the New Rich
In this episode we dive into mental toughness and having the mindset to get through tough times and stay the course to achieve your goals. We also dive into what is known as the New Rich in today's economic landscape by having several income st...
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Episode 16
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1:04:29
E15: How We Bought a Model X Using Section 179 Depreciation and Ended Up With a Free & Clear Family Vehicle
In this episode we dive into what section 179 depreciation is, how to utilize it and who it works well for. We outline how we purchased a brand new Tesla Mode X using this method and saved $50,000 in taxes and rebates. We also outline how to tr...
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Episode 15
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1:27:43
E14: From Warding Off Bears at a Flip to a Wholesale Deal That Made $133k. How the Hooymans Have Created a 6 Figure Side Hustle | Nick & Aja Hooyman
This episode features an interview with the Hooymans. Nick has been a long time friend who always has wild stories that are extremely entertaining. Nick and Aja talk about how they got into real estate investing while still working full time jo...
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Episode 14
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1:32:27
E13: Unique Loan Products Most People Have Never Heard of Plus Tips and Tricks on Free Government Money to Fix Up Your Primary.
Today we are talking more in depth on some unique types of loans that most people haven’t heard of. Also some tips and tricks on ways to save money and fund repairs and renovations. Family Opportunity Mortgage
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Episode 13
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1:13:03