Learn Real Estate Investing | Lifestyles Unlimited

Al Gordon interviews Richard L. from Austin, TX. Richard has owned a landscape architect design firm for 22 years. His saving plan for retirement was similar to those of most Americans. He listened to his financial advisor and invested in stocks, mutual funds, and IRAs. And then the crash in 2008 wiped out half of his retirement savings. It was a turning point, and he decided to find a better investment vehicle for his money - real estate. Click to Listen Now

On today's show, Del interviews Richard L. from Austin, TX. Richard owns and is the principal architect for a firm that designs apartment complexes. His saving plan for retirement was similar to those of most Americans. He listened to his financial advisor and invested in stocks, mutual funds, and IRAs. And then the crash in 2008 wiped out half of his retirement savings. It was a turning point, and he decided to find a better investment vehicle for his money - real estate. Click to Listen Now

Del Walmsely, the founder of Lifestyles Unlimited, came up with seven principles for a well-balanced life: growth, fun, health, wealth, legacy, spirituality, and family. These areas tend to get pushed to the side when all of your time is focused on your job. Al Gordon discusses each of these principles and how you can achieve a better balance. Click to Listen Now

Most people think of retirement in terms of working into their 60s and then boarding the retirement train once they think that their savings coupled with social security benefits will be enough to live on. Social security is underfunded, though, and the government will continue to extend the retirement age, which means people will be working well into their 70s. Mike Harrison explains how Lifestyles Unlimited members control their retirement schedule rather than following the government's schedule. Click to Listen Now

Most people make commitments to work, to earning income, and to saving money in a 401(k), but they've never committed to generating passive income. Lorie discusses the safety net that passive income provides and interviews professional real estate investors, Kathy and John. They discuss how their commitments and relationship changed after joining Lifestyles Unlimited. Click to Listen Now

If you experienced a prolonged illness, physical disability, or emotional breakdown, would you be able to devote your full attention to recovery? The stress of having to think about and deal with finances during a difficult situation, whether that situation is expected or unexpected, could actually delay your recovery. Andy Webb discusses how passive income from real estate investments can relieve financial stress when both expected and unexpected events occur. Click to Listen Now

Del Walmsley and Multifamily Mentor, Curtis Haines, talk about different ways to benchmark real estate investments to grow wealth, and more importantly, net-worth more effectively. Additionally, they talk about their personal motivations for staying sharp in investing and in investment education/mentorship. In the process, they also touch on the harsh realities of retirement today, using a balance sheet to grow financially, and guiding your family to operate as a home office. Click to Listen Now

Whether you realize it or not, you most likely go about your day with a middle-class mindset. You work 40+ hours a week for someone else, save money for retirement in a 401(K), and plan to retire after working another 30 years. Al Gordon wants to help you start thinking with a millionaire's mindset. The light at the end of the tunnel does not have to be an oncoming train. Click to Listen Now

Commitment is the state or quality of being dedicated to a cause, activity, or goal. Al Gordon recommends thinking long and hard about your value system and your commitments and consider including the following tenets: i) retire in 5 years or less; ii) stop relying on 401(k)s, IRAs, and pensions for your retirement; and iii) start developing passive income. The Lifestyles Unlimited members who seriously commit to these tenets are now financially free as a result. Click to Listen Now

Do you have commitments? Do you stick to your commitments? Are they the right commitments for you? Del discusses big commitments (or goals) he made and how they've impacted his life. He learned early on that if you have the right map for your goals and stick to the map, success is inevitable. Think about the big commitments in your life. If you haven't committed to creating passive streams of income for your family, now is the time to do so. Click to Listen Now

Here's a sobering fact. More than 25% of people in the U.S. will become disabled before they reach retirement age. You could very well be one of those people who has to rely on disability benefits for social support. It will barely be enough money to get by, though. Do you have a contingency plan? Your financial situation does not have to change simply because you are disabled and can no longer work. Al Gordon explains why investing in real estate is the perfect contingency plan. Click to Listen Now

Have you thought about what would happen if your health declined or if you became disabled? It is impossible to plan for because you can't predict when it might happen. Yes, you can get disability payments, but the average disability payment is $1171 a month. Can you live on that? Del is here to tell you how to survive a short term or long term disability and still retire. Click to Listen Now

Today Del interviews Lifestyles Unlimited member, Rupa, from Dallas, TX. Rupa had something to prove. Growing up in Malaysia, her mother always told her there was no point in getting an education because she would end up in the kitchen. Hear how Rupa climbed the corporate ladder and then walked away from it all to invest in real estate. Click to Listen Now

Al Gordon walks listeners through the analysis of what Lifestyles Unlimited members view as their bread and butter - a 3 bedroom, 2 full bath single family house with good bones. Click to Listen Now

Stephen Covey coined the term abundance mindset in his 1989 bestseller, "The Seven Habits of Highly Effective People". Someone with an abundance mindset is an optimist and is genuinely happy for others when they achieve success. On today's show, Mike Harrison compares and contrasts the abundance mindset versus the scarcity mindset and explains why it is critical to have an abundance mindset as a real estate investor. Click to Listen Now