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    Business

    Rat Race To Fi Podcast

    Guiding people through the Rat Race to financial independence

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    Copyright: © Rat Race To FI

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    Latest Episodes:
    Tragedy Struck and Triumph Followed - Steve Rozenberg #11 Jun 03, 2021
    Show notes

    Steve Rozenberg is an international airline pilot, author, public speaker, podcast host, mentor, and of course, real estate investor. Born and raised in Los Angeles, California, Steve remembers looking up at the sky one day and deciding that he wanted to fly planes for a living. In high school sports, he learned the importance of work ethic and tenacity. So going into the real world, he approached life with that same attitude and ultimately became a pilot 10 years ahead of most others. So as a kid in his mid 20’s making money and seeing the world, he thought he had it all. The music stopped when September 11, 2001 came. In a flash, he lost his secure job, his secure income, and his secure life. That’s what led Steve on his 2 decade long journey to where we meet him in this episode. Up to date, Steve owns about a dozen single family rentals and is invested in various self storages and mobile home parks around the country. Steve plans to continue educating and mentoring others who are where he once was.

    To get in touch with Steve, follow him on Instagram @rozenbergsteve To learn more about the Rat Race To FI Mastermind group, head over to: go.ratracetofi.com/optin and join our waiting list! You can join us in conversations such as this one, and receive so much business related knowledge when you are part of our mastermind community. SEEKING MENTOR-SHIP? Join our Mastermind: https://www.ratracetofi.com Send Us A DM On Instagram: Diego Corzo: https://www.instagram.com/realdiegocorzo Felipe Mejia: https://www.instagram.com/felipemejiarei #realestate #cashflow #rentals https://www.instagram.com/ratracetofi Email: info@ratracetofi.com


    Sweet Victorties & Ugly Defeats - Justin Hannah #10 May 27, 2021
    Show notes

    Born out of brotherly competition with his cousin, at the ripe age of 21, Justin Hannah bought his first property out in the Bay Area which served as his primary residence. Obviously, Justin had his priorities straight… But before Justin ever had a thought about investing in real estate, he was just trying to get his life on track. He dipped his toes in the military, worked in a grocery store, and at some point found his way into the lineman trade (which he worked as for several years before transitioning full time into real estate). He’s left his home state, came back, and left again. He’s made money and lost money. The theme of Justin’s story, like most entrepreneurs, is one of trials and triumphs. And that’s where we meet Justin in this episode. Up to date, Justin has sold off his six properties in California and is growing his 12-unit portfolio in Idaho. He’s done various different strategies thus far and is now focused on off-market acquisitions for buy-and-hold rentals. And along his quest to 5,000 units, Justin also hosts the Real Estate Investing 365 Podcast.

    To get in touch with Justin, follow him on Instagram @justin.hannah365 To learn more about the Rat Race To FI Mastermind group, head over to: go.ratracetofi.com/optin and join our waiting list! You can join us in conversations such as this one, and receive so much business related knowledge when you are part of our mastermind community. SEEKING MENTOR-SHIP? Join our Mastermind: https://www.ratracetofi.com Send Us A DM On Instagram: Diego Corzo: https://www.instagram.com/realdiegocorzo Felipe Mejia: https://www.instagram.com/felipemejiarei


    Beating Cancer to Flipping Houses- Brenna Leigh #09 May 20, 2021
    Show notes

    Brenna is a 29 year old real estate investor based out of Boston, MA. Before she was ever remotely involved in real estate, however, she worked at her local news station and as a nanny on the side. And the idea of ever becoming a Realtor repulsed her to the core. However, all that changed after she beat Stage 4B Hodgkin's Lymphoma Cancer. She had a sort of awakening, that she was meant for more in this world. She figured that life could be greater than juggling three jobs, being on someone else’s time, and making a total of $12 an hour. During this time was also when she entertained the idea of becoming a Realtor (thanks to her older neighbor who showed her the ropes) and as of 2019, she has since then transitioned full time into real estate. And it would be an understatement to say that her progress has taken off at lightning speed. Up to date, Brenna is House Hacking where she currently lives, has one flip under her belt, is on track to flip another three properties (one in state and two out of state), and works full time as a Realtor. Being prone to analysis paralysis, an additional goal Brenna has for herself is to improve her delegation skills as well as learning to let go of every single detail within her investments and career. Highlights and lessons learned from Brenna: 1) Turn off the media and take action. Podcasts, videos, social media, audiobooks (and regular books) are all great for your education and discernment of where you want to go and what you want to do within real estate. However, there comes a point in your journey, like Brenna explains, that you just have to turn that stuff off and focus on the task at hand. Once you narrow down your strategy and plan of action, just go ahead and do it. In this phase of your deal, by listening to other opinions and strategies, you’ll be more likely to be swayed into a different direction and that will only hinder your success at the present moment. Education is great, but know when to turn it off.

    To get in touch with Brenna, follow her on Instagram @brennaleigh21

    You can join us in conversations such as this one, and receive so much business related knowledge when you are part of our mastermind community. SEEKING MENTOR-SHIP? Join our Mastermind: https://www.ratracetofi.com Send Us A DM On Instagram: Diego Corzo: https://www.instagram.com/realdiegocorzo Felipe Mejia: https://www.instagram.com/felipemejiarei


    From Working From Home to Developing Affordable Housing -Ashley Gallacher #08 May 13, 2021
    Show notes


    Ashley Gallacher describes herself as someone who had a well rounded childhood in a well rounded environment. She did well in school, had a good mix of friends, did various extracurricular activities, and had supportive parents. So naturally, she pursued a business degree knowing that it would open up doors for her.

    And indeed, the doors did open. She found herself in a good position, making good money in the financial tech space. She had worked in this field for a couple of years since coming out of college, and everything changed when the COVID-19 pandemic upended her life (for the better!).

    When she really sat down and thought about her priorities in life, the jump from Corporate America to entrepreneurship wasn’t a difficult decision. She took on education and networking for sometime, closed a few deals, and that’s where we meet Ashley in this episode.

    Up to date, Ashley invests both in her home state of Washington and out of state in Wisconsin. She owns a total of five single family rentals, is starting up a short term, AirBNB rental property, and has a 20 unit affordable housing apartment building in development.

    Highlights and lessons learned from Ashley: 1) Be open to the signs. As Ashley explains, her transition from the W-2 life to real estate was rather abrupt. It felt as if one day she was an employee and the next, a landlord. Granted, not everyone’s transition is going to be like this. The important thing to note is to be cognisant of where life is pulling you. Like Ashley, assess your priorities, look at your options, and capitalize on your opportunities.

    2) Surround yourself with people who set the example for who you are trying to be. This is one of the reasons why networking is so important. For one thing, just by simply seeing someone else do something, it proves to you that it is indeed possible. That will make taking action and reaching your goals more easily attainable. Also, by being around people who are more skillful and knowledgeable than you are, you open yourself up to accomplishing things sooner because you are gaining from their experience and shortening your learning curve.

    3) Understand that issues are inevitable. Like Ashley says, whether it’s quitting your job, experimenting with new investment strategies, or closing deals, you are bound to run into roadblocks. However, it’ll rarely ever be the case that you (or someone you know) won’t be able to get past those roadblocks. More times than not, the solution to overcoming issues is simpler than you think. And the great thing about encountering issues and roadblocks? The more of them you run into, the more courageous you become and the better business person you will be. It’s those that hide from issues that stay fearful forever and never improve their skills nor gain any experience.

    4) Ashley’s Top Three Books Recommendation:

    1. Rich Dad Poor Dad by Robert Kiyosaki

    2. The Only Woman in the Room by Heather Terrell

    3. Traction by Gino Wickman

    To get in touch with Ashley, follow her on Instagram @rei.ashley_pnw

    To learn more about the Rat Race To FI Mastermind group, head over to: go.ratracetofi.com/optin and join our waiting list!


    House Hacks, Listings, and Mentorship - Andres Bustamante- #07 May 06, 2021
    Show notes

    House Hacks, Listings, and Mentorship with Andres Bustamante

    Originally from El Paso, and now based in Austin, TX, Andres Bustamante is a 24 year old real estate investor creating wealth through real estate sales and House Hacks. The crazy part is he only bought his first property when he was 23!

    Andres recalls that his journey to real estate began during his freshman year in college. And it wasn’t some dream job that he’d always wanted to do. It came out of necessity, having to pay for school and housing. With his options limited, and no real direction for his career, he decided to become licensed and initially started working as a leasing agent.

    Towards the end of college, Andres began to focus more and more on the rental and investing side of real estate. He absorbed as much information as he could and eventually met the likes of Diego Corzo. Andres’ story is still very much being written and that’s where we meet him in this episode.

    Up to date, Andres owns four properties consisting of one House Hack, two soon-to-be House Hacks, and an AirBNB. When he’s not putting properties for himself under contract, he works as a full time Realtor out in Austin, TX. Over the course of the next year, his goal is to obtain $7K in passive cash flow and help at least 50 families in his real estate sales business.


    To get in touch with Andres, follow him on Instagram @andresbustatx

    To learn more about the Rat Race To FI Mastermind group, head over to: go.ratracetofi.com/optin and join our waiting list!


    Long Distance Investing, Rehabbing & Marriage- Belen & Jovan Caballero #06 Apr 29, 2021
    Show notes

    Long Distance Investing, Rehabbing & Marriage Belen & Jovan Caballero - 06

    Both originally based out of California, Belen and Jovan Caballero are a husband and wife team on a fast track to financial freedom through real estate investing.

    Going up, it didn’t seem neither one of these two had reason to meet, not to mention invest in real estate. Belen tried to live the ‘chola’ life, but quickly learned that life wasn’t for her as she was someone who enjoyed doing school work, and as you can guess, the ‘chola’ life doesn’t worry too much about school. Early on, the focus was really just to get to college and figure out her life once she got there. She went in as a criminology major and eventually worked as a behavioral therapist (until real estate entered her life).

    Whereas Jovan didn’t give a lick about school. He played a ton of video games and did just enough to graduate high school (and college). He found himself at University of Phoenix as a Marine reserve, and kudos to him, graduated with a bachelors in business.

    At some point during these early years, the two met and Jovan introduced Belen to the idea of real estate investing. While she knew literally nothing about investing, she was interested in Jovan (who had already been learning about all things real estate), and so therefore she was also “interested” in real estate. She decided to give him and real estate a shot and that’s where we meet the two in this episode.

    Up to date, they are working on a rental property and are on track to close on their first fix-and-flip purchase. All in all, they have a total of eight units and are aiming to get to 10 by the end of the year, as well as do a total of three flips alongside these rentals. Jovan still works a W-2 and is inching his way to quitting his day job, as to be closer to Belen and work on their deals alongside her.


    Follow them on Instagram

    Belen @belen_the_builder Jovan @sweatynready4fi
    To learn more about the Rat Race To FI Mastermind group, head over to: go.ratracetofi.com/optin and join our waiting list!

    SEEKING MENTOR-SHIP? Join our Mastermind: https://www.ratracetofi.com Send Us A DM On Instagram: Diego Corzo: https://www.instagram.com/realdiegocorzo Felipe Mejia: https://www.instagram.com/felipemejiarei


    Becoming a Successful Investor and Business Man Against All Odds - Diego Corzo #05 Apr 22, 2021
    Show notes

    Diego Corzo is, what the U.S. Government considers, a “DREAMer.” More specifically, he is someone who immigrated to the United States before the age of 15 and has lived in the country for at least five years of the DREAM Act being enacted. He is natively from Peru, who then came to the States with his parents to pursue the American Dream, and ultimately overstayed their original Visa. And as of 2012, Diego is a DACA recipient.

    As Diego explains, even with DACA on his side, he still has no straight path to American citizenship. And it wasn’t any easier to navigate life before that. Diego always knew he was an illegal immigrant, but it wasn’t until his early adolescence that he realized that his course in life would be a little different than most of his peers. Just to name a few examples, before DACA, Diego couldn’t obtain a driver’s license, qualify for student loans and financial aid, and most certainly couldn’t be approved to mortgage any real estate.

    But as Diego shares, his story isn’t one of misfortune. It’s one of triumph and overcoming adversities.

    Up to date, Diego works full time as a Realtor in Austin, TX, where just last year, he helped sell over 50 homes. He has a portfolio of about 20 odd units, consisting of various House Hacks, traditional rentals, and Air BNBs. He’s involved in a dropshipping business, and is one half of the coaching circle for Rat Race to FI Mastermind.

    Highlights and lessons learned from Diego: 1) Resourcefulness. Diego has his parents to thank for this lesson in life. Growing up, Diego’s parents made it clear to him that he had to work with whatever he’s got. He wasn’t going to have the same “advantages” as other people he’d come across, but he had all the same potential to accomplish whatever he put his mind to.

    2) Relationships are like seeds. In other words, they’re not planted and picked all at once. As Diego was wrapping up college, he was seeking a full time position at GM as a software developer. But because of his legal issues with being able to work a W-2 job, he could not be hired as a traditional employee right away.

    3) ”Build a bigger life, not a bigger lifestyle.” Diego heard this quote from his mentor Adam Carroll, and at its core, it simply means to live below your means and to purchase experiences, not things. As Deigo explains, if you play the game right and do the right things, in the end, you’ll have the things anyway, as well as the experiences to go with it. But if you go for the things in the beginning, there’s no guarantee that you’ll still have them in the end, and you’ll have no experiences to show for it as well.

    4) Ask “Why is this happening for me?” as opposed to “Why is this happening to me?” Diego explains this simple change in syntax is key to start thinking creatively, solving problems, and overcoming obstacles because it opens your mind up to the possibilities and alternative perspectives, as opposed to closing your mind and allowing yourself to become the victim of your situation/circumstance. You begin to look for the opportunity in that particular challenge instead of giving yourself an easy excuse to quit.

    You can join us in conversations such as this one, and receive so much business related knowledge when you are part of our mastermind community. SEEKING MENTOR-SHIP? Join our Mastermind: https://www.ratracetofi.com Send Us A DM On Instagram: Diego Corzo: https://www.instagram.com/realdiegocorzo Felipe Mejia: https://www.instagram.com/felipemejiarei


    D1 Dreams to Real Estate Developments - Williams Rojas #04 Apr 15, 2021
    Show notes

    It can be said that William Rojas’ path to entrepreneurship was laid out for him long before he was born, and that it’s even in his DNA. His grandfather immigrated from Mexico to the United States with a Worker’s Visa working as a landscaper. Over time, his grandfather saved up enough money and bought several rental properties along the way. Then, growing up, William got to see his own father venture into many various businesses, both failing and succeeding, and ultimately settled into general contracting. Yet, William explains that his course in life wasn’t always the straightest. He was a football jock and didn’t do all that well in school. He hung out “with the knuckleheads” and being a minority didn’t help. Yet despite all that, he found himself playing for the USC Football Team as one of their defensive backs. It was his experience there on campus, as well as the network he built, that projected him forward in his real estate business years later. Up to date, William enjoys the fruits of financial freedom, but shows no sign or desire to let up off the gas pedal. As a matter of fact, his sole focus now is to figure out how to scale his business sustainably. He is the Head of Operations for his family-owned company TRG Investments. He also owns four properties totaling a (soon-to-be) 18 units and is looking to expand his portfolio into the Texas market. Highlights and lessons learned from William: 1) Find your unfair advantage. William, for most of his life, found himself as one of the only Latino people around in his social groups. But he didn’t let that hinder him. He let that unique perspective fuel his interest in others and allow himself to experience the world (and business) through various different lenses. And ultimately, that wisdom pays him dividends now in his goal to empower his community through real estate. Create value where no one sees opportunity. 2) Cash flow then profit. When William (and his family team) purchased their first few properties, they focused solely on being cash flow positive, despite all the equity they created through appreciation. While many investors would have taken out that cash and reinvested elsewhere, the reason they continue to hold onto these properties today is because they know what their financial goals are. Collectively, they knew they would be in a better financial position if they simply collected cash flow from rental income in order to cover their expenses and overhead. In doing that, they were able to leave the rat race and focus on more risky ventures, while simultaneously not losing the security in being able to pay their bills on a monthly basis. Know what your financial goals are. 3) Where, not when. Going back to his upbringing, William always knew entrepreneurship was going to be the end goal for him. But reflecting back on his younger, high school days, he admits that he just didn’t know when it would be. In January of 2020, he got his answer. He left the corporate world and jumped headfirst into growing his real estate business. And since then, he has not looked back. Which brings us to the next point. 4) “Be long term greedy.” Figure out what your end goal/vision is and always keep that on your mind. To get in touch with William, follow him on Instagram @warojas or on Twitter @RojasTRG To learn more about the Rat Race To FI Mastermind group, head over to: go.ratracetofi.com/optin and join our waiting list! You can join us in conversations such as this one, and receive so much business related knowledge when you are part of our mastermind community.

    SEEKING MENTOR-SHIP? Join our Mastermind: https://www.ratracetofi.com Send Us A DM On Instagram: Diego Corzo: https://www.instagram.com/realdiegocorzo Felipe Mejia: https://www.instagram.com/felipemejiarei


    Doing REI Deals and Self-Managing While Working a W-2 Job - Leo Singer #03 Apr 08, 2021
    Show notes


    Leo Singer describes himself as a “pretty average guy.” He works a day-to-day W2 job, loves sports, and grew up in your typical middle-class family. So naturally, when he reached his mid 20’s and started to make decent money for himself, he began to have a lot of fun with that money and just go back to work and wait for the next paycheck to come in again.

    Fortunately, a friend of his introduced him to a little book called Rich Dad Poor Dad, and his girlfriend at the time (now fiance) helped to set his financial life in order. Since then, Leo has continued his financing and investing education and has read something to the tune of about 60 books on this topic alone.

    Up to date, within only a span of 2.5 years, Leo and Kelsey have grown their portfolio to 7 doors, and are going into contract for a 12-unit apartment building at the time of this recording. And as far as 2021 goes, they are on track to obtain another 10 units more!

    Highlights and lessons learned from Leo: 1) Sweat equity vs. outsourcing. New investors are attracted to the idea of working on their property renovations (aka DIY), especially on their first or second property. And while there can definitely be valuable lessons in doing such labor, for Leo, the lesson for him was that that kind of work was better left off for a professional to do it for him. It wasn’t worth the time and for the money that he’d be paying, the result was 10x more than what he could’ve accomplished himself. And in the long run, it’ll prove to be a much more sustainable business model.

    2) Hiring a virtual assistant (VA) over a traditional property management company. When Leo purchased his first rental property, he was on the fence about self managing or hiring a professional property management company. On one hand, he wanted his rental business to be run the way he wanted, and on the other hand, he didn’t have the time or desire to take on a second job for himself managing tenants. So he found a pretty good middle ground—hiring a virtual assistance. By doing this, Leo retains 100% control of his real estate business, but also doesn’t have to worry about the day-to-day tasks that would otherwise pull him away from his actual day job.

    (Two books Leo recommends reading is The E-Myth Revisited by Michael Gerber and Virtual Freedom by Chris Ducker)

    3) “If you’re not nervous, you’re probably not stretching yourself.” In other words, if you don’t put yourself in a position of discomfort, you probably aren’t growing and reaching your full potential. This doesn’t mean go out and make reckless decisions or make commitments without diligence, but it does mean to overcome your initial fear and just take that step (or leap) forward. That’s how you become better.

    4) Transitioning from single family to multi-family. In the words of Leo, “It’s different but it’s not that different.” What you’ll find when you look into multi-unit properties is that there tends to be more items to consider and that the definitions to certain terms don’t necessarily mean all the same things. What you have to keep in mind, however, is to keep things simple. At the end of the day, what you’re looking for is a prospect of a good (or great!) deal. Once you find something of contention, then go deeper into your diligence and look at the nitty-gritty details, depending on exactly what type of investment strategy you’re looking for.

    To get in touch with Leo, follow him on Instagram @leosingerthe2nd

    To learn more about the Rat Race To FI Mastermind group, head over to: go.ratracetofi.com/optin and join our waiting list!


    Building Wealth Through Real Estate as a Working Mom - Ashley Kehr #02 Apr 01, 2021
    Show notes


    Early on in life, Ashley Kehr describes herself as someone who did well in school, although natural talent would be far from true. She had to really put in effort to maintain her standing, and her issue was she wasn’t the most motivated person around. All she knew was following the traditional path and maintaining the status quo.

    Based out of rural Buffalo, New York, Ashley pursued a college education in University of Albany and found herself interning for a finance company, where she made (what she considered at the time) good money. The turning point for her was when she ultimately climbed up to a full time position for her job and she realized that the corporate, cookie-cutter structure was not for her. And almost in tandem, she quit her position and became a stay-at-home mom.

    Shortly thereafter, she connected with an investor who took her on as his portfolio manager and mentored her as well. And that’s where we meet Ashley in this episode.

    Up to date, Ashley owns 36 units and her immediate focus is acquiring full-gut rehabs. She is phasing herself out of working IN her business as she focuses more on outsourcing her processes and implementing the proper systems. And as far as financial freedom goes, Ashley wants to continue living a life of flexibility and continue doing work that teaches her new things.

    To get in touch with Ashley, follow her on Instagram @wealthfromrentals

    To learn more about the Rat Race To FI Mastermind group, head over to: go.ratracetofi.com/optin and join our waiting list! You can join us in conversations such as this one, and receive so much business related knowledge when you are part of our mastermind community. SEEKING MENTOR-SHIP? Join our Mastermind: https://www.ratracetofi.com Send Us A DM On Instagram: Diego Corzo: https://www.instagram.com/realdiegocorzo Felipe Mejia: https://www.instagram.com/felipemejiarei #realestate #cashflow #rentals https://www.instagram.com/ratracetofi Email: info@ratracetofi.com


    Produced By: Buenos Diaz Media


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