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Financial Freedom Fighters
Jacob Sandoval & Michael Magno
34 episodes
2 months ago
Send us a text In this episode, we explore the intentional steps needed to achieve financial freedom by your forties, focusing on key milestones in your twenties, thirties, and forties. Learn why setting financial goals is crucial, how to build a strong financial foundation, and the importance of increasing income, investing wisely, and creating passive income streams. We also discuss setting net worth targets for each decade and highlight the significance of lifestyle design in your forties....
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Investing
Business
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All content for Financial Freedom Fighters is the property of Jacob Sandoval & Michael Magno and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Send us a text In this episode, we explore the intentional steps needed to achieve financial freedom by your forties, focusing on key milestones in your twenties, thirties, and forties. Learn why setting financial goals is crucial, how to build a strong financial foundation, and the importance of increasing income, investing wisely, and creating passive income streams. We also discuss setting net worth targets for each decade and highlight the significance of lifestyle design in your forties....
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Investing
Business
Episodes (20/34)
Financial Freedom Fighters
EP #34 - Major Money Milestones in Your 20s, 30s & 40s
Send us a text In this episode, we explore the intentional steps needed to achieve financial freedom by your forties, focusing on key milestones in your twenties, thirties, and forties. Learn why setting financial goals is crucial, how to build a strong financial foundation, and the importance of increasing income, investing wisely, and creating passive income streams. We also discuss setting net worth targets for each decade and highlight the significance of lifestyle design in your forties....
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5 months ago
35 minutes

Financial Freedom Fighters
EP #33 - Listen to This If You're Tired of Being Broke (7 Money Mistakes)
Send us a text In this episode, we dive into the seven critical money mistakes that are preventing you from achieving financial freedom. From living paycheck to paycheck to ignoring investing, we break down common financial pitfalls and offer actionable tips to help you get ahead. Learn why having an emergency fund, a financial plan, and multiple income sources are essential for financial security. Plus, discover the importance of understanding your spending habits and having a clear goal. Tu...
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6 months ago
30 minutes

Financial Freedom Fighters
EP #32 - You Don’t Need an LLC to Buy Rental Properties (Here’s Why)
Send us a text In this episode of the Financial Freedom Fighters Podcast, hosts Jacob Sandoval and Michael Magno dive into the common question: 'Do you need an LLC to invest in rental properties?' They explore the pros and cons of setting up an LLC, discussing liability protection, financing complications, and the misconceptions about additional tax benefits. Jacob and Michael share their personal experiences and emphasize the importance of getting started in real estate investing without get...
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7 months ago
21 minutes

Financial Freedom Fighters
EP #31 - The American Dream is Dead (Here’s What to Do Instead)
Send us a text In this episode of the Financial Freedom Fighters Podcast, hosts Jacob Sandoval and Michael Magno debunk the outdated concept of the American Dream. They argue that traditional paths like working a corporate job, saving in a 401k, and hoping for a comfortable retirement no longer work in the current economic climate. Instead, they advocate for achieving financial freedom through alternative means such as real estate investing, starting side businesses, and building diversified ...
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8 months ago
30 minutes

Financial Freedom Fighters
EP #30 - 2025 Real Estate Predictions: What Every Investor Should Know
Send us a text In this episode of the Financial Freedom Fighters podcast, hosts Jacob Sandoval and Mike reflect on the 2024 real estate market and share predictions for 2025. They discuss high mortgage rates, modest home price increases, and the potential impact of the upcoming Trump administration. The episode emphasizes the importance of staying active as an investor and provides insights into economic indicators like the 10-year Treasury yield and the rental market, urging listeners to tak...
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10 months ago
44 minutes

Financial Freedom Fighters
EP #29 - One Rental Property Changed His Life – From Broke to 500+ Units
Send us a text Join us as we dive into the inspiring journey of Jay Maranan, a seasoned real estate investor who has mastered house hacking, Airbnb, out-of-state investing, and large-scale syndications. Jay shares his personal story, highlighting the importance of mindset, the power of taking action despite fear, and the value of building generational wealth. Don't miss this insightful episode filled with aha moments and actionable advice! Connect with Jay: Instagram: https://www.instagram.c...
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11 months ago
41 minutes

Financial Freedom Fighters
EP #28 - Why I Walked Away From a $250K Job—The 3 Fears I Had to Overcome
Send us a text In this episode, I share my journey of leaving a high-paying yet unfulfilling job, the fears I faced, and how I prepared financially to take the leap. I discuss practical advice for those considering quitting their job, including the importance of financial security and following one's passion. Join me as I reflect on my experiences and the steps I took to find greater fulfillment and success in real estate investing and content creation. FREE Real Estate Investing Tools & ...
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11 months ago
26 minutes

Financial Freedom Fighters
EP #27 - How To Analyze a Rental Property (Cleveland Duplex Example)
Send us a text Join Jacob Sandoval and expert realtor Michael Magno as they dive deep into the intricacies of analyzing rental properties, using a real Cleveland property as their case study. Learn how to filter properties, assess their pros and cons, and calculate potential returns using a rental property calculator. This episode provides tactical tips for first-time investors to set their expectations, budget appropriately, and make informed decisions for long-term success. FREE Real Estate...
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1 year ago
1 hour 3 minutes

Financial Freedom Fighters
EP #26 - House Flipping 101: How This Investor Lost Money (Key Lessons)
Send us a text Join Jacob Sandoval and Michael Magno in this episode as they dive into the inspiring journey of Lorenzo Mercado, a pediatric RN turned real estate investor. Lorenzo shares his evolution from struggling financially, living paycheck to paycheck, to making significant strides in the real estate space. Despite encountering unexpected challenges with his first flip, Lorenzo's story highlights the importance of perseverance, strategic action, and learning from both successes and set...
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1 year ago
41 minutes

Financial Freedom Fighters
EP #25 - The Truth About Paying Your Mortgage Off Early
Send us a text In this episode, hosts Jacob Sandoval and Michael Magno discuss the nuances of paying off your mortgage early. They explore the pros and cons based on interest rates, investment journey stages, and personal financial goals. Highlighting real-life scenarios and strategies, they emphasize the importance of having a clear vision and making informed decisions for achieving financial freedom. FREE Real Estate Investing Tools & Resources: https://www.cashflowsaga.com/links Book ...
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1 year ago
26 minutes

Financial Freedom Fighters
EP #24 - How to Buy Your First Rental Property: A Step-by-Step Guide for Beginners
Send us a text In this episode of the Financial Freedom Fighters Podcast, Jacob guides you through the 10 essential steps to buy your first rental property. From determining your goals and budget to finding an investor-friendly agent and getting your property rented out, this comprehensive guide is packed with practical advice and tools to help you start your real estate investing journey. Join Jacob to take the first steps towards achieving financial freedom through real estate. FREE Real Es...
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1 year ago
15 minutes

Financial Freedom Fighters
EP #23 - Why Turnkey Rental Properties are a Scam
Send us a text In this episode of the Financial Freedom Fighters Podcast, hosts Jacob Sandoval and Michael Magno dive deep into the concept of turnkey rental companies. They discuss the potential pitfalls and hidden challenges of these "turnkey" investments, especially for new real estate investors. Jacob and Michael emphasize the importance of doing your own due diligence, working with trustworthy, investor-friendly agents, and understanding how to effectively underwrite deals to avoid costl...
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1 year ago
28 minutes

Financial Freedom Fighters
EP #22 - Accountant Explains: Buying Your First Apartment Building
Send us a text In this episode of the Financial Freedom Fighters Podcast, host Jacob Sandoval and co-host Michael Magno interview Ian Cruz, a successful real estate investor from the Bay Area. Ian shares his journey from working as a CPA to becoming an expert in the Cincinnati real estate market. The discussion covers Ian's investment journey, including his first out-of-state multi-family investment and transitioning into larger commercial real estate deals, highlighting the importance of str...
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1 year ago
48 minutes

Financial Freedom Fighters
EP #21 - How Much Do You Need to Retire? (Why the 4% Rule is Wrong)
Send us a text In this episode, Jacob breaks down the path to financial freedom and challenges the traditional 4% rule that many rely on for retirement planning. Discover why aiming for an unrealistic retirement number can keep you trapped and how understanding your living expenses is key to setting a realistic financial freedom goal. Jacob explains how the 4% rule works and why it might not be sufficient, especially in today’s economic climate. He introduces the concept of using real estate ...
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1 year ago
8 minutes

Financial Freedom Fighters
EP #20 - Property Management 101: What New Investors Need to Know
Send us a text In this episode of the Financial Freedom Fighters podcast, hosts Jacob Sandoval and Mike Magno explore the essentials of property management for real estate investors. They discuss the importance of choosing the right property manager and outline key questions to ask during the selection process. The conversation also touches on the significance of asset management and maintaining strong tenant retention for long-term success. Jacob and Mike share practical tips and insights t...
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1 year ago
38 minutes

Financial Freedom Fighters
EP #19 - Rental Properties vs. Stocks: The Ultimate Investment Breakdown
Send us a text In this insightful video, Jacob delves into the age-old debate between investing in rental properties versus stocks. Through a comprehensive seven-round comparison, Jacob breaks down key factors such as appreciation, cash flow, level of effort, volatility, leverage, liquidity, and tax benefits. Even though there is a "winner", Jacob emphasizes the importance of aligning investment strategies with personal goals and offers a balanced perspective, revealing his own portfolio stra...
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1 year ago
14 minutes

Financial Freedom Fighters
EP #18 - Software Engineer Talks About "Nightmare" 1st Rental Property
Send us a text In this episode, Jacob interviews Liam Delumpa, a Software Engineer turned real estate investor in the San Francisco Bay Area. Liam reflects on his rollercoaster journey in real estate, starting with the nightmare of his first rental property. Through perseverance and resilience, Liam overcame the initial hurdles, honing his skills and knowledge as an investor. His eventual shift to commercial real estate highlights the importance of strategic evolution in response to market co...
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1 year ago
55 minutes

Financial Freedom Fighters
EP #17 - Breaking Down My First Airbnb: Lessons, Risks, and Numbers
Send us a text In this episode, Jacob shares the details of his first Airbnb investment —a lakefront property in Michigan. Despite the widespread pessimism of Airbnbs in the current environment and the complexities of this specific deal, Jacob moves forward, excited about the potential of the property. He reveals the property's purchase price, financing, revenue projections, and business plan. If you've been curious about the world of Airbnbs this is a must listen! FREE Real Estate Inve...
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1 year ago
28 minutes

Financial Freedom Fighters
EP #16 - Accountant Explains: Tax Advantages of Real Estate Investing
Send us a text In this episode, Jacob Sandoval and Mike Magno are joined by Tony, also known as the "CPA Dude," to explore advanced tax strategies and financial planning tactics. They dive into the intricacies of the Short-Term Rental (STR) tax loophole, real estate professional status, and the benefits of 1031 exchanges. Tony offers valuable insights on optimizing tax savings and clarifies common misconceptions about LLC ownership in the context of tax planning. Throughout the discussion, li...
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1 year ago
49 minutes

Financial Freedom Fighters
EP #15 - How Rental Properties Make You Rich (And Help You Retire Early)
Send us a text This episode dives deep into the multifaceted world of real estate investing, breaking down the four essential components—cashflow, appreciation, loan pay down, and tax benefits. Jacob uses relatable metaphors and practical examples to demystify the complexities of real estate, empowering listeners to harness its wealth-building potential. Whether you're a beginner or seasoned investor, this episode provides actionable insights to navigate the journey towards financial freedom ...
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1 year ago
10 minutes

Financial Freedom Fighters
Send us a text In this episode, we explore the intentional steps needed to achieve financial freedom by your forties, focusing on key milestones in your twenties, thirties, and forties. Learn why setting financial goals is crucial, how to build a strong financial foundation, and the importance of increasing income, investing wisely, and creating passive income streams. We also discuss setting net worth targets for each decade and highlight the significance of lifestyle design in your forties....