How do you break free from financial stress when your expenses never seem to line up with your income?In this episode of The Real Wealth Formula Podcast, Brad Hovis dives deep into his personal approach for reducing expenses, escaping the debt trap, and building real wealth—no matter how inconsistent your paycheck is. You’ll learn why tracking is more powerful than “budgeting,” how to rethink credit cards and debt, and the mindset shift that can turn everyday struggles into lasting financial freedom.    💡 Key Takeaways Why wealth isn’t about having more—it’s about spending less and living on purpose How to make a spending plan you actually enjoy following The real impact of stopping debt and credit cards How faith and stewardship provide hope and strategy Stories of everyday breakthroughs on the path to financial freedom 🔗 Resources and Links Mentioned REIBIZ: reibiz.comFreedomSoft: realwealthformula.com/sponsorsPropStream: realwealthformula.com/sponsors 🤝 Connect With Us Website: www.realwealthformula.comPhone: 877-77-MOGULEmail: podcast@realwealthformula.com 📱 Social Media Channels Facebook: Real Wealth FormulaLinkedIn: Real Wealth FormulaInstagram: @realwealthformulaX (Twitter): @realwealthshowTikTok: @realwealthformulaYouTube: Real Wealth Formula   ⏳ Chapters 00:00 – Introduction02:00 – Why Most People Don’t Track Expenses04:10 – Step 1: Get Honest With Your Spending06:30 – How to Categorize Without Overwhelm09:00 – Intentionality & The Power of a Spending Plan12:15 – The Truth About Credit Card Points14:10 – The Debt Trap (Assets vs. Liabilities)17:00 – Why Paying Off Debt Beats Investing19:20 – Faith, Freedom & Money (Proverbs Lesson)21:15 – Personal Stories: Cooking to Save Money24:00 – Setting Your Freedom Target26:45 – Final Thoughts  

How do you build wealth when your income changes every month? In this episode of The Real Wealth Formula Podcast, Brad Hovis sits down with Kyle — a 33-year-old actor, voice talent, and coach who earns around $2,000 a month, has no debt, over $100K invested, yet still doesn’t feel financially free.   💡 Key Takeaways Why wealth isn’t about how much you make — it’s how much you need How Kyle became debt-free with over $100K invested on a $2K/month income The formula to reach financial freedom even with inconsistent paychecks Why passive income brings stability when your income doesn’t How to grow wealth without sacrificing calling, creativity, or faith 🔗 Resources and Links Mentioned REIBIZ: reibiz.comFreedomSoft: realwealthformula.com/sponsorsPropStream: realwealthformula.com/sponsors 🤝 Connect With Us Website: www.realwealthformula.comPhone: 877-77-MOGULEmail: podcast@realwealthformula.com 📱 Social Media Channels Facebook: Real Wealth FormulaLinkedIn: Real Wealth FormulaInstagram: @realwealthformulaX (Twitter): @realwealthshowTikTok: @realwealthformulaYouTube: Real Wealth Formula   ⏳ Chapters 00:00 – Introduction02:10 – Actor, Coach & $2K/Month Income  04:30 – Debt-Free but Not Wealthy Yet  07:15 – What Real Wealth Actually Is  09:40 – Passive Income vs. Active Income  12:00 – How Much Do You Really Need Per Month?  15:25 – Breaking the Survival Mindset  18:10 – Why Kyle Still Feels Financial Pressure  21:30 – Budget Breakdown & Real Numbers  24:55 – $100K in Investments at 33 Years Old  27:40 – Why Income Isn’t the Problem  30:20 – The Formula to Reach Real Wealth Faster  33:00 – How to Enlarge Active Income  36:15 – Creating Predictable Cash Flow as a Creative  39:05 – Investing vs. Hoarding Money  42:00 – What If You Only Needed $3K a Month?  45:10 – Faith, Purpose & Financial Calling  48:20 – Real Wealth Rating  51:00 – What Kyle Must Do Next  53:30 – Closing Thoughts    

Most people buy real estate at full price.Wealthy investors don’t — and in this episode, you’ll learn exactly how they do it. In this episode of The Real Wealth Formula Podcast, Brad Hovis sits down to break down how smart investors find and buy properties below market value — even in 2025’s competitive housing market. You’ll learn the exact process used by experienced investors to get off-market deals, work with wholesalers, negotiate directly with sellers, and avoid competing on Zillow or MLS listings. This is about strategy, not speculation — and it’s how real wealth is built in real estate. If you’re tired of getting outbid, waiting for a crash, or wondering how people keep finding good deals — this episode gives you the roadmap. 💡 Key Takeaways Why wealthy investors never pay retail for real estate How to find off-market and discounted properties The truth about wholesalers — and how to work with them How many offers it really takes to land a deal Why waiting for a housing crash is the most expensive mistake 🔗 Resources and Links Mentioned REIBIZ: reibiz.comFreedomSoft: realwealthformula.com/sponsorsPropStream: realwealthformula.com/sponsors 🤝 Connect With Us Website: www.realwealthformula.comPhone: 877-77-MOGULEmail: podcast@realwealthformula.com 📱 Social Media Channels Facebook: Real Wealth FormulaLinkedIn: Real Wealth FormulaInstagram: @realwealthformulaX (Twitter): @realwealthshowTikTok: @realwealthformulaYouTube: Real Wealth Formula   ⏳ Chapters 00:00 – Introduction01:10 – Why Most People Overpay for Real Estate03:00 – How Investors Actually Find Deals05:20 – Wholesalers & Off-Market Properties07:45 – Retail Price vs. Investor Price09:30 – How to Talk to Sellers11:15 – The Real Formula for Buying Below Market13:40 – Stop Waiting for the Perfect Market15:20 – How Wealthy People See Real Estate17:05 – What Buyers Need to Know Right Now19:00 – How to Win in This Market21:10 – Real Wealth vs. Just Owning Real Estate23:00 – Final Takeaways

Everyone’s asking what’s next for the real estate market — but few are giving real answers. In this episode of The Real Wealth Formula Podcast, host Brad Hovis breaks down what’s actually happening in the housing market for the rest of 2025. Brad cuts through the noise with a clear, data-informed, and faith-grounded conversation about market trends, investor behavior, and how to make wise financial moves even in uncertain times. This isn’t about hype or headlines — it’s about building confidence and clarity through the R.E.A.L.L. process: Reduce Expenses, Enlarge Active Income, Acquire Passive Income, Live on Passive Income, and Leave a Legacy. If you’ve been waiting to buy, invest, or expand your real estate portfolio, this episode will help you understand what’s really happening — and how to prepare for what’s next.   💡 Key Takeaways The truth about what’s coming for the 2025 housing market   Why fear-driven investing leads to missed opportunities   How to find peace and purpose in financial uncertainty   Real steps to build wealth through any market cycle 🔗 Resources and Links Mentioned REIBIZ: reibiz.comFreedomSoft: realwealthformula.com/sponsorsPropStream: realwealthformula.com/sponsors 🤝 Connect With Us Website: www.realwealthformula.comPhone: 877-77-MOGULEmail: podcast@realwealthformula.com 📱 Social Media Channels Facebook: Real Wealth FormulaLinkedIn: Real Wealth FormulaInstagram: @realwealthformulaX (Twitter): @realwealthshowTikTok: @realwealthformulaYouTube: Real Wealth Formula   ⏳ Chapters 00:00 – Welcome & Episode Intro01:20 – What’s Really Happening in Real Estate03:45 – 2025 Market Predictions07:10 – The Truth About “Waiting for the Crash”10:25 – Interest Rates and Buyer Behavior13:00 – How Investors Are Adapting16:40 – The Psychology of Market Fear20:15 – Real Estate vs. Inflation24:30 – Should You Buy or Wait?28:55 – How Wealthy People See This Market33:20 – The Biggest Mistake Buyers Are Making37:10 – Where Smart Money Is Moving in 202541:05 – How to Win in This Market45:30 – The Mindset Behind Real Wealth49:40 – The Future of Real Estate Investing53:25 – Final Thoughts and Takeaways56:10 – Real Wealth Reflection      

Most people think debt forgiveness is the finish line.For Daquarii, it was just the beginning. After getting $165,000 in student loans forgiven, she expected to feel free, but what happens when the debt is gone and purpose is still missing? In this episode of The Real Wealth Formula Podcast, host Brad Hovis sits down with Daquarii to uncover what financial freedom really looks like after the weight of debt disappears. Together, they dive into the emotional and practical side of money, rebuilding income, confidence, and purpose after years of financial pressure. This conversation reveals the other side of becoming debt-free: the mindset, meaning, and daily habits that lead to lasting freedom, not just relief. If you’ve ever thought “I should feel free by now,” this episode will change how you see financial success.   💡 Key Takeaways Debt-free doesn’t always mean free. Freedom without purpose can feel empty. Financial freedom requires rebuilding mindset and mission. Underemployment is often a mindset before it’s a money problem. The real goal isn’t debt forgiveness — it’s life transformation. 🔗 Resources and Links Mentioned REIBIZ: reibiz.comFreedomSoft: realwealthformula.com/sponsorsPropStream: realwealthformula.com/sponsors   🤝 Connect With Us Website: www.realwealthformula.comPhone: 877-77-MOGULEmail: podcast@realwealthformula.com 📱 Social Media Channels Facebook: Real Wealth FormulaLinkedIn: Real Wealth FormulaInstagram: @realwealthformulaX (Twitter): @realwealthshowTikTok: @realwealthformulaYouTube: Real Wealth Formula   ⏳ Chapters 00:00 – Introductions01:30 – Meet Daquarii04:00 – Teaching, Contracts, and Life on the Road07:00 – “Gainfully Underemployed”10:00 – Breaking Down the Budget13:00 – The Hidden Cost of Comfort16:00 – Facing Debt with Honesty20:00 – The Turning Point: $165,000 Forgiven23:00 – Processing the Miracle26:00 – The Emotional Aftermath30:00 – What Happens After the Win33:00 – Redefining Financial Freedom37:00 – The Purpose Gap41:00 – From Forgiveness to Foundation45:00 – The Real Wealth Conversation49:00 – Faith, Identity, and Purpose Alignment53:00 – Real Wealth Rating & Reflection57:00 – Closing Thoughts       

How do you actually raise private money for real estate — without hype, pressure, or losing your integrity? In this episode of The Real Wealth Formula Podcast, host Brad Hovis sits down with Adam Adams, a real estate investor who has raised millions in private capital, to uncover the real 5-step process to raising money the right way. They break down why “good deals” aren’t enough to attract investors — and how faith, integrity, and trust are the ultimate foundation for long-term wealth building. If you’ve ever struggled to find funding for your deals or wondered how top investors attract capital ethically, this episode is your roadmap to doing it with confidence and character.   💡 Key Takeaways Good deals don’t automatically attract capital — people invest in you, not just the numbers. The 5-step process to raising private money with integrity. Why building your team and your reputation comes before finding deals. The conversations that lead to real investor commitments. How character compounds faster than marketing. 🔗 Resources and Links Mentioned REIBIZ: reibiz.comFreedomSoft: realwealthformula.com/sponsorsPropStream: realwealthformula.com/sponsorsRoll Over To Retire Book: rollovertoretire.com 🤝 Connect With Us Website: www.realwealthformula.comPhone: 877-77-MOGULEmail: podcast@realwealthformula.com 📱 Social Media Channels Facebook: Real Wealth FormulaLinkedIn: Real Wealth FormulaInstagram: @realwealthformulaX (Twitter): @realwealthshowTikTok: @realwealthformulaYouTube: Real Wealth Formula   📱 Guest Details Adam AdamsLinkedinThe Podcast on Podcasting   ⏳ Chapters 00:00 – How to raise private money for real estate deals00:35 – The truth: good deals don’t automatically attract money01:00 – Step 1: Get educated before you raise capital02:00 – Step 2: Select a strong market with tailwinds03:06 – Step 3: Build your team before finding deals06:30 – Step 4: Start raising capital before you have a deal08:26 – How to talk to investors and get pre-commitments15:03 – Why you need triple the commitments you think22:23 – Real ways to find investors (letters, meetups, events)25:48 – How to stay SEC-compliant while raising capital28:00 – Adam’s story: almost losing $500K of investor money31:10 – Integrity builds trust (and more wealth than marketing)33:43 – Your first million comes from friends and family35:15 – The millionaire next door: real wealth doesn’t flash39:07 – Fitness, focus, and financial success (compound effect)42:00 – How small habits create big wealth45:00 – Conclusion      

How do you actually achieve financial freedom — not just more money, but more life? In this episode of The Real Wealth Formula Podcast, host Brad Hovis shares his personal journey from financial struggle to true wealth — and breaks down the exact formula that changed everything. You’ll discover the power behind the R.E.A.L. Wealth Formula, a simple, actionable path to financial freedom and legacy building:R: Reduce your monthly expensesE: Enlarge your active incomeA: Acquire passive incomeL: Live on your passive income — and leave a legacy Brad opens up about hitting rock bottom, the turning point that transformed his mindset, and how he rebuilt his financial life through discipline, purpose, and faith. This episode is packed with practical tips to help you get out of debt, grow income streams, and start living life on your terms. If you’re ready to stop surviving and start thriving, this episode is your roadmap to real wealth. 💡 Key Takeaways Real wealth isn’t just about money — it’s about freedom. You can’t build wealth without a plan to reduce expenses first. Increasing income creates options — and options create freedom. Passive income is the key to long-term stability. Leaving a legacy means building something that outlives you. 🔗 Resources and Links Mentioned REIBIZ: reibiz.comFreedomSoft: realwealthformula.com/sponsorsPropStream: realwealthformula.com/sponsorsWells Fargo: wellsfargo.com 🤝 Connect With Us Website: www.realwealthformula.comPhone: 877-77-MOGULEmail: podcast@realwealthformula.com 📱 Social Media Channels Facebook: Real Wealth FormulaLinkedIn: Real Wealth FormulaInstagram: @realwealthformulaX (Twitter): @realwealthshowTikTok: @realwealthformulaYouTube: Real Wealth Formula   ⏳ Chapters 00:00:00 - Introduction00:01:58 - What is the Real Wealth Formula?00:02:52 - Step 1: Reduce Your Monthly Expenses00:05:29 - Step 2: Enlarge Your Active Income00:08:40 - Step 3: Acquire Passive Income00:10:38 - Step 4: Live on Your Passive Income00:11:20 - The Goal of Personal Finance00:13:05 - Retirement and Wealth Defined00:14:31 - Step 5: Leave a Legacy00:15:15 - Personal Story: Overcoming Financial Struggles00:22:57 - Conclusion      

How does an 18-year-old make $5,500 in less than two days? In this episode of Real Wealth Formula, Brad Hovis shares how his son closed his first wholesale real estate deal from his college dorm room. You’ll learn the exact strategy he used, why fearlessness made all the difference, and how you can take the same steps to start building wealth. Key Takeaways Wholesaling is one of the fastest ways to start making money in real estate. Confidence and fearlessness are more important than experience. Writing consistent offers is the key to closing deals.Education is valuable, but action is what creates results. Rejection is the biggest barrier for most people. Overcoming it unlocks success. Real estate can be done part-time and still create financial freedom. Resources and Links Mentioned REIBIZ  FreedomSoft  PropStream  Free Real Wealth Formula Calculator  Connect With Us Website: www.realwealthformula.com Phone: 877-77-MOGUL Email: podcast@realwealthformula.com   Social Media Channels Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula

Wire fraud is one of the biggest threats facing real estate investors today. In this episode, Brad Hovis shares real stories of wire fraud attempts, including the time $180,000 almost disappeared. You’ll learn the simple but critical steps you must take to protect your money when sending and receiving wires. If you are investing in real estate, this episode could save you from a major financial disaster. Key Takeaways Always verify wiring instructions by phone with a trusted contact. Never rely on email alone; emails can be hacked or spoofed. Confirm details only through phone numbers you independently look up, not those listed on wiring instructions. Once verified, never accept last-minute changes to wiring instructions. Add an extra layer of security by asking questions only the real person would know. Wire fraud happens fast; catching it quickly is the only way to stop the loss. Title companies now often leave out part of the account number to force a verification call. Scammers use advanced tactics including spoofed voices, emails, and fake numbers. Stay alert. Resources and Links Mentioned REIBIZ  FreedomSoft  PropStream  Real Wealth Formula -  Connect with Us Website: www.realwealthformula.com Phone: 877-77-MOGUL Email: podcast@realwealthformula.com Social Media Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula

In this episode of The Real Wealth Formula, Brad Hovis sits down again with Rob Swanson to tackle a big question: How should new investors educate themselves on real estate? Rob shares how he taught his own kids the basics, the difference between buying property and buying a true deal, and why the most successful students always start with a clear "why." The conversation covers free vs. paid education, the role of AI, and the mindset shifts required to actually succeed in real estate investing. Key Takeaways Education starts with a clear reason why you want to invest. Without it, you will quit when things get tough. Don’t focus on buying property. Focus on buying deals that deliver cash or cash flow. Free education is everywhere, but the key is choosing the right mentor and committing to action. AI can be a powerful tool if you treat it like a coach, not just a search engine. Success comes from taking the first step and learning from experience. Specialists provide more value than generalists and usually earn more. Making more money first, then using it to acquire passive income, is a proven path to wealth. Resources and Links Mentioned REI School Rebiz FreedomSoft: Real estate investor CRM led by Rob Swanson Connect With Us Website: www.realwealthformula.com Phone: 877-77-MOGUL Email: podcast@realwealthformula.com Social Media Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula

Is Airbnb a smart investment or a risky move? In this episode, Brad Hovis shares his real-life experience owning hotels and Airbnbs to break down the pros and cons of short-term rentals. He explains how oversaturation, local regulations, competition, and hidden costs can make or break your returns. If you’ve ever thought about jumping into the Airbnb market, this episode will help you decide if it’s the right move for you. Key Takeaways Airbnb can be profitable, but success depends heavily on market conditions and local laws. Oversaturation is a major risk. A market can shift from high returns to steep losses in just one year. Permits matter. Limited-permit markets often provide more stability and protect investors. Maintenance costs are higher than expected. Short-term guests wear down properties quickly.
Reviews and responsiveness directly impact bookings and income. Not all locations work. Tourist destinations perform better than smaller markets with little demand.

 Resources and Links Mentioned REIBiz PropStream Real Estate Data Tools Free Real Wealth Formula Calculator Connect with Us Website: www.realwealthformula.com
Phone: 877-77-MOGUL
Email: podcast@realwealthformula.com Social Media Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula  

Discover the truth about the 1031 exchange. This episode tackles a common misconception: that it helps you avoid income tax. Brad Hovis and Drew McCabe explain the difference between capital gains tax and income tax. Learn the six essential rules for a successful exchange. Find out why this real estate strategy is a powerful tool for building wealth. Key Takeaways A 1031 exchange defers capital gains tax; it does not help you avoid income tax. Depreciation recapture is a tax that you must pay when you sell a property. The government incentivizes 1031 exchanges to stimulate economic activity. You must follow six specific rules to complete a 1031 exchange successfully. A qualified intermediary is required to hold funds during the exchange process. Resources & Links Mentioned Rebiz:  PropStream:     Connect with Us Website: www.realwealthformula.com Phone: 877-77-MOGUL Email: podcast@realwealthformula.com Social Media Channels Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula

Discover how to buy a hotel with no money down. Brad Hovis shares the incredible story of his Hotel Frisco deal, where he turned a creative finance strategy into over $2 million in profit. He reveals the exact steps he took, from leveraging creative finance to overcoming unexpected challenges. This episode offers a candid, detailed look at a high-stakes real estate investment, including the financial proof. Learn about the mindset, risks, and massive rewards of thinking outside the box in commercial real estate. Key Takeaways Creative Financing: You can acquire real estate without using your own money. Strategies like lease options and unsecured hard money loans are viable options. Control vs. Ownership: Brad's strategy focused on controlling the hotel through a lease with an option to purchase. This allowed him to manage and improve the asset before fully owning it. Identify Problems, Offer Solutions: Brad recognized that the hotel had a revenue problem and a rooms problem. He proposed solutions, like leveraging third-party booking sites and converting staff housing into additional rooms, to the owner. High Risk, High Reward: This deal involved significant risks, including taking on unsecured debt, maxing out credit cards, and facing unexpected construction and legal problems. Profit from Profit: Once the hotel became profitable, all subsequent expenses, including construction costs and legal fees, were paid for using the hotel’s revenue, not Brad's personal funds. Resources & Links Mentioned Rebiz FreedomSoft Social Media Channels Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula

In this episode of the Real Wealth Formula, you’ll learn how to calculate ROI the right way. The discussion covers why ROI is often misunderstood, the difference between cap rate and cash-on-cash return, and why risk matters when comparing deals. You’ll also discover how to maximize ROI using leverage, human resources, and sweat equity. If you want to make smarter investment decisions and boost your returns, this episode is for you. Key Takeaways ROI is simple: annual return divided by your total investment. Cap rate applies to properties owned free and clear.Cash-on-cash return applies when leverage is involved. ROI numbers on deals are guesses based on assumptions. Always review actual performance. Risk must be factored in when comparing leveraged vs. non-leveraged returns. Human resource ROI can be higher than real estate ROI if people generate more income than they cost. Sweat equity should focus on unique, high-value skills like acquisitions, not basic labor. Active ROI (wholesaling, business operations) and passive ROI (buy-and-hold real estate) cannot be compared directly. Both play roles in building wealth. The Real Wealth Formula: Reduce expenses, Enlarge active income, Acquire passive income, Live on passive income. Resources and Links Mentioned REI School Rebiz  Real Wealth Formula Calculator Connect with Us Website: www.realwealthformula.com Phone: 877-77-MOGUL Email: podcast@realwealthformula.com Social Media Channels Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula

Are you a high earner still living paycheck to paycheck? This episode of The Real Wealth Formula is for you. Host Brad Hovis sits down with real estate expert Rob Swanson to talk about how to find and acquire off-market real estate deals. They discuss going beyond the traditional on-market approach and how to locate motivated sellers directly. Discover the strategies for finding distressed properties and turning those leads into successful investments. Key Takeaways Go Off-Market for Better Deals: Many investors only look at properties listed on the MLS. The best deals often come from off-market properties, which you acquire directly from the seller. Direct-to-Seller Marketing is Key: To find off-market deals, you must engage in lead generation. This means finding property owners with a problem you can solve. Common motivations for selling include job transfers, inherited properties, or bad tenants. Find Success by Following Clues: Don't reinvent the wheel. Look for areas where other investors are already active and making money. Start your search by building lists based on geography and then layering on distress signals. Absentee Owners are a Goldmine: The most common lead for a deal is an absentee owner, someone who does not live in the property they own. This is often an investor or someone who inherited the property. Layering Distressed Signals: Combine a list of absentee owners with other factors like "vacant house" or "out-of-state owner." This helps pinpoint sellers who are more likely to be motivated. The Power of Direct Mail: Direct mail is a consistent and reliable way to generate leads. Using an "ugly" yellow postcard with different fonts and misaligned text can increase response rates by making the mail piece stand out. Response Rates and Conversion: Direct mail response rates are low, typically 1% or less. The key is to focus on the small percentage of responses that show genuine interest. Once you have a lead, the real work is converting it. This requires strong sales skills to identify the seller's true motivation or "why." Resources REIBiz Freedomsoft REI School   Connect with Us Website: www.realwealthformula.com Phone: 877-77-MOGUL Email: podcast@realwealthformula.com Social Media Channels Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula

In this episode of The Real Wealth Formula, Brad Hovis breaks down the difference between simply doing real estate deals and building a real estate business. He shares why active real estate investing, when treated as a business, can create more consistent income, bigger paydays, and long-term scalability. Brad explains the four essential aspects of running any business, how to balance passive and active investing, and why building skills and systems is key to escaping the rat race without giving up financial stability. Key Takeaways Real estate deals can produce large one-time profits, but a business creates ongoing income and scalability. Active real estate investing should be approached like any other business, with focus on marketing, sales, fulfillment, and support. Passive income strategies are important, but active operations can accelerate financial freedom. You do not have to quit your job to start; you can build your business part-time until it replaces your income. A variety of tools and strategies allow you to adapt to different deal scenarios and market conditions. Outsourcing tasks you are not skilled at helps you grow faster and avoid burnout. Learning the business takes time, just like any other professional skill. The goal is to create a sustainable system that allows you to focus on the parts of the business you enjoy most. Resources and Links Mentioned REIBiz FreedomSoft Real Wealth Formula Calculator  Connect with Us www.realwealthformula.com Call 877-77-MOGULpodcast@realwealthformula.com Social Media Channels Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula

This episode breaks down the BRRRR method for real estate investing. The acronym stands for Buy, Renovate, Rent, Refinance, and Repeat. Hosts Brad Hovis and Brian McClain explain how this strategy allows investors to build a portfolio with little or no personal capital. They share a personal story about their first successful deal, a long-term rental property they've held for over a decade. This proven approach helps people achieve financial freedom and build generational wealth. Takeaways Buy: Find a property at a discounted price. The podcast suggests buying at 60 or 70 cents on the dollar. Having a specific "buy box" with clear criteria, such as a 3-bed, 2-bath ranch house, helps define your search. Renovate: Improve the property to increase its value. Focus on functional renovations first, like the furnace, HVAC, plumbing, and electrical. Cosmetic changes follow to create a nice home for a future tenant. Rent: Find a great tenant to live in the renovated property. This step is when you stop spending money and start generating cash flow. The tenant pays down the mortgage, making them a key asset. Refinance: Take out a new, long-term loan on the property's new, higher value. This allows you to pull out your initial investment and renovation costs. The goal is to get your capital back, achieving an infinite return on investment. Repeat: Use the capital you pulled out to buy another property. You can repeat this process to continuously grow your real estate portfolio. Resources/Links REI School  PropStream  Connect With Us www.realwealthformula.com Call 877-77-MOGULpodcast@realwealthformula.com Social Media Channels Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula

Late rent payments can hurt your cash flow and create unnecessary stress. In this episode, Brad breaks down practical strategies to manage them effectively. He explains why setting expectations from day one is critical, how to communicate with tenants about overdue payments, and when to offer flexible arrangements without putting yourself at risk. You will learn how to enforce your lease terms, apply late fees the right way, and protect your property income. Whether you manage one rental or a growing portfolio, these steps will help you stay in control and avoid costly mistakes.   Takeaways Set clear rent payment expectations in writing before move-in. Communicate payment terms in a direct and professional manner. Offer payment plans only when it makes sense financially. Apply late fees consistently to maintain fairness. Document every conversation and agreement to protect yourself legally. Stay calm and professional when dealing with late payers. Protect your cash flow by acting quickly on missed payments. Resources / Links Mentioned Real Wealth Formula  REI Biz Connect with Us: www.realwealthformula.com Call 877-77-MOGULpodcast@realwealthformula.com   Social Media Channels Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula

Many believe you need huge amounts of cash to start real estate investing. The truth is different. In this episode, Brad Hovis shares practical strategies that require little to no money, including wholesale deals, lease options, subject-to financing, private funding, partnerships, and the BRRRR method. You will learn why education is your most valuable first investment and how creative techniques can lower your out-of-pocket costs.     Key Takeaways You do not need hundreds of thousands of dollars to start investing in real estate. Education is the most important investment for beginners. Wholesale deals and lease options can be done with minimal cash. Subject-to financing allows you to take over existing loans without paying them off immediately. Private lenders and partnerships can fund your deals if structured correctly. The BRRRR method can produce infinite ROI when done right. Master leases can create cash flow with zero purchase cost. Proper legal structuring is critical to avoid SEC violations and other penalties. Free content is helpful, but structured education reduces mistakes. Action plus education is the formula for success. Resources and Links Mentioned REI School REBIZ PropStream  FreedomSoft  Book “Over to Retire” by Brad Hovis (for self-directed IRA rollovers) Real Wealth Formula Calculator Connect with Us: www.realwealthformula.com Call 877-77-MOGULpodcast@realwealthformula.com     Social Media Channels Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula

 If you are flipping houses, timing matters. In this episode, we talk about how market seasons can make or break your profit. Learn why selling in the right months can increase your returns and how to plan your projects to match buyer demand.     Key Takeaways Market timing affects property sales prices. Homes often sell for higher prices in spring and early summer. Selling in winter may reduce your profit potential. Plan your acquisition and renovation schedule with the market cycle in mind. Compare your projected sale timing with past market trends before listing.   Resources / Links Mentioned Free course: Visit www.RealWealthFormula.com     Connect with Us www.realwealthformula.com Call 877-77-MOGUL podcast@realwealthformula.com     Social Media Channels Facebook: Real Wealth Formula LinkedIn: Real Wealth Formula Instagram: @realwealthformula X: @realwealthshow TikTok: @realwealthformula YouTube: Real Wealth Formula