47 |
Hrs
Mins
Secs
5
41
28
|
SEGMENTS | DURATION |
Tony’s goal is simple: To create success stories, one investor at a time. Frustrated with his W-2 career, he started his own consulting company in 2008 with a passion for helping others succeed and a desire to partner with like-minded entrepreneurs. By sharing his path on investing in real estate, as well as teaching cash flow management for consumers and small businesses, he continues to reach out to help others succeed in getting their first deal done.
Enjoy a recap of the Velocity Banking strategy, then progress to the next level when we discuss lines of credit, debt transfer and wealth accumulation. Learn how to reduce the amount of interest paid on financed investments and how to manage and maximize cashflow on your portfolio. Learners will deep dive into interest saved vs. total interest reduced, and learn how the flow of money into the portfolio is paramount for success. Specific case studies and examples will anchor the key concepts to ensure you truly comprehend the strategy. Learners will also be able to implement the methods that pay off mortgages years and decades earlier, increase their profitability, and build equity through cash flow management. Developing the Velocity Banking mindset will create opportunities and robust results for your investments, and help anchor your real estate portfolio.
This Pre-Assessment is to raise awareness of your current knowledge level and give you a glimpse of the information covered in this course.
Tony Scotty has real estate investing deals going in 5 states and has completed over 120 real estate transactions. He has consulted in Mortgage Acceleration for 8 years and currently brings in over $40k in passive income while working 15 hours per week.
In this class, Tony will review the basic Velocity Banking Strategies, including lines of credit and debt transfer, then he will move on to the advanced strategies, helping you learn how to create passive cash flow and free up more of your time.
Tony discusses reducing overall costs by making simple changes to the way income and expenses are handled.
How much does your loan actually cost you?
Tony demonstrates how reaching your goals can be as simple as re-allocating funds in different areas.
The essential tools for Velocity Banking, such as a line of credit, are discussed in this segment.
Tony discusses differences between a loan and a line of credit, such as access to available balance.
Tony explains how flow of money works, and what to do to keep track of funds.
What is the easiest way to insure that transfers are made?
Cutting out the red zone can help you to pay off debt quicker and save you money.
Learn how your daily interest can be reduced by using the chunking strategy.
Tony demonstrates the power of Velocity Banking.
Understand Velocity Banking more clearly through a demonstration using a car loan.
What about consumer debt? Can the Velocity Banking technique work?
Some of the other factors that go into Velocity Banking are discussed.
Tony shows you how to get your money working for you.
What could you afford if you could access all of your home's equity? Tony discusses his concept of "step home".
Be sure to have a reserve fund to help you to leverage your investments. Use checkpoints to monitor your cashflow.
Keep an eye on Tony's success points to insure adequate cash flow.
Tony reviews what he has covered so far and begins to teach you how to use the concepts to create more wealth.
Debt reduction is good, but wealth creation is better.
Change your state of mind to increase your flow of money.
Tony walks you through your new banking methods.
Your instructor covers what you can do to increase your return on investment and your cash flow.
Return on investment and using other people's money is covered in this segment.
What risks might you face using OPM?
Tony introduces his increase return system.
Tony continues discussing the passive income approach with a pay off example.
Tony uses a second pay off example as he continues discussing the passive income approach.
Tony goes over a private money investment.
An example of a "cash" purchase using a line of credit.
How do you manage fluctuations in income?
Tony discusses which line of credit can be used in a self-directed retirement plan.
Examples of businesses using Velocity Banking to increase cashflow.
Tony shares an existing property example.
An example property purchased on a 1031 exchange.
Tony answers questions for the studio audience.
This example demonstrates a "step home" strategy.
Remember, every investment should have an exit strategy.
Tony shows you how you can pay off one house each year.
A spread sheet and projections for paying off a house a year.
You can offer more for your properties because you are using Velocity Banking.
Thinking outside the box to create wealth and help other people.
More Q & A from the class.
...and a little more Q & A to finish up the day.
This Post-Assessment is to measure your increased knowledge and see how much information you have retained from the course.
This Post-Assessment is to measure your increased knowledge and see how much information you have retained from the course.