115: Turn Your Home Into a Market-Beating Investment Vehicle with Joe DiSanto

In this podcast, Joe DiSanto will discuss how to turn your home into a market-beating investment vehicle. Joe spent his childhood riding BMX bikes, breakdancing, and memorizing 80’s movies, but the carefree days of youth wouldn’t last long. By 13 he was working as a busboy, helping his recently-divorced mom, and picking up some of his own tabs. A valuable lesson was learned: If you don’t deal with your money, your money will deal with you. From that point on, he made it his mission to learn everything he could about making smart money moves. It paid off. By age 30, Joe had wiped out $70k in student loans, bought his first house, and started a post-production company in Los Angeles. Over the next decade, the company grew to 30+ employees with over 5 million in annual revenue, while producing two critically-acclaimed documentaries and an Emmy-winning HBO series. During this time, he and his wife also transacted on 15 residential and commercial real estate properties. But nothing had a more life-changing impact than the birth of their son.

Semi-retirement

After a successful 19-year run in L.A., the couple decided to slow down and invest in their new family. They cashed out of the business and bought into small-town life on the Florida coast. Having semi-retired at age 43, Joe’s efforts are now focused on his educational blog Play Louder, where he shares a lifetime of fiscal know-how to help individuals and business owners navigate their finances, increase their net worth, and plan better for their future.

(00:01-10:34) Opening Segment

– Introduction of the host into the show
– Alpesh introduces the guest of the show, Joe DiSanto
– Joe tells what he does right now
– Joe also shared something interesting about himself
– The lessons Joe learned from his family situation and getting a job at an early age.

(10:35-31:19) Real Estate Investing Journey and Turn Your Home Into a Market-Beating Investment Vehicle

– How to turn home into a market-beating investment vehicle
_ The best market-beating investment vehicle
– “The best piece of rental real estate you can own is the one you are a tenant of”
– Buy real estate as soon as possible
– “Find something you can add value to”
– Factors that may affect ROI
– Is it still okay to own a house even the average median price of homes is high? Or rent the house/unit for a while?

(31:20-31:37) Break
(31:38-31:53) Second Segment

– Welcoming listeners and guest back to the show

(31:54-35:37) Fire Round

– Will Joe change the business strategy after Coronavirus?
– Joe’s favorite real estate, finance, or other related books
– Tool or website Joe recommends
– Joe’s advice to beginner investors
– How does Joe give back?
– How can Wealth Matters Podcast listeners reach out to Joe?

(35:38-36:01) Closing Segment

Reach out to Joe by visiting https://www.playlouder.com/