Join Usha Patel & Bob Wells, and Melanie & Josh McCallen for thoughtful conversations with everyday, hardworking families like yours: as we discuss the experiences that have been the touchstones of our unique journeys to financial freedom.
Wealth Building With Friends
Claim This Podcastby Bob & Usha with Melanie & Josh McCallen
5.0(6 reviews)
33 episodes
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Podcast Overview
Join Usha Patel & Bob Wells, and Melanie & Josh McCallen for thoughtful conversations with everyday, hardworking families like yours: as we discuss the experiences that have been the touchstones of our unique journeys to financial freedom.
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Publishing Since
1/5/2021
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Recent Episodes
December 3, 2021
Ep 25: Learning and Growing, From Visitor to Investor with Joanne Bradley
<p>After hearing a podcast about Renault, Joanne Bradley decided to drive down to the winery just as a visitor. Being a big history buff, she got the feel of the place, the authenticity, and the vision shared and presented in a way she could understand. Along with its history, authentic people, wind, agriculture, golf, and deer – all that was enough for her to write a check. In this episode, Joanne Bradley shares more about her investing journey at Renault Winery.</p> <p>Joanne is an advocate of Accountable Equity’s Learn and Grow Event Series, because not only do you get to come to a beautiful place, you also have the opportunity to meet great people, enjoy good food, and have fun – without the pressure! You don't have to invest. It's all about the education and seeing how our investor community works.</p> <p><strong>Here’s what we talked about:</strong></p> <ul> <li>The relationships that come from investing</li> <li>How Joanne started her investing journey with Renault</li> <li>The emotional connection being part of the Renault community</li> <li>Why more Renault is more than just a winery!</li> <li>What to expect from attending Learn and Grow at Renault</li> </ul> <p><strong>Episode Highlights:</strong></p> <p><strong>More Than Just a Winery!</strong></p> <p>The good news is that Renault is a winery, in fact, the second oldest winery in America. The better news is that it’s not dependent on just wine sales. It’s the biggest wedding business in America, having sold over 800 weddings.</p> <p>Renault is not just a winery but a community. It provides an asset for the investors as well as an income for those employees that need it. It’s a little more complex, but in a good way, because it brings in different cash flows. You can own private real estate deals and get distributions along with building wealth and building relationships.</p> <p><strong>The Relationships That Come From Investing</strong></p> <p>A nice side effect that comes from investing is the relationship you get to build with other people. When it comes to privately investing, the safest way to do it is to get to know the people you're going to invest with on top of really understanding the business.</p> <p><strong>Links:</strong></p> <p><a href="https://www.eventbrite.com/e/learn-and-grow-renault-winery-resort-tickets-165964362877"><u>Learn & Grow Event Series</u></a></p> <p><a href="https://www.renaultwinery.com/"><u>Renault Winery</u></a></p> <p><a href="https://accountableequity.com/"><u>Accountable Equity</u></a></p>
November 9, 2021
E24: SPECIAL EPISODE - Behind the Scenes at Accountable Equity
<p>In this episode, Scott Bindas, operating partner at Accountable Equity, joins us as we discuss our new offering for Phase 2 of the Renault Winery Resort.</p> <p>The Renault Winery Resort was acquired almost three years ago, and it was expected to grow over five to 10 years. We were ready to stretch that to 15 years due to the pandemic, but surprisingly, we have already well exceeded our 10-year goal of revenue. Recognizing the demand for rooms, we have decided to launch the Phase 2 development process to increase our room quantity, potentially increasing profitability.</p> <p>Now, if you're not interested in being an investor but want to learn how deals are put together, you're still welcome to listen to this episode and learn the basics as well as come to the webinars and other training we have put together.</p> <p><strong>Here’s what we talked about:</strong></p> <ul> <li>Attracting investors through quality operations</li> <li>Why investors are joining our community</li> <li>Why we’re doing Phase 2 of Renault Winery Resort</li> <li>Learning new investing terminologies</li> <li>The minimum investment for equity and returns</li> <li>Understanding the conversion option</li> <li>Participating in the upside</li> <li>The number of revenue streams from hospitality investing</li> </ul> <p><strong>Episode Highlights:</strong></p> <p><strong>Things to Look into with Hospitality Investing</strong></p> <p>Culture - As an investor, you need to look at the culture and the community that has been built. At Renault, we're genuinely touching thousands of guests, especially on weekends. And so, it’s important to be able to come and see the culture and how they treat their guests.</p> <p>Offerings - Don't worry about learning the terminologies because you don't have to know everything at once. You will learn it over time. The beauty of investing in a resort is you can have 10-20 plus revenue streams, and even more, as new ones are being created.</p> <p><strong>The Minimum Investment for Equity and Terms of Returns</strong></p> <p>Investment for equity at Renault starts at $25,000 a fund. Then you can buy at a minimum of $25,000 increments.</p> <p>One of the options available for returns is preference payment. For instance, if you put $100,000 in, and we're selling at 10% preference, you're going to be earning an equivalent of $10,000 a year, which is a much better way than almost everything else going on in the world today.</p> <p>You can buy in and make a lot of money for six years, and redeem it. Or you also have the option to convert it and potentially become a perpetual owner with us into the future.</p> <p><strong>Links:</strong></p> <p><a href="https://accountableequity.com/"><u>Accountable Equity</u></a></p> <p><a href="https://www.renaultwinery.com/"><u>Renault Winery Resort</u></a></p>
September 28, 2021
E023: Taking Baby Steps in Private Investing with Ryan & Mandy Rosenberg
<p> Born and raised in New Jersey, Ryan & Mandy Rosenberg met in high school, got married in 2003 and now live in Hightstown, New Jersey, an old, one-square-mile town founded in 1721. As a teacher and administrator in public education, Mandy never paid that much attention to the person who would show up in the faculty room once a month to talk to them about their investments. She later realized that once you open your mind to what this path could yield, it opens the door to more opportunities, and sometimes, you just have to take baby steps. They made their first jump into private investing helping out a local brewery.</p> <p><strong>Here’s what we talked about:</strong></p> <ul> <li>What drew them to Accountable Equity</li> <li>Their first jump into private investing at a local brewery</li> <li>Looking at all investing options</li> <li>Understanding good debt and depreciation</li> <li>Syndication vs. doing your own deal</li> </ul> <p><strong>Episode Highlights:</strong></p> <p><strong>More Than Just Investment</strong></p> <p>What drew them to Accountable Equity was how the company is taking properties that need some love and breathing new life into them. It's a great investment opportunity, but there's something more than that. It's about community building, historic preservation, and the ROI and all those things wrapped together.</p> <p>If you have been very traditional in your investing, you just have to take baby steps. The learning curve can be steep in the beginning especially when you're starting out and not knowing much. Then you begin to know a little and then it accelerates from there. You start doing some research.</p> <p><strong>Syndication vs. Doing Your Own Deal</strong></p> <p>Syndications and doing things with people like Accountable Equity that care about your money and are accountable with your equity is awesome. It's potentially going to yield far better than Wall Street. Although nobody knows the crystal ball, it should because of the direct access to the actual deal. And if you have that passion and you're an active investor, you should and can build more wealth quickly that way.</p> <p>The syndications are growing nicely. But sometimes, if you run your own project yourself, you can grow it quicker. There are also more opportunities. When you own your own private house or short term rental, you have all the tools available to you such as a debt and of your own capital going in and maybe pulling it back out. You're in charge and you can liquidate it.</p> <p><strong>Links:</strong></p> <p><a href="http://www.oldhightsbrewingcompany.com/"><u>www.oldhightsbrewingcompany.com</u></a></p> <p><a href="http://www.accountableequity.com/"><u>www.AccountableEquity.com</u></a></p>
33 total episodes available
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