Learn how we made over $2M in equity in 5 years. FREE download of the ALLLL Method™ blueprint. https://bit.ly/4pUFBMD

Real estate investing and passive income are often marketed as effortless paths to financial freedom, but in Episode 45 we unpack the truth about rental properties, value-add real estate, property management, cash flow, and what it really takes to build wealth.

Joshua and Lauryn dive into the misconception that real estate is passive from day one. Whether you’re buying rentals, flipping homes, managing apartments, or scaling short-term rentals, the early stages are rarely hands-off.

They share real-life examples from their own portfolio — renovation delays, sewer backups, contractor issues, property manager challenges, and the reality of being house rich but cash broke.

Key themes in this episode:

• Why passive income requires upfront effort and risk
• The difference between buying assets and building systems
• Why even managed properties require decisions
• The stress behind value-add investing
• The loneliness of building wealth differently
• Raising kids while managing renovations and rental properties

Joshua explains that passive income becomes more passive over time as systems, automation, and teams take over. But in the beginning, it demands time, energy, capital, and resilience.

If you’re building a real estate portfolio and chasing financial freedom, this episode offers an honest, grounded look at what the journey really involves.

⭐ Support the Show

If this episode helped you, please leave a 5-star rating and a review. It takes 2 seconds and helps us reach more families building wealth in a down economy.


Connect + Support:

If you got value from this episode, share it with a friend and leave a review. Questions or guest recommendations? DM Joshua + Lauryn.

Instagram: @thebrokemillionaires_

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Want to learn more about our mastermind community? Send us a DM or visit https://bmlegacywealthbuilder.com

This podcast is for informational purposes only and is not financial, tax, or legal advice.

Learn how we made over $2M in equity in 5 years. FREE download of the ALLLL Method™ blueprint. https://bit.ly/4pUFBMD

In Episode 44, Lauryn and Joshua talk about a key lesson reinforced by Dan Martell’s coaching: when sales are going down and a product is consuming your time without paying you back, it’s time to sunset it—not emotionally, but strategically. They share real-life updates on family life, investing momentum, and what “rebuilding” looks like in 2026. Joshua breaks down a major strategic pivot inside Midnight30 Marketing: moving away from commodity orders (low-dollar, high-time) and doubling down on premium, service-based client gifting through a new brand—Impacked™.

The conversation goes deep into raising minimums, learning to say no, automating repeat orders using AI, and building a scalable “client experience gift” system designed to boost retention for coaches, educators, and membership-based businesses.

They also share updates on:
• stabilizing their Texas apartment building with new property management
• a solar + roof program that drops insurance costs dramatically
• launching the Broke Millionaires Legacy Wealth Builder community

🔥 What You’ll Learn
• Why “selling commodities” becomes a race to the bottom—and how to escape it
• How to reframe an offer and charge more by adding a service layer
• The importance of sunsetting work that drains time and kills momentum
• Why $50, $500, and $50,000 orders can cost the same amount of time
• How Joshua plans to use AI automation to process repeat orders end-to-end
• The Impacked™ concept: premium gifts + automation + retention triggers (welcome / mid-year / renewal)
• Why premium items beat cheap swag (and actually stay in people’s lives)

🧠 Key Themes
• Momentum, positivity, and rebuilding as 2026 focus words
• Letting go of “yes to everything” and protecting time with minimums
• Shifting from transactional orders to a retention-based program
• Building a business model that supports family life (not 80-hour weeks)

🧩 Mentioned in the Episode
• Dan Martell coaching framework: pivot + sunset declining offers
• Impacked™ (premium client experience gifting)
• Legacy Wealth Builder community + weekly calls + deeper coaching
• Automation using AI to reduce time spent on repeat orders
• Premium gifting for online coaches and educators

⭐ Support the Show

If this episode helped you, please leave a 5-star rating and a review. It takes 2 seconds and helps us reach more families building wealth in a down economy.


Connect + Support:

If you got value from this episode, share it with a friend and leave a review. Questions or guest recommendations? DM Joshua + Lauryn.

Instagram: @thebrokemillionaires_

Want to learn more about our mastermind community? Send us a DM or visit https://bmlegacywealthbuilder.com

This podcast is for informational purposes only and is not financial, tax, or legal advice.

#BrokeMillionairesPodcast #BusinessPivot #EntrepreneurLife

Learn how we made over $2M in equity in 5 years. FREE download of the ALLLL Method™ blueprint. https://bit.ly/4pUFBMD


Brent Bowers (thelandsharks.com) joins Joshua and Lauryn to break down how he went from broke Army officer, deployments, and debt to building freedom through vacant land investing. Brent shares the exact moment land “clicked” for him, why land beats rentals for simplicity, and how seller financing turned one small deal into predictable monthly cashflow. If you’ve ever thought land investing sounds fake, this episode will challenge that.

In This Episode, We Cover:
• Brent’s origin story: military life, family strain, and needing a way out
• Why rentals didn’t “cashflow” like promised (repairs killed profits)
• The first land deal: paying $285 in back taxes and turning it into $5,000
• Why “boring” land can be a money printer with seller finance
• How Brent uses postcards/letters to reach tax-delinquent landowners
• Seller financing: down payments, 8–12% interest, and long-term cashflow
• The biggest lie: “You can’t make money with land”
• Why beginners fail: inconsistency, perfectionism, and quitting too early
• The fastest way to lose money: skipping due diligence (call the county!)
• Tax mistakes: the painful IRS bill, and why depreciation assets matter
• Passive vs active: it’s active while building, passive once stabilized
• Long-term plan: keep taxes low, buy rentals annually (mobile parks/industrial)
• Golden rule: “Never buy on emotion”

Book recommendation: Who Not How (Benjamin Hardy + Dan Sullivan)

Brent’s Most Memorable Lessons:
• Consistency beats perfection. Send the offers, follow up, repeat.
• Due diligence is non-negotiable. “Call the county and see if it’s buildable.”
• Cash chunks + cashflow matters. Big flips are great, but monthly payments protect you in downturns.
• Land has fewer headaches. No tenants, no toilets, no HVAC repairs.

Resources + Links:
• Brent’s site: thelandsharks.com
• Land owner/data tool: landsharksdata.com
• Brent on YouTube: Brent Bowers (https://www.youtube.com/@brentlbowers)
• Postcard resource mentioned: thelandsharks.com/postcard

Connect + Support:

If you got value from this episode, share it with a friend and leave a review. Questions or guest recommendations? DM Joshua + Lauryn.

Want to learn more about our mastermind community? Send us a DM or visit https://bmlegacywealthbuilder.com

Instagram: @thebrokemillionaires_

This podcast is for informational purposes only and is not financial, tax, or legal advice.

#LandInvesting #CreativeFinance #SellerFinancing #WealthBuilding #RealEstateInvesting #BrokeMillionaires