Category: Investing

How to Diversify Your Income

In today’s economy, relying on a single paycheck is becoming riskier than ever. AI, changing job markets, and economic uncertainty make income diversification more important than ever.

In this video, Dave breaks down six proven ways to diversify your income, comparing each based on:
• Short-term vs. long-term risk
• Startup capital required
• Time commitment
• Wealth-building potential
• Speed of generating meaningful income

Whether you’re looking to build passive income, invest for the future, start a side hustle, purchase rental properties, or launch your own business, this video will help you understand the advantages and tradeoffs of each strategy so you can decide which path fits your goals.

In this video you’ll learn:
✔ Why depending on one employer is becoming increasingly risky
✔ The pros and cons of investing in stocks, bonds, and commodities
✔ How real estate can create long-term wealth
✔ When side hustles make sense—and when they don’t
✔ Why building a business can offer the greatest wealth-building potential
✔ The benefits and risks of buying an existing business
If you’re serious about building financial security, increasing cash flow, and creating multiple streams of income, this video is for you.

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What Questions Should I Ask Prospective STR Contractors?

What separates a great contractor from a costly mistake when rehabbing a short-term rental?

In this video, Dave breaks down the essential questions every STR investor should ask before hiring a contractor for a renovation project—especially if you’re racing to complete a rehab in time to take advantage of cost segregation and bonus depreciation opportunities.

You’ll learn how to evaluate a contractor’s experience with investor-owned properties and short-term rentals, spot red flags in timelines and budgets, manage change orders, verify subcontractor reliability, and structure payment schedules that protect your investment. Dave also covers STR-specific design decisions that can reduce maintenance costs, improve durability, and maximize long-term returns.

Topics covered:
✅ Contractor experience and STR-specific projects
✅ Change orders, cost overruns, and budget protection
✅ Realistic timelines and project management expectations
✅ Subcontractor oversight and accountability
✅ Permits, inspections, and local market knowledge
✅ Durable design choices for high-traffic vacation rentals
✅ Cost segregation documentation requirements
✅ Draw schedules, deposits, and payment milestones
✅ Reference checks and the most important questions to ask past clients

Whether you’re planning a cosmetic refresh or a six-figure gut renovation, these questions can help you avoid delays, control costs, and hire with confidence.

What questions have you found most valuable when interviewing contractors?

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What are the REAL Returns on Real Estate?

Are real estate returns really as good as people say? In this video, we break down the real returns of real estate investing—beyond the hype and beyond the headlines.

We dig into the powerful (and often misunderstood) tax advantages of real estate, including depreciation, write-offs, and how rental income can be handled strategically. Then we walk through what you actually make back on a property over several years—factoring in cash flow, appreciation, loan paydown, and tax savings.

With a little homework and the right assumptions, the numbers can be surprisingly significant.

In this video, we cover:
📊 How to calculate true real estate returns
💰 The real impact of tax benefits on your bottom line
🏠 What happens to your equity over time
📈 Why multi-year ownership changes the math
🧮 A simple framework you can use on your own investments

Whether you’re an active investor, thinking about buying your first rental, or just curious how real estate stacks up against other investments, this breakdown will give you a clearer picture of what’s actually possible.
If you’re serious about building long-term wealth through real estate, this is a conversation you don’t want to miss.

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HSAs: Good, Better, and Best

Answering all your questions about HSAs! I’ll talk through good, better, and potentially the best strategies to use to get the most out of an HSA.

Good – Making a yearly contribution and using it within the year or in following years to pay for medical expenses tax-free.

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Deciding How Much to Pay for Stocks

Do you wonder how much you should be willing to pay to buy stock in a specific company? This video discusses this question by comparing buying stocks to buying a business and then gives you some helpful metrics to consider. The decision on whether to buy or sell stocks is up to you, but this video gives you some great guidelines!

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I’m a Long-Term Investor in Human Beings

It’s been a challenging 2025 for investors so far. While no one knows what will happen in the markets in the short-term, I’m definitely a long-term investor in human beings and our ability to innovate, create value and work together to solve even our most challenging problems!

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Where Should I Rollover My Old 401k?

This video talks about three options for old 401k rollovers. One – rolling over your old plan into your current employer’s plan. Two – rolling it over into your own IRA. And three, having a financial advisor rollover and manage your old 401k. There are pros and cons to each, but the bottom line is that choosing one of these options is almost always better than leaving it in your old employer’s plan!

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Doing the Math – Traditional vs. Roth 401(k) Contributions

We’re doing lots of math in this video to help you decide whether it makes sense to do traditional 401(k) contributions or Roth 401(k) contributions if that’s an option for you. This video is great for early to mid-career people deciding what to do in their 401(k)’s and is also great for you to share with adult children who are early in their careers. Bottom line – it often makes sense to contribute in both ways to your 401(k); however, your unique circumstances and goals may have you leaning heavily in one direction or the other!

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