Eddie Esparza is a real estate investor and the co-founder/CIO of Diversified Equity Partners, where he helps professionals achieve financial freedom through real estate investments. His journey into real estate began at a young age, as he was born into it. His father had a property portfolio, and Eddie and his brother started by working in demolition, which led to them assisting with renovations and managing contractors.

Over time, Eddie became more involved in managing investments and understanding real estate dynamics, particularly in Chicago. His early goal was to steadily build a property portfolio. However, the pandemic caused a shift in his career. After being laid off during the crisis, Eddie realized he could apply the same dedication he had in his professional career to real estate. This led him to pivot into owning not just properties but a real estate business.

Determined to grow, Eddie joined a multifamily commercial real estate mastermind and has been focused on that path ever since, embracing challenges as opportunities.

This episode is a must-listen for anyone looking for inspiration and practical business tips!

Timestamps:

02:00 Eddie's Intro

06:40 Backstory to Eddie's real estate journey

12:38 Eddie's vision and Roles they play within the department

16:32 Trials and Tribulations he had to go through

34:15 Hot Seat round

35:32 Piece of advice that Eddie would give to his younger self

41:06 Strategy he implemented that helps drive to success

44:52 Final advice to listeners

47:38 Where to find Eddie

VISIT OUR WEBSITE https://www.forgereiacademy.com

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Apply here: https://www.forgereiacademy.com/podcast

Frank’s journey began in the humble surroundings of Maui, where he took his first entrepreneurial steps by selling spam musubis to fund his passion for fishing. But after high school, life seemed to push him into a conventional path—work or college.

He chose work, diving into the excavation industry and aiming for the top: a blade operator, a coveted role in construction. But everything changed when he moved to Dallas. Thrust into a booming environment far from his comfort zone, Frank saw the explosive growth of the DFW area and knew he had to be part of it. It was in this whirlwind of opportunity that he found his true calling: real estate.

This episode is a must-listen for anyone looking for inspiration and practical business tips!

Timestamps:

03:58 Frank's Intro and entrepreneurial journey

07:15 His key turning points—How his perspective changed

09:30 The adversities Frank has overcome

11:50 Why Frank Chose Multifamily Real Estate

13:53 His Analytical Approach and His Love for Spreadsheets

16:53 Frank’s Preferred Methods of Financing Deals and What He Looks for

18:19 What is Pref Equity?

24:12 Frank's Risk Management Considerations

28:22 Market Expectations for 2025

32:38 Hot Seat round

34:21 His favorite part of being an entrepreneur

37:45 Where to find Frank

VISIT OUR WEBSITE https://www.forgereiacademy.com

If you're interested in learning more about Real Estate and connecting with us:

JOIN OUR FACEBOOK GROUP: https://www.facebook.com/share/g/184CJG3S4w/

Be Our Guest! We are continuously working hard to help our listeners with their journey to real estate & entrepreneurship. If you think you can add value in any way to our listeners who are in the industry, then let's connect.

Apply here: https://www.forgereiacademy.com/podcast

Episode notes

Bill O'Donnell, a retired Air Force veteran, moved from feeling unfulfilled in healthcare to finding purpose and success in financial advising, all through the guiding hand of God. After years of working in roles that didn’t align with his passion, a transformative spiritual moment led him to embrace a new direction. Bill’s journey took him from uncertainty to thriving in a career that now brings him deep satisfaction, proving that divine guidance can lead us to the success we’re truly meant for.

Don’t miss this episode if you’re seeking both inspiration and actionable business advice!

Timestamps:

05:20 Bill's Introduction and journey

10:56 What Bill's passion is

14:49 What was his biggest struggle and lesson

18:19 What’s coming up next for Bill

25:53 His most applicable philosophy when selecting investments for clients

28:45 Hot seat round

33:18 Bill’s advice if he were to start again

34:41 His favorite business book

43:33 His final advice

46:05 Hot to contact Bill

VISIT OUR WEBSITE https://www.forgereiacademy.com

If you're interested in learning more about Real Estate and connecting with us:

JOIN OUR FACEBOOK GROUP: https://www.facebook.com/share/g/184CJG3S4w/

Be Our Guest! We are continuously working hard to help our listeners with their journey to real estate & entrepreneurship. If you think you can add value in any way to our listeners who are in the industry, then let's connect.

Apply here: https://www.forgereiacademy.com/podcast

Mel Kaye transitioned from a decades-long corporate sales career to founding his own agency, Life Insurance Safe Zone, after becoming disillusioned with the industry's focus on closing deals. Rejecting traditional hard-sell tactics, he built his business on authenticity, transparency, and putting clients’ needs first, leading to a successful and fulfilling new career.

Mel entered the life insurance industry after a bad personal experience with a policy that didn’t offer a return of premium option. This led him to prioritize educating clients and ensuring they don’t make the same mistake. His passion for helping people with the right coverage and transparency drives his work today.

This episode is a must-listen for anyone looking for inspiration and practical business tips!

Timestamps:

2:48 Mel's Bio and journey

05:12 What he thinks is the key to ABC (Always be Closing)

06:18 Mel's bad insurance experience

08:09 Struggles that he encountered

08:51 Lessons from his bad insurance experiences

10:38 Mel's struggles in the Corporate America

11:34 Life insurance safe zone process

17:25 How does Mel get himself well known

23:50 His biggest advice

24:33 Hot Seat round

31:07 Mel's final advice

31:21 Where to find Mel

VISIT OUR WEBSITE https://www.forgereiacademy.com

If you're interested in learning more about Real Estate and connecting with us:

JOIN OUR FACEBOOK GROUP: https://www.facebook.com/share/g/184CJG3S4w/

Be Our Guest! We are continuously working hard to help our listeners with their journey to real estate & entrepreneurship. If you think you can add value in any way to our listeners who are in the industry, then let's connect.

Apply here: https://www.forgereiacademy.com/podcast

In this episode of Forged in Fire, Allison, a business owner and bookkeeper, shares her journey of starting from scratch, signing her first client, and hiring her first employee.

She discusses the challenges of balancing business growth with family life as a stay-at-home mom. Allison emphasizes the importance of delegation and using systems like Asana for efficiency. She also offers advice on overcoming the fear of managing finances and the value of seeking professional help.

This episode is a must-listen for anyone looking for inspiration and practical business tips!

Timestamps:

2:30 Allison's Bio and journey

5:41 Backstory

26:31 Alli's focus

30:23 Daily habit that contributed to her success

31:43 Alli's favorite business book

34:35 Her final advice

35:16 Where to find Allison online

VISIT OUR WEBSITE https://www.forgereiacademy.com

If you're interested in learning more about Real Estate and connecting with us:

JOIN OUR FACEBOOK GROUP: https://www.facebook.com/share/g/184CJG3S4w/

Be Our Guest! We are continuously working hard to help our listeners with their journey to real estate & entrepreneurship. If you think you can add value in any way to our listeners who are in the industry, then let's connect.

Apply here: https://www.forgereiacademy.com/podcast

In this power-packed episode of Forged in Fire, Jim Pfeifer, a seasoned real estate syndicator and founder of PassivePockets, spills the secrets to his success in the world of passive investing.

From a financial advisor to a real estate mogul, Jim’s journey is full of valuable lessons on avoiding rookie mistakes, building your dream network, and finding the right community to fast-track your success.

With over 15 years of experience, he shares how learning from others’ failures can save you time and money—and why community is EVERYTHING when it comes to thriving in syndications.

If you’re ready to take your real estate game to the next level, this episode is a must-listen!

Timestamps:

02:41 Introduction to Jim Pfeifer

04:11 Backstory on

08:03 Data for Projects gets lost all the time

13:11 Jim's biggest investment mistake

28:23 Fire round Hot Seat

23:07 Jim's daily habit that contributed to his success

VISIT OUR WEBSITE https://www.forgereiacademy.com

If you're interested in learning more about Real Estate and connecting with us:

JOIN OUR FACEBOOK GROUP: https://www.facebook.com/share/g/184CJG3S4w/

Be Our Guest! We are continuously working hard to help our listeners with their journey to real estate & entrepreneurship. If you think you can add value in any way to our listeners who are in the industry, then let's connect.

Apply here: https://www.forgereiacademy.com/podcast

In this episode of the Forged in Fire Podcast, we’re joined by Jonathan Chambless, Founder & CEO of LV8RLABS. He shares his vast knowledge of Asset & Risk Management, focusing on how blockchain technology is revolutionizing industries.

With over a decade of experience in CRE Management & Development, Jonathan discusses his journey from Mid-Rise Portfolio Manager to Commercial General Contractor, and his commitment to decentralization and self-sovereign data.

Tune in for a deep dive into how cutting-edge technology is transforming asset management and creating more equitable, transparent systems!

Timestamps:

02:42 Introduction to Jonathan Chambless

04:11 Backstory on Jonathan Chambless

08:03 Data for Projects gets lost all the time

09:26 Carfax comparison

15:04 Is your company comparable to a CoStar product?

23:18 Fire round Hot Seat

31:19 How to connect with Jonathan Chambless

VISIT OUR WEBSITE https://www.forgereiacademy.com

If you're interested in learning more about Real Estate and connecting with us:

Watch on YouTube: ??? ADD LINK PLEASE

JOIN OUR FACEBOOK GROUP: https://www.facebook.com/share/g/184CJG3S4w/

Be Our Guest! We are continuously working hard to help our listeners with their journey to real estate & entrepreneurship. If you think you can add value in any way to our listeners who are in the industry, then let's connect.

Apply here: https://www.forgereiacademy.com/podcast

Nate Pharmer and Cole Farrell discuss the importance of setting clear goals and tracking progress in business. They emphasize the need for a documented plan, including the "why" behind goals, and the significance of tracking key performance indicators (KPIs) such as revenue and marketing effectiveness. They highlight the importance of flexibility, using a hypothetical golf ball business to illustrate how to pivot strategies in response to market changes or unforeseen events. The conversation also touches on the value of standard operating procedures (SOPs) and seeking mentorship from experienced individuals to navigate challenges effectively.

Action Items:

1. ) Develop a clear goal for the new venture and understand the underlying "why" behind it.

2.) Document the goal, milestones, and action steps in writing.

3.) Identify the key performance indicators (KPIs) and metrics to track the progress of the new venture.

4.) Create standard operating procedures (SOPs) to document the processes involved in the new venture.

5.) Seek guidance and mentorship from experienced individuals who have successfully launched similar ventures.