Facing financial ruin can feel like the end, but it doesn’t have to be. Join Bobbi Jo Phillips as we recount how we started from scratch, built back stronger, and came out on top. In this episode, we cover practical strategies for surviving hard times, the power of support systems, and the mindset shifts needed to reclaim your future.

WHAT YOU’LL LEARN FROM THIS EPISODE

• The importance of a supportive partner and family in overcoming challenges

• Creative problem-solving tactics in rebuilding your business from scratch

• Why cutting expenses aggressively is a vital first step in financial recovery

• Key qualities an entrepreneur must have to turn setbacks into opportunities

• How to leverage relationships and resources to achieve your goals

RESOURCES MENTIONED IN THIS EPISODE

• Dave Ramsey

• Southwest Airlines Rapid Rewards

• Marriott Bonvoy®

CONNECT WITH US:

• If you need help with anything in real estate, please email invest@rpcinvest.com

• Reach Ron: RP Capital

• Leave podcast reviews and topic suggestions: iTunes

• Subscribe and get additional info: Get Real Estate Success

• Facebook Group: Cash Flow Property Facebook Community

• Instagram: @ronphillips_

• YouTube: RpCapital

• Get the latest trends and insights: RP Capital Newsletter

Looking to maximize your real estate portfolio without paying taxes upfront? Then, this conversation with Shane Thompson is perfect for you! Dive in as he breaks down the 1031 exchange and learn why timing, strategy, and smart reinvestments are critical to achieving long-term wealth.

WHAT YOU’LL LEARN FROM THIS EPISODE

• 1031 exchanges: What it is and how they allow real estate investors to defer capital gains taxes

• Key timelines and rules to successfully execute a 1031 exchange

• How to trade up from underperforming properties to higher-quality investments.

• The compounding power of reinvesting equity and why timing matters

• Strategies to turn a single property into a self-growing portfolio using 1031 exchanges

ABOUT SHANE THOMPSON

Shane began investing in real estate in 2011 after being introduced to Ron Phillips and the RP Capital team. Their success in real estate led Shane to join RP Capital a few years ago, where he now helps others achieve their financial goals through real estate investing. When Shane isn’t discussing investment properties, he enjoys playing sports, including basketball, golf, and snowboarding. He also loves watching his kids' soccer games.

CONNECT WITH SHANE

• Website: RP Capital

• LinkedIn: Shane Thompson

CONNECT WITH US:

• If you need help with anything in real estate, please email invest@rpcinvest.com

• Reach Ron: RP Capital

• Leave podcast reviews and topic suggestions: iTunes

• Subscribe and get additional info: Get Real Estate Success

• Facebook Group: Cash Flow Property Facebook Community

• Instagram: @ronphillips_

• YouTube: RpCapital

• Get the latest trends and insights: RP Capital Newsletter

Small businesses nationwide just scored a major win! In this episode, we break down the recent court decision blocking the Corporate Transparency Act’s invasive reporting requirements. Learn how this landmark ruling protects the rights and privacy of small business owners and what it means for entrepreneurs navigating burdensome regulations.

WHAT YOU’LL LEARN FROM THIS EPISODE

• The unconstitutionality of the Corporate Transparency Act (CTA) and its impact on small businesses

• How the NFIB and other organizations successfully halted BOI reporting requirements nationwide

• The importance of advocating for small business rights and challenging harmful regulations

• Practical takeaways on how to navigate burdensome government overreach

• Why celebrating small wins is crucial for morale and momentum

RESOURCES MENTIONED IN THIS EPISODE

• NFIB

• Texas Top Cop Shop

• Datacomm

• Libertarian Party of Mississippi

CONNECT WITH US:

• If you need help with anything in real estate, please email invest@rpcinvest.com

• Reach Ron: RP Capital

• Leave podcast reviews and topic suggestions: iTunes

• Subscribe and get additional info: Get Real Estate Success

• Facebook Group: Cash Flow Property Facebook Community

• Instagram: @ronphillips_

• YouTube: RpCapital

• Get the latest trends and insights: RP Capital Newsletter