The Wealth Without Wall Street Podcast

We all want to achieve financial freedom, but there's no single path to getting there. What is the right way to go?

In this episode, Russ and Joey have a heated debate about the best way to create passive income and achieve financial freedom. Though the duo has reached $50,000 per month in passive income, they completely disagree on how to do it. Russ advocates for investing in deals with long-term equity returns that may take years to pay off, while Joey emphasizes the importance of consistent monthly cash flow to cover expenses now. 

They also break down their passive income report for October 2025, sharing details of their investments that contribute to their impressive monthly cash flow. 

Tune in to better understand the key differences between cash flow-focused investments and long-term growth strategies. 

Top three things you will learn: 

-How different investor mindsets shape wealth-building strategies

-Which investments actually produce predictable results

-The possibility of earning both a monthly cash flow and long-term equity

October 2025 Income At-A-Glance: 

-Gross Income for October: $64,050.56

-Total Expenses for October: $13,535.31

-Total Net Profit for October: $50,515.25

-Difference b/t September & October: $6,431.25

-% of net profit to overall gross revenue: 79%

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

💸 Build a Passive Income Machine in 3 Steps:

Here’s how to flip the script and start building wealth the way the wealthy do 👇

👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

Are you curious about how banks make lots of money? In this episode, the financial coaches dive into one of the lesser-known financial strategies that banks use to build wealth: Bank-Owned Life Insurance (BOLI). 

While BOLI is typically utilized by financial institutions to create long-term, tax-deferred growth, the coaches break down how anyone can apply the same principles to their own financial strategies. They explain how BOLI provides financial freedom through tax advantages, compounding growth, and safe wealth accumulation. 

If you’re looking to build wealth in a way that outlives traditional methods, this episode is a must-listen. 

Top three things you will learn:

-How banks leverage life insurance to build wealth and mitigate financial risks

-Why bank-owned life insurance (BOLI) is a valuable strategy for personal finances

-Practical steps to integrate the same strategies used by banks into your own financial planning

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

💸 Build a Passive Income Machine in 3 Steps:

Here’s how to flip the script and start building wealth the way the wealthy do 👇

👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

Are you looking for a unique and profitable investment opportunity? In this episode, Brandon Cobb joins Russ and Joey to discuss how to transform farmland into cash-flowing communities. As a co-founder of HBG Capital, Brandon shares insights into turning raw land into thriving residential areas that national homebuilders are eager to buy. He dives into the current market demand for entry-level housing, explaining the critical shortage and the opportunity for smart investors to profit by developing land for affordable housing. 

Brandon walks through the step-by-step process of land acquisition and entitlement, and explains how forced appreciation increases land value. He also discusses the benefits of working with national homebuilders and the importance of location and market research. 

Whether you're a real estate investor or looking to break into land development, this episode provides a roadmap for creating profitable communities and building long-term wealth.

Top three things you will learn: 

-Land development as a profitable investment

-Understanding the growing gap between renting and home ownership

-Strategies for success in the land development market

About Our Guest:

Brandon Cobb is the CEO of HBG Capital. He began his career in medical device sales, following the conventional path society laid out for him. After achieving early success in the corporate world, Brandon’s life took an unexpected turn when he was unexpectedly let go from his dream job. This event sparked a transformation, as Brandon realized he needed to take control of his own financial future.

Determined to create a new path, Brandon ventured into life coaching, blogging, and launching a course on breaking into medical device sales, all of which ended in failure. However, he didn’t give up and turned to real estate investing. 

Brandon now specializes in developing affordable housing communities in Nashville, TN, while helping others achieve financial freedom and live life on their own terms by using real estate as a tool to unlock time and life experiences.

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

Connect with Brandon Cobb:

Are you unknowingly falling for the traps that keep you stuck in the rat race? In this episode, the financial coaches expose the hidden traps that prevent many from achieving true financial freedom. They dive into the dangers of relying on traditional financial advice, such as saving in qualified plans, paying off your home early, and other common practices that sound good but actually trap people in a cycle of delayed freedom. 

The coaches also discuss the importance of taking control of your money and making smarter decisions that align with the financial freedom formula. They emphasize the necessity of understanding the opportunity costs associated with these financial traps and encourage listeners to start building their passive income systems now. 

Tune in to hear the real strategies to get your money working for you and free yourself from the Wall Street mindset.

Top three things you will learn:

-Why owning a paid-off home may not be the best financial move

-The truth about 401(k)s and IRAs 

-How to break free from the system and start generating passive income

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

💸 Build a Passive Income Machine in 3 Steps:

Here’s how to flip the script and start building wealth the way the wealthy do 👇

👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept

Most people dream of quitting their 9-to-5, but they're afraid to do it. However, this guy actually did. From long hours as a civil engineer to achieving financial freedom through real estate and infinite banking, his journey demonstrates how anyone can climb the “wealth elevator” step by step.

In this episode, Russ and Joey sit down with Lane Kawaoka, the founder of The Wealth Elevator and a former engineer who achieved financial freedom through smart investing. Lane reveals how he transitioned from collecting paychecks to collecting passive income streams, starting with a single rental property and scaling to over 11 before shifting into syndications. 

He shares his take on the power of infinite banking and what it takes to move from employee to investor. Listeners will also learn how to avoid common real estate mistakes, leverage accredited investor networks, and create long-term financial security.

Tune in for a real-world roadmap to freedom and discover how to make your money work harder than you do.

Top three things you will learn: 

-How to transition from a full-time career to financial independence

-Why infinite banking and real estate are powerful wealth-building tools

-The key mindset shifts that separate investors from employees

About Our Guest:

Lane Kawaoka ventured into real estate investing by renting out his home while traveling for work. He went on to grow his portfolio and currently owns multiple properties in various states. With his success, he decided to mentor other working professionals on how to invest in real estate and build their own portfolios. Today, Lane lives in Honolulu, Hawaii, where he is bringing solid investment opportunities and bridging the financial gap in the community where he grew up.

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

Connect with Lane Kawaoka:

-Email - [email protected]

💸 Build a Passive Income Machine in 3 Steps:

Here’s how to flip the script and start building wealth the way the wealthy do 👇

👀 Step 1 – Watch the Free 40-Minute Masterclass on the Infinite Banking Concept