Claim OwnershipThe Del Walmsley Radio Show
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Description
After only 2 1⁄2 years of investing in real estate, Del Walmsley used the income from his Single Family rental houses to replace his earned income and quit his W2 job as Director of Sales within a Health Club. Today, Del is a self-made multimillionaire, dedicated to teaching and mentoring others so they can reclaim ownership over their time, retire from lives of quiet desperation, and create the lifestyle they desire.
168 Episodes
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Andy Webb fills in for Del Walmsley and welcomes Louie, a Lifestyles Unlimited member who joined after discovering Del’s show in 2019. Excited to get started but still skeptical, he took the leap and purchased his first property in San Antonio while living in Virginia. Since then, Louie has expanded his portfolio to ten properties, all acquired remotely. Despite never seeing most of them in person, he emphasizes how the right education has allowed him to live where he wants while investing where it makes the most sense.
Del Walmsley challenges listeners to take action today, emphasizing that financial freedom is a journey that requires time—whether days, months, or years. He warns that simply listening won’t bring change; action and personalized guidance are essential. While real estate has become more affordable due to price drops, bad deals still exist, but with the right knowledge and guidance, it remains a safer and more predictable investment.
Del Walmsley is joined by Clint, a new investor from Mississippi, who shares his journey of exploring investments. During college, Clint experimented with the stock market but often found real estate to be a far superior strategy. After getting married, he set an ambitious goal of owning 15 rental houses. However, he initially followed Dave Ramsey's cash-only approach, which made the goal seem impossible. Clint highlights how learning alternative investment strategies from Lifestyles Unlimited has allowed him to build wealth much faster than he ever expected, offering a clearer path to achieving financial freedom through real estate.
Del Walmsley shares the transformative potential of real estate investments by discussing his own journey and success stories. He emphasizes how investing in properties can create passive income streams, offering financial freedom and a new lifestyle. Del recalls his early experience, where he started with four properties generating $880 a month and later expanded to five duplexes with 10 units, leading to $2,000 in monthly positive cash flow. He encourages you to take action, seek mentorship, and invest in real estate to change their financial future, no matter the background or location.
Del Walmsley welcomes John "J.C. from K.C.", who turned his real estate misfortunes into success through Lifestyles Unlimited. John shares his rocky start, including two personal home purchases in California and Kansas that resulted in foreclosure due to mismanagement and life circumstances. After a decade of renting and rebuilding his credit, he joined Lifestyles Unlimited, where he learned how to invest strategically. Now, with one rental property and a second closing soon, John has embraced a new approach, ensuring financial stability and a future without reliance on traditional retirement methods.
Del Walmsley dives into time management and the illusion of work-life balance. He explains that many people waste time on minor tasks—the "gravel and sand"—instead of focusing on the "big rocks," the essential actions that drive real progress. He stresses that if something is truly important, like getting started in real estate investing, it must be scheduled immediately, not pushed off indefinitely. Success in real estate investing comes from prioritizing key actions and taking decisive steps without delay.
Del Walmsley highlights the grim reality that 80% of Americans are financially struggling or at risk of economic insecurity, with only 20% adequately prepared for retirement. He stresses the need for continued investment growth even after replacing earned income, emphasizing that consistent saving is essential for building wealth. Del reassures listeners that wealth creation through real estate is achievable, as demonstrated by Lifestyles Unlimited members, with the key being a strong desire to change one's financial future.
Del Walmsley hosts members Chase and Jen, along with Jeff, as they share their journeys to financial freedom through real estate. Chase and Jen, a self-proclaimed "we-have-done-it-all" couple, pursued fix-and-flip investments but stepped away after the market crash, later joining Lifestyles Unlimited and rapidly building a profitable portfolio. Jeff, a military veteran, initially struggled with a bad real estate purchase but found a new path after his in-laws introduced him to Lifestyles Unlimited in 2020 and successfully built his portfolio with strong equity capture and cash flow. Del highlights how education, mentorship, and community support have transformed their lives and helped them achieve financial independence.
Del Walmsley interviews Jeff Havis from Temple, Texas, a newcomer to real estate investing. Jeff had long been interested in real estate but felt financially trapped in his 9-to-5 job, comparing it to crabs pulling each other back into the pot. With encouragement from his wife, he overcame his hesitation after joining Lifestyles Unlimited and purchased his first rental property in Houston. Now actively expanding his portfolio, Jeff is focused on achieving long-term financial independence.
Del Walmsley shares two key lessons: turning challenges into opportunities and the forgiving nature of real estate. He recounts purchasing five duplexes—a deal that seemed problematic but became a great investment. Despite initial hurdles, he stabilized the property, achieved full occupancy, and generated strong cash flow. Del highlights how persistence and problem-solving lead to success, proving that real estate offers opportunities even in tough situations.
Del Walmsley outlines two possible outcomes of the "Trump effect" and how each could impact the real estate market, acknowledging both positive and negative possibilities. Despite these risks, he argues that real estate investors can still thrive in a downturn by acquiring distressed properties at lower prices and capitalizing on migration trends as people move to more economically favorable regions. Regardless of economic cycles, investors who understand market shifts and position themselves strategically can benefit from both scenarios.
Del Walmsley hosts Jeff, who discovered Lifestyles Unlimited through AM radio and decided to attend a 2-day seminar with his wife, Susan. Initially skeptical, Susan became fully convinced after the seminar, leading them to join Lifestyles Unlimited in 2021. Now deeply invested, they’ve built a portfolio that includes 11 passive multifamily deals, four single-family homes, and a six-unit IRO.
Del Walmsley delves into how real estate investing isn’t just about buying properties, similar to how stocks don’t guarantee success. He highlights that while there are many types of real estate, residential rental properties are the most consistent and profitable. Shifting focus to Multifamily investing, he notes that these properties are valued based on their income potential rather than comparative market analysis, like Single Family homes. This key distinction allows Multifamily investments to offer more consistent cash flow opportunities. Whether you invest in Single or Multifamily properties, the key is to get started now.
Del Walmsley opens by reflecting on the optimism he attributes to the "Trump effect," which he believes has removed economic and regulatory barriers for entrepreneurs. He discusses the positive impact on crime, employment, and business, seeing it as a prime opportunity for growth. Del encourages listeners to break free from corporate America and take control of their financial future, sharing his own journey into real estate as an example.
Del Walmsley hosts Brian and Roxanne on Tell Del Tuesday to discuss their transition from creative careers to real estate investing. They share key lessons from Lifestyles Unlimited’s two-day seminar, including the downside of holding too much equity and why real estate offers higher returns. Roxanne emphasizes her determination to act on these insights, recognizing the power of financial education.
Del Walmsley hosts Karen and Troy Zucchero from Spring, Texas, as they share their inspiring multifamily real estate journey. They recount their first deal in 2018, a 32-unit property in southeast Houston, followed by their second acquisition the same year—an 80-unit complex in southwest Houston. This marked their transition to larger assets for economies of scale, eventually leading them to expand out of state to Knoxville, Tennessee. They emphasizes that their capital-raising success stems from active involvement in Lifestyles Unlimited events, building trust through personal relationships, maintaining consistent communication, and consistently delivering positive results.
In evaluating the traditional financial industry, Del Walmsley critiques an advertisement from a major financial institution promoting personalized retirement planning. He highlights how the ad emphasizes market volatility and the stock market, contrasting this approach with his own philosophy of real estate investment. Del argues that real estate is much less volatile and offers steady cash flow, positioning it as a more reliable investment. He challenges the conventional idea that retirement requires a shift in strategy, stating that his real estate investments continue to generate significant income, regardless of whether he is actively working or not.
Del Walmsley challenges the common misconception that hard work alone leads to financial success. He stresses that true financial freedom is achieved through leverage, where resources like money, credit, intelligence, and other people's efforts work on your behalf. Del highlights his own journey, demonstrating how leveraging limited funds and credit unlocked pathways to financial freedom through real estate investing.
Del Walmsley welcomes Arnold from Dripping Springs, Texas, to discuss his journey into real estate investing. As he begins building his portfolio, Arnold credits Lifestyles Unlimited's education for sharpening his deal analysis skills and appreciates the organization's continually evolving resources. He highlights the dual importance of equity capture and cash flow, emphasizing their role in ensuring financial stability, even during market downturns.
Del Walmsley explores the concept of making your assets work for you. Referencing an email from a listener, he highlights how many fail to optimize their net worth, often settling for passive income returns below 1%. Del cautions against missed opportunities and shares actionable strategies for leveraging assets to create substantial and sustainable passive income streams.
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