Want to make money in real estate? When I’m not producing stories in Hollywood, you can find me deep-diving into the fascinating world of real estate. What may seem complicated or expensive at first really isn’t. There are dozens of ways to enter, even if you have very little discretionary money to invest. In this in-depth 2-hour podcast, I break down the strategies and approaches I personally use to build wealth with property. Some of these will be familiar to you, but I promise, many won’t! There are a lot of unique and cool ways to participate in real estate that aren’t widely known. I’m here to share those with you. 

I discuss: owning vs renting, buying a house or income property, which is better and why, Airbnbs, 1031s, Delaware Statutory Trusts (DSTs), taxes, depreciation, syndications, LLCs, platform investing, debt vehicles, equity stacks, Opportunity Zones, and more.

Don’t let the fancy words scare you. It’s super simple, tangible, and accessible. If you’re a creative like me, you have the need for tactile, concrete concepts like numbers and money. Our daily lives are filled with dreams and ideas that take time to come to fruition. I believe this is why so many of us in Hollywood love and play in real estate on the side.

So take a listen. Even if you never ever intend to invest in real estate, you may find some nice actionable take-away for other areas of interest, especially if you own or run a business.

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SHOW DESCRIPTION: What began as a humorous analysis of just behind the scenes TV and film production (originally with co-host, director/producer and comedian Ian Gelfand), has now grown into an observation of The Hero’s Journey taken by professionals working in all aspects of Hollywood. The focus is on obstacles, side-hustles, approach, process, optimization and seeking peak performance both on set and off. This podcast is about learning to “Produce Yourself” in many areas of life, by hearing from people who have fought to get where they are in movies and television.

ABOUT THE HOST: Emmy-nominated producer, Terence Michael, has produced over 20 movies and 30 TV shows (Duck Dynasty). He additionally hosts 2 podcasts about the entertainment industry. In his spare time, he invests in real estate, runs a mortgage business, has two Airbnb properties (Palm Springs and Joshua Tree) and consults entrepreneurs on how to monetize their passions and be happy in the process.

Terence has been developing, producing, and delivering story content, from film to television, over the course of ownership in three separate production companies covering most of the major studios, networks, and agencies in "Hollywood."

He has now produced feature films distributed by studios such as Sony, Universal, MGM, Lionsgate, and HBO; and executive produced television shows airing on networks such as NBC, Fox, MTV, VH1, Showtime, Lifetime, TLC, Spike, Esquire, Syfy, Travel Channel, and A&E. Terence enjoys both developing and producing intellectual properties and formats for 100% Terry Cloth as well as show running other existing network or cable shows.

Additionally, he has guest lectured and consulted on development, financing, story, packaging, and nuts-and-bolts producing panels for the Cannes Film Festival, the Los Angeles Film Festival, Independent Film Project West (IFP), Film ITConference, the SXSW Film Festival, AFI, and UCLA Film Extension; has been featured in magazines and publications, such as The Los Angeles Times, MovieMaker, Moving Pictures, Back Stage West, Independent Film and Video, Screenwriters Utopia, Writers Script Network, Venice Magazine, Newsweek, Details, The Christian Science Monitor, FitSmallBusiness.com, MyCorporation.com, Business.com, MagnifyMoney.com, and The PennyHoarder.com. He received an Emmy nomination in 2017 for Travel Channel's "Planet Primetime."

Terence Michael has collaborated with many artists and brands in his films and TV shows, including:

Actors: Scarlett Johansson, Ben Stiller, Sarah Jessica Parker, Vera Farmiga, Jeffrey Tambor, Tea Leoni, Tom Sizemore, Katherine Heigl, Peter Dinklage, Giovanni Ribisi, Cuba Gooding, Jr., Patrick Dempsey, Jaime Pressly, Mia Kirshner, Michael McKean, Britt Robertson, Oliver Hudson, Emmanuelle Chriqui, Jonathan Tucker, Nora Dunn, Skeet Ulrich, Cheryl Ladd, Alan King, Elizabeth Reaser, Megan Mullaly, Jennifer Morrison, Erin Bartlett, Jesse Bradford, Adam Goldberg, David Krumholtz, James Tupper, Jill Clayburgh, Eric Szmanda, Eric Mabius, Eric Schaeffer, and lates Alan King, Jill Clayburgh, John Heard

Comedians: Adam Carolla, Tom Green, Chris Hardwick, Flula Borg, Ken Marino, Alonzo Bodden

Athletes: Football’s Vince Papale, basketball’s Rick Barry, motocross’ James Stewart, Ryan Dungey, Todd Potter, and the Metal Mulisha team, skateboarding’s Tony Hawk, Buckey Lasek, Jason Ellis and snowboarding’s Shawn White, triathlete’s Wendy Ingraham and Chris Legh

Musicians: Aimee, Mann, The Verve Pipe, Jill Sobule, Blink 182, Amanda Kravat, Foxy Brown, Usher, Vanessa Carlton

Hosts/Authors: Amanda De Cadenet, Karla Cavalli, Allen Haff, Paul McKenna, Lisa Williams, Grant Imahara, Leeann Tweeden

Brands: RedBull, Degree, Monster, Playboy, Jabbawockeez, The Golden Nugget, Joe’s Crab Shack, Oakley, the Duck Dynasty family