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b'How can you use real estate investing to break free from the 9-to-5 job and focus on your passion?\\n\\xa0\\nHost Taylor Loht interviews Zach Schnall, AKA DJ Bander, to share how he used his real estate portfolio to focus on his true passion: music. Zach shares his journey of utilizing union wages and early business success to save and invest in real estate, ultimately enabling him to dedicate his time to creating and performing music. Throughout this episode, Zach opens up about the strategies and systems he employed to build and manage his real estate portfolio without it becoming a distraction from his musical pursuits. He also shares valuable insights on identifying the right investment opportunities, the importance of building a strong network, and the challenges and benefits of 1031 exchanges.\\n\\xa0\\n[00:00 - 03:45] How did DJ Bander\\u2019s entrepreneur journey start?\\nSaving and investing in real estate\\nBalancing the time between real estate, marketing, and music\\nThe importance of having a diverse skill set to monetize\\n\\xa0\\n[03:46 - 14:00] Strategies for Building a Real Estate Portfolio\\nThe advantages of being a minority investor in larger properties\\nThe significance of hiring the right property managers and vendors\\nAdapting investment strategies to fit available opportunities and capital\\n\\xa0\\n[14:01 - 18:36] Navigating 1031 Exchanges and Market Challenges\\nThe complexities and benefits of 1031 exchanges\\nDeciding when to sell and pay taxes versus utilizing a 1031 exchange\\nThe impact of the cannabis industry on industrial real estate in Los Angeles\\n\\xa0\\n[18:37 - 28:11] Using Real Estate to Pursue Your Passions\\nUsing real estate income to buy time for starting other businesses or pursuing creative endeavors.\\nThe importance of living below your means and saving for future investments.\\nDJ Bander\\u2019s advice for aspiring investors and entrepreneurs.\\n\\xa0\\n\\xa0\\nQuotes:\\n"You want to use real estate as a way to buy yourself time to do it, to start another business or to start something else." - DJ Bander\\n\\xa0\\n"Try to live on a half, to two thirds of what you make. If you do that, you have no choice but to make money and have more." - DJ Bander\\n\\xa0\\n\\xa0\\nConnect with DJ Bander:\\xa0\\nInstagram: https://www.instagram.com/djbander/\\nWebsite: https://banderproductions.com/\\n\\xa0\\n\\xa0\\nApply to Invest with Taylor at www.investwithtaylor.com\\nTrack your wealth for free with Personal Capital, go to www.escapingwallstreet.com\\nPlease leave a review and help others escape Wall Street and build wealth on Main Street!'