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Real Estate Investing for Cash Flow with Kevin Bupp

#932 Invest Like a Billionaire: Navigating Alternative Assets with Bob Fraser

Real Estate Investing for Cash Flow with Kevin Bupp

Kevin Bupp

Investing, Education, Business

4.8679 Ratings

🗓️ 11 August 2025

⏱️ 33 minutes

🧾️ Download transcript

Summary

Bob Fraser is the co-founder and CEO of Aspen Funds, an investment firm offering alternative investments ranging from private equity, mortgage notes, oil & gas, and industrial. Bob is responsible for financial management, portfolio modeling, as well as systems and processes. Additionally, Bob is the co-host of the Invest Like a Billionaire podcast where he dives into the world of alternative investments and speaks with successful investors. On his show, he also discusses economic trends, including mega trends such as inflation, energy prices and deglobalization. His goal is simple, it's to empower others looking to explore less volatile investment opportunities, improving their portfolio's performance, and enabling them to become more financially secure.

 

  • Aspen Funds: aspenfunds.us – for information on Bob's investment firm.

  • Book link: thebillionairebook.org – to preorder Invest Like a Billionaire and access bonus materials.

 

02:55 – From dot-com success and loss to discovering the control and stability of private alternative investments.

05:00 – Buying distressed debt after the 2008 crash

09:15 – Why oil and gas is a contrarian play today

14:50 – Red flags in oil and gas investing and the importance of institutional-grade operators over speculative drilling.

17:00 – Aspen's focus on private credit and industrial real estate

23:55 – The book Invest Like a Billionaire—how billionaires diversify into private alts, lower risk, and achieve higher returns than traditional portfolios.

 

Recommended Resources:

  • Accredited Investors, you're invited to Join the Cashflow Investor Club to learn how you can partner with Kevin Bupp on current and upcoming opportunities to create passive cash flow and build wealth. Join the Club!
  • If you're a high net worth investor with capital to deploy in the next 12 months and you want to build passive income and wealth with a trusted partner, go to InvestWithKB.com for opportunities to invest in real estate projects alongside Kevin and his team. 
  • Looking for the ultimate guide to passive investing? Grab a copy of my latest book, The Cash Flow Investor at KevinBupp.com
  • Tap into a wealth of free information on Commercial Real Estate Investing by listening to past podcast episodes at KevinBupp.com/Podcast.

Transcript

Click on a timestamp to play from that location

0:00.0

You've been searching for the best way to generate passive income in your life and heard that real estate is a great way to do it.

0:09.4

But you're tired of all the so-called gurus who are all talk and no substance.

0:15.3

Get ready to celebrate because Kevin Buck has spent 14 years successfully making it happen. This is the real estate investing for

0:23.6

cash flow podcast. Now, here's Kevin Bup. Hey guys, Kevin Bup here, and I want to welcome me to another

0:32.1

episode of the Real Estate Investing for Cash Flow podcast. More missions to help you build and

0:36.4

maintain massive amounts of cash flow

0:38.6

through income producing real estate investments. Now our guest for this week's show is real

0:42.7

estate investment expert Bob Frazier. Bob is the co-founder and CEO of Aspen Fund. It's an

0:48.1

investment firm offering alternative investments ranging from private equity, mortgage notes,

0:52.9

oil and gas, and industrial, just to name a few.

0:55.5

As CEO, Bob is responsible for financial management, portfolio modeling, as well as building

1:00.5

out the systems and processes of the organization. Additionally, Bob is the co-host of the

1:06.5

Invest like a billionaire podcast where he dives into the world of alternative investments and speaks

1:10.7

with successful investors. Now, on his show, he also discusses economic trends, including

1:15.1

mega trends such as inflation, energy prices and de-globalization. His goal is really quite simple.

1:21.2

It's to empower others looking to explore less volatile investment opportunities, improving

1:26.1

their portfolios, performance, and enabling them to become more financially secure. And so guys, without further ado, I'd like to welcome Bob Frazier to the show. Bob, it's great to be here, Kevin, with you and with all your listeners. Yeah, excited to have you here and, you know, decided to talk shop. And I know that we're going to, we're going to hit a little bit later, but one thing I didn't mention

1:45.1

in the beginning, you're about to launch a book as well. It's going to be released here in a few months. So we'll hit on that later on the show. But let's back it up a little bit, Bob, you know, for those folks that might not be familiar with you, don't know anything about Aspen Funds, I don't know your backstory. Maybe let's start there and let's talk about your

2:02.0

journey into the world of alternative investments and, you know, also what sparked the idea

2:07.4

for Aspen Funds. Yeah, well, you know, it's a lot of pain. I mean, I was, I was, I started a dotcom.

2:15.8

If you can remember back in those days, of course, you were a young, youngster, I'm sure, but started a dot com if you can remember back in those days of course you're a young

2:18.6

youngster I'm sure but started a dot com raised a lot of money there 44 million in venture

...

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