The Wealth Without Wall Street Podcast

Passive Income: What's Working, What's Not

Apr 25, 2024

Discover different ways to earn passive income and learn from investments that didn't go well. Find out which investment opportunities are currently working and not working. Explore the success of land flipping and investing strategies with a remarkable cash on cash return. Learn about the rising demand and investment opportunities in land post-COVID. Maximize success through people skills and perseverance, and invest in yourself by developing your investor DNA.

35:14

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Quick takeaways

Diverse passive income streams are essential for financial freedom.

Monthly investments help evaluate strategies' efficiency and community engagement.

Active involvement is critical for successful income streams like land flipping and affiliate marketing.

Deep dives

Focus on Time as the Most Important Resource

The podcast episode highlights the significance of time as the most valuable resource. It emphasizes the discussion on financial freedom through passive income and the importance of tracking how time is spent to maximize its efficiency. The hosts stress the value of summarizing valuable insights accumulated over years to facilitate action and learning.

Introduction

2min

Moving from Active to Passive Income Streams

15min

Exploring Passive Income Streams: Success in Land Flipping

2min

Rising Demand and Investment Opportunities in Land

2min

Maximizing Success Through People Skills and Grit

9min

Investing in Yourself: Developing Your Investor DNA

5min

If you plan to build your passive income, you must start somewhere. Is there an ideal path? What if you don't have a lot of capital to begin with?

Today, Russ and Joey share their passive income report and insights on what's working and what's not. If you still haven't decided whether to take the first step toward financial freedom, this episode will give you some ideas to kickstart your journey.

Top three things you will learn:

-The different ways to earn passive income

-Lessons from investments that didn't go well

-Which investment opportunities are working and not working right now

March 2024 Income At-A-Glance:

Gross Income for March: $64,891.90

Total Expenses for March: $17,714.47

Total Net Profit for March: $47,177.43

Difference b/t February & March: $16,282.67

% of net profit to overall gross revenue: 72%

Wealth Without Wall Street New Book:

https://go.wealthwithoutwallstreet.com/newbook