112: Real Estate and Passive Income, What the Gurus Aren’t Telling You with Jeff Steinmann

“Obviously you want to be cash flow positive and a little bit more than positive is great. That’s more attainable in some areas than others. That’s easier to do in St. Louis than it is to do in New York, right?” -Jeff Steinmann

 

In today’s episode, Master Certified Coach Jill Farmer talks with Realtor and founder of Essential StL, Jeff Steinmann about the truth about real estate investing. Have you been looking for another source of income or does the idea of passive income really appeal to you? Have you been considering investing in real estate in order to realize your dreams of financial independence? If so, in this episode, Jeff gives us an honest look at what we are getting ourselves into as real estate investors, and gives us his top tips for real estate investing. We learn about the multiple ways to start investing in real estate. Tune in to find out which one may be right for you. 

 

Jeff is the founder of Essential StL and a Realtor. In 1999, Jeff moved to St. Louis. He immediately fell in love with the city, but saw the problems.... bad press, bad reputation and lack of pride. When he got to know his neighbors, he saw a vibrant community of wonderful, loving people who care about each other and look out for each other. 

 

He eventually combined his passion for St. Louis with his passion for architecture, love of people and corporate background to start Transform StL officially in 2016, which would become Essential StL in May of 2021. 

 

Jeff and his son live in the Shaw neighborhood and when not working, he enjoys the bars and restaurants of St. Louis, Minecraft, reading, watching documentaries and everything outdoors.

 

Learn more about Jeff Steinmann or contact him here https://www.essentialstl.com

 

Books mentioned in the show: 

Rich Dad Poor Dad: 20th Anniversary Edition: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!  By Robert T. Kiyosaki

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