The Wealth Without Wall Street Podcast

How We Made $52K in Passive Income Last Month (And $35K Was from This!)

Apr 24, 2025
Discover how the hosts generated an astonishing $52,000 in passive income in one month, primarily through the land business. They explain the process of buying undervalued properties, seller financing, and flipping for profit. The importance of understanding your investor DNA is highlighted to align strategies with financial goals. Insights into leveraging life insurance for cash flow and the impact of community on investment success are also shared, making wealth building accessible and achievable.
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ANECDOTE

Profitable Land Business Example

  • Russ Morgan and Joey Murray made about $35,000 in passive income in March 2025 from their land business.
  • They buy raw land at low prices, then sell it with seller financing to generate ongoing cash flow.
ADVICE

Use Seller Financing for Land

  • Buy undervalued parcels of raw land from owners willing to sell below market price.
  • Resell with seller financing to make land affordable and generate monthly payments as passive income.
INSIGHT

Benefits of Whole Life Insurance Cash Value

  • Storing cash in dividend paying whole life insurance gives liquidity, creditor protection, and tax benefits.
  • Borrowing against insurance cash value avoids typical bank loan hassles and preserves compounding growth.
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