How We Made $2M+ in Passive Income

Jan 25, 2024

38:23

forum

Ask episode

view_agenda

Chapters

auto_awesome

Transcript

info_circle

Episode notes

It was 2020 when Russ and Joey decided to share their passive income report and review the few deals they engaged in. Back then, they didn't have much to report, but they persevered in building multiple passive income streams. They have come a long way—from about $2,000 per month of passive income to $44,000 (and even higher in some months).

While some investment decisions don't always turn out well, they take the lesson from each mistake and move forward. Today, they show us the results of their journey.

Top three things you will learn:

Before you invest in anything, it is critical to know your Investor DNA
What deals have Russ and Joey tried, and what were the results?
How to build passive income streams that will lead you to financial freedom

December 2023 Income At-A-Glance:

Gross Income for December: $44,001.53

Total Expenses for December: $12,850.14

Total Net Profit for December: $31,151.39

Difference b/t November & December: ($7,748.33)

% of net profit to overall gross revenue: 71%

Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a licensed professional for financial decisions.

This episode is sponsored by a podcast show partner. We may receive compensation if you use links or services mentioned in this episode.

The hosts may have a financial interest in the programs or services mentioned in this episode.

Inner Circle LIVE April 4-6, 2024:

https://go.wealthwithoutwallstreet.com/inner-circle-live

Promo Code: PODCAST

Free Financial Strategy Call:

https://www.wealthwithoutwallstreet.com/freecall

Explore the World's Largest Car Sharing Marketplace:

https://turo.com/

Learn How to Invest in Real Estate with The Land Geek:

https://www.thelandgeek.com/

Turn Active Income Into Passive Income: