The Wealth Without Wall Street Podcast Our Passive Income Report - October 2021
#217: Having multiple passive income streams allows you the freedom to choose how you want to spend your time. You no longer have to trade your time for money. It has been Russ and Joey’s goal to help others on their journey to financial freedom, which is why they've been sharing their monthly passive income report -- to encourage you to take action and start building your passive income.
As they share their investments, they also share the challenges and lessons they’ve learned. If you're considering where to put your money, the biggest and most consistently profitable investment they have made is in the short-term rental economy. Take a look at the rest of their ventures as you enjoy another episode of the monthly passive income report.
October 2021 Income At-A-Glance:
Gross Income for October: $123,851.59
Total Expenses for October: $56,284.95
Total Net Profit for October: $67,566.64
Difference b/t October & September: $27,196.89
% of net profit to overall gross revenue: 55%
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.
To learn more about land flipping, listen to two previous episodes:
- Why Land Flipping Is A Viable Option For Building Wealth And Generating Passive Income w/Mark Podolsky: https://www.wealthwithoutwallstreet.com/podcast/why-land-flipping-is-a-viable-option-for-building-wealth-and-generating-passive-income-w-mark-podolsky
- How to Earn $15K a Month Land Flipping with Sid Christensen: https://www.wealthwithoutwallstreet.com/podcast/how-to-earn-15k-a-month-land-flipping-with-sid-christensen
Learn more about Real Estate Investing from The Land Geek:
Join the Passive Income MasterMind:
https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind