5 Years of Passive Income: Our Journey, Numbers, and Key Takeaways

Have you ever wondered what creating over $50,000 a month in passive income really takes? Russ and Joey pull back the curtain on their five-year wealth-building journey in this milestone episode. From their biggest wins to hard-learned lessons, this December 2024 passive income report is packed with insights, numbers, and strategies to achieve your financial goals. 

Learn how understanding your investment style can align opportunities with your goals and risk tolerance. Hear the breakdown of land flipping, private loans, and surprising lessons from ventures like RV rentals and Bitcoin mining. You'll also discover why thinking like a bank is crucial for transforming assets into consistent cash flow.

Are you ready to start your passive income journey? Today is the best time to do it.

Top three things you will learn: 

-Why knowing your Investor DNA matters

-Investments that worked (and didn’t)

-Mindset shift needed to achieve financial freedom

December 2024 Income At-A-Glance: 

-Gross Income for December: $64,144.48

-Total Expenses for December: $13,519.12

-Total Net Profit for December: $50,625.35

-Difference b/t November & December: ($6,699.63)

-% of net profit to overall gross revenue: 79%

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.

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The Art of Passive Income Podcast by The Land Geek:

-https://www.youtube.com/playlist?list=PLgqpzGRlkzzF9aYUSs96e5GQmL6hRzg6T

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How to Start a Vending Machine Business, Cost, Tips, How Much You Make with Michael Hoffmann:

-https://www.youtube.com/watch?v=73Xwu2tHhwI

Build Passive Income with Vending Machines:

-https://wealthwithoutwallstreet.com/vending

Explore the World's Largest Car Sharing Marketplace:

-https://turo.com/

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

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-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind

How to Buy Online Businesses for Profit:

-https://wealthwithoutwallstreet.com/freedomnavigator

Freedom Travel Support System:

-https://freedomtravelsystems.com/www

Join Our Short-Term Rental (STR) Course:

-https://wealthwithoutwallstreet.com/strcourse

Invest With Your Friends and Family:

-https://tribevest.com/partners/wwws

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Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

-https://wealthwithoutwallstreet.com/cars

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