The Wealth Without Wall Street Podcast

Passive Income Playbook: October 2024 PI Report

4 snips
Nov 28, 2024
Discover the secrets to consistent passive income growth, even in challenging times. The hosts reveal their latest ventures and earnings, providing insights into effective strategies. Learn about the impact of oil production on investments and the missed Bitcoin opportunity. Explore successes in owner financing, dividends from oil and gas, and the lessons learned from a challenging ice machine investment. Plus, innovative ideas for generating passive income like a debt fund for insurance companies and vending machines await you!
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ADVICE

Analyze and Plan

  • Analyze past performance to identify successful strategies and areas for improvement.
  • Consider future opportunities and potential investments.
ANECDOTE

Land Investing Success

  • Russ and Joey discuss their success with land investing, buying at a discount and selling with owner financing.
  • They highlight a $22,000 net profit in one month from this strategy.
ADVICE

Owner Financing

  • Consider owner financing assets instead of outright sales for potentially higher returns and tax efficiency.
  • This strategy allows buyers easier access while maximizing seller profits.
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