Investing for Passive Income: Small vs. Big Deals

If you’re worried about saving enough of your earnings to meet your financial goals, building wealth through passive income might appeal to you. But which passive income idea should you pursue? Does the size of your investment matter?

In today's episode, Russ and Joey discuss some of the small and big deals they have been considering and the income potential of each transaction. They also discuss their different passive income sources and what they earned for April 2024.

While many of their investments have been successful, a couple have not performed as well as expected. 

Top three things you will learn: 

-Comparing small and big deals

-The upside of hiring an operator

-Passive income ideas that have been consistently making money

April 2024 Income At-A-Glance: 

Gross Income for April: $56,160.00

Total Expenses for April: $13,152.81

Total Net Profit for April: $43,007.19

Difference b/t March & April: ($4,170.24)

% of net profit to overall gross revenue: 77%

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.

Wealth Without Wall Street New Book:

https://go.wealthwithoutwallstreet.com/newbook

Free IBCA or Financial Freedom Discovery Calls:

https://www.wealthwithoutwallstreet.com/freecall

Join Our Next Inner Circle Live Event

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

Promo Code: PODCAST

Explore the World's Largest Car Sharing Marketplace:

https://turo.com/

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

https://thelandgeek.com/

Turn Active Income Into Passive Income:

https://go.wealthwithoutwallstreet.com/pios 

Take the Financial Freedom Analyzer:

https://wealthwithoutwallstreet.com/quiz

Subscribe to Our YouTube Channel:

https://youtube.com/@WealthWithoutWallStreet

Check Out Our Monthly Passive Income Reports: 

https://wealthwithoutwallstreet.com/passive-income

Discover Your Path to Financial Freedom: 

https://wealthwithoutwallstreet.com/passport

Apply to Join the Passive Income Mastermind:

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

How to Buy Online Businesses for Profit:

https://go.wealthwithoutwallstreet.com/freedomnavigator

Freedom Travel Support System:

https://freedomtravelsystems.com/www

Join Our Short-Term Rental (STR) Course:

https://go.wealthwithoutwallstreet.com/strcourse

Invest With Your Friends and Family:

https://tribevest.com/partners/wwws

STACK Candles:

https://stackcandles.com/

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

https://go.wealthwithoutwallstreet.com/cars

Join the Wealth Without Wall Street Affiliate Program:

Email - info@wealthwithoutwallstreet.com and say: I have to be in your Affiliate Program because I believe in what you're doing.

—