The Wealth Without Wall Street Podcast

Investing for Passive Income: Small vs. Big Deals

May 30, 2024

Exploring passive income ideas, comparing small vs. big deals, and discussing April 2024 income. Analyzing successful investments, hiring operators, and consistently profitable passive income sources. Delving into vending machines, raw land development, and challenges with investment properties. Exploring SEO strategies, frustrations with Bitcoin volatility, and the importance of diversifying income streams.

43:01

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Quick takeaways

Differentiate small vs. big deals for passive income generation.

Highlight the need for income diversification in property investments.

Deep dives

Passive Income Strategies and Financial Freedom

Creating passive income streams that exceed monthly expenses is crucial for financial freedom. The podcast emphasizes the importance of passive income, highlighting how traditional investment strategies may fall short. Insights include the simulation that a million dollars in the stock market may only generate $30,000 monthly income, illustrating the limitations of conventional investing. By showcasing their own passive income success and challenges, the podcast encourages diversifying income sources and exploring unconventional opportunities for financial growth.

Introduction

4min

Navigating the World of Passive Income

14min

Navigating the Ups and Downs of Investment Properties

7min

Navigating SEO Strategies for Revenue Growth

5min

Exploring Profitable Small Deals and a Big Real Estate Opportunity

9min

Navigating Complexities of Selling Raw Land for Development

5min

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%

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