
The Wealth Without Wall Street Podcast
Your go-to podcast for uncovering the dirty secrets behind Wall Street and how to take back control of your wealth. The Wall Street mindset separates both families & business owners from their money while the elite and unknown get to use it for their advantage. The secret to achieving this is having your money work for you, not someone else, when wealth building. You can get there through earning passive income. When you have more passive income than you do expenses, you have achieved financial freedom. On this podcast, we work tirelessly toward your financial freedom. We cover topics like the Infinite Banking Concept, multifamily real estate, private lending and a multitude of other cutting edge ideas. We host industry specific reputable guests and share personal stories to educate you on how to finally achieve financial freedom. For more education on how, check out wealthwithoutwallstreet.com
Latest episodes

Mar 21, 2023 • 1h 3min
Round Table | Breaking Down Long-Term Rentals as a Passive Income Option
Many of us can learn how the rental business works faster than any other investment. It's simple and profitable and can be your gateway to passive income if you're willing to patiently grow your wealth over the long term. As long as people need a clean and warm living environment and properties are being built, there will always be a demand for long-term rentals. But is acquiring and managing long-term rentals for you? Tune in and find out more about the long-term rental space as Russ, Joey, and the Financial Freedom Coaches (with the special participation of Jeff Wagner from the Inner Circle) discuss the following:Acquisition StrategyEffective Management Strategy to Maximize Cash FlowExit StrategyAnd more!Book Recommendation - The Richest Man in Babylon by George Clason:https://www.amazon.com/Richest-Man-Babylon-George-Clason/dp/1505339111Take advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/piosFind Out How Close You Are to Financial Freedom: https://go.wealthwithoutwallstreet.com/quizIf you want better control of your future, join the Wealth Without Wall Street Community: https://www.wealthwithoutwallstreet.com/communityDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200---Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: http://wealthwithoutwallstreet.com/inner-circle—

Mar 16, 2023 • 35min
How to Write Your Own Financial Freedom Story with John Feldman
Did you know that Russ and Joey have written a book? Thats right! A ghostwriter helped them turn their financial freedom ideas into a valuable resource for people who want to build passive income and achieve financial freedom. In today's episode, Russ and Joey interview John Feldman, the guy who helped them write their book. They talk about what it's like to learn about IBC from the point of view of a ghostwriter helping aspiring authors get their insights and ideas out into the world. John is the founder of Visionary Literary and the host of the Self-Published Success Podcast. His passion is helping others to turn their ideas into high-quality books. As a freelance ghostwriter, he has produced dozens of books and worked with business leaders, war veterans, and professional athletes.Top 3 Things You’ll Learn:How ghostwriting can be a fulfilling path and pave the way for you to learn valuable information that will help you on your journey to financial freedomThe benefits of using ChatGPT and other AI tools Clarity and confidence are crucial to achieving financial freedomAbout Our Guest:John Feldman is the founder of Visionary Literary and the host of the Self-Published Success Podcast. His passion is helping others to turn their ideas into high-quality books. As a freelance ghostwriter, John has produced dozens of books and worked with business leaders, war veterans, and professional athletes. Connect with John Feldman:Website - https://visionaryliterary.com/Podcast - https://podcasts.apple.com/us/podcast/self-published-success/id1625503507Turn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/PIOSAccess our FREE financial ScoreCard: https://www.wealthwithoutwallstreet.com/scorecardDetermine How Close You Are to Financial Freedom:https://go.wealthwithoutwallstreet.com/quizTake Advantage of a Free Financial Strategy Call:https://go.wealthwithoutwallstreet.com/free-financial-callReady to start your authorship journey?https://visionaryliterary.com/freebook/—

Mar 14, 2023 • 45min
Round Table | Breaking Down Short-Term Rentals as a Passive Income Option
If you've traveled to different places, you would have stayed in a short-term rental property or used Airbnb to find suitable accommodation. And you're not the only one. A growing number of people are choosing to stay in short-term rental properties instead of hotels, so if you're planning to venture into real estate, consider investing in short-term rentals (STR). After all, a short-term rental investment remains lucrative in 2023. To learn more about STR, tune in as Russ, Joey, and the Financial Freedom Coaches discuss the following:Tactical ways to find short-term rentalsHow to acquire short-term rental propertiesHow to operate short-term rentalsAnd more!AirDNA - The world's most trusted resource for vacation rental research: https://www.airdna.co/Take advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallJoin Our Short-Term Rental (STR) Course:https://go.wealthwithoutwallstreet.com/strcourseTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/piosFind Out How Close You Are to Financial Freedom: https://go.wealthwithoutwallstreet.com/quizIf you want better control of your future, join the Wealth Without Wall Street Community: https://www.wealthwithoutwallstreet.com/communityDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200---Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: https://wwws.link/inner-circle-sign-up—

Mar 9, 2023 • 48min
How to Turn Active Income into Passive Income Using the Passive Income Operating System with Joey Mure and Russ Morgan
Becoming financially free does not have to be difficult. But it is! It is complicated because we constantly get distracted by many things in our busy lives. We don't know what to do, and we don't have time to figure it out. But what if someone can show you how to install a system to put your finances on autopilot?In this episode, Russ and Joey explain the Passive Income Operating System to teach people how to automate their financial system while they go on living their busy lives. If you want to learn how to do it, this episode will show you the way. Top 3 Things You’ll Learn:The importance of installing the Passive Income Operating SystemWhy you must not co-mingle your personal and business accounts How to properly set up your financial system, so it works on autopilotTurn Active Income Into Passive Income:http://wealthwithoutwallstreet.com/piosAccess our FREE financial ScoreCard: https://www.wealthwithoutwallstreet.com/scorecardDetermine How Close You Are to Financial Freedom:https://go.wealthwithoutwallstreet.com/quizTake Advantage of a Free Financial Strategy Call:https://go.wealthwithoutwallstreet.com/free-financial-call—

Mar 7, 2023 • 48min
Round Table | Breaking Down Land Flipping as a Passive Income Option
Investing in raw land is one of the best ways to make money in real estate. But it is also the most overlooked opportunity. Land flipping is a pretty simple concept, and it's probably better than every other real estate business model out there. However, everything worth doing takes a lot of work to accomplish. So before you get started flipping land, you need to understand your Investor DNA and see how well your personality fits into this type of business. To learn more about land flipping, tune in as Russ, Joey, and the Financial Freedom Coaches share their insights on the following:The different ways to make money with land investingWho will be the perfect fit?Success stories of people who are into land flipping And more!Interested in Learning More About Land Flipping?Join the LIVE Land Geek Bootcamp in Las Vegas April 21-23, 2023Build Passive Income with The Land Geek:https://www.thelandgeek.com/Join the LIVE Land Geek Bootcamp in April 21-23, 2023Turn Active Income Into Passive Income:http://wealthwithoutwallstreet.com/piosFind Out How Close You Are to Financial Freedom: https://go.wealthwithoutwallstreet.com/quizIf you want better control of your future, join the Wealth Without Wall Street Community: https://www.wealthwithoutwallstreet.com/communityTake advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200---Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: https://wwws.link/inner-circle-sign-up—

Mar 2, 2023 • 41min
How to Go from 60k in Debt to Financially Free in 3 Years with Josh Ferrari
How many 22-year-olds do you know get a vision for financial freedom and crush it in just three years? Today's episode is about someone who went on to pursue something completely different than what he trained for. People with stable jobs usually take the safe route of going to work every day and waiting for the paycheck that comes twice a month instead of trying something different. They make their dreams wait for the perfect time until it's too late. But Josh Ferrari took the plunge and ventured into a path he had no previous experience of, but he chose to learn and work with a mentor. Even after losing 60k, Josh pushed forward, revisiting his strategy and adjusting as he went toward his goal. Today, he has achieved financial freedom and can live a life of his design. And he's willing to show you the way.Top 3 Things You’ll Learn:Your mentor matters.Never give up on your dreams.If you get clear on what you want, building a strategy to get there will be easier than you think. About Our Guest:Josh Ferrari is the founder of Ferrari Capital and the co-founder of Three Beach Capital. He was born in Omaha, NE, moved throughout the Southeast during his childhood due to being in a military family, and currently resides in Mobile, AL. Josh graduated from Tennessee College of Applied Technology with his Airframe & Powerplant License to pursue his passion of becoming an Aircraft Technician. Shortly after entering the aviation industry, Josh found his second love–Real Estate. Within four years, Josh has accumulated over $50MM AUM, 650 units, raised millions of dollars from various private investors, and at the age of 25, was able to retire from Corporate America from the passive income he had generated through real estate. Resources:Vivid Vision: A Remarkable Tool For Aligning Your Business Around a Shared Vision of the Future by Cameron Herold - https://www.amazon.com/Vivid-Vision-Remarkable-Aligning-Business/dp/161961877XBest Ever Apartment Syndication Book by Joe Fairless - https://www.amazon.com/Best-Ever-Apartment-Syndication-Book/dp/0997454326Connect with Josh Ferrari:Website - https://ferraricapital.com/Take Advantage of a Free Financial Strategy Call:https://go.wealthwithoutwallstreet.com/free-financial-callTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/PIOSDetermine How Close You Are to Financial Freedom:https://go.wealthwithoutwallstreet.com/quizKnow Your Investor DNA: https://www.wealthwithoutwallstreet.com/investordna

Feb 28, 2023 • 55min
Round Table | I'm All About that Base
Are you confident about how you set up your first insurance policy? Do you really know the components of it? You often set it up the way someone else thought was the best design for your policy, but that someone has a very limited understanding of the process. So where do you go to seek the right information?Today's conversation covers the differences between the base premium in a dividend-paying whole life insurance policy vs. the PUA (Paid-Up Additions). Also, Russ, Joey, and JD talk about the timing of how everything works together on your path to financial freedom and clear up any misconceptions that people might have about the Infinite Banking System. Tune in and get clarity about the following:What exactly are you buying?What are the timing considerations you need to think about?What's the endgame?And more!Turn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOSFind Out How Close You Are to Financial Freedom: https://go.wealthwithoutwallstreet.com/quizIf you want better control of your future, join the Wealth Without Wall Street Community: https://www.wealthwithoutwallstreet.com/communityTake advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200---Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: https://wwws.link/inner-circle-sign-up

Feb 23, 2023 • 48min
What Passive Income Ideas are Working in 2023?
With the many passive income ideas shared in this podcast, you may have difficulty deciding which would be the best for you. However, the ideas shared here are not meant to confuse you but to make sure you understand the available options. Then with tools like the Investor DNA, you can pursue opportunities most aligned with your skills and personality, giving you the best chance to succeed. In today's episode, Russ and Joey go through their different passive income streams and provide insights on each one so you can learn from their experiences. January 2023 Income At-A-Glance: Gross Income for January: $120,967.94Total Expenses for January:$82,800.48Total Net Profit for January: $38,167.46 Difference b/t December & January: ($3,571.54)% of net profit to overall gross revenue: 32%Subscribe to Our YouTube Channel:https://www.youtube.com/@WealthWithoutWallStreetCheck Out Our Monthly Passive Income Reports: https://www.wealthwithoutwallstreet.com/passive-incomeFree Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallTurn Active Income Into Passive Income:https://www.wealthwithoutwallstreet,com/PIOS Take the Financial Freedom Analyzer:https://wealthwithoutwallstreet.com/quizLearn How to Invest in Real Estate with The Land Geek:https://www.thelandgeek.com/Discover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/passportShort-Term Rentals in Birmingham:https://wakeupinbirmingham.com/Short-Term Rental Course:https://www.wealthwithoutwallstreet.com/strcourseApply to Join the Passive Income Mastermind:https://www.wealthwithoutwallstreet.com/wwws-passive-income-mastermind

Feb 21, 2023 • 52min
Round Table | Are Insurance Companies Anti-IBC?
Are you utilizing IBC to build passive income? If so, should you be concerned about the internal memo issued by an insurance company to their salesforce condemning certain life insurance sales practices, which includes associating its products with Infinite Banking? Are Insurance Companies Anti-IBC?Certain articles and reactions mention that the insurance company will supposedly reject life insurance applications if the policy for which the proposed owner applies is “based on such a concept or strategy” as the Infinite Banking Concept. So do we know why they are shutting down IBC?Tune in and hear Russ, Joey, and the Financial Freedom Coaches discuss the following:What exactly are life insurance companies against?What are life insurance policies designed to do?What are life insurance policies designed NOT to do?Are we concerned about this memo?And more!Turn Active Income Into Passive Income:https://www.wealthwithoutwallstreet.com/PIOSFind Out How Close You Are to Financial Freedom: https://go.wealthwithoutwallstreet.com/quizIf you want better control of your future, join the Wealth Without Wall Street Community: https://www.wealthwithoutwallstreet.com/communityTake advantage of a Free Financial Strategy Call: https://www.wealthwithoutwallstreet.com/freecallDiscover Your Path to Financial Freedom: https://www.wealthwithoutwallstreet.com/pathJoin the Passive Income MasterMind: https://www.wealthwithoutwallstreet.com/club200---Want to go even deeper into the conversation? Join our IBC Inner Circle Group membership and gain access to our live podcast recordings, interactive Hot Seat guests on the topics, and exclusive Q&A sessions with other members and our coaches. Join here: https://wwws.link/inner-circle-sign-up

Feb 16, 2023 • 39min
The Pros and Cons of Private Lending as a Passive Income Stream with Liam Leonard
If you had to choose between a lucrative, high-profile job and spending time with your family, which would you choose? While many would want to be with their family, the pressure of earning money often gets in the way. But what if you've built enough nest egg? Where would you invest the money to build a passive income stream?Does the thought of lending your money for a fair rate of return appeal to you? If you're interested in trying it out, join Russ and Joey today as they chat with Liam Leonard, founder and CEO of LIONSCOVE. Before LIONSCOVE, Liam held executive positions at T-Mobile across various functions, which gave him excellent leadership training that proved useful when he decided to build a business. Top 3 Things You’ll Learn:Why private lending is an excellent path to creating passive incomeHow do you know if a deal is good?How to protect your interest as a lenderAbout Our Guest:Liam Leonard is the leader and visionary for LIONSCOVE. He established LIONSCOVE because he wanted to have a greater impact in his community and free himself from the mental model that organizations make choices for you. He wanted to create something that didn’t necessitate being on the road all the time or tied to his phone. Family comes first, and that’s precisely the culture Liam has established at LIONSCOVE.Liam has been involved in real estate lending for 5+ years and is responsible for originating hundreds of loans personally during that time. He is also an active real estate investor with a portfolio of projects spanning ground-up development projects, turnkey rentals, adult family homes, short-term rentals, and even international rentals. Before LIONSCOVE, Liam held executive positions at T-Mobile across various functions, which prepared him to have firsthand knowledge of key corporate functions to lead LIONSCOVE effectively.Connect with Liam Leonard:Website - https://lionscove.com/Take Advantage of a Free Financial Strategy Call:https://go.wealthwithoutwallstreet.com/free-financial-callDiscover Everything You Need to Know About Short-Term Rentals in One Course:https://go.wealthwithoutwallstreet.com/strcourseTurn Active Income Into Passive Income:https://go.wealthwithoutwallstreet.com/PIOSDetermine How Close You Are to Financial Freedom:https://go.wealthwithoutwallstreet.com/quizKnow Your Investor DNA: https://www.wealthwithoutwallstreet.com/investordnaLearn How to Invest in Raw Land with The LandGeek:https://www.thelandgeek.com/
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.