Round Table | Coaches Quarterly Passive Income Update

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1 year ago
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Would you ever have a mentor who has yet to do or be where you want to be? Of course not! The easiest way to know that you're working with the right Financial Freedom Coach or mentor is when your goals and aspirations are aligned with theirs. When they can show you what they have accomplished using the systems and processes that they are teaching you, and they live the life you envisioned for yourself, you know you're in good hands. As you evolve and grow, you may also need to work with different mentors. So, where do you find these people who can lead you to the right path in 2023?

Tune in and hear Russ, Joey, and the Financial Freedom Coaches share their Quarterly Passive Income Update, where they cover the following:
What they did in Q4 2022 that they will continue to do in 2023
What is their overall financial freedom strategy?
What is their market outlook, and what are they excited about as we start 2023?
And more!

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05:54 - Are there some things in today's conversation that you will share that I hadn't heard before, or have you told me about these things?
6:52 - Do you have some real estate deals you did in the last quarter that you want to talk about today?
07:57 - How have you been pursuing financial freedom yourself?
09:04 - What would you say was the specific action you took in 2022 that led you to that big of an adjustment?
09:59 - Have you always had that thought process? Have you always thought about putting as little into your house as possible and using the equity to do what you're doing?
10:56 - What gave you the confidence to know that that was the best decision for you?
12:46 - What are the things you've been working on?
14:21 - What are your biggest lessons in the short-term rental world? Was it your first rental property on which you've done a short-term rental?
16:09 - Does the unexpected switch to short-term rentals change your overall strategy to get to financial freedom?
18:10 - What happened in the 4th quarter for you in relation to passive income?
22:26 - What else have you been up to this last quarter that you're focusing on going into the first quarter of 2023?
24:23 - What is your opinion about the real estate market in 2023?
26:16 - How do you see the rising price and interest rates affecting first-time home buyers?
29:01 - Are rental property owners increasing rent right now, or are they staying the same?
30:48 - What are you excited about personally in the real estate world? Are you looking for more properties on which you can do short-term rentals for 2023? What are your thoughts?
32:27 - What are the projects you're working on, and what are you excited about as we move into the first quarter of 2023?
35:15 - What sort of investment were you able to make by the end of the year that had bonus depreciation?
35:33 - How did you do due diligence on deals like that?
36:33 - Is there anything else you want to add or look forward to in 2023 that will get you closer to your goal?
38:27 - What are your final thoughts?

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