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: $120,967.94
Total Expenses for January:$82,800.48
Total Net Profit for January: $38,167.46
Difference b/t December & January: ($3,571.54)
% of net profit to overall gross revenue: 32%

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00:44 - When you think of the things that we're doing, what sort of ideas does it give you?
03:31 - What is actually working right now? With inflation going crazy, with a lot of political and government-type pressures around people and, economically, it just doesn't feel right. Is that a fair statement?
04:58 - In light of what's happening, what else can we do? What things are on the agenda for 2023 that people should consider?
07:50 - You recently bought a truck that you will put in Turo. Can you talk about that?
17:29 - When does it make sense to be a lender to someone? When does it make sense for my capital to go into this deal?
26:23 - What's the biblical backing if we are to lend money to a fellow Christian?
39:15 - Are we getting revenue from insurance companies for damages to property, like flooding due to burst pipes brought about by the cold weather?

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