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Passive Income 2019: How I now earn $7930 per month passively
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Real Estate / Investing 101 - Passive Income 2019: How I now earn $7930 per month passively

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Real Estate / Investing 101 Passive Income 2019: How I now earn $7930 per month passively

Passive Income 2019: How I now earn $7930 per month passively Transcript and Lesson Notes

Here’s exactly how I was able to increase my passive income from $6370 per month to $7930 per month within just one year, and some of the tips I’ve learned along the way. Enjoy! Add me on Instagram/Snapchat: GPStephan Jo

Quick Summary

Here’s exactly how I was able to increase my passive income from $6370 per month to $7930 per month within just one year, and some of the tips I’ve learned along the way. Enjoy! Add me on Instagram/Snapchat: GPStephan Jo

Key Takeaways

  • Review the core idea: Here’s exactly how I was able to increase my passive income from $6370 per month to $7930 per month within just one year, and some of the tips I’ve learned along the way. Enjoy! Add me on Instagram/Snapchat: GPStephan Jo
  • Understand how passive income fits into Passive Income 2019: How I now earn $7930 per month passively.
  • Understand how passive income 2019 fits into Passive Income 2019: How I now earn $7930 per month passively.
  • Understand how passive income ideas fits into Passive Income 2019: How I now earn $7930 per month passively.
  • Understand how passive income ideas 2019 fits into Passive Income 2019: How I now earn $7930 per month passively.

Key Concepts

Full Transcript

Here’s exactly how I was able to increase my passive income from $6370 per month to $7930 per month within just one year, and some of the tips I’ve learned along the way. Enjoy! Add me on Instagram/Snapchat: GPStephan Join the private Real Estate Facebook Group: https://www.facebook.com/groups/therealestatemillionairemastermind/ GET $50 OFF FOR A LIMITED TIME WITH COUPON CODE: THANKYOU50 The Real Estate Agent Academy: Learn how to start and grow your career as a Real Estate Agent to a Six-Figure Income, how to best build your network of clients, expand into luxury markets, and the exact steps I’ve used to grow my business from $0 to over $125 million in sales: https://goo.gl/UFpi4c How I make $7930 per month: Owning six rental properties - $4900/month Paying down 3x mortgages - $2500/month in equity Index Funds - $200/month Ally Bank Savings Account - $330/month Note: The rental properties aren’t 100% passive..it still requires some time accounting income and expenses… but seriously, I have everyone on staff to handle things as they come up. Some of the things I’ve stuck with over the last year: Staying consistent: I really stuck to what I knew best…which is finding undervalued real estate with upside potential and renting it out. Anytime you’re investing your MONEY for passive income, have the same outlook. Unless the fundamentals of your investment have MASSIVELY changed, just hold and continuing investing by trusting the process that long term, you’ll do just fine. Hiring a property manager. Even with their fee, it took a massive mental burden off my shoulders in terms of managing a property and a brand new tenant. Third, I’ve continuing to live frugally and invest when I find a good deal. Even though $4900 per month is coming straight from rents, I still do my best to save as much of that as I can and just re-invest it into more real estate whenever I find a good enough deal. For all of you watching, none of this would’ve ever been possible had I not lived frugally, saved as much as I could, and invested everything I had when the fundamentals made sense. And fourth, one last thought I’d like to make…even though I’m against trying to time the market, or wait for a recession or anything before buying in…just understand that if prices GO DOWN, THIS IS GOOD. I made my best investments in 2011 and 2012…people were telling me NOT to invest, that the markets were going down even further, that I should just hold cash… Instead, I bought long term, when it made sense, for the right deal, and just held…then saved for more. When building up your passive income empire, start small…focus on one dollar at a time, and continue growing it to something huge. If you’ve actually read this far, I hope you appreciate the transparency - I’m doing these videos as an example of what’s possible and to plant the seed why passive income and investing is absolutely important. Thanks again for watching! Feel free to comment below, let me know your thoughts, questions, anything… For business or one-on-one real estate investing/real estate agent consulting inquiries, you can reach me at GrahamStephanBusiness@gmail.com My ENTIRE Camera and Recording Equipment: https://www.amazon.com/shop/grahamstephan?listId=2TNWZ7RP1P1EB

Lesson FAQs

What is Passive Income 2019: How I now earn $7930 per month passively about?

Here’s exactly how I was able to increase my passive income from $6370 per month to $7930 per month within just one year, and some of the tips I’ve learned along the way. Enjoy! Add me on Instagram/Snapchat: GPStephan Jo

What key concepts are covered in this lesson?

The lesson covers passive income, passive income 2019, passive income ideas, passive income ideas 2019, passive income explained.

What should I learn before Passive Income 2019: How I now earn $7930 per month passively?

Review the previous lessons in Real Estate / Investing 101, then use the transcript and key concepts on this page to fill any gaps.

How can I practice after this lesson?

Practice by applying the main concepts: passive income, passive income 2019, passive income ideas, passive income ideas 2019.

Does this lesson include a transcript?

Yes. The full transcript is visible on this page in indexable HTML sections.

Is this lesson free?

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