CDL 27: The Secret Real Estate Shortcut To Wealth...
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So the big question is this, what would you do if money didn't matter? So you had millions in your bank account, what would you focus on? Would you spend more time with your family, with your wife, with your kids? Take family vacations.
Would you pursue your gifts and talents and dreams? Serve your local community, teach others, serve your church. You see if what you would do if money didn't matter, it was pursuing your gifts and talents and dreams to serve others, and that is probably what you should be doing.
The problem is most people are in the rat race, living five inches in front of their face with no time to pursue what they were born to do. That is the problem, and the solution is to develop enough passive income to replace your working income so you can quit your job and be free to live your life the way you were created to.
That is a solution and this podcast will show you how...
Hey, what's happening everybody, this is Ryan Enk, your host with another awesome episode of Cash Flow Dad Life.
Today. I'm going to show you a secret weapon in real estate if you were not using this strategy. If, if, if, if you have a plethora of properties out there, even if you're just trying to get started, this is something that I wished that I would have known when I first got started.
This, uh, this thing that I'm going to teach you about has the ability to dramatically change your wealth and dramatically increase your profits on every single real estate deal. So tell you a story. The other day went out on my boat with a, with a couple friends and my wife and we went down river one way and then there's this really cool restaurant called the chimes, which is the opposite direction. The thing is, it's a little shallow getting two times.
So as we're about to dock in my house, we were having a good time on the boat. So everybody's like, Hey, let's skip Ryan's house, which has the free drinks and uh, and let's go to chimes and pay money for drinks. So whatever. Everybody wanted to do it.
So I was like, all right, let's go. So we're going down river, we get the chimes were having a great time and then we leave on the way back. Now this is about three miles down river from my house on the back on the way back. For some reason my engine just stops on the boat, so my crap. So it's actually at this public park area called Boba fly a park that we pull over, kind of on the sand banks and um, and I jump out into the water and um, I'm trying to see if I've gotten a gas and this has happened on this boat before where it was a little deceiving the gas gauge because it actually showed having like a quarter of a tank or uh, but it.
But it ended up being completely empty. So I've been stranded on this river before, not my first Rodeo. So I call a buddy and I'm like, hey man, I think it just ran out of gas at this point. It's like 1130 at night and thank God I've got some really awesome friends. So this guy leaves, it's a school night. He leaves, brings me a five gallon of gas and I fill it up, turn the key, still won't work.
So I'm like, oh crap. And so I have three other people on the boat. And they're like, well now what? I was like, well look, you guys can catch a ride back with this guy, but I see no other other alternative. Now granted I'm not thinking like a 100 percent here. It's late and I had had a drink or two and I was like, I see no other alternative.
I'm going to swim this boat back. An --- Support this podcast: https://podcasters.spotify.com/pod/show/cashflow-dadlife/support
62 episodes