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Investing for Passive Income: Small vs. Big Deals

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Manage episode 421059344 series 2499406
Content provided by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you’re worried about saving enough of your earnings to meet your financial goals, building wealth through passive income might appeal to you. But which passive income idea should you pursue? Does the size of your investment matter?

In today's episode, Russ and Joey discuss some of the small and big deals they have been considering and the income potential of each transaction. They also discuss their different passive income sources and what they earned for April 2024.

While many of their investments have been successful, a couple have not performed as well as expected.

Top three things you will learn:

-Comparing small and big deals

-The upside of hiring an operator

-Passive income ideas that have been consistently making money

April 2024 Income At-A-Glance:

Gross Income for April: $56,160.00

Total Expenses for April: $13,152.81

Total Net Profit for April: $43,007.19

Difference b/t March & April: ($4,170.24)

% of net profit to overall gross revenue: 77%

Wealth Without Wall Street New Book:

https://go.wealthwithoutwallstreet.com/newbook

Free IBCA or Financial Freedom Discovery Calls:

https://www.wealthwithoutwallstreet.com/freecall

Join Our Next Inner Circle Live Event

https://go.wealthwithoutwallstreet.com/inner-circle-live

Promo Code: PODCAST

Explore the World's Largest Car Sharing Marketplace:

https://turo.com/

Learn How to Invest in Real Estate with The Land Geek:

https://thelandgeek.com/


Turn Active Income Into Passive Income:

https://go.wealthwithoutwallstreet.com/pios


Take the Financial Freedom Analyzer:

https://wealthwithoutwallstreet.com/quiz


Subscribe to Our YouTube Channel:

https://youtube.com/@WealthWithoutWallStreet


Check Out Our Monthly Passive Income Reports:

https://wealthwithoutwallstreet.com/passive-income


Discover Your Path to Financial Freedom:

https://wealthwithoutwallstreet.com/passport


Apply to Join the Passive Income Mastermind:

https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind


How to Buy Online Businesses for Profit:

https://go.wealthwithoutwallstreet.com/freedomnavigator


Freedom Travel Support System:

https://freedomtravelsystems.com/www


Join Our Short-Term Rental (STR) Course:

https://go.wealthwithoutwallstreet.com/strcourse


Invest With Your Friends and Family:

https://tribevest.com/partners/wwws


STACK Candles:

https://stackcandles.com/


Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

https://go.wealthwithoutwallstreet.com/cars


Join the Wealth Without Wall Street Affiliate Program:

Email - info@wealthwithoutwallstreet.com and say: I have to be in your Affiliate Program because I believe in what you're doing.


  continue reading

579 episodes

Artwork
iconShare
 
Manage episode 421059344 series 2499406
Content provided by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by By Russ Morgan & Joey Muré, By Russ Morgan, and Joey Muré or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you’re worried about saving enough of your earnings to meet your financial goals, building wealth through passive income might appeal to you. But which passive income idea should you pursue? Does the size of your investment matter?

In today's episode, Russ and Joey discuss some of the small and big deals they have been considering and the income potential of each transaction. They also discuss their different passive income sources and what they earned for April 2024.

While many of their investments have been successful, a couple have not performed as well as expected.

Top three things you will learn:

-Comparing small and big deals

-The upside of hiring an operator

-Passive income ideas that have been consistently making money

April 2024 Income At-A-Glance:

Gross Income for April: $56,160.00

Total Expenses for April: $13,152.81

Total Net Profit for April: $43,007.19

Difference b/t March & April: ($4,170.24)

% of net profit to overall gross revenue: 77%

Wealth Without Wall Street New Book:

https://go.wealthwithoutwallstreet.com/newbook

Free IBCA or Financial Freedom Discovery Calls:

https://www.wealthwithoutwallstreet.com/freecall

Join Our Next Inner Circle Live Event

https://go.wealthwithoutwallstreet.com/inner-circle-live

Promo Code: PODCAST

Explore the World's Largest Car Sharing Marketplace:

https://turo.com/

Learn How to Invest in Real Estate with The Land Geek:

https://thelandgeek.com/


Turn Active Income Into Passive Income:

https://go.wealthwithoutwallstreet.com/pios


Take the Financial Freedom Analyzer:

https://wealthwithoutwallstreet.com/quiz


Subscribe to Our YouTube Channel:

https://youtube.com/@WealthWithoutWallStreet


Check Out Our Monthly Passive Income Reports:

https://wealthwithoutwallstreet.com/passive-income


Discover Your Path to Financial Freedom:

https://wealthwithoutwallstreet.com/passport


Apply to Join the Passive Income Mastermind:

https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind


How to Buy Online Businesses for Profit:

https://go.wealthwithoutwallstreet.com/freedomnavigator


Freedom Travel Support System:

https://freedomtravelsystems.com/www


Join Our Short-Term Rental (STR) Course:

https://go.wealthwithoutwallstreet.com/strcourse


Invest With Your Friends and Family:

https://tribevest.com/partners/wwws


STACK Candles:

https://stackcandles.com/


Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

https://go.wealthwithoutwallstreet.com/cars


Join the Wealth Without Wall Street Affiliate Program:

Email - info@wealthwithoutwallstreet.com and say: I have to be in your Affiliate Program because I believe in what you're doing.


  continue reading

579 episodes

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