Our military oriented real estate investing blog.
Hey, what's going on guys super excited for today's episode, you saw the title, so you know you're in for an amazing treat. But before we get there, I want to take care of a couple housekeeping items. Number one, I want to really recognize our partners at the National Coalition for homeless veterans this giving, seizing if you can find it in your heart to give we appreciate the support that you give to those who are out there working hard to fight against veteran homelessness. We still have about 38,000 plus homeless veterans that are suffering in the streets with a whole bunch of things from PTSD to substance abuse to you name it and they need the support out there. National Coalition for the homeless vets do an amazing job at it. And you can find information on how you can support down below in the show notes page.
Lastly, I want to take a moment to highlight a five star review I haven't done in a while. So I want to bring this back. This one's...
Hey, what's going on guys welcome to the active duty passive income podcast super excited for another episode hope you guys had a great weekend if you were a member of the Navy team My condolences I feel your pain so much you know try it again this year and unfortunately came up short. But uh. I guess there's always next year right? Anyway, hope you guys are doing great out there super excited to introduce to you Eric up church our COO as you know if you're part of our community.
Hey, what's going on guys? Welcome to the activity passive income podcast. Oh, man. Get excited. We've got Eric Upchurch. He is the man with the plan. Whoo. What's up, dude? What's going on Mike? Glad to be on. Thanks for having me. Not that you had a choice that would have made I would have made it here one way or the other. But I thank you, man. I feel like I'm talking to a celebrity here. Ahh man, get out of here dude. I'm talking to...
Have you heard the news? There is a student loan crisis in the United States! According to Forbes.com, Americans collectively owe 1.5 trillion dollars in student loan debt. I believe young people looking to grow their futures and build careers are going in the wrong direction. For those that want to build a business or invest in real estate, how is one to build cash with huge loan balances lasting years after graduation? With the high costs of tuition and fees, it must be impossible to get a college degree without a massive amount of debt, right?
Wrong! Dead wrong!
This is how I GOT PAID to earn three college degrees and a training certificate. By minimizing outgoing expenses, I was able to accumulate over one million dollars in real estate by the age of 30. Let's get started!
First and foremost, I did not come from a wealthy family that funded my college. My family was not overly wealthy; yet, we also were not going hungry. We were comfortably...
In this episode, we get a chance to deep dive fix and flips with Dan Krupa, former Army Infantry Officer, and CEO of Revile Homes. Dan gives us insight into some of the good practices while getting into the Flipping game. This is one you don't want to miss!
The One Thing by Gary Keller
The Cashflow Quadrant by Robert Kiyosaki
Enjoy the episode? Review us on iTunes!
Schedule a call with Mike or text ADPI to 444-999
*** Please help support our friends in the NCHV (National Coalition For Homeless Veterans) as they help fight Veteran Homelessness across the country. You can donate to their cause on our website, or by clicking HERE. ***
To find out how you can build $10,000 a month in Passive...
Contributed by Chad Payton
I’m assuming that you have read the recent exchanges between Suze Orman and Mr. Money Mustache on the topic of the FIRE movement. I tend to be more in line with the FIRE movement philosophically, however, I think that they are both playing an inefficient financial game that may or may not set them up for financial independence. The debate is interesting when you step back and analyze what they are actually arguing. They both maintain that you should accumulate net worth over time and at some point, based on a set of assumptions, begin to withdrawal for cash flow. The investing strategy is more or less the same. Put your money into the market with a diversified strategy consisting primarily of paper assets. The only real difference is the magic number of how much to accumulate prior to the drawdown phase. Suze maintains that you should build up between 8-10 Million dollars and Mr. Money Mustache says it can be done with $500k - $800k and maintain...
The FHA has revised its lending guidelines - are we headed for another financial crisis?
I keep seeing a certain Wall Street Journal Article being bandied about today along with some pretty strong claims that “it’s 2008 ALL OVER AGAIN!”. Besides simply wanting to tell everyone to calm down (last time I checked we’re adults) I think it’s a fairly interesting topic for investors to be considering and discussing. In the interest of education and thoughtful discourse, I wanted to address the article topic and give some thoughts and resources.
First, let’s talk about what the WSJ article says AND where they got their information from (I’m going to totally shock you and give original sources). WSJ got their information from this HUD Update released on March 14 outlining the reasoning and restrictions being placed on the Total Mortgage Scorecard and focuses its article on the number of people that the FHA will be excluded from lending...