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How to Earn Residual Income in the Military

Aug 16, 2018

 

How to Earn Residual Income in the Military

The why: Financial Freedom

Save More, Spend Less? Nope! 

Before we talk about residual income, I would like to start by telling you a quick little story...

Years ago, I remember deciding, that I did not want my wife to feel like she "had to" go to work if she didn’t want to.

Then, thinking it was my only option, I tried to figure out how I would cut down our family expenses if we had a baby. After all, I wanted to start saving for his or her college.

This meant living more frugally.  

It meant cutting down our expenses and saving more.

I quickly realized that my future day-to-day lifestyle would most likely struggle.

Wait!

Don't forget saving for retirement! My wife and I wanted to make sure we could tell all the other military families that we had a solid TSP and Roth IRA for our future old-selves. We didn't want to seem financially uneducated.

But something did not feel right. My thought process seemed...

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ADPI_017: Post Deployment Lessons Learned

Aug 16, 2018


Episode Transcription:

Hey hey what's going on guys? How are you guys doing out there? Mike foster in the house again and this episode is going to be something a little special. I am actually on my way back from deployment in the Middle East. Right now we have a brief stop in Germany and we are heading home. I'm super excited and I really want to kind of touch on some lessons learned from this deployment with investing, in real estate and just you know stuff that I've learned, stuff that I wish I could have done better, stuff that worked well and just kind of impart a little bit of advice and some wisdom for those of you who may be trying to do the whole balancing military and an investing lifestyle. Either while on deployment or back at home and some of these things hopefully will be able to resonate with you. So yeah I hope you guys enjoy this and let me know what you think.

Hey freedom fighters welcome to the active duty passive income podcast. The only place where...

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ADPI_016: Generational Wealth Building

Aug 12, 2018


Episode Transcription:

Alright alright what's going on guys Mike foster here and I am excited to bring you an episode. Here actually a little something special and different. I did a Facebook video on my video log. I post videos every single Wednesday and this is an old one, but it's a good one and I really think it's an important message. Especially as we start to think about long-term wealth and passive income. Right we have to have vessels to put it in and it's smart and a strategic of us to build with the end in mind. Right build with the long term goal of generational wealth and this episode is going to explain to you a little bit about what I'm talking about. So enjoy.

Hey freedom fighters welcome to the active duty passive income podcast. The only place where military members, veterans and their families learn how to build wealth through real estate investing. I'm your host Mike Foster and I'm here to show you how to stop wasting your benefits. Now get off your ass, step...

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ADPI_015: Determination And The Will To Win with Aaron Chapman

Aug 10, 2018


Episode Transcription:

Oh My God guys, you definitely do not want to miss this one. I have an absolute legend on this podcast today. Without further ado, let's go ahead and kick it.

Hey, hey freedom fighters! Welcome to the Active Duty Passive Income Podcast. The only place where military members, veterans and their families learn how to build wealth through real estate investing. I'm your host Mike Foster, and I'm here to show you how to stop wasting your benefits. Now get off ass, step up to the firing line, and make ready for today's lesson.

Shooters standby.

Hey, hey, what's going on guys. Welcome to Active Duty Passive Income Podcast, I've got another awesome treat for you today. I am sitting here on the phone with Aaron Chapman, he is an amazing character. Honestly, I can't even-- I don't feel like introducing him, will do him justice but he's going to telling you all about himself, his business and how he operates in the CFO to change and guide your entire investment...

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ADPI_014: From 1 To 8 Properties In Just Over A Year

Aug 05, 2018


Episode Transcription:

Hey! Hey! what's going on guys, welcome to the Active Duty Passive Income Podcast you are in for a treat today folks. Let me tell you I've got Chad Peyton here and he is going to inspire you with the story on how he is able to acquire 8 properties in just over a year. So sit tag. 

Hey! Hey! Freedom Fighters welcome to the Active Duty Passive Income Podcast the only place where military members, veterans, and their families learn how to build wealth to real estate investing. I'm your host Mike Foster and I'm here to show you how to stop wasting your benefits. Now get off your ass, step up to the firing line and make ready for today’s lesson.

Shooters standby!

Hey! Hey! what’s going on guys welcome to another episode of Active Duty Passive Income Podcast we have a very special guest here. I've got Chad Peyton from Sta. Cruz California he is a father of two and he's got an awesome story for how he got started in real estate investing and I'm...

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ADPI_013: How The Buy A Property On TAD/TDY Orders

Aug 02, 2018


Episode Transcription:

Hey! Hey! what's going on guys happy Friday. Alright so today's episode is gonna be interesting I want to share a little story with you on how I was able to acquire property while on temporary assigned duty. It's gonna be very interesting and I'm going to prove to you that it can be done no matter how short your time is. Alright but first... 

Hey! Hey! Freedom Fighters welcome to the Active Duty Passive Income Podcast the only place where military members, veterans, and their families learn how to build wealth to real estate investing. I'm your host Mike Foster and I'm here to show you how to stop wasting your benefits. Now get off your ass, step up to the firing line and make ready for today’s lesson.

Shooters standby!

Alright! Alright! Alright! What’s going on guys welcome to the Active Duty Passive Income Podcast this is the place where we show you right military members, veterans and your families. We show you how to invest in real...

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ADPI_012: Introducing The Team Part #2

Jul 30, 2018


Episode Transcription:

Content here

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ADPI_011: How To Determine A Good Rental Market

Jul 26, 2018


Episode Transcription:

How do you determine a good rental market? This is an episode you are going to want to see if you've been tossing around the idea of investing both in and outside your backyard. Sit tight 'cause here we go!

Hey Freedom Fighters! Welcome to the Active Duty Passive Income Podcast, the only place where military members, veterans and their families learn how to build wealth through real estate investing. I'm your host Mike Foster and I'm here to show you how to stop wasting your benefits! Now get up your a**, step up to the firing line and making ready for today's lesson! Shooter standby!

Hey, hey what's going on guys, Mike Foster here at Active Duty Passive Income Podcast! We are excited to bring you another great episode. This one focuses on how to determine whether your rental market is good or not right now. This can be in your backyard if you're thinking about investing in a closed area or this could be something you want to use if you're thinking about...

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ADPI_010: Introducing The Team (Part 1)

Jul 22, 2018


Episode Transcription:

Hey hey alright alright welcome to the active duty passive income podcast. Today’s episode is going to be great. We’re going to introduce Adam Laver. He is our multi family guru. You’re going to get to know a little bit about him and he's going to give us some sneak peeks at what awesomeness is coming our way. So hang tight here we go. 

Hey hey freedom fighters welcome to the active duty passive income podcast. The only place where military members, veterans and their families learn how to build wealth through real estate investing. I'm your host Mike Foster and I'm here to show you how to stop wasting your benefits. Now get off your ass, step up to the firing line and make ready for today's lesson. Shooter stand by. 

Mike: Hey hey what's going on guys. How are you doing out there? Mike foster in the house with a very special guest and this one's a little closer to home. He is a teammate of mine here at ADPI. I am going to...

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ADPI_009 - Being Clear And Defined

Jul 19, 2018


Episode Transcription:

What are you working towards? What are your goals? Do you know why you want to invest in real estate? These are some of the questions I'm going to be asking you and we're going to break down some of the things that I learned getting started and why it's important sometimes to just reflect and figure out what is it that we're actually working towards. Because if you don't know then you won't have a clear direction on where you're going to go and without that clear direction it's going to take you a lot longer to get there.

Hey, freedom fighters welcome to the active duty passive income podcast. The only place where military members, veterans and their families learn how to build wealth through real estate investing. I'm your host Mike Foster and I'm here to show you how to stop wasting your benefits. Now get off your ass, step up to the firing line and make ready for today's lesson. Shooter standby.

Hey hey, what's going on ADPI? How are you doing? Mike...

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