As you search for passive income opportunities that fit your lifestyle and personality, why not consider investing in syndications? One huge benefit of syndications is the ability to leverage other investors' resources and capital to get involved in bigger deals. It also offers additional benefits such as substantial tax benefits and a steady cash flow. If you have questions about investing in syndications, today's roundtable breaks it down for you. Tune in and discover how investing in sy...
Apr 04, 2023•40 min•Transcript available on Metacast Just recently, we witnessed a US bank's biggest failure as the tech industry's primary lender succumbed to a classic bank run. The collapse triggered market panic as bank customers frantically tried to recover their money. Within the same week, a few more major banks ran into trouble. With banks failing, people are asking, "Is my money safe?" In today's episode, Russ and Joey talk about recent events and share their insights on the places where you can put your money instead of keeping it in the...
Mar 30, 2023•43 min•Transcript available on Metacast If you want to start or add a passive income stream this year, why not check if a car rental business can work for you? After all, people are always traveling, and many need a vehicle while on the road. That means a car rental business has steady demand and can be very lucrative. However, you’ll have to work hard and be patient as you start this business. Learn as much as you can about the car rental space as you listen to Russ, two Financial Freedom Coaches, and a car rental expert discus...
Mar 28, 2023•50 min•Transcript available on Metacast Did you know that having short-term rentals in your portfolio can be a powerful wealth-building strategy? Even better, you can do it as a passive investor so you can spend more of your time with your family, hobbies, and adventures and live a wonderful life. Find out how in today's episode with Sief Khafagi, CEO and co-founder of Techvestor, which acquires and operates STRs (short-term rentals). Top 3 Things You’ll Learn: Criteria for selecting properties and markets How important it is to...
Mar 23, 2023•39 min•Transcript available on Metacast Many of us can learn how the rental business works faster than any other investment. It's simple and profitable and can be your gateway to passive income if you're willing to patiently grow your wealth over the long term. As long as people need a clean and warm living environment and properties are being built, there will always be a demand for long-term rentals. But is acquiring and managing long-term rentals for you? Tune in and find out more about the long-term rental space as Rus...
Mar 21, 2023•1 hr 3 min•Transcript available on Metacast Did you know that Russ and Joey have written a book? Thats right! A ghostwriter helped them turn their financial freedom ideas into a valuable resource for people who want to build passive income and achieve financial freedom. In today's episode, Russ and Joey interview John Feldman, the guy who helped them write their book. They talk about what it's like to learn about IBC from the point of view of a ghostwriter helping aspiring authors get their insights and ideas out into the world.&nbs...
Mar 16, 2023•35 min•Transcript available on Metacast If you've traveled to different places, you would have stayed in a short-term rental property or used Airbnb to find suitable accommodation. And you're not the only one. A growing number of people are choosing to stay in short-term rental properties instead of hotels, so if you're planning to venture into real estate, consider investing in short-term rentals (STR). After all, a short-term rental investment remains lucrative in 2023. To learn more about STR, tune in as Russ, Joey, and the Financi...
Mar 14, 2023•45 min•Transcript available on Metacast Becoming financially free does not have to be difficult. But it is! It is complicated because we constantly get distracted by many things in our busy lives. We don't know what to do, and we don't have time to figure it out. But what if someone can show you how to install a system to put your finances on autopilot? In this episode, Russ and Joey explain the Passive Income Operating System to teach people how to automate their financial system while they go on living their busy lives. If you want ...
Mar 09, 2023•48 min•Transcript available on Metacast Investing in raw land is one of the best ways to make money in real estate. But it is also the most overlooked opportunity. Land flipping is a pretty simple concept, and it's probably better than every other real estate business model out there. However, everything worth doing takes a lot of work to accomplish. So before you get started flipping land, you need to understand your Investor DNA and see how well your personality fits into this type of business. To learn more about land f...
Mar 07, 2023•48 min•Transcript available on Metacast How many 22-year-olds do you know get a vision for financial freedom and crush it in just three years? Today's episode is about someone who went on to pursue something completely different than what he trained for. People with stable jobs usually take the safe route of going to work every day and waiting for the paycheck that comes twice a month instead of trying something different. They make their dreams wait for the perfect time until it's too late. But Josh Ferrari took the plunge and ...
Mar 02, 2023•41 min•Transcript available on Metacast Are you confident about how you set up your first insurance policy? Do you really know the components of it? You often set it up the way someone else thought was the best design for your policy, but that someone has a very limited understanding of the process. So where do you go to seek the right information? Today's conversation covers the differences between the base premium in a dividend-paying whole life insurance policy vs. the PUA (Paid-Up Additions). Also, Russ, Joey, and JD talk about th...
Feb 28, 2023•55 min•Transcript available on Metacast With the many passive income ideas shared in this podcast, you may have difficulty deciding which would be the best for you. However, the ideas shared here are not meant to confuse you but to make sure you understand the available options. Then with tools like the Investor DNA, you can pursue opportunities most aligned with your skills and personality, giving you the best chance to succeed. In today's episode, Russ and Joey go through their different passive income streams and provide insi...
Feb 23, 2023•48 min•Transcript available on Metacast Are you utilizing IBC to build passive income? If so, should you be concerned about the internal memo issued by an insurance company to their salesforce condemning certain life insurance sales practices, which includes associating its products with Infinite Banking? Are Insurance Companies Anti-IBC? Certain articles and reactions mention that the insurance company will supposedly reject life insurance applications if the policy for which the proposed owner applies is “based on such a concept or ...
Feb 21, 2023•52 min•Transcript available on Metacast If you had to choose between a lucrative, high-profile job and spending time with your family, which would you choose? While many would want to be with their family, the pressure of earning money often gets in the way. But what if you've built enough nest egg? Where would you invest the money to build a passive income stream? Does the thought of lending your money for a fair rate of return appeal to you? If you're interested in trying it out, join Russ and Joey today as they chat with Liam Leona...
Feb 16, 2023•39 min•Transcript available on Metacast Have you set your heart on a passive income stream that will get you to financial freedom? What makes you so sure about it? Unfortunately, people usually get excited about good deals without truly understanding what makes it a good investment. There are many passive income ideas that you can explore. But first, you must know which one you're compatible with and choose the one that best suits your Investor DNA. Much like falling in love, finding the right one involves compatibility and commitment...
Feb 14, 2023•41 min•Transcript available on Metacast When you have four young kids, you would naturally do whatever you can to give them a better future. You will sometimes come up with so many ideas that you can't wait to pursue. And there's definitely nothing wrong with trying different things. But how many times can you take action in the wrong direction before you run out of luck? You just can't afford it. When you don't understand your Investor DNA, you will end up chasing different investment opportunities and get frustrated when things do n...
Feb 09, 2023•43 min•Transcript available on Metacast How would you feel if you were running your own bank? If you have no idea about it but want to know how to implement it, this episode is exactly what you need. Today's conversation is about the core of the Infinite Banking Concept (IBC) and how to become your own banker , as discussed in R. Nelson Nash's book. A number of wealthy people use this concept to grow multi-generational wealth and create financial freedom for themselves and their children. So get ready to find out more about the Infini...
Feb 07, 2023•1 hr 1 min•Transcript available on Metacast Are you interested in buying properties without using your own money? Many people are learning how to use other people's money to invest in real estate. If you're willing to learn, there are creative ways to finance your purchases. Today's guest will show you how in this episode of Wealth Without Wall Street. Pace Morby is one of the hosts of the TV show The Triple Digit Flip . He is originally a contractor who was hired on as a flipper for some popular iBuyer portfolios. Pace flipped over...
Feb 02, 2023•56 min•Transcript available on Metacast Passive income is an excellent way to generate extra income, whether you have a side hustle or a small business venture that gives you additional cash flow each month. With passive income, you can have money coming in even while you pursue your nine-to-five job. Then, when you can finally build up a solid passive income stream, you might want to leave your full-time job. Either way, a passive income gives you that security. If you think you must be an entrepreneur to create passive income, that'...
Jan 31, 2023•50 min•Transcript available on Metacast Building passive income streams is something that many people want to achieve. But first, let's be clear that passive income ideas require an upfront monetary investment or time investment. How do you start investing in something that will bring you consistent income without much effort on your part? In this episode, Russ and Joey talk about their 11 passive income streams, which brought them $523,201 net income for 2022. Listen up as they discuss the pros and cons of investing in each inc...
Jan 26, 2023•50 min•Transcript available on Metacast What was the first live event you attended this year? How was the experience, and what was the most memorable thing, lesson, or conversation you had from that event? As Russ and Joey would say, live events change lives. If you missed joining the Inner Circle Live Event, this is your chance to hear valuable ideas as the Wealth Without Wall Street Team shares their biggest takeaways. Feel their excitement as each of them experienced light bulb moments while sitting in the room with experts in the ...
Jan 24, 2023•57 min•Transcript available on Metacast As you think about your strategies for building wealth in 2023, you might want to consider doing syndications. If you need help with how it works and why it's an excellent investment strategy, today's guest can help you. He will also share what passive income strategies will work in 2023, what asset classes he's personally considering, and a few more helpful details on navigating the world of investing. Dave is a returning guest. He was first featured in September 2020, where he talked abo...
Jan 19, 2023•45 min•Transcript available on Metacast Would you ever have a mentor who has yet to do or be where you want to be? Of course not! The easiest way to know that you're working with the right Financial Freedom Coach or mentor is when your goals and aspirations are aligned with theirs. When they can show you what they have accomplished using the systems and processes that they are teaching you, and they live the life you envisioned for yourself, you know you're in good hands. As you evolve and grow, you may also need to work with differen...
Jan 17, 2023•45 min•Transcript available on Metacast With the different passive income ideas out there, have you ever thought about investing in the Oil & Gas industry? If you want to know how to participate in this type of investment, this is your opportunity to learn from Eric Rice. He is the Chief Growth Officer at King Operating Corporation, an independent oil and gas operator with over twenty-six years of experience developing and producing oil fields in Texas, Oklahoma, Kansas, Colorado, and Wyoming. This episode is for you if you are in...
Jan 12, 2023•33 min•Transcript available on Metacast If you've heard about the Infinite Banking System as a tool to build passive income but still have questions, this episode might have the answer you seek. Today's conversation answers questions many people ask when they first hear about IBC and how to build passive income. It's time to clear those doubts, get answers to your burning questions, and take action. 2023 is the year you move forward with your financial freedom journey; it all begins right now. Tune in and hear Russ, Joey, and the Fina...
Jan 10, 2023•51 min•Transcript available on Metacast Is it the end of crypto? Cryptocurrency has always been volatile. However, 2022 has seen the most unpredictable changes in the prices of popular cryptocurrencies. In fact, some crypto companies are facing bankruptcy because of the plunge in prices. What caused the downturn? Will the crypto market ever recover? Listen to this insightful conversation between Russ, Joey, and their guest, Bob Burnett. Also known as “Bitcoin Bob,” he is the founder and CEO of Barefoot Mining , a company focused on de...
Jan 05, 2023•45 min•Transcript available on Metacast As we start the New Year, people from all walks of life write down their New Year's Resolutions for 2023. It has been a practice for a lot of people year after year. What about you? Do you believe in making New Year's resolutions? Why do you think many people fail at keeping up with their resolutions? Is there a better way to plan and achieve what you want? You will find the answers to these questions in today's round table. Tune in and hear Russ, Joey, and the Financial Freedom Coaches ta...
Jan 03, 2023•54 min•Transcript available on Metacast It's almost the end of the year, and it's time to evaluate what we have achieved and decide what we need to start, stop or continue as we begin the New Year. Russ and Joey have come a long way since the first time they shared their Monthly Passive Income Report. To this day, they have never stopped giving value, sharing passive income ideas, and allowing people to take a look at their numbers so they can inspire those who want to achieve financial freedom. Wherever you are in your journey, the M...
Dec 29, 2022•37 min•Transcript available on Metacast Is there something more important than profitability? It's cash flow. It's a critical indicator of your overall financial health. Knowing what affects your cash flow and having the ability to limit unnecessary cash outflow can help you prepare for challenges. But more importantly, you must continuously find creative ways to increase your cash flow to fund your investments and grow your passive income streams. Today, Russ, Joey, and the Financial Freedom Coaches talk about the following asp...
Dec 27, 2022•44 min•Transcript available on Metacast Is the deal worth doing? This is a question we must ask before engaging in a transaction. However, we often chase after things that are not worth our time and later regret it. So how can we save ourselves from such a predicament? Follow the advice of today's guest, Jeff Stephens, to determine if you should move forward with the deal or not. Jeff is the Founder of The Thoughtful Real Estate Entrepreneur and host of the podcast Racking Up Rentals . He is a full-time real estate entrepreneur ...
Dec 22, 2022•39 min•Transcript available on Metacast