Our Passive Income Report - April 2023

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1 year ago
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With talks of inflation and concerns over the banking sector, many people are on the lookout for any edge they can get to ease their financial burdens. In times like these, isn't it nice to have passive income streams and steady cash flow?

In today's episode, Russ and Joey discuss their Passive Income Report for April 2023. Along with showing the numbers, they walk through the different investment opportunities they have ventured into to give you insights on where you can get the most return from your investments.

If you're looking for ways to create passive income streams, this episode will give you some ideas on what's working in the current economy.

April 2023 Income At-A-Glance:
Gross Income for April: $148,241.85
Total Expenses for April:$113,517.69
Total Net Profit for April: $45,724.16
Difference b/t March & April: ($5,969.46)
% of net profit to overall gross revenue: 31%

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5:26 - What are your thoughts about our net income from our land business?
5:33 - What is your favorite passive income stream?
10:03 - What's your interest level in midterm rentals?
10:48 - Who else is a perfect fit for a midterm rental?
13:02 - What happened to the cost of Bitcoin just as we invested in Bitcoin mining?
13:31 - Should I be buying Bitcoin?
20:43 - How do you build passive income where you don't have to invest money, but you invest time on the front end that creates cash flow?
22:58 - What lessons are you learning from being in this mortgage fund?
25:40 - You cannot do anything about the fact that you lose money in the investing game. Can you?
26:07 - What makes investing through my system even better?

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https://www.wealthwithoutwallstreet.com/podcast/our-passive-income-report-april-2023

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