Flip & Dani review week 11 videos and give you their top takeaways for each episode. Whether you missed an episode this week or just want to hear our top takeaways, you’ll love these weekly recaps!
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This is our week in review with Key Takeaways from each day.
Episode 71 - 6 Things You Should Never Leave To Your Children
Leave the sentimental things to the people you know who would want them and then sell or donate the rest. Better yet make arrangements for everything to be sold when the time comes.
youtu.be/J8gIikZukRw
Episode 72 - How To Calculate Your Net Worth
The federal reserve releases the survey of consumer finances every three years. For 2019 when the head of the family is less than 35, the median is only $13,900 but the average is $76,3000. This report shows how important it is to be focused on building your net worth and starting earlier.
youtu.be/-Qs7voadOJs
Episode 73 - Abundance vs Scarcity
You have to work to rewire your brain in order to constantly think abundance 100% of the time and not creep back into that scarcity mindset. We’re not advocating irresponsible spending, we’re encouraging you to give what you truly want, a voice when it is time to make decisions instead of settling. Turn “I can’t” into “How can I?”
youtu.be/0J0AwPdlUEY
Episode 74 - What Is Forced Appreciation?
We gave a few examples of how to do forced appreciation by decreasing expenses and increasing income. So if the owner was paying utilities prior to the purchase of the apartment, then you can build back the utilities to the tenants in order to decrease your expenses. Then you can increase the rent, pet fees, and pet rent to increase the income. youtu.be/jWZ7Qs93E8M
Episode 75 - How We Did Our Very First Bridge Loan
A bridge loan is short-term financing, that’s the easiest way to explain it. We just did our first bridge loan where we loaned someone's funds for 30 days. This is another strategy that we are going to use for lazy money.
youtu.be/VH6AzQmW_qA
Episode 76 - Week 11 Live Progress Update
Two of the things that we’re doing were we have multiple deals and underwriting. We're also working on building out our team.
youtu.be/N5wao_5BJS8
Our private Facebook group gives you access to where you can start building a direct relationship with us, we’d love to get to know you. 30 days later you may be invited into our Deal Room. The Deal Room is our private room where we share exclusive 506B opportunities because now you are our “Buddy.”
www.facebook.com/groups/freedomthroughpassiveincome
www.linkedin.com/groups/14048250
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