How to make work optional. Investing in buy and hold rentals. Creating cash flow to replace our income. Creating a side hustle to allow us to quit our day job.
Link to one rental at a time book:
Audible version;
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Working full time doesn’t make investing in rentals easier. However, investing in rentals is a great way to make work optional.
I was able to do this as a single dad with 3 kids and a bunch of bad debt and wasn’t making a lot when I started out.
APOCALYPSE PROOF PORTFOLIO:
THE BINDER (Raise Rents):
Todays Dion Talk. With Dion McNeeley
I Suggest the following information sources: BiggerPockets, Meet Kevin, Chandler David Smith, One rental at a time, Graham Stephan, Minority Mindset and Kris Krohn.
#FINANCIALFREEDOM #rentals #DionTalk #FIRE #FINANCIALINDEPENDENCE #HOUSEHACKING #REALESTATE #RETIREEARLY
Are you tired of selling your life one hour at a time? Dion Talk is a channel that helps people understand how to reach financial freedom with rental properties. House hacking can be used in the strategy but isn’t required. It just speeds the process up.
Passive income is a game changer. Buying cash flowing assets creates an income snowball. As the snowball grows you will be able to invest faster and faster. Before too long you can make work optional. Let me show you how to retire early.
What strategy do you use? House hacking? Wholesaling? Flipping? Buy and hold? Long term rental? Short term rental? Local or at a distance? Real estate or stocks? Own a business?
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As always, thank you, Dion, for sharing your wisdom! Could you please produce a video on how to evaluate a property or properties as how to determine whether they are a buy or not?
As always Great content. I also have an Umbrella policy. I have 1 duplex and my Umbrella policy is for 1 million but it costs me $490.00 more that yours. Will you be able to share the name of the insurance name? I know you did mentioned one time but I can't remember the name.
Gracias for sharing your knowledge .
The atm thing. Wow!
Can you spell the name of the guy that explains how atm’s are
Purchased?
Lots of people ride bikes in Belgium. Yet again belgium is 5 hours drive max from north to south 😂
Amazing content!!! 🙂 i like the book you recommended on one video of yours : Set for life. You seem to follow those rules daily 🙂
Great stuff dion! Would love to hear more about your business investing side of things. Also 320k invested to get 136k in cashflow?! Thats insane! I love it. I've been looking for 8% cocroi deals 😂.
I bought a property from hair cut savings and f250 from property income. Amazing looks you have now vs when you had no beard being like nuclear war victim
For some reason the video goes directly to you answering questions Dion.
Hey Dion, question for you. I've been in the hotel industry here in NYC for 5yrs, which of course has taken a huge hit with the pandemic. I'm looking to get into househacking small multifamily, but I haven't been working full time, hours highly reduced. How long would it realistically take me for a bank to take me serious on a loan? Like when I get back to full time and have that consistent income, how many months would I have to wait to go see if I can get approved??? Stay blessed 🙏🏼
I am sure HOA hate anything called rental. I think the best thing you could do just keep it non-owner occupied. But only if your math backup you keeping.Would not keep something just to be spiteful but it is a nice bonus.