Sep 20, 2020
Brian Ellwood got into real estate investing for the same reasons as a lot of people. He read Rich Dad, Poor Dad and wanted to use passive income to pay for my bills so I could quit my miserable corporate job and have control over my time.
Brian was told that I should start out wholesaling because it was low risk and required no money. I went down that path and kept my dream of financial freedom on the back-burner.
Fast forward 4 years and I had built a "successful" wholesaling/flipping business. "We were doing 1M+/year and had a team of 10. I made good money but had no control over my time. Frustrated, I realized I had simply created another job for myself."
He shifted his entire focus once and for all toward creating passive income. I acquired a portfolio of a few dozen rentals and shut down the flipping business for good.
Today, he spends his time coaching others on how to replace their income with passive income so that they can have control over their time as well.
This episode is brought to you by Express Mask Delivery
Add some value to your residents and make extra income from your rental properties!
Express Mask Delivery (don't forget to use the code Jack):
Make sure to use the code Jack to take advantage of any special offers for the House Dudes Podcast Listeners.
Want to work with us? Head over to HouseDudes.com for more information.
If you have any thoughts or questions shoot us an email at email@example.com. You can also find us on Facebook, Instagram, and Twitter @HouseDudes
Please subscribe through iTunes or your favorite podcast app! If you like what you hear please give us a rating, like, and share. It really helps the show grow.
Follow Josh Koth and Jack Hoss on their journey towards financial freedom using the power of Real Estate through the REI Rookies Podcast (Real Estate Investing Rookies Podcast). We share our experiences as we acquire rental properties, build net worth, and work towards financial freedom. We are focused on creating wealth through conventional and creative real estate investing while improving our financial education. If you are a fan of Rich Dad Poor Dad by Robert Kiyosaki and Millionaire Real Estate Investor by Gary Keller or are looking for an alternative to the Dave Ramsey, Jim Cramer, Motley Fool or Suze Orman shows we invite you to subscribe today!