Have you ever wondered what creating over $50,000 a month in passive income really takes? Russ and Joey pull back the curtain on their five-year wealth-building journey in this milestone episode. From their biggest wins to hard-learned lessons, this December 2024 passive income report is packed with insights, numbers, and strategies to achieve your financial goals.

Learn how understanding your investment style can align opportunities with your goals and risk tolerance. Hear the breakdown of land flipping, private loans, and surprising lessons from ventures like RV rentals and Bitcoin mining. You'll also discover why thinking like a bank is crucial for transforming assets into consistent cash flow.

Are you ready to start your passive income journey? Today is the best time to do it.

Top three things you will learn:

-Why knowing your Investor DNA matters

-Investments that worked (and didn’t)

-Mindset shift needed to achieve financial freedom

December 2024 Income At-A-Glance:

-Gross Income for December: $64,144.48

-Total Expenses for December: $13,519.12

-Total Net Profit for December: $50,625.35

-Difference b/t November & December: ($6,699.63)

-% of net profit to overall gross revenue: 79%

For Accredited Investors Who Want to Invest With Us:

-Email: info@wealthwithoutwallstreet.com (Reply: Accredited)

The Art of Passive Income Podcast by The Land Geek:

-https://www.youtube.com/playlist?list=PLgqpzGRlkzzF9aYUSs96e5GQmL6hRzg6T

Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios

Free IBCA or Financial Freedom Discovery Calls:

-https://wealthwithoutwallstreet.com/freecall

Join the Inner Circle Live Waitlist:

-https://www.wealthwithoutwallstreet.com/live

IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc

Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook

Access our Free Financial Scorecard:

-https://wealthwithoutwallstreet.com/scorecard

How to Start a Vending Machine Business, Cost, Tips, How Much You Make with Michael Hoffmann:

-https://www.youtube.com/watch?v=73Xwu2tHhwI

Build Passive Income with Vending Machines:

-https://wealthwithoutwallstreet.com/vending

Explore the World's Largest Car Sharing Marketplace:

-https://turo.com/

Learn How to Invest in Real Estate with The Land Geek:

-https://thelandgeek.com/

Join the Wealth Without Wall Street Community:

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What’s the easiest way to generate consistent passive income? Long-term rentals might just be the answer. In this episode, the financial coaches dive into turnkey long-term rentals and explore why they’re the simplest path to financial freedom. From market strategies to scaling efficiently, you’ll learn how to make informed investment decisions that align with your goals.

Whether you're a seasoned investor or a first-time buyer, this episode provides insights to help you confidently navigate the long-term rental space.

Top three things you will learn:

-The pros and cons of turnkey long-term rentals

-Creative financing options to enter the market with minimal upfront costs

-Scaling your portfolio with minimal risks and maximum returns

The Art of Passive Income Podcast:

-https://www.youtube.com/playlist?list=PLgqpzGRlkzzF9aYUSs96e5GQmL6hRzg6T

Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios

Free IBCA or Financial Freedom Discovery Calls:

-https://wealthwithoutwallstreet.com/freecall

Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook

IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc

Join Our Next Inner Circle Live Event:

-https://www.wealthwithoutwallstreet.com/live

-Promo Code: PODCAST

Find Out How Close You Are to Financial Freedom:

-https://wealthwithoutwallstreet.com/quiz

Join the Wealth Without Wall Street Community:

-https://wealthwithoutwallstreet.com/community

Discover Your Path to Financial Freedom:

-https://wealthwithoutwallstreet.com/path

Join the Passive Income MasterMind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind

Join Our Short-Term Rental (STR) Course:

-https://go.wealthwithoutwallstreet.com/strcourse

The Land Geek:

-https://thelandgeek.com/

How to Buy Online Businesses for Profit:

-https://wealthwithoutwallstreet.com/freedomnavigator

Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

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What if your biggest financial loss could become your greatest teacher? In this episode, Russ and Joey sit down with Gavin J. Gallagher, who candidly shares the lessons he learned from losing $80 million during the global financial crisis. Gavin reveals how unchecked ego, cognitive bias, and market volatility led to his downfall and explains the mindset shifts and strategies that helped him rebuild.

Through this riveting discussion, you’ll discover the dangers of over-leveraging, the importance of due diligence, and why humility is crucial in navigating investments. Gavin’s journey is a powerful reminder that even in failure, there’s a pathway to success for those willing to learn and adapt.

If you want to avoid costly investment mistakes, tune in for lessons you can’t afford to miss!

Top three things you will learn:

-The dangers of over-leveraging and cognitive bias in investing

-How to rebuild after financial loss

-Why humility and due diligence are critical to sustainable success

About Our Guest:

Gavin J. Gallagher is a property investor-developer and entrepreneur with an international track record and career spanning 25 years. He has bought, sold, built, and managed properties all the way from Midtown Manhattan to Downtown Dubai.

Gavin is also the Director of Earlsfort Group and has been actively involved in the development of commercial real estate and corporate workplace solutions for more than two decades.

Connect with Gavin J. Gallagher:

-Podcast - https://wealthwithoutwallstreet.com/behindthefacade

-Website - https://gavinjgallagher.com/

Free IBCA or Financial Freedom Discovery Calls:

-https://wealthwithoutwallstreet.com/freecall

Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios

Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook

Join Our Next Inner Circle Live Event:

-https://www.wealthwithoutwallstreet.com/live

-Promo Code: PODCAST

IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc

Apply to Join the Passive Income Mastermind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind

Join the Community:

-https://wealthwithoutwallstreet.com/community

Take the Financial Freedom Analyzer:

-https://wealthwithoutwallstreet.com/quiz

Discover Your Path to Financial Freedom:

-

Is short-term renting still a smart investment in 2025? In this conversation, the financial coaches dive into the evolving world of short-term rentals. They break down the pros, cons, and actionable strategies to help you decide if this high-reward investment aligns with your goals.

From maximizing cash flow to managing guest expectations and navigating local regulations, this episode covers everything you need to know before diving in. Whether you're self-managing properties or considering hands-off investment models, you'll gain valuable insights to make smarter decisions.

If you're considering short-term rental, this is your opportunity to decide if it’s the right move for your investment strategy in 2025!

Top three things you will learn:

-The pros and cons of short-term rentals

-Hands-on vs. hands-off strategies

-Smart investing strategies for 2025

Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios

Free IBCA or Financial Freedom Discovery Calls:

-https://wealthwithoutwallstreet.com/freecall

Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook

IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc

Join Our Next Inner Circle Live Event:

-https://www.wealthwithoutwallstreet.com/live

-Promo Code: PODCAST

Find Out How Close You Are to Financial Freedom:

-https://wealthwithoutwallstreet.com/quiz

Join the Wealth Without Wall Street Community:

-https://wealthwithoutwallstreet.com/community

Discover Your Path to Financial Freedom:

-https://wealthwithoutwallstreet.com/path

Join the Passive Income MasterMind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind

Join Our Short-Term Rental (STR) Course:

-https://go.wealthwithoutwallstreet.com/strcourse

The Land Geek:

-https://thelandgeek.com/

How to Buy Online Businesses for Profit:

-https://wealthwithoutwallstreet.com/freedomnavigator

Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

-https://wealthwithoutwallstreet.com/cars

How do you make business and investing decisions? Do you rely on intuition or data? What if there was a tool that could revolutionize how you lead your team and grow your wealth?

In this episode, Russ and Joey sit with Matt White, Culture Index Licensee, to explore a game-changing approach to leadership and investments. From aligning the right people with the right roles to evaluating investment operators, this conversation is packed with actionable insights for business owners and investors alike.

You’ll learn why understanding human analytics is key to building high-performing teams and uncover strategies to balance autonomy and expertise in decision-making. Matt shares how data-driven hiring can transform businesses and why intuition alone isn’t enough to make critical investment choices. Get ready to discover the tool billionaires use to lead smarter and invest better!

Top three things you will learn:

-How to leverage human analytics

-The importance of data-driven decisions

-Balancing autonomy and expertise

About Our Guest:

Matt White is a Culture Index Licensee who helps business owners and C-level executives make human capital decisions that improve their company work culture and grow the top and bottom lines. As a partner at Iron Tribe Fitness, Matt began implementing the Culture Index program, which fundamentally changed the company's approach to hiring, managing staff, and forming franchise relations.

Connect with Matt White:

-Website - https://wealthwithoutwallstreet.com/cultureindex

Free IBCA or Financial Freedom Discovery Calls:

-https://wealthwithoutwallstreet.com/freecall

Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios

Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook

Join Our Next Inner Circle Live Event:

-https://www.wealthwithoutwallstreet.com/live

-Promo Code: PODCAST

IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc

Apply to Join the Passive Income Mastermind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind

Join the Community:

-https://wealthwithoutwallstreet.com/community

Take the Financial Freedom Analyzer:

-https://wealthwithoutwallstreet.com/quiz

Discover Your Path to Financial Freedom:

-https://wealthwithoutwallstreet.com/passport

Imagine having an AI-powered tool designed to simplify your journey to financial freedom. In today's conversation, the financial coaches introduce Wally, their AI bot, built to help listeners find answers to key financial questions and identify passive income opportunities. They discuss how Wally saves time, enhances decision-making, and serves as a starting point for creating a personalized wealth-building system.

Listeners will gain insights into how AI is reshaping personal finance, learn about using tools like Wally to achieve clarity and focus and discover ways to align investments with individual goals using Investor DNA.

If you're struggling to figure out your next financial move, it's time to meet Wally, the AI bot that can help you take action today!

Top three things you will learn:

-How AI tools can streamline financial planning and decision-making

-The role of Investor DNA in aligning financial strategies with personal goals

-How to move from financial information to actionable implementation

Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios

Free IBCA or Financial Freedom Discovery Calls:

-https://wealthwithoutwallstreet.com/freecall

Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook

IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc

Join Our Next Inner Circle Live Event:

-https://www.wealthwithoutwallstreet.com/live

-Promo Code: PODCAST

Find Out How Close You Are to Financial Freedom:

-https://wealthwithoutwallstreet.com/quiz

Join the Wealth Without Wall Street Community:

-https://wealthwithoutwallstreet.com/community

Discover Your Path to Financial Freedom:

-https://wealthwithoutwallstreet.com/path

Join the Passive Income MasterMind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind

The Land Geek:

-https://thelandgeek.com/

How to Buy Online Businesses for Profit:

-https://wealthwithoutwallstreet.com/freedomnavigator

Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

-https://wealthwithoutwallstreet.com/cars

Invest With Your Friends and Family:

-

Are you wondering how to turn an empty lot or unused garage into a consistent cash flow machine? In this episode, Joseph Woodbury, co-founder of Neighbor.com, shares how his platform enables everyday people to rent out underutilized spaces for passive income. From renting out driveway space for RVs to turning vacant lots into high-yield assets, Joseph reveals how Neighbor.com is transforming the storage industry.

Curious about how much you could earn? Joseph discusses real-world examples of people generating thousands annually by renting out spaces they already own. He also explains the simplicity of getting started, potential zoning considerations, and how to maximize returns with minimal investment.

Discover how you can turn unused space into financial freedom while helping your neighbors. Are you ready to start earning? Visit wealthwithoutwallstreet.com/neighbor and take the first step today!

Top three things you will learn:

-How to turn underutilized spaces into cash flow

-Maximizing returns with simple improvements

-Real-world passive income strategies

About Our Guest:

Joseph Woodbury is the co-founder and CEO of Neighbor.com. This platform helps property owners achieve full property monetization, earning more money from underutilized spaces. Under his leadership, Neighbor has expanded to all 50 states, offering more storage and parking options than any other company in the industry. Joseph is successfully disrupting the $500 billion parking and self-storage industry, having raised over $75 million from top investors, including Andreessen Horowitz, Airbnb, Uber, StockX, and DoorDash.

Connect with Joseph Woodbury:

-https://wealthwithoutwallstreet.com/neighbor

Free IBCA or Financial Freedom Discovery Calls:

-https://wealthwithoutwallstreet.com/freecall

Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios

Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook

Join Our Next Inner Circle Live Event:

-https://www.wealthwithoutwallstreet.com/live

-Promo Code: PODCAST

IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc

Apply to Join the Passive Income Mastermind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind

Join the Community:

-https://wealthwithoutwallstreet.com/community

Take the Financial Freedom Analyzer:

-https://wealthwithoutwallstreet.com/quiz

Discover Your Path to Financial...

Is debt holding you back or driving you forward? In this episode, the conversation focuses on one of the most debated topics in personal finance: debt.

The financial coaches explore the pros and cons of using debt as a financial tool. They discuss how to overcome limiting beliefs, manage debt strategically, and determine whether debt freedom equals financial freedom.

This episode will challenge your perspective on debt and help you rethink your financial strategy.

Top three things you will learn:

-Why financial freedom doesn’t always mean debt freedom

-Strategic ways to manage and prioritize debt repayment

-How debt can be a powerful tool to achieve your financial goals

Need help deciding which debts to pay off first? Grab the Priority Payoff Guide:

-https://payoffguide.wealthwithoutwallstreet.com/

Turn Active Income Into Passive Income:

-https://wealthwithoutwallstreet.com/pios

Free IBCA or Financial Freedom Discovery Calls:

-https://wealthwithoutwallstreet.com/freecall

Wealth Without Wall Street New Book:

-https://wealthwithoutwallstreet.com/newbook

IBC Webinar:

-https://wealthwithoutwallstreet.com/ibc

Join Our Next Inner Circle Live Event:

-https://www.wealthwithoutwallstreet.com/live

-Promo Code: PODCAST

Find Out How Close You Are to Financial Freedom:

-https://wealthwithoutwallstreet.com/quiz

Join the Wealth Without Wall Street Community:

-https://wealthwithoutwallstreet.com/community

Discover Your Path to Financial Freedom:

-https://wealthwithoutwallstreet.com/path

Join the Passive Income MasterMind:

-https://wealthwithoutwallstreet.com/wwws-passive-income-mastermind

The Land Geek:

-https://thelandgeek.com/

How to Buy Online Businesses for Profit:

-https://wealthwithoutwallstreet.com/freedomnavigator

Create a Six-Figure Side Hustle in Peer-to-Peer Car-Sharing:

-https://wealthwithoutwallstreet.com/cars

Invest With Your Friends and Family:

-