Welcome to the Passive Income Brothers Podcast!
Hosted by brothers Tim Lyons and Greg Lyons
We take the fear out of real estate investing using real-life stories from everyday successful investors!
This is not a “ how to get rich fast” podcast!
In this episode, we drop some real estate knowledge and share how we make passive income and how you can too.
We discuss how, little by little, you can put money into cash-flowing assets such as real estate and put your hard-earned money to work for you, paying you while you sleep.
We hope you enjoy this episode of the Passive Income Brothers Podcast.
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–Listen to The Podcast Here
–Key Points From the Episode:
- Tim looks back on his two jobs of being a firefighter and ER nurse.
- Greg talks about into experience during the pandemic, when his W-2 job got shut down, he had to figure out what he was going to do to make money and survive! Now with real estate, both Greg and Tim have cash flow and multiple streams of income.
- The power of real estate can get you rich slowly but nice and easy.
- Tim started with a 3 family property in real estate. He put in a huge amount of time rehabbing it so he could have that knowledge but it became a time suck.
- No matter which method you choose, take action!
- VISION, EDUCATION and ACTION… when you have a vision, you have to get educated and break through the “it’s just too confusing” mindset.
- The benefits of real estate investing.
- Investing for cashflow… Income from the property, minus your expenses, and the remaining money is your cash flow.
- Forced appreciation with commercial real estate.
- Force appreciation is so powerful in the commercial space… The reason why they gravitated towards the commercial multifamily space is because you can control the value of your asset.
- The third benefit of real estate is the loan paydown… it is just building equity every single month by having your tenants pay your mortgage and as you pay your mortgage down, it’s a way to continue to build equity. This is how you get your money to work for you while your sleeping.
- By investing in real estate, you are outsourcing your debt obligation to your tenants.
- The last benefit of real estate: it is a wonderful hedge against inflation! Inflation is a silent tax. It is a silent killer of your money! A dollar today is worth way more than a dollar tomorrow, or 5 years, even 10 years from now!
- Real estate is powerful… use this podcast to help you build knowledge to take action one day!
