Flip and Danny recap six episodes on sourcing deals, passive income, debt leverage, and business credit. They announced a 48-unit acquisition and promoted their investor club at freedomcapitalinvestments.com.
They closed on a 48-unit property.
Hey, everybody. Flip and Danny here, founders of the Freedom Real Estate Group family of companies. Yes. Thank you. Welcome to another episode of our podcast.
Which is called Freedom through Passive Income.
There we go. This is our week 20 recap and tea takeaways. Takeaways you take at week 20.
Week 20.
Yes, that's right.
Thank you. For everybody who's riding along with his Spanish lessons.
That's right. One number a week. I'll get this down. All right, so back to the beginning of last week. Episode 134, how do we find deals? So the key takeaways is your network is super important. A deal can come from anyone in your network. Treat your relationships like gold. Utilize commercial software like PropStream, Reonomy, Costar and Deal Flow. And I just want to say something real quick. I got a message yesterday. This is a true story. I had a message yesterday on Facebook from someone and I'm like, I'm like, oh, I have no idea who this person is. Let me see what they said. And I said, hey, would you be interested in this property? And I thought that was interesting because I don't buy properties anymore. Right. So I scrolled back. The text or this message scroll started four years ago. Wow. Four years ago. And she's reaching out. Just give me more properties. So again, super important.
Love it. All right. Episode 135, what passive income is best? Our key takeaways were. Every passive income instrument has a level of risk. It also has a level of activity. You can choose your level of involvement. Second key takeaway is the best. Passive income is the one you understand and the one you're most comfortable with. It's as simple as that.
That's right. Episode 136, why Rich People love Debt. The richest people in the world got that way because they know how to leverage good debt, know how to evaluate the deal, and know how leveraging low interest debt can help you achieve your financial goals. Another takeaway is when you're getting a bank loan. Typically you're paying 20 to 25% down anyway. That's enough equity. Use an interest only loan to keep cash flow as high as possible.
Yes, indeed. Episode 137. Need money to make money. We got $100,000 at zero percent doing this. Key takeaways were whenever you can borrow money at a low interest rate, that's good debt. Also, there are done for you services out there that will help build your business credit. To access low interest money. We shared who we used.
That's right.
Gotta go watch it.
Gotta go back all right, episode 138, the happy fifth anniversary. Freedom family of companies. And some really good bloopers, too. Again, the origin story, the name. We have always been very patriotic, and Freedom Real Estate Group came up as an idea. When we saw it was available, we grabbed it.
I love that name.
And then another key takeaway is we didn't plan to build six companies, but each one was added out of necessity, and it has become an ecosystem. It won't be long before we're on the beach and everything will run without us.
I'm excited for that one.
Sorry. I'm sorry. You didn't hear that last line. It won't be long before we're on the beach and everything will run without us. I just wanted to make sure you heard that last line. Okay, good.
I liked it.
Okay, next one's yours.
Okay. Episode 139 was our week 20 live update that we just recorded yesterday. And if you watched it, you know, we closed on our 48 unit. Super, super exciting. I also posted on Facebook. I just posted in the Google chat for the entire company to see. Exciting. And secondly, our key takeaway on that one was the ban board meeting. We told you an entire story about the band board, how it came to be, what happens, what it's for, and it's really exciting. So if you want to hear that story, you're gonna have to go watch that episode.
Bam. Anyway, so make sure you go on over to our website. That's how it actually really started. It was just yelling bam. Like Emeril. Anyway, make sure you're going over to our website, freedomcapitalinvestments.com to join our investor club to see all the stuff that we're doing behind the scenes. And that way you get to know us and you can get more active on those deals. But the gang's over there on Facebook and LinkedIn. And make sure you're subscribing and doing all that stuff. But make sure you hit the, like button.
And if you liked him scaring me with that, bam.
Cause you really did scare me. I'm sorry.
Oh, it's Fun Shirt Friday. And hit, like, if you like his fun shirt, because, yes, even you surprised me with this one.
Yeah, I pulled this one out of the wrapper.
Yeah. For those of you listening and not.
Watching on YouTube, this is a good one.
It's a really good kind of blue and white. I want to say it looks like waves or something.
Leaves.
Leaves. Okay. It's leaves, not waves. I think it's cute.
Okay. But we like to end all of our episodes with invest smart, live happy. Bye, everybody. Hey, everybody. Flip and Danny here, founders of the Freedom real estate group. Freedom Family something. Family. Freedom. Freedom Family. We're the family. Freedom, Freedom Family Day 2 and. Stop laughing. Stop it.
You did it, not me.
Okay. All right. You need water? No, I'm good.
You can drink from my cash.
No, no, I cannot. No, I cannot. That has girl cooties.
It's yummy. Girl cooties.
Yeah. All right, you ready?
Yes.
All right. Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions and information on this show are not guaranteed. All investment strategies have the potential for profit or loss. Y' all.
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