Flip and Danny break down three ways to build passive income: rental properties, private money lending, and funds or syndications. Start by investing with people you know and trust, and look for partners who are Friendly, Reliable, Exceptional, and Genuine.
Hey, everybody. Flip and Danny here, founders of the Freedom Real Estate Group family of companies. What happens to my finger?
Your direct.
My finger just takes off.
You just turn directly.
Welcome to another episode of our podcast.
Which is called Freedom through passive Income.
That's right. And today's episode is called where do you start?
Yes. So we always say, start with who you know like and trust. And I know that might be an overused, you know, phrase, but it's the truth and that's why people use it so much. It's finding your tribe and finding the people that you align with so that you can work together, collaborate together, brainstorm together, mastermind together in order to get where you want to go. So we always talk about as well, values, integrity. In fact, Freedom Real Estate Group. So friendly, reliable, exceptional, genuine. It's F R E G. So we thought, what's something that everybody could remember and that actually aligns with us? And so those were our values and so that matters to us. There's a whole lot. A whole whole lot more. I don't even know if that's proper English. There's so many more values that we would add to that, including integrity and honesty. That is one of those things that when I write a job ad, I'm literally saying, you break integrity, honesty, anything like that, and you reflect poorly upon our reputation. You. You are booted out the door so fast that you don't even know what happened to you. And so our organization and the people that we've surrounded ourselves with and we work with every single day, they have that same mindset when they're talking to somebody. They're like, daniel, you're gonna love this person. They're right in line with our values. And you can trust them to make. What am I trying to say? Trust. To present themselves in a way that it's going to be a good reflection on the type of people that we want to be working with. Right. So I think all of those things are just super important. So you gotta find who those people are. And I guess I wouldn't say more importantly, I would say knowledge and experience, things like that matter because you have to trust the people that you're working with. And I don't know if we're going to go into that in this recording. No, actually, I think I have it written down to go into another recording. That's probably why I thought about it. Right now you have to trust them. And that's not. That's beyond integrity and honesty. If they can be honest and transparent and have a bunch of the values that you want to have. But if they have no experience and they're going to go flip a house for the very first time, I wouldn't personally lend them money unless I was there and I was going to check out property and make sure that it's a good deal and not a bad deal. Run the comps myself, things like that. So figure out who you know like and trust and surround yourself with those type of people. And if you're here watching this video and you've been watching us for a little while, I would say you're probably in our tribe. Right. Because you don't. I don't. If I get on the phone with somebody that I don't align with, I'm not. I. I don't watch their videos. I don't do anything. I don't follow them at all. So if we are here together, then I think that we're already in. In. In the same tribe of some sort. So we've passed step one. Right. Step two, then what do Flip and Danny love? And they have tons of experience and knowledge in.
They love real estate.
Real estate.
You nailed it.
I love it. So we're going to be talking to you about the things that we do already and that have gotten us exactly where we are and we want to share that with you. That's why we're here. That's why we're spending the time doing these recordings. And I think our top. I'm going to put it in a basket of three is rental properties. Obviously, that's where we get a lot of our passive income from. Private money lending is one, and then funds and syndications is the other, which is really where you kind of go big. So really, really excited about our opportunity to be able to share these things with you.
Right. And one of the biggest, most used phrases about real estate is more. Millionaires are made through real estate. The only other real estate quote that's used more is location. Location.
Right.
So again. And there's a reason. I mean, it's because it's so true.
Yes.
And people are saying. Almost all. All the people that we know, they're like, oh, why, why didn't I get into this earlier?
Yeah.
You know, so it's. It's very important. And yes, we love it.
Yes, we do. And we're excited to be sharing it.
That's right. So again, make sure you check out our Facebook group, which is facebook.com group.
Freedom through passive income.
Make sure you hit the heart button, whatever that one right down here. The love button. The like button. Comment. Tell us how we're doing. There you go.
How do kiddos do that? I'm making.
Wait, no, no. Isn't it the. The.
If you're in the car, we're making heart symbols. Oh, and Cliff made a little one.
Wait, no, it's that. It's that.
There we go.
I was using the wrong finger. Anyway, make sure you hit those buttons. Also, comment. Please tell us how we're doing. Please ask us any questions you have. Let us know what you think. And again, especially if you're driving, don't do that now. You can do that later. And if you don't have a Facebook account and you're not doing the Facebook thing, Totally get it. Right down. Here is their website again. Freedom Capital Investments. Com.
That's right.
So again, like, we end all of our other episodes. Invest smart, live happy. Bye, everybody.
Nothing on the show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, financial, or business. Business. Professional. For individualized advice. Opinions and information on the show are not guaranteed. All investment strategies have the potential for profit or loss.
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