What worked, what didn’t, and what’s next? In this month’s passive income report, Russ and Joey answer listener questions and give you an inside look at their financial wins, lessons learned, and plans for the future. From land investing to new income streams like vending and Turo, they share practical advice you can use to build your own path to financial freedom.

Are you ready to build your passive income? Discover how to create a financial plan that works for you while avoiding common mistakes investors make.

Top three things you will learn:

-How to reinvest passive income for growth and long-term success

-Key lessons from underperforming investments

-Exciting new passive income streams to explore in 2025

November 2024 Income At-A-Glance:

-Gross Income for November: $65,388.22

-Total Expenses for November: $18,231.33

-Total Net Profit for November: $47,156.89

-Difference b/t October & November: ($3,520.25)

-% of net profit to overall gross revenue: 72%

You can also learn valuable lessons on wealth-building and overcoming obstacles from the following episode:

-Round Table | A Path to Financial Freedom: Explained by Jack and the Beanstalk - https://www.youtube.com/watch?v=2zgXLvJkM0k

For Accredited Investors Who Want to Invest With Us:

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

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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Got financial grievances? Let’s turn them into goals! In this festive and transformative episode, the financial coaches draw inspiration from the "Festivus" tradition to help you reframe financial frustrations into actionable steps for a prosperous 2025. From reviewing past missteps to setting laser-focused goals, this conversation is packed with insights to ensure the next year becomes your best yet.

It’s time to air your grievances and channel that energy into building wealth and freedom. Don’t miss this opportunity to gain clarity and direction for 2025!

Top three things you will learn:

-Identifying and learning from your financial grievances

-Actionable strategies to set and achieve clear, measurable goals

-Reviewing your financial habits to unlock new opportunities

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:

-https://tribevest.com/partners/wwws

Know Your Investor DNA:

-

Have you ever considered investing in vending machines? Starting a vending business might be simpler than you think, but there’s more to it than meets the eye. In this episode, vending expert Michael Hoffmann returns to share his proven, step-by-step process to launch a profitable vending business. From selecting the right machines to finding prime locations and even involving your kids, Michael offers practical advice and tips to help you succeed.

Whether you’re starting small or dreaming big, this conversation will inspire you to take action. Learn how to turn unattended retail into a smart, scalable passive income stream.

Visit wealthwithoutwallstreet.com/vending to access Michael’s resources and take the first step today!

Top three things you will learn:

-Do’s and don’ts for choosing vending machines

-Securing the best vending locations

-Selecting the products to stock in machines

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

https://www.wealthwithoutwallstreet.com/podcast/how-to-start-a-vending-machine-business-cost-tips-how-much-you-make-with-michael-hoffmann

About Our Guest:

Michael Hoffmann, also known as "Mr. Passive," is a seasoned entrepreneur specializing in passive income strategies, particularly through vending machine operations. His journey began while working 60-hour weeks for a modest income, prompting him to explore alternative revenue streams.

Michael found his niche in the vending industry, where he now manages a network of over a dozen machines, generating substantial monthly profits. Beyond his ventures, Michael is dedicated to educating others on building passive income, offering courses and resources to guide aspiring entrepreneurs toward financial freedom.

Connect with Michael Hoffmann:

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

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:

-

Are you ready to build a financially secure and physically vibrant life? In this episode, our financial coaches discuss actionable strategies for creating a plan that is definitely better than any traditional financial plan–it not only grows your wealth but also optimizes your health.

Learn how to take control of your future with a plan that balances prosperity and vitality. Dive into practical tips, proven routines, and the secrets to building habits that last.

Top three things you will learn:

-Building healthy habits

-Tracking your health and wealth

-Growing wealth and optimizing health

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:

-https://tribevest.com/partners/wwws

Know Your Investor DNA:

-https://wealthwithoutwallstreet.com/investordna

The Infinite Banking Concept Explained by a CFP:

Would you charge $25,000 on a credit card to renovate a property? How much profit can you earn from making such a bold move?

In this episode, you'll discover the transformative journey of Ken Gee, a multifamily real estate expert with 25 years of experience. From his beginnings as a CPA at Deloitte to building a multimillion-dollar real estate portfolio, Ken shares hard-earned lessons, strategies, and insights to help you succeed in multifamily investing.

Whether you're just starting out or scaling up, this episode is a must-listen for actionable advice and inspiring stories to inspire you to get into multifamily investing.

Top three things you will learn:

-Why multifamily investments often outperform single-family deals

-How to overcome fears and make bold investment decisions

-Critical strategies for adding value and boosting property returns

About Our Guest:

Ken is the Founder and Managing Member of KRI Partners, a real estate private equity and investor education firm. He has more than 26 years of real estate, banking, private equity, and real estate investing experience. Throughout his career, Ken has been involved in transactions valued at more than $2.0 billion, including acquiring, managing, and financing various multifamily real estate projects.

Before forming KRI Partners, Ken was a CPA with Deloitte in their tax & M&A practice. He is married and has three grown children. He enjoys learning, spending time with his family, and helping people create wealth through real estate so they can enjoy life as he has been able to.

Connect with Ken Gee:

-Website - www.kripartners.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:

-

Are you ready to level up your investing game? Raising money for deals is an essential skill that separates small-time investors from the big leagues. In today's conversation, the financial coaches share personal lessons and strategies for securing capital for investment opportunities. From practical advice on building trust to understanding the legalities of raising funds, they’ll guide you through the essentials of responsible capital raising.

Learn how to avoid costly mistakes and discover new investment opportunities by mastering the art of raising money for deals. Don’t miss this conversation to get insights that will help you grow smarter and faster.

Top three things you will learn:

-Why relationships, not just numbers, make or break successful deals

-The importance of clear investor communication to manage expectations

-Legal considerations to protect yourself and your investors

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:

-https://tribevest.com/partners/wwws

Know Your Investor...

If you think private lending is a shortcut to wealth, think again. In this eye-opening episode, Russ and Joey are joined by Liam Leonard, a seasoned investor, who shares his hard-learned lessons from navigating the complexities of private lending. From disastrous deals with unexpected pitfalls to redefining his investment strategy, Liam's candid stories are packed with wisdom.

Whether you're a seasoned lender or just considering private lending, this episode is a goldmine of practical advice to help you avoid costly mistakes. Don’t miss these valuable insights—listen now and learn how to lend smarter, not harder!

Top three things you will learn:

-Why relying on third-party reports without personal verification is a recipe for disaster

-The importance of setting strict investment parameters to avoid emotional or greedy decisions

-How a focused niche and relationship-driven approach transformed Liam's lending business

For more information about private lending, please listen to Episode 389: The Pros and Cons of Private Lending as a Passive Income Stream with Liam Leonard:

-https://www.wealthwithoutwallstreet.com/podcast/the-pros-and-cons-of-private-lending-as-a-passive-income-stream-with-liam-leonard

About Our Guest:

Liam Leonard is the leader and visionary for LIONSCOVE. He established LIONSCOVE to have a more significant impact in his community and free himself from the mental model that organizations make choices for you. Liam wanted to create something that didn’t necessitate being on the road all the time or tied to his phone. The family needed to come first, and that’s precisely the culture he has established at LIONSCOVE.

Liam has been involved in real estate lending for 5+ years and is responsible for originating hundreds of loans personally during that time. He is also an active real estate investor with a portfolio of projects spanning ground-up development projects, turnkey rentals, adult family homes, short-term rentals, and even international rentals.

Connect with Liam Leonard:

-Website - https://lionscove.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:

Do you want to know the system behind consistent passive income growth? Discover how to organize, automate, and optimize your way to financial freedom.

In today's conversation, the financial coaches break down their proven passive income operating system—a step-by-step approach to transforming active income into true financial freedom. They reveal how automating your cash flows, organizing finances like a business, and leveraging whole life insurance for cash storage can make your money work harder for you. Whether you’re just starting your journey or looking to refine your strategy, this conversation offers practical insights for building and managing passive income.

Tune in now to unlock the tools for financial freedom!

Top three things you will learn:

-How to set up a simple system to turn active income into passive income

-The importance of storing cash in optimal locations, like whole life insurance

-Why automation is the key to simplifying financial decisions

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:

-