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How to Become a Lifestyle Investor with Justin Donald | PREI 341

How to Become a Lifestyle Investor with Justin Donald | PREI 341

FromPassive Real Estate Investing


How to Become a Lifestyle Investor with Justin Donald | PREI 341

FromPassive Real Estate Investing

ratings:
Length:
46 minutes
Released:
May 25, 2021
Format:
Podcast episode

Description

Welcome to another episode of Passive Real Estate Investing. I'm your host Marco Santarelli. And I am glad you are here today. You know, there is a saying that money is only a tool. It will take you wherever you wish, but it will not replace you as the driver. And that is by Ann Randall, who is a great author, has written some great, great books on independence, freedom, Liberty, money, and all the topics surrounding that. These are fiction books, by the way, they're presented as a story, but you take away some great lessons about, I guess, just being in a free market and what a free market really is and why capitalism is so important and the importance of money and what it is and what it isn't. But here's a concept for you, you know, what would you do if you had complete financial freedom and therefore time freedom, would it lead to something that my guest today talks about, which is being a lifestyle investor, which essentially means that you're creating financial and time freedom for yourself to live the lifestyle that you want.

I think this is a great concept, and I didn't learn about that until 1997, but, you know, I think a lot of people don't mix the two and combine those concepts properly. They think about investing to create financial freedom, but maybe that's at the expense of creating a job that you are stuck in for a very long time or a business that is really just tethered to you. And you can't really separate the two. So what does it mean to be a lifestyle investor? Well, that's what we're going to talk about today with my guest here. And, you know, it's really more about a journey to financial freedom and creating the life of your dreams. It's a very much a doable thing. It's just a matter of knowing how to do that, having the right guide someone to coach you along or show you the way which is really just copying other people's success.

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So it is my great pleasure to welcome Justin Donald to the show. He is an author of an amazing book that I just started reading. And I can't wait to finish called the Lifestyle Investor: The 10 Commandments of Cashflow Investing for Passive Income and Financial Freedom. Now, really who doesn't want that. Entrepreneur magazine calls Justin, the Warren Buffet of lifestyle investing. I think that is a great title and an honor to be called that he's known as a master of low risk cashflowing investing specializing in simplifying complex financial strategies. And his ethos is to create wealth without creating a job. And I really love that because ultimately that's what we want to create with financial freedom is that time freedom that goes hand in hand with it. What's amazing about Justin is over the span of 21 months. And this was before his 37th birthday. His investments have drove enough passive income for him and his wife, Jennifer, to actually leave their jobs, which is phenomenal. That's I think what a lot of us inspire to do, and it's one of the reasons you listen to a podcast like this. So with that, Justin, welcome to the show.

Oh, thanks, Marco. It's great to be here. I appreciate you having me on and I'm just looking forward to hanging out for some time today.

Yeah, well actually, you know, as I kind of dug deeper into your book and started reading it, I was like taken back because it seems that you and I have gone through down a similar path then had a similar experience and had a, you know, kind of an interesting journey along the way of being an entrepreneur and investor being involved in different things like real estate s...
Released:
May 25, 2021
Format:
Podcast episode

Titles in the series (100)

Take the guesswork out of real estate investing. Learn how BUSY PEOPLE like you can build substantial passive income while creating wealth for the long-term. Gain expert knowledge and advice on real estate investing as Marco Santarelli (of Norada Real Estate Investments) shares his strategies and valuable insights with a special emphasis on Turnkey (done-for-you) real estate investments. Discover proven strategies for making money with real estate in ANY market and how to avoid common and costly mistakes. If you’re looking for “bigger pockets” and ACTIONABLE advice on the road to financial freedom, then this is the podcast for you! With new episodes every week, be sure to SUBSCRIBE TODAY!