In today’s episode of The Art of Passive Income—Round Table edition, Mark is joined by:
- Tate Litchfield
- Erik Peterson
- Mike Zaino
- Cynthia Tripathi
We dive deep into a case of what would you do? You sold a property for $50,000 on terms to a objectionable couple who are continuously late on payments but always make it up in the end. They moved the entire family onto the property, plus friends… one of which causes havoc and steals from the neighbors. Then you discover that the guy who bought the property is a felon who just got re-arrested for being in possession of firearms.
To sum it up—you have criminals living on a property that is still in your name and an upset community but you’re getting paid every month with late fees, on a sizable note… is it worth the headache?
COULD you do anything if they are not breaking their contract?
And finally, what can you do to protect yourself from situations like this in the future?
Our last topic: Get to know Cynthia Tripathi!
Cynthia, a Land Geek Student, came to the program a bit skeptical. She bought the toolkit, sold her 1st property to a neighbor making more money on that sale than an entire month at a job she hated. So she decided to quit her job and go all in!
Listen in as she shares her journey—the good and the bad, and how she feels about the program now.
TIP OF THE WEEK
Mark: Check out the app, AppUnsubscri.be to easily unsubscribe from in-app subscriptions for your iPhone.
Mike: The only Zen you can find on the tops of mountains is the Zen you bring up there—The only success you find, is the success you bring.
Tate: Check out SimilarWeb.com for free reports on any website.
Erik: Check out the app, GetStation.com to manage all of your apps in one place.
Cynthia: Read the book, Deep Work: Rules for Focused Success in a Distracted World by Cal Newport. It talks about shaping your perspective in a different way about working.
Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?