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Side Hustle in Real Estate

4 Key Elements to a Side Hustle in Real Estate with Billy Keels


What if you didn’t have to do the 9-to-5 thing any longer? What would your life be like if you were the owner of your time? What would it be like to be with your wife and kids as much as you wanted?

As fathers, we’re always looking for ways we can provide a better lifestyle for our families. Today, author and real estate genius Billy Keels tells us how we can break the golden handcuffs with a side hustle in real estate, even if we’re starting out with next to nothing.

Billy Keels

Billy Keels has been married for almost ten years and is the father of two sons that are 6 and 8 years old. He currently lives in Barcelona, Spain and has traveled through more than 58 countries as part of his corporate job. Billy makes a great living, and he worked hard to put money into his 401K and IRA. So he felt helpless when he watched the fluctuations and crashes in the market.

He read the book Rich Dad, Poor Dad and decided he would need to try something different to get different results. The ideas were contrary to everything he was taught, but they made sense and this inspired him to put them into practice.

Billy wanted to take more control of his financial future and had a dream of building a real-estate empire.  He still maintains his corporate job, but after buying his first property 18 months ago, he now owns 27 and plans to own 300 by 2019!

'I want to be the owner of my time.' – @keeponcashflow #finance #family #men #dads #fathers Click To Tweet

What You’ll Learn

  • The 4 Key Elements to Start a Side Hustle in Real Estate
  • How much revenue he earns from his properties
  • How to leverage other people’s money
  • How a local bank manager, a real estate agent, and a contractor were the 3 relationships that caused the chain of events that gave him his financial freedom
  • How he achieved his 5-year goal in 18 months
  • What mistakes he made in the beginning
  • How he built a core team to help him manage his US properties from Europe
  • How overthinking was his greatest hindrance
  • Why you shouldn’t just buy the cheapest properties
  • How defining the person you want to serve guarantees success
  • How to take advantage of the free information on the internet
  • How to use your free time to become valuable to someone else
  • How he obtained the capital to start investing
  • His best advice on begin a father

 

'The money doesn’t matter. It’s important for me to be able to walk by kids to school in the morning and … to be home to give them a kiss at night. Those are things I want them to remember their dad for.' – @keeponcashflow… Click To Tweet

 


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'I don’t base my self-worth based on somebody else’s rules.' – @keeponcashflow #men #manhood #sidehustle #business #financialfreedom Click To Tweet

Billy Keel’s Links

Speak with Billy

FREE Book – Grow Your Money The Smart Way

keeponcashflow.com

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THE DAD EDGE SUMMIT 2018

Are you an extraordinary father looking to accelerate in all aspects of your life?
Are you looking to connect to like-minded Dads that want to come together to strengthen and grow in their abilities both personally and professionally?
The Dad Edge 2018 Summit (Live Event) will set you up to do exactly that.

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Resources

The Dad’s Edge AUDIOBOOK on iTunes or Audible

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protect financial future

Why You Should Never Leave Your Finances on Auto-Pilot

In our previous episode, financial mentor Damion Lupo shared some mind-blowing information about Wall Street. Most of us leave our money on auto-pilot or trust it to a financial advisor at our investment company. We don’t have time to examine our investments and how they are being managed, but not paying attention to our money can be dangerous. Today I talk about three ways we can protect our financial future right now.

  1. Eliminate fees
  2. Develop multiple streams of income
  3. Diversify your investments

Did you catch this episode? Transcending Financial Problems Once and for All with Damion Lupo


Total Control Financial and the QRP

Damion Lupo and his team have an exclusive offer for The Good Dad Project audience. Go to totalcontrolfinancial.com/gooddad to get the QRP report, a free ebook, and the first year’s fee will be waived. You have nothing to lose. Take the first step toward true financial freedom.


Create an Epic Life

join The Dad Edge Alliance

CLICK HERE!

Dad Edge Alliance


Resources

==>NEW!!<== Grab a copy of The Dad’s Edge AUDIOBOOK on iTunes or Audible

GRAB A COPY OF THE DAD’S EDGE HERE

Join our Dad Edge Group on Facebook Request Entry Here

We have new Dad Edge T-Shirts!  Grab one HERE

Download a free chapter from: THE DAD’S EDGE on UNLIMITED PATIENCE HERE

Check out this free resource on: CONNECTION WITH YOUR SPOUSE

Download this free resource on:  CONNECTION WITH YOUR KIDS

Links

financial problems

Transcending Financial Problems Once and for All with Damion Lupo

Is our money really safe in the stock market, IRAs and 401ks? Or is it best to diversify? What is it Wall street doesn’t want you to know when it comes to your money? Financial mentor Damion Lupo reveals the astonishing truth about how investment works to help us take total control of our money and transcend financial problems once and for all.

Most of us go on auto-pilot when it comes to our investments. We’re too busy. We don’t educate ourselves on all the financial products. Many of us put all our eggs in one basket because that’s we feel it’s the safest bet. Also, most of us are unaware that we are paying fees that will add up to hundreds of thousands of dollars over the years.

Damion Lupo

Raised in Alaska, Damion is part Alaskan, part Texan and 100% Reinvention. He’s a four-time college dropout who cut his teeth in the trenches of real life, becoming a self-made multimillionaire by age 25.

He’s the founder of Yokido, holds a black belt in Aikido, is a practitioner of yoga and a student of Reiki. He’s a lifelong student of Austrian economics and runs a precious metals company based in Austin, Texas.

Currently, Damion spends his time teaching and lecturing on the art of Reinvention with his unique teaching style focused on his personal life experiences and the process for developing consciousness and awareness to the truth.

Damion’s story

Throughout his life, Damion was always pushing the limits. His father tried to put structure in place, but Damion was always looking for the edge. His conservative dad believed in getting a degree and landing a government job and was scared when Damion left college to go out on his own in investing.

Damion experienced unbelievable success and devastating failure. He had millions in cash. Feeling invincible, he doubled down, found bigger deals, and got into debt. Instead of being patient, he stopped listening to other people. Within a year, he was bankrupted and his properties were in foreclosure. Things unraveled. He didn’t have the right people around him. He spiraled out of control and his health fell apart.

Damion remembers one of the last conversations he had with his father. With only a few weeks to live, his dad confessed to Damion that there were just so many things he wanted to do. In that moment, Damion realized that he was going about his life wrongly. He didn’t ever want to have the same regrets at the end of his life, and he didn’t want anyone else to either.

Making it Back from Failure

Damion says, when you’re accustomed to success, you have no failure to reference. Most men pretend everything is okay. Damion hid from the world and reality and it took a couple years for him to look at what was real. A lot of it was that he didn’t know what he was doing. Could he ever be successful again? Was it all luck? His confidence blew up. He doubted that he ever had any ability. He had to ground himself and find out who he was. If our self-worth depends on the success and we lose that, we don’t know what our identity is.

Making money is easy but it will go away If you’re not right in the head and you’re not right in the heart.

He shifted his focus. Instead of dollars and shiny cars, he lives for purpose and seeks to touch lives. He realized that he was not his balance sheet. He was not his mistakes. The key was asking for help. He struggled with his therapist before finally acknowledging all the carnage he created. He took 100% responsibility for everything. That was the biggest shift. 

Finances and couples

60% of divorces are from financial stress, but it’s a taboo for men and women to come together on it. They avoid facing financial problems, it becomes bigger, the relationship suffers.

The natural masculine desire is to be in charge and take care of the family. Sometimes, when we’re not sure of where we’re going, we just make it up. We don’t want to admit we have no idea how to provide for our families.

We have to realize that our spouse is our teammate and that the only way to fix the problem is to start being real about money. What are we spending it on? Why? What are the things we really care about?

One of the most powerful thing a man can do is admit he really doesn’t know about the intricacies of investments. Then he can find people who will tell him the truth and show him what he can’t see. This breakthrough will build the confidence to run the household without the fear.

Financial freedom is not money in the bank. It’s confidence. It’s your mission.

Transcending Financial Problems with a QRP

QRP stands for Qualified Retirement Plan, in which you are in charge of designing your plan. You can avoid taxes and fees while keeping all your profits in your plan. Damion says that his powerful financial tool is rarely heard of because Wall Street would close down if everyone switched to QRPs. He quotes John Bogle as saying that 80% of investment profits go the financial institution that had none of the risk and only 20% goes to the investor. Their fees chew the majority of the money an investor would make. The system will not talk about alternative investment strategies like QRPs to ensure their survival. They are protecting themselves.

Total Control Financial and the QRP

Damion Lupo and his team have an exclusive offer for The Good Dad Project audience. Go to totalcontrolfinancial.com/gooddad to get the QRP report, a free ebook, and the first year’s fee will be waived. You have nothing to lose. Take the first step toward true financial freedom.

Mentioned Episodes:

The Unexpected Secrets of Men, Women, and Sex with Nell Gibbon Daly

Why Your Ego is the Enemy with Ryan Holiday



Resources

==>NEW!!<== Grab a copy of The Dad’s Edge AUDIOBOOK on iTunes or Audible

GRAB A COPY OF THE DAD’S EDGE HERE

Join our Dad Edge Group on Facebook Request Entry Here

We have new Dad Edge T-Shirts!  Grab one HERE

Download a free chapter from: THE DAD’S EDGE on UNLIMITED PATIENCE HERE

Check out this free resource on: CONNECTION WITH YOUR SPOUSE

Download this free resource on:  CONNECTION WITH YOUR KIDS

Links

Damion Lupo’s Links

Website

Facebook

Twitter

Total Control Financial’s Links

Website

Facebook

Twitter

 


Create an Epic Life

join The Dad Edge Alliance

CLICK HERE!

Dad Edge Alliance

 

 

 

reitre wealthy

How to Improve Your Financial Health and Retire Wealthy – GDP018

3 Easy Ways to Save and Retire Wealthy

Setting a goal to improve our financial health and retire wealthy can be daunting.  We ask ourselves questions like:

“How much should I set aside per month?”

“There are so many choices when it comes to investment funds, which should I choose?”

“How do I save enough money to retire wealthy?”

At times, all we need is some guidance and an advisor to help guide the way.

In this episode, we interviewed Brian McGraw and Jon Graf.  Both are financial advisors and our show sponsors.  The advice given by the both of them in this interview is a game changer.

Key Takeaways from Episode

1. Have a written plan to retire wealthy
2. Stick to the plan
3. Protect the plan
4. The differences between Roth IRA, 401K, and Targeted Retirement Date Funds
5. The percentage of income you should be saving every month for retirement
6. Ways to be disciplined and stick to a plan
7. Why it’s important to protect your plan and family

Tip #1:  Retiring wealthy starts with having a written plan and saving now

In 1996, there was a great book written by Thomas Stanley called “The Millionaire Next Door.”  It was proven that most millionaires did three critical things to ensure they retired wealthy.

First, they had a written plan.  A written plan will give you a roadmap, some direction, and a goal to strive for.  Plus, the visualization of actually “putting pen to paper” and writing down your goals for retirement make them more realistic and visual.

Second, self-made millionaires live within their means.  Meaning, a lot of self-made millionaires start their professional lives living within a budget.   In this episode, both Brian and Jon explain why living on a budget doesn’t have to a challenge.  In fact, most of the time, it is simply shifting minor spending habits.

Third, most self-made millionaires started saving at a young age.  The younger you are when you start saving, the less you have to save and the easier it is.  However, Jon and Brian explain why it is never too late to start saving.  Even if you are well into your forties and fifties, there are programs and plans you can implement that can make a drastic positive impact to your retirement goals.  The worst mistake is never saving anything.

Tip #2:  Retiring wealthy means sticking to the Plan:

There are several different investment options out there.  One of the best ways to plan for the future is to be prepared for peaks and valleys in income.  Challenging situations can show up in several different ways in our lives and it can be tempting to pull money out of your retirement to pay for something you think you need now.  Ensuring that you put enough money into an emergency fund can definitely help cushion an unexpected financial blow.

Another way to stick to a plan is make sure you are diversified with assets.  In this episode, Brian and Jon explain the clear differences between a traditional 401K, a Roth IRA, and target retirement date funds.  There are tax benefits of each plans, however, Jon does a great job of clearly explaining the differences and advantages of each.

Finally, when we think about sticking to a plan, it doesn’t just mean we don’t dip into our retirement too early.  It also means, realizing that the market will go up and down.  As a result, our retirement funds will also go up and down.  Jon does a great job explaining why it is human nature to want to change an entire strategy or pull our money out of the market all together when the market takes a downturn.  Jon explains the theory of “buy on fear and sell on happiness” when it comes to sticking to your plan.

Tip #3: Retiring wealthy means protecting your plan

Would you ever think of driving your kids in the car without their seatbelt?  If you are here and reading this blog, then I imagine the answer is “Absolutely not!”  As parents, we want to do everything in our power to protect and provide for our family.  To protect our family against harm is literally wired within our DNA.  So, when it comes to protecting our family, we need to make sure they are protected if anything should ever happen to us.

Brian explains saving money to retire wealthy is an outstanding “offense.”  However, we have to think about having a “defense” as well.  Being able to provide income to protect and provide for our families is one of our most valuable assets.  We insure our homes, cars, and even new electronic devices.  So, why wouldn’t we insure the most important asset we have…our income?

Free Resources:

Check out a free chapter from: THE DAD’S EDGE on UNLIMITED PATIENCE HERE

Check out this free resource on: CONNECTION WITH YOUR SPOUSE

Check out this free resource on:  CONNECTION WITH YOUR KIDS

Links

Links and Books Mentioned in this Episode

Connect with Brian McGraw and Jon Graf:

Brian McGraw:

Jon Graf:

Thank You!

Thank you so much for checking out this episode of The Good Dad Project. If you haven’t done so already, please take a minute to subscribe and leave a quick rating and review of the show on iTunes by clicking on the link below. It will help us to keep delivering life-changing information for you every week!