My Freedom Path – David Phelps: Ep #456

A lot of people know that I’ve made my way through life by building recurring income through real estate investments. In this episode, I’ll share my own story of navigating real estate investing over the years and the importance of having the right mix of investment education and career growth. You will hear about what worked really well for me (and hundreds of others) to orchestrate financial freedom.

There’s a lot of propaganda and misinformation given out today about real estate investing (and all kinds of investing). I’ll talk about why this is and share key insight into what you need to know about investing—especially going into it in this uncertain economy. If you have been looking for a way to find freedom in your own life and finances through creating recurring income, this episode is for you.

Minute Markers:

1:57 – What passive income is and what you really need in order to orchestrate your freedom.
4:49 – What you need to know before getting into real estate investing.
5:55 – How I got started in real estate investing.
8:52 – The importance of investing in yourself and new skill sets.
10:34 – The value of fundamentals.
12:46 – What cash flow allowed me to do at a pivotal moment in life.
14:11 – The search for financial certainty and the importance of a plan.
16:49 – Are you ready to step up and make a change?

Featured on the Show:

Freedom Founders Discovery Call

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P.S. Whenever you’re ready, here are some other ways I can help fast track you to your Freedom goal (you’re closer than you think) :

1. Schedule a Call with My Team:

If you’d like to replace the earned income you need from your practice with investment income in as little as 2-3 years, and you have at least 1M in available capital (can include equity or practice sale), then schedule a call with my team. If it looks like there is a mutual fit, you’ll have the opportunity to attend one of our upcoming member events as a guest.

2. Become a Full-Cycle Investor:

There are many self-proclaimed genius investors today who think everything they touch turns to gold. But they’re about to learn the hard way what others have gained through “expensive” experience. I’m offering a report on how to become a full-cycle investor, who knows how to preserve and grow capital in Up markets and Down markets. Will you be prepared when the inevitable recession hits? Get your free report here.

3. Get Your Free Retirement Scorecard:

Benchmark your retirement and wealth-building against hundreds of other practice professionals, and get personalized feedback on your biggest opportunities and leverage points. Click here to take the 3 minute assessment and get your scorecard.