1. EachPod

Episode 62: Freedom from Uncertainty: How to Expand and Diversify Income Streams

Author
Hannes Hennche
Published
Fri 14 Jul 2023
Episode Link
None

In this episode, I interviewed Christine and Danny Bellish, a power couple who found financial freedom through real estate investing. They share their motivations for pursuing financial independence, driven by their desire to escape the financial struggles they experienced growing up.

They discuss their journey in the advertising sales industry and how they established the Bellish team, which allowed them to invest in over 1,000 units across six states. We also explored the significance of diversifying income streams, protecting against economic uncertainties, and empowering others through financial literacy and smart investing.

Tune in to this new episode and learn the importance of taking control of financial future and the potential of real estate as a wealth-building strategy.

You can access it through your favorite podcast platform.

✅ Apple →  https://apple.co/3IOy1Ar
✅ Stitcher →  https://bit.ly/3H3Y6dz
✅ Spotify →  https://spoti.fi/3XtL9Pt
✅ Youtube → https://bit.ly/3WcijlR


Let’s Stay Connected

✅ LinkedIn →  https://bit.ly/3Q9C5wC


Connect with Christine and Danny Bellish

✅ LinkedIn → https://www.linkedin.com/in/danny-bellish-19ba50a/
✅ LinkedIn → https://www.linkedin.com/in/christine-bellish/
✅ Website →https://www.thebellishteam.com/
✅ Facebook → https://www.facebook.com/thebellishteam/
✅ Instagram → https://www.instagram.com/thebellishteam/

Time Stamps

[02:48] Entrepreneurial inspiration and motivation
[05:14] Why choose real estate?
[10:01] Double and triple net leases
[12:14] Redevelopment of office buildings
[16:10] Stability of net lease properties
[20:07] Diversification in real estate investing
[25:13] Full-time LP vs GP
[29:41] Turning down certain investors
[34:46] Guiding financial decision-making
[36:34] Generation wealth and financial literacy
[41:01] Finding balance in life

Quotes

"The last thing that you want to do is start a business where you're already desperate for money, right?"

"You can really have freedom of choice, freedom of time, freedom of opportunity and still be, you know, extremely successful."

"You could get rich depending upon your strategy, but we're not looking to get rich off of this. We are just looking for steady cash flow and to preserve wealth."

"We could really pick up and go somewhere for a month if we want to. We could work from the beach and live life more on our own terms. That's really the goal."

"Desperation is a stinky cologne and investors do not want to invest with someone who is desperate for their money."

"That's the true generational wealth. Beyond the money that we might pass on, it's the knowledge that we were able to blend at an early age that will not only carry them, but their children."

"Even though you should work hard and you should go after your dreams, really plan those things that are going to make you escape from the grind of the business and all of those finances."

#realestateinvesting #passiveincome

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