Building Enough Passive Income to Attain Financial Freedom With Henry Washington

The His and Her Money Show

Talaat and Tai McNeely

Business, Investing

4.8 • 1.3K Ratings

🗓️ 5 April 2023

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Building enough passive income to attain financial freedom is a goal many strive for. But it takes work. When you're just getting started, it can take time to get your mind around the concept of passive income and how it relates to the bigger picture of achieving financial freedom. Passive income is money you regularly earn from sources other than your primary job. It's often referred to as "unearned" income because it can be generated without any effort on your part after initial setup.

Passive income is not limited to just one source or type of income; there are several different types of passive income. In this episode of The His and Her Money Show, we are joined by Henry Washington, a real estate investor and advisor who has been in the industry for more than five years. He got into real estate to provide for his family since he was in a bad place, and everything worked out.

Henry Washington explains how we can generate passive income from real estate to attain financial freedom. He talks about how you can make your thought a reality, the importance of writing your thought down, and taking the first step in real estate investing. He also shares insights on evaluating good real estate deals and what new investors should focus on. Tune in to learn more!

What You Will Learn

How Henry got into real estate investing
Advice to people dreaming of attaining financial freedom
Making your thought a reality
Tips to make the first step in real estate investing
Tips for evaluating good deals in real estate
Figuring out the fair market rent for your clients
Pressing the accelerator in real estate investing
The things that new investors should focus on
The greenlight in real estate deals
How real estate investing has changed Henry’s life
Advice to those starting the real estate investing journey

Resources Mentioned

Connect with Henry Washington

Instagram: Real Estate Investor | Henry Washington (@thehenrywashington)

Transcript

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0:00.0	This episode is being brought to you by the Debt Freedom Blueprint.
0:03.2	It's our step-by-step roadmap to start the journey to financial freedom.
0:07.4	You can learn the first steps we personally took to become debt-free
0:11.1	and use our money to build generational wealth.
0:13.6	You can go from worrying about your debt to gaining control
0:16.7	and confidence in the area of money and it's totally free.
0:20.0	To get your copy, go to hisandhermoney.com,
0:23.2	Fortslash, Debt Freedom Blueprint.
0:28.4	Welcome to the His and Her Money Show.
0:30.8	I'm Talette.
0:31.5	And I'm Ty.
0:32.4	Learn how to stop the cycle of debt and build generational wealth.
0:36.4	It's time for you to take dominion over your money and your life.
0:39.8	So let's get started.
0:44.3	Hey everybody, welcome back to another fantastic edition of the HisandHermoney Show.
0:49.2	When we make it our business to help you take dominion over your money and your life,
0:54.5	we are excited to have you tuned in with us for another great episode
0:58.3	because we love doing this work, empowering and educating you
1:02.6	on how you can tackle this thing called money.
1:06.4	Money is important, it's something that can't be ignored.
1:09.2	It's something that we need to get a hold of, understand, and make great things happen with.
1:16.0	And that's why we're excited about today's episode.
	...

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