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The Best Ever CRE Show

JF2436: $15,000 a Month Passive Income with Rachel Richards

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7996 Ratings

🗓️ 4 May 2021

⏱️ 32 minutes

🧾️ Download transcript

Summary

Rachel is a former financial advisor, and now a real estate investor with a portfolio of 40 doors. At 27 years of age. Rachel quit her job and retired with $15,000 a month in passive income. Rachel is also the author of two books, “money honey”, “passive income, aggressive retirement”. Rachel is passionate about helping young women, millenials and Gen Z. She combined her sales skills with her passion with finance but then she realized that she wanted to invest in real estate to set a goal for early retirement. In today’s episode she will share with us her transition from being a financial advisor to her $15,000 a month in passive income investment, she will share to us the details on how she started her journey and her goals on the way.   Rachel Richards Real Estate Background: Former financial advisor and real estate investor At 27 Rachel quit her job and retired with $15,000/month in passive income Author of 2 books; “Money Honey” and “Passive Income, aggressive retirement.” Portfolio consists of 40 doors Click here to know more about our sponsors RealEstateAccounting.co thinkmultifamily.com/coaching  Best Ever Tweet: “Being good at something doesn't mean that you enjoy something, and I did not enjoy sitting in an office cold calling people all day long..” – Rachel Richards Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

Yet somehow only 19% of women reported feeling confident in selecting investments that align

0:11.0

with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.

0:23.0

InvestHERCON is not just another real estate conference.

0:27.0

It's a transformational experience focused on real estate investing,

0:31.0

business strategies, and self-care tactics, all designed to help women take

0:35.5

control of their financial futures. Gain the knowledge and skills you need to grow

0:40.0

your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.

0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-K-G-O-K-K-O-K-O-K-O-Kom,

1:00.6

Prom today to get $100 off your ticket.

1:05.0

You have to be able to recognize the point at which you've learned enough.

1:10.1

And it is time to take action, because you're never going to feel a hundred percent

1:13.8

prepared. It's always going to be scary to take that first step.

1:17.2

Quick disclaimer, the views and opinions expressed in this podcast are provided

1:21.0

for informational purposes only and should not be construed as an offer to buy or sell any securities or to make or consider any investment or course of action.

1:31.0

For more information go to Best Ever Show.

1:33.8

I want to introduce to you Ash Patel.

1:35.8

He's a full-time commercial real estate investor.

1:38.2

He's going to be doing the interview today and a lot of them moving forward.

1:42.0

I'm still going to be doing interviews, just not as many and he is going to ask tough questions.

1:47.5

Well, still building rapport that way it's not awkward. He's a good friend of mine.

...

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