Should You Buy For Cashflow or Appreciation? | Thach Ngyuen E365

The Rich Somers Report

Rich Somers

Business, Entrepreneurship, Investing

5 • 910 Ratings

🗓️ 28 June 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Still debating whether to chase cash flow or buy for appreciation? In this episode, Rich sits down with legendary real estate investor Thach Nguyen to unpack the truth about building long-term wealth—and why most investors are thinking way too small. From his first $15K-down rental to a billion-dollar net worth vision, Thach breaks down how to play the real game: buying assets that compound while you sleep. They cover: The biggest mistake broke investors make when chasing passive incomeWhy ap...

Transcript

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0:00.0	That's seven years.
0:02.8	Do it.
0:03.9	14 year.
0:05.4	Do it.
0:06.0	You know what I mean?
0:06.8	10, 20, 30 year out the road.
0:09.0	The guy that has cash flow, we will outrun their ass, bro.
0:12.7	We leave him in a dust like a Ferrari and a Pinto.
0:17.0	Everybody always mocked me like, you know, passive income.
0:19.6	Yeah, man.
0:20.3	It's so fucking slow. Blah, blah, blah, blah, blah.
0:23.2	And I was like, yeah, but we're not comparing active, passive income to active income.
0:27.3	Active income, I make a lot of money in active income.
0:29.7	You know what I mean?
0:30.6	Right?
0:31.0	But I don't talk about active income.
0:32.7	I mean, you know, I make like over $10 million a year in active income.
0:36.1	I never talk about it, right?
0:37.7	All right.
0:37.9	I talk about passive income, right?
0:39.8	But if I have to compare myself, yeah, I make over $10 million a year in active income.
0:44.3	And I got $100,000 a month in passive income before all my other property get paid off.
	...

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