Table of Contents
If You Can’t Cashflow After This I’ve Got Nothing For You…
Introduction: Continuing My Story
My Story Continued
How Life Changes for the Better After Deal One
Money Story
Pond Mentality
Why Checks Just Don’t Work
Building Credibility in Yourself
How to Shift Perspective
Creating Money Out of Thin Air
How to Eliminate Trading Time for Income to Set Yourself Free
An Intro to Understanding How to Earn Money Passively
Using Promissory Notes to Build Wealth
The Pros of Owning Promissory Notes
The Cons of Owning Promissory Notes
Owning Rental Property and Sending Families to Work for You
The Upside to Owning Rental Property
The Downside to Owning Rental Property
The “Real Life Cell” on a Spreadsheet is Missing
Getting Clarity on Long-Term Financial Freedom
Assigning New Income to a Debt to Make it Free
Scaling and Team Building
Wholesaling for Truly Passive Income
Case Studies
The Hoarder Home
The Smoker Lounge
Step One
Organizing Note/Title Company
Explaining Your Goals and Path
Understanding the Process
Step Two
Locating Property at Discount by Locating Larger Problems to Solve
What to Look for
Understanding Problem-Solving
What to Say and What Questions to Ask
Understanding Sellers Don’t Want Money
How to Pair a Solution to Any Problem
Step Three
What Can I Pay for This Property?
Exit Strategies
Wholesale
Wholetale
Retail Paper/Owning Debt
Should I Rehab This Myself?
Rental Property
Step Four
Ranking the Exit Strategies to Choose Best Possible Offer
Putting the Offer on the Table
Ask Them How You Can Best Serve
Explaining the Problem-Solving Process
Step Five
Accepted Offer Next Action Steps
Can I Create Monthly Income for Free?
Do I Need to Gather More Resources?
Setting Expectations with Title Company or Attorney
Understand Your Security and Lien Position
Closing Day
Step Six
What to Expect After Closing
Building an Intake System for the Business
Your First Check and How to Expect to Feel
How to Get it Again
What to Expect When Scaling
Understanding Asset Classes
BONUS STEP:
What if You Focus on Problems with Much Larger Properties Attached to Them?
Can I Receive Bulk Payments AND Passive Payments from the Same Deal?
Advantages of Leveraging Other Teams
How to Obtain Equity in a Deal You Never Saw
You Can Do This on More Than Just Houses
Mobile Home Case Study
Closing Thoughts
Special Thanks
About the Author
Want to Work with Todd
Recommended Media
Todd’s Other Books
Acknowledgements and Testimonials
This Book Is For:
Those willing to accept delayed gratification and take the less comfortable path
