Half a year ago we bought a minivan, I debated selling our 2009 Toyota Yaris, which became an extra third car, but instead decided to rent it out on TURO.
In the last 6-months, I have made $2750 by renting out the car. If I sold the car I probably could have only gotten $3500 for it.
So by the end of the year, I will have made more than I could have sold it for, and I will have a Semi-Passive Income Generating Machine that will continually roll in profits.
On today's episode, we discuss the ins and outs of TURO, and whether this Side Hustle could be for you. Enjoy! https://www.famvestor.com/058
Erik Hemingway's Family of 8 left everything behind, flew to Greece, bought a $80k sailboat and lived on a sailboat for 3 years traveling to 25 countries! Erik kept the cashflow coming in with rent money from his storage units; he now syndicates storage unit deals through his company Nomad Capital so others can have the financial freedom to pursue the great adventure of life!
https://famvestor.com/097
https://www.nomadcapital.us/
Our Family of 6 is Moving to Japan for a year. We share what we have been up to since Baby #4 was born!
https://famvestor.com/096
Frugal Family of 6 goes on a Cross-Country Camping Adventure of a Lifetime while on Paternity Leave with three kids, 6 and under and their 6-week old baby.
With just their mini-van, a tent, and a sense of adventure they traversed 8,000 miles through 18 different states visiting 17 national parks. https://famvestor.com/095
Lue and his wife were able to retire from cooperate America and live off passive income at age 38. Before early retirement, Lue was a computer programmer in the NYC area for 14 years. Lue enjoys spending time and traveling with his wife and three children. Lue’s personal motto is passive investing, active parenting.
Lue has been a passive real estate investor since 2015. Starting out with one single-family rental, Lue has invested in 39 real estate syndication deals. Lue’s current portfolio includes indirect ownership of over 17,000 apartments, 15,000 self-storage units, 1,000 manufactured home pods, 4.5 million square feet of industrial warehouses, 6.4 million square feet of office, and 140,000 square feet of retail in 26 states. https://www.famvestor.com/094
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Sunny and Sunmarie share their reason for choosing a limited screen time lifestyle and the effects its had on their family. https://famvestor.com/093
* https://www.famvestor.com/gifts/
* ScreenFree Activities: https://docs.google.com/spreadsheets/d/1clHJmdy6CMbGd123dlt79sh3Bzih29s45a2LEciHdUY/edit?usp=sharing
* https://xtramath.org/
* https://readingeggs.com/
Lindsey Spiegel shares how her daughters from the age of 6 started their own Chicken egg-laying business and how that money was used to start their Roth-IRAs.
It's an incredible story of what a little guidance and intentional parenting can unlock in a child and the wonderful journey that can unfold.
Lindsey currently resides in a rural west Texas town on five acres with her husband and two daughters. With a background in urban farming and market gardening, she grows her own food and takes pleasure in cultivating the land. She enjoys being an Airbnb host, homeschooling, hiking, and adventuring with friends and family. Teaching her daughters the value of the side hustle and investing is something she holds dear.
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Sunny and Sunmarie share their reason for wanting a family, and discuss the common concerns and challenges that are causing couple to opt out. https://famvestor.com/091
Jim Crider is a financial planner focused on helping young families reach financial independence. Jim is a father of 3, and helps guide other families towards a life they truly want to live. In todays episode we go through his unique approach and some guiding questions to find out what truly is important to us, and how we can use money as a tool to live our best lives.
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We discuss the perils that come with trying for greatness, and how overcoming obstacles transforms you into your best self. https://famvestor.com/089
Exercises you can do tonight to build intimacy as a couple. https://famvestor.com/088
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