79: How To Achieve Financial Freedom with David Campbell
How To Achieve Financial Freedom with David Campbell
To be financially free, you must convert your equity into cash flow. Here’s how. When you have money, are you led to temptation and “buy high”? When you need money, are you tempted to “sell low?” Learn how to break that behavior. Financial freedom through real estate recently enabled our guest to move from urban California to an Oregon farm. Want more wealth? Visit GetRichEducation.com and 1) Subscribe to our free newsletter, and 2) Receive Turnkey RE webinar opportunities. Listen to this week’s show and learn:
02:50 Financial freedom via real estate enabled David to move from urban California to an Oregon farm and orchard.
06:35 Once you know your “compelling why” it will embolden you. You act.
09:39 Quit trading your time for money.
12:53 Your Personal Investment Cycle versus the Market Cycle.
14:53 The essential investor resources of cash, cash flow, equity, credit.
17:17 Investing for profits vs. investing for wages.
22:30 What to do when your personal investment desires don’t match with market cycles? Buy high? Sell low? No.
25:02 Keith and David don’t invest much in the stock market; but here’s why they watch it.
28:25 Low interest rates continue to be a great opportunity. Here’s why.
36:10 Cap rate minus interest rate equals your profit.
41:06 A cash dollar is different than an equity dollar.
Resources Mentioned >