Jack Bosch talks about the lessons he learned from the legendary Robert Kiyosaki, author of Rich Dad Poor Dad. In this episode, Jack Bosch discusses his views on house flipping and - more importantly - how you should change your relationship with money in order to gain long term financial freedom.
There is a very simple strategy to growing your passive income, and it all comes down to how you spend your money.
Jack Bosch answers more of your questions in this episode of The Forever Cash Life Real Estate Podcast! If there's anything you want to know from Jack or Michelle Bosch, feel free to ask by leaving a comment. Continuing on from the last episode, Jack Bosch discusses how to write real estate listings with the AIDA method. Also discussed is the power of doing seller/owner financing when doing land deals.
Do you want to live a life of financial freedom and have all your fixed expenses paid? Then check out this episode!
Jack Bosch answers your questions in this episode of The Forever Cash Life Real Estate Podcast! If there's anything you want to know from Jack or Michelle Bosch, feel free to ask by leaving a comment. In the first part of this Q&A session, we take a look at the many resources that Jack and Michelle Bosch have made available in order to help you become a better real estate investor and live a life of financial freedom.
In this episode Jack Bosch explains everything you need to know when it comes to cap rates. How do you calculate cap rates? Why are cap rates so low? Why are they important? You'll find out all of this and more! More importantly, Jack Bosch explains how he has increased the cap rates on his properties, allowing him to live a life of financial freedom by radically improving the return on his investment.
So, check out this week's episode of The Forever Cash Podcast and learn how to become a better investor when it comes to real estate, and learn how to generate passive income in order to live the life of your dreams.
In this episode Jack and Michelle Bosch discuss how powerful teams can be when it comes to your business. You’ll learn how they have structured their company to run efficiently using an almost entirely virtual team! Discover how you can run an amazingly efficient business (in real estate or otherwise) by hiring the right people for the job, using tools and strategies that have allowed Jack and Michelle Bosch to run their businesses while having the time to travel frequently.
Do you want to run a successful business using the Forever Cash System that allows you to live a life with financial freedom? Check out this episode and find out how!
In this quick episode, Jack discusses how to set up your business to run on autopilot; making sure that you leave the right person in charge. Entrepreneurs are never satisfied with having just one business - right? Well, that's not a problem at all as long as you leave your existing business in good hands.
Jack and Michelle have paid various experts anywhere from $10 000 to $50 000 to get someone to help them learn about investment, and every time it has been worth it. In this episode, Jack and Michelle discuss exactly how powerful mentorship can be when it comes to growing as an entrepreneur.
You'll find out about the different types of mentorship, which will allow you to rapidly improve in any field by hiring the best to help you fill in the gaps in your knowledge. Do you want to become a better investor in a short amount of time? Check out this episode and find out how!
In this episode, Jack chats about the concept of "infinite returns" - a way to invest that means that you have no money in the deal and still get profit! He looks at some examples from within the different kinds of property investments, and even looks at actual examples from some of the people within the Forever Cash system.
Learn how to make a ridiculous return on your investment using the investment techniques taught within the Forever Cash system.
In this episode, Jack discusses the pros and cons of different kinds of real estate. You'll learn the differences between land flipping, rental housing and multi family housing. Jack goes in depth into each kind of real estate and talks about the reality of investing in them.
You'll learn how to avoid losing money on your investments by making smart decisions based the experience of other investors who have made (and lost) huge amounts of money in land. Jack also recaps some concepts spoken about in previous episodes, including The Law of Large Numbers and the pitfalls of not thoroughly inspecting a property.
Michelle is back this week! She joins Jack in a discussion about due diligence on property. You'll learn how to do due diligence as efficiently as possible, without wasting precious time on things that don't matter.
Jack and Michelle discuss the number one common mistake that people make when doing due diligence. They also discuss how land flipping allows you to do due diligence way simpler and cheaper than any other type of property. You'll also learn some of the most important things to look out for when assessing a property, so that you can make huge profits without having to worry.
In this episode Jack gives you a crash course into the world of landlocked real estate. You'll learn the definition of landlocked real estate, as well as all the technicalities around this. This is an excellent opportunity to make huge profits off of land that other people don't want, just by following some steps that instantly increase the property value.
Learn about easements and road access, and how to know whether it's worth your time to add these into a property. Most importantly, learn yet another amazing technique to make profits in the Forever Cash System.
In this episode Jack continues where he left off in episode 56, this time focusing on the mindset required to make it in real estate. You'll learn how Jack and Michelle think about real estate investment and how this has allowed them to live a life where they have financial security.
Jack discusses the kinds of people you need to avoid as well as the kind of motivation you need to thrive in the Forever Cash Life. And if you feel overwhelmed and are unsure about the path to follow, don't worry! Jack discusses his views on picking something that works and persevering.
In this episode Jack talks about what it takes to make it in real estate. Many people make huge mistakes when they invest, because they base their decisions on speculations. Jack discusses the fact that you need to invest using sound, fundamental principles. Learn how many people went through the recession without losing nearly as much income as those who invested irresponsibly.
Take a realistic look at what investing in real estate means, and reflect on some harsh truths about business that will help you to flourish while others stay up at night worrying about their investments.
In this episode, Jack and Michelle talk about the concept “Simplify to Multiply” – how to hocus, pocus, focus on the things that are important and eliminate distractions. In the world of business, there are many times when “shiny pennies” and other distractions take your focus away from what’s important.
You’ll learn how to choose what to focus on, and eliminate everything that is causing you to waste your precious time. There are also certain times when it might be a good idea to do something different, but you have to very carefully weigh your options. Do you want to spend all your time on one thing that might not pan out? Or do you want to zero in on the most important stream of income, and succeed with the Forever Cash System?
In this episode, Jack discusses a question that he gets all the time: “Why are you adding Multifamily buildings to what you do? Aren’t you the land and lot people?” There’s a very good reason for this, and it all comes down to how Jack and Michelle structured their business. In this episode you’ll get more insight into their background, where they are today and why they are able to add an entirely new segment to what they do.
You’ll also discover what makes Jack and Michelle tick. Once you have a business that runs itself, you need to challenge yourself to learn more, right?
Jack and Michelle talk about the fact that real estate is a numbers game and how that affects the way you approach marketing your business. You’ll find out what do you need to know in order to go withstand dry spells or any other situation where you start doubting any real estate investment system that you are applying.
You’ll learn about how basic statistics and how that informs how to target your mailing strategy. Jack and Michelle will give you an honest look at your chances within different real estate investment systems to make sure you that close as many deals as possible.
In today's podcast, Jack and Michelle talk about lot and land flipping. In other words, real estate without houses. Now here's the thing, with land and lot flipping you can do almost everything you can do with houses and some things you can't even do with houses. But there's plenty of things you cannot do with houses because of residential laws.
So there are so many different things that you can do with land and make tons of profits. And the biggest advantage to lots and land is that there's almost no competition. So, if you want to make big money in land without ever having to show a house, this episode is for you.
The subject of today's podcast is going to be, who do you hire first, when you start your business? You've gotten your business going, you've got a few things going, you got started, and you're kind of running out of time, too many things to do during the day. If you have to hire somebody, who do you hire first? And also, how do you expand from there?
So, you went to http://jackbosch.com/land. You got the land profit generator, our land and lot flipping home study course that allows you to do everything that house flippers do, just without houses. And without much competition, right? So, with mostly no competition. And then, you got started.
You got your deals coming in. You're analyzing your deals, and you realize that these deals coming in, you realize this is actually working. So, now, when you realize that, you are starting to come up against the limit of time. You're not yet ready to quit your job, and at the same time, you don’t have enough time to do everything. In today’s episode we discuss how to solve this by hiring the right person.
Okay, so, this time around, we thought that it would be great to talk about end goals versus means goals. So, here's the here's the deal, most people are focusing on a means goal. Nobody really is asking, "What do I want out of life? What's the end goal that I want? How I want, what do I want my life to look like?" And more than anything, "How do I want to feel about that?".
Most people are after an income, they're not after wealth. Most people are after active income, after something that they make more and more and more of instead of looking at how they create something that they can live from forever. And that's really from a financial point of view, that's the end goal, right? But even that financial goal is really in our minds, not the end. It's a means goal. It's a means goal because what's behind it? It’s feelings. Today we’ll be unpacking the difference between end goals and means goals, and why your goal should be creating a feeling.
Welcome to episode 49! Today we’re talking about the concept of Easy and Effortless and what that means to you as a business owner or entrepreneur. As business owners, we want to do it all, and at least in the beginning, we probably have to, but as our business grows it more effective to simply focus on the kinds of activities that come easy and effortless to us and outsource the other stuff to other people or services that complement your skill set.
Instead of having to force everything, purposely structure your business around what comes easy and effortlessly to you and your business will thrive. Sometimes this also means listening to the market and working with it vs. fighting against it. The less you do the more you’ll make, IF… you have the right approach.
Welcome to episode 48. This episode is our welcome back, re-launch episode after being away for quite some time. We are excited to get back to it and re-launch with not just an audio podcast, but also a video podcast option. Today we’re going to be talking about what it means to be a wholesome entrepreneur and investor. We’re going to talk about what we call the 4 freedoms in life and what Forever Cash is and how you go about generating it. If you’re ready to invest in yourself, emotionally, and financially, and if you’re ready to form a new direction, reinvent yourself, and are willing to do the work it takes to succeed, this podcast is exactly what you need. Listen and enjoy: What’s inside: Welcome back What we never learned in school The trap of the American Dream Our story of getting out of debt and starting in real estate The 3 kinds of cash: one-time cash, temporary cash, and forever cash Stop trading time for dollars and the difference between money and wealth How to make land cash flow How to have someone else pay for your monthly expenses What are the 4 freedoms and […]
The post FCP 048: Podcast Re-Launched – Wholesome Entrepreneurs and Investors appeared first on Forever Cash - Education for a Financially Independent Life.