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4 steps to 6 figures in passive income in the next 12 months with Lifestyle Assets

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What other options do you have in your life where in the next 12 months you could:

  1. Spend 5-15 hrs a week
  2. Deploy $50-100k of capital (typically 10% down + furnishing and holding costs until you go live)
  3. Create a new fully-managed, passive income stream approaching 6 figures in after tax profit by this time next year?

Lifestyle Asset investing is that opportunity.

Not including the tax and appreciation benefits (which are a big part of the appeal, especially in year 1), this is a very promising opportunity.

  • Jeff & Jamie turned $2.3M into $750k+ in annual cash flow in 2 years
  • Chuck & Amy turned $169k cash into $60k first-year annual profit, doubled it the next year, and are on to their 2nd and now 3rd property
  • Eli & Lyndsay put just under $250k into their first Lifestyle Asset, and were able to cash-out refinance $100k back and profit $40k in their first year
  • Jeff & Jessica invested about $200k into their first, made $68k in their first year, and are now sitting on over $500k in equity in the last 3 years with a six-figure passive income asset

All of these stories (with numbers) are here on our success stories page.

To create your own six figure passive income story investing in Lifestyle Assets, you simply need to execute these 4 steps:

  1. Understand the Game - you need to understand how to find a property that pencils based on the short term rental demand in the area, understanding all the key fixed and variable expenses, the seasonality of the market, and where in the market you need to be and how to get there (most would-be or current STR owners do not fully understand these metrics and how to analyze deals accurately. If you can't analyze deals you can't succeed in this game).
  2. Build a Dream team - you need a team of professionals who want to help you and who are properly incentivized to do so. In many of these markets you simply cannot and will not succeed without the right realtor, management, finance, design, marketing, tax, and legal professionals. (We have the best of the best in each of these categories, intimately involved with our members on a weekly basis inside our group).
  3. Make Things Happen - this is not a business you can sit on the sidelines of and succeed with. It is a proven path, and it doesn't need to become a side hustle or a full-time job. But it does require focused effort and it requires you being able to make things happen - to find dream team partners and get them on board, to find properties and make good offers, to get properties set up and live, etc etc. This is a skill you can develop mainly by having the help of someone experienced who can help you know exactly what needs done next.
  4. Deliver the Fairytale - great Lifestyle Asset owners understand the kind of experience their target ideal guest wants, and they set up their property from the inside out to deliver it. This comes down to everything from furnishing every square inch properly of the property interior to going above and beyond with the little touches that make all the difference in hospitality. You won't be doing this as the owner, but you must understand the experience you're offering, it must be an experience that puts your property in the top 10% of your market, and your management partner must be on the same page and able to consistently deliver that experience every time.

As a Lifestyle Asset owner - a #LegacyBuilder, you are responsible for #1 and #3. No one is going to do these for you.

The good news is, if you can do those 2 things, this is one of the most highly-leveraged, highly profitable long-term financial moves you can make in your lifetime.

We show new and experienced real estate investors exactly how to do these steps inside our program, and we offer LIVE weekly coaching to help you through any obstacles you encounter along the way.

It's our program and support structure that allow our clients to succeed so quickly, predictably and repeatedly with their Lifestyle Asset portfolios.

If you'd like our help with understanding how you could find your first Lifestyle Asset and build your first six figure passive income stream with short term rentals, book a call to get a look at our new program structure and money-back guarantee.

 

Cheers,

Shawn Moore

 

 

New to real estate investments?

 

Did you know that real estate return on investment is typically higher than the stock market? If you're wondering the best ways on how to start investing in vacation rentals, check out my free training called "How to Build Lifestyle & Financial Freedom Investing in Vacation Homes" and learn about the 3-dimensional approach to your vacation rental investment. If you've ever been interested in an online course to navigate the world of rental properties you've come to the right place!

 

Join the community and learn from me, Shawn the CEO of Vodyssey. I teach people like you ways to increase their rental income and develop passive income streams. Let me teach you how your rental property or vacation rental investment can provide you with active income. I look forward to seeing you on my online platform!

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