• 111 - Here’s a Quick Way to Replace Your W-2 Income with Real Estate Cash Flow - Mandy McAllister

  • Mar 11 2025
  • Duración: 55 m
  • Podcast

111 - Here’s a Quick Way to Replace Your W-2 Income with Real Estate Cash Flow - Mandy McAllister

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  • From W-2 to Passive Income Powerhouses: The Real Estate and Business Journey with Mandy McAllisterJoin Mandy McAllister and Emma Powell on Passive Income Adventures as they explore the transition from traditional jobs to full-time entrepreneurship in real estate and other business ventures. Learn about the challenges and rewards of creating passive income, the realities of running different types of businesses like car washes and motels, and the nuances of balancing purpose and profitability. Mandy shares her experience leaving a medical sales job, building a multifamily real estate portfolio, and eventually co-leading GoBundance Women—an organization dedicated to empowering ambitious women in their personal and professional lives. Discover the importance of having reliable business partners, the significance of setting up systematic management for true passive income, and the strategies for celebrating small and big wins in your financial journey.Bio:Mandy McAllister is a multifamily real estate investor, mindset ninja, and connector. She spent the bulk of her career in medical device sales chasing cases and commission checks. In 2021, Mandy left her W2 to lean on the financial independence she built through real estate investing. Mandy now serves as CEO of GoBundance women, a tribe of healthy, wealthy, generous women who choose to lead epic lives.Her real estate expertise includes repositioning underperforming assets to increase cashflow and value. Her portfolio is currently comprised of 373 doors of B class workforce housing, furnished student housing and a motel reposition. She is most proud to be mama to her hilarious 7-year-old son Duncan who, coincidentally, wants to be a real estate investor when he grows up.Connect:https://www.mandymcallister.comConnect with Emma:https://InvestWithEmma.comhttps://Highrise.Grouphttps://PartnerWithRise.com/Emma00:00 Introduction to the Crazy Tribe00:23 Welcome to Passive Income Adventures00:29 Mandy McAllister's Journey to Passive Income00:53 The Evolution of Passive Income and Purpose01:28 Challenges and Realities of Multifamily Real Estate02:14 From Medical Sales to Real Estate03:20 The Business of Passive Income06:32 The Truth About Passive Income09:10 GoBundance Women and Female Leadership14:27 Balancing Roles and Responsibilities15:43 Navigating Business Partnerships29:36 The Car Wash Cashflow Strategy30:21 Navigating the Cashflow Hamster Wheel31:11 Challenges in Real Estate Investments33:16 Balancing Growth and Cashflow35:23 The Importance of Diversification36:10 Celebrating Achievements and Setting Goals43:39 Future Plans and Lifestyle Goals51:57 Joining GoBundance and Investing
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