The Lifestyle Investor: The 10 Commandments of Cash Flow Investing for Passive Income and Financial Freedom

Right here, I want to introduce you briefly to each principle and each commandment. Principle

For me, the ideal scenario is that I get the principal back in one to two years.

The 10 Commandments of the Lifestyle Investor™

My goal is cash flow within the first month.

The way you structure your real estate investments is also important. Look for deals that give you a lot of options for returns. For example, you can invest in certain real estate asset classes, which are groups of investments that behave similarly and are subject to the same market forces, to provide you with an opportunity to earn long-term equit

If my return is high, I might be okay having my principal remain in the investment longer because I’m earning a good return on that money. Most of the time, however, I like to get my principal back as quickly as possible because often my equity position would remain the same, even after my initial principal has been repaid.

The goal is to have it flow in a way that you can live on it. For passive income, it’s the idea that this money isn’t based on work, but on assets and other money working that don’t require your time or (in many cases) anyone else’s time, either.

Tim Nikolaev, your influence in the way I think about investing and trading time for money has been instrumental in my life. Thank you for sharing your mental framework around creating wealth and buying assets that produce income as a tool to buy your time back.

Mike Koenigs and Marissa Brassfield: