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

My goal is cash flow within the first month.

Cash flow investing means some sort of cash comes in regularly—whether monthly, quarterly, or some other time frame.

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.

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.

John Ruhlin, John Kane, Jon Vroman, and Hal Elrod, thank you for your friendship, inspiration, and support through this writing journey.

Mike Koenigs and Marissa Brassfield:

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.

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

Brad Johnson, Shawn Sparks, and Ryan Levesque: Thank you for your continued belief and support not only with this book but also by being the original members of the Lifestyle Investor Mastermind and Investment Club, which provided much of the original content for this book.