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20
Feb, 2024

Attendance vs Biblical Church Membership: Really Different?

In this video, Rob explains to us what a real Biblical Church Membership looks like. God does not call us to merely attend church, just sitting in the pews and listening. If we are all serious about our spiritual walk, we will get involved. God is always at work! It is up to all of us, His children, to seek out a church where we can all join in! The Bible teaches us to be God’s hands and feet in our communities, so heed God’s Word! Become a member of a Bible believing church. Then, you can really take action in loving and serving the people around you in your community!

Church Attendance – NOT Biblical Church Membership

Rob starts out the clip by listing what Biblical Church Membership does not look like. Specifically, he points out what it looks like when folks just attend worship services, and do not take His Word to heart. These church attenders do not listen to God’s voice calling them to contribute to His ministry.

Biblical Church Membership means worship, but not just in the sanctuaryBiblical Church Membership Looks Like This…

Volunteering

The Lord is not always interested in our ability. He is really looking for our availability. Sacrifice your time and talents as a volunteer in your local church on Sundays. When you serve others, you are following Christ’s example, as well as helping your church body carry out its community mission. These tasks will be different for different people. After all, the Bible tells us that God has called some to be Pastors, some Deacons, and so forth. Rob cited the example that his wife Claudia volunteers in the nursery, but caring for babies is not his forte. He often joins the prayer team before services to prepare for God’s blessings and pray for those who need them.

Tithing Your Treasure

Are you a Christian believer, but you don’t think that giving a tenth of your income is important? Then you should definitely turn in your Bible to Malachi 3:9-10. God literally curses an entire nation for not tithing! Conversely, He promises He will bless all of his followers abundantly when they give of their income!

Biblical Church Membership Means Sharing Your Testimony and Building Relationships

Rob has a powerful testimony. God brought him up from a life living on the streets and addicted to drugs. Now, he is blessed with a beautiful family and successful business ventures, not to mention his physical health. Rob has been privileged to share his story and help his churchmates, opening up his home for meals and small group meetings. You never know who could benefit from hearing and seeing how God has changed your life. Who knows, building friendships with those in your congregation could bless you even more!

Deeper Study and Additional Attendance

Continuing the example of helping others in your church, Rob mentions seizing opportunities to get involved past weekly Sunday services. Rob leads a group of young businessmen in a Wednesday Bible Study. He and his students study God’s Word as they grow closer to Him and each other. Rob also attends the Celebrate Recovery events on Monday nights. While Rob speaks about his experiences in the past with drugs to encourage others, there are also a variety of other “hurts, habits, and hangups” attendees seek to overcome together.

Serving Others Outside the Church Walls

A church is not a building. It is rather a group of living, breathing humans called to love God and love others. That means moving beyond the church walls to serve others in the community. One opportunity Rob’s local church affords its parishioners is to feed and clothe the unhoused every Tuesday. Jesus taught us that how we’ve treated “the least of these” is how we treat Him in this life. Each week, one to three individuals at these events surrenders and asks for help with drugs and alcohol addiction. The church serves them by paying for their rehabilitation. Many of the graduates go on to help with the church’s homeless relief program themselves.
Next, Rob describes in detail a ministry which he is very proud of. Three times each year, he organizes a group of volunteers to build houses in Mexico. On a chance visit south of the border, God impressed this mission Rob’s heart. The Lord led him to leverage his connections in order to assemble these groups for this mission opportunity. Thus far, the groups have blessed so many families who needed affordable housing.

Inviting Others To Share In Biblical Church Membership

Finally, Rob explains how a long season of prayer and an invitation led to a very special connection. His beloved sister now joins him for worship each Sunday. He shows photos of other friends and family who have joined in Biblical Church Membership with him. It may be uncomfortable to do so, but you will never regret inviting others to church. Your friends, coworkers, loved ones, and even enemies are all welcome to come and worship in God’s house!

Join Our Real Estate Investment Community

Do you own multi-family rental home properties? If not, do you aspire to do so one day? Then you should consider joining our online discussion group, the ATL Inner Circle Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in our industry. The real estate business is not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!

16
Feb, 2024

Shocking: Why The Wealth Bucket Model Retirement Plan FAILS!

What you don’t know about your own Retirement Plan might just shock you! Most American workers invest in a traditional 401k Wealth Bucket Model. However, that just may not be right for you, the savvy property investor. Think about it. What if your bucket of money runs out before your retirement years end? When you rely solely on that bucket of money, the ensuing expenses can drain it over time. Those funds could dry up before you pass away, and then you may have to go back to work. Definitely not what anyone wants in their twilight years. Read on for further explanation and a much better way for you to save for retirement!

Wealth Bucket Model Retirement Plan is BrokenThe Wealth Bucket Model Retirement Plan is Broken.

Just like Steven Covey’s book The Seven Habits of Highly Effective People outlines, we will begin this essay with the end in mind. Although small details will vary between us, we all want the same thing out of life. We want our freedom! More specifically, we want the time to do all the things that will fulfill us. Hopefully, we can make that time before we are too old to actually enjoy them to the fullest.

Rob outlines the means to this system as your Wealth Operating System, also known as your CORE Fund. This fund will form the base of your financial freedom. Eventually, your CORE Fund should start to generate Horizontal Income, totaling 1.3-1.5 times the amount of your Vitality Number.

This is how multifamily home investor Rob Rowsell encourages the members of his financial community to approach their retirement planning. However, almost every American will foolishly lean on a Wealth Bucket Model. We will explain that model next.

What Is The Wealth Bucket Model, And Why Should We Not Use It Exclusively?

What is the big picture that we want to paint about the Wealth Bucket Model? Most of us American citizens will contribute regularly to a 401k retirement fund throughout their career. There is absolutely nothing wrong when you use a 401k fund as a nest egg. However, when we rely on it exclusively, then we run the risk of running out of money before we are ready. We may have to go back to work in order to pay our bills. Rob outlines more below on the biggest expenses that are holes in the wealth bucket model.

Ignorance Is The Number One Leak In The Wealth Bucket Model

When we move on from our businesses, most of us will inevitably want to try new endeavors. We often make the mistake of thinking that our new ventures will come just as naturally as our pre-retirement ones. Many a successful investor has fallen prey to this trap. If you insist on investing funds in a new business or property, then you have to do your homework! Make sure that you partner up with some trusted experts in those fields.

Taxes – How Tax Drag Drains Your Wealth Bucket Model

When you reduce your personal Tax Drag, it can create a huge income stream! Rob preaches this point again and again to our community, and with good reason. Does your CPA recommend ways that you can legally reduce your tax burden? Well then, do it! Then, you can invest the difference in assets in accounts which will return compound interest.

Find Out What Your Vitality Number Is

Your Vitality Number refers to the annual cost of living which you want to live within. You should always live within your values, and not within your vanity! This is the biggest number that you can possibly get wrong! You want that trip around the world that your favorite billionaire influencer took on Youtube so badly. Geat real! You are not at their level yet. Unless you wait until you absolutely are, then you will blow your Vitality Number right out of the water.

Avoid Fee Drag By Consulting With Wise Financial Advisors

The task of employing wise advisors is mission critical. However, you need to keep a close eye on what they are charging you.  You should also keep evaluating it annually. At some point, the value may not be there anymore from their side. Maybe they are not working as hard as they did in the past in order to achieve the results you need. It is so important to shop around, so you can avoid suffering Fee Drag from these providers.

Inflation – The Silent Killer of Your Wealth Bucket Model Investments

You do not need a wealth expert’s advice in order to know that inflation is bad. In fact, it can be a real wealth killer! Keep this in mind as you are calculating your personal Vitality Number. Create a written or printed report of your own Personal P and L. Then, you must examine it in order to find out what that number is. When you stick to that number, then you can never go wrong.

Join Our Community

Do you own multi-family properties? If not, do you aspire to do so one day? Then you should consider joining our online discussion group, the ATL Inner Circle Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!

9
Feb, 2024

Crack The Code! Rich Investor’s Wealth Building Formula

 

Real Estate Investor Rob Rowsell shares his wealth building formula as well as useful financial terms. Become an expert at investing wealth and building your portfolio with this crucial money glossary.

Wealth Building Formula - Useful financial terms will help you complete your financial educationFollow Rob’s Wealth Building Formula By Applying Financial Glossary Terms

Financial Freedom Formula

Continuing from last week’s lesson, Rob explains the most requested component in his overall wealth building formula – the Financial Freedom Formula. Start with your Horizontal Income number and then divide it by your Vitality Factor.

Ideally, your passive income amount exceeds your cost of living. You are financially free if the solution to this formula is greater than 1.3. This amount accounts for a 30% blended tax rate. 

The Role of the Blended Tax Rate in the Wealth Building Formula

When we talk about a Blended Tax Rate, we mean the average rate the government taxes you on all of your sources of income. You may pay 40% on your own W2 as a business owner, and you may be taxed 20% on your other investments. It is your duty to know what all of these tax rates average out to!

What Is Tax Drag?

Rob defines Tax Drag as the wealth draining resistance of taxes on your investments and earnings. Obviously, you want to avoid this at all costs.

If you work with your CPA on legally reducing your taxes owed, you can then invest those funds instead of paying them to Uncle Sam. Don’t throw your money away needlessly – earn compound interest by investing it!

Join Our Community

Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the ATL Inner Circle Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!

2
Feb, 2024

Win At Wealth! Expert Teaches Financial Terms & Formulas

 

Financial Terms - Money Investing EducationDo you want to win at wealth, but find all of that financial lingo confusing? Then you should learn the glossary of money words from wealthy real estate investor Rob Rowsell. Sit under Rob’s learning tree! Find out how to make smart investments with your money by applying these financial terms and formulas.

Financial Terms You Should Know For Wealth Wins

Rob jumps right in by explaining a few key financial terms every investor should know. Then, he outlines his wealth glossary. The definitions, as well as a few useful formulas, are outlined below.

Your Net Worth Defined

When we simply put it on paper, your Net Worth is the sum of all the things you own, minus everything you owe. What is the net worth formula, then? Your assets minus your liabilities equal your net worth.

Income: Active And Passive Categories

Rob groups Income into just two main categories: Active Income and Passive Income. He defines each of them as follows:

What Does Active Income Mean?

W2 Income, 1099 Income, and Active Business Income are three specific types of Active Income. Basically, if you work directly in order to earn that money, we classify it as Active Income.

Passive Income Defined

Rob then defines the category of Passive Income. That means money that you earn, even though you did not directly work for it. If you received Capital Gains income from the sale of one of your real estate assets, that is one example. Appreciation of one of your assets will also count as falling in the passive income category.

What Is Passive Residual Income?

Some property investment experts refer to this income category as Horizontal Income. Passive Residual Income could possibly refer to your dividends earned from investments, the rent paid from your properties’ tenants, or royalties you have earned from your own Intellectual Property. Regardless of where the money came from, this can be an outstanding income source. Everyone should seek it out, since it is literally mailbox money that arrives regularly in your bank account.

Financial Terms Continued: Vitality Factor

Rob then fills us in on a financial formula he calls the Vitality Factor. This calculation is hugely important to know if you really want to understand the nuances of the financial world. A specific formula must be used in order to arrive at your Vitality Factor. You must add your own Personal Expenses to your Deductible Business Expenses. These factors will add up together to produce your TRUE Cost of Living, before you subtract your taxes and your charity contributions.

An example of deductible business expenses Rob has written off in the past is auto repair. Years ago, when Rob owned several independent auto repair shop locations, he could write off his own automotive repair expenses. That is to say, if he had to get his oil changed or install new tires, it counted as a write-off when one of his shops performed the task. However, he sold all of the automotive shop businesses, so those expenses are solely personal ones. He can no longer write off those expenses.

How Do You Calculate The Horizontal Income Score?

We talked about the concept Passive Residual Income earlier, which is also called Horizontal Income. The Horizontal Income Score is a formula that we use to best measure your ability over time to convert your Net Worth to your ultimate goal, Horizontal Income. When you divide your Horizontal Income amount by your Net Worth, then you will arrive on your Horizontal Income Score.

Do you want an example? Here it goes. Let’s say that you currently have a Horizontal Income that adds up to exactly $100,000. Your Net Worth, on the other hand, is an even $1 Million. When you divide those numbers, you will then arrive at a score of 10. That is a great score. In fact, it is twice the average score! The higher the number the Horizontal Income Score totals up to, the better. Remember this: if you do your homework and you exercise your advantages, then you will reach your ultimate retirement scenario, which is Passive Residual Income.

What Is The Nest Egg Theory? Financial Terms Part 1 Concluded

Rob talks about the Nest Egg Theory a lot in his videos. This financial approach powers the most common retirement plan that people subscribe to. This defines freedom as a number, specifically a big bag of money that we are filling up via our 401k’s and other conventional retirement plans. Rob reminds us that there is a very real fear hiding behind this theory. What if we live long enough that the money will run out, and then we will have to return to the work force and earn w2 Active Income in our old age. This is why we should work over time in order to invest our Active Income gains into sources that will generate passive mailbox money in our twilight years.

Join Our Financial Discussion Community

Do you own multi-family rental properties? If not, do you aspire to do so one day? Then you should definitely consider joining our online discussion group, the ATL Inner Circle Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It is not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate. A successful guide in your corner like Rob is a must have! Sign up today!

26
Jan, 2024

Max Your Wealth! A Rich Investor’s Secret To Reduce Tax Drag

Wealthy Real Estate Investor Rob Rowsell teaches his secrets on how you can reduce tax drag. Maximize your investments and avoid tax losses the way rich real estate investors do. Learn the secrets in part 2 of this 2 part series!

Reduce Tax Drag - How Investors Can Cut Taxes to Save MoneyReduce Tax Drag On Your Investments Today

After wrapping up Part One of the Reduce Tax Drag series, Rob segued into the next two tips.

Set Up An LLC And Pay With Pre-Tax Dollars

Rob introduced the idea of Paying with Pre-Tax Dollars. This means you should push all legitimate business expenses to your business. This way, you will get an automatic discount. Business owners need to set up an LLC in order to run those expenses. When you’re a W2 employee, you pay taxes at the end of the year, and hopefully get a return from the government. LLC business owners can take out expenses on a lesser number. This means getting money back for deductions like fuel and your office utility bills. Robert Kiyosaki details this in his bestselling book Rich Dad Poor Dad.

Plan BEFORE You Play So You Can Reduce Tax Drag

As Rob has stressed many times over, you must Plan BEFORE You Play. Meet regularly with your tax strategist or CPA, so they are in the loop about your investment plans. Make sure your accountant knows your strategy in advance, so they can fill you in on the potential tax impact. This isn’t always fun, but the pain in order to potentially save and invest $50,000 instead of paying it in taxes is worth it.

Join Our Community

Do you own multi-family properties? If not, do you aspire to one day? Then you should consider joining our online discussion group, the ATL Inner Circle Community! Each month, Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not as easy as it looks! Property taxes, liens, and legal fees can all be hard to navigate, so having a successful guide in your corner like Rob is a must! Sign up today!

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