money game

Need some advanced investing tips? Learn 10 ways to win at money FOREVER from successful multifamily real estate investor Rob Rowsell. Rob has learned from years of both good and bad choices how to properly invest his wealth and accrue passive residual income – the safest choice for a happy, healthy retirement.

Advanced Investing - Growing WealthAdvanced Investing Tips: 10 Winning Money Plays

Rob starts off this clip by explaining some of his best advanced investing tips. Specifically, he wants you to win the money game forever with these ten winning plays!

  1. Make the decision to be wealthy. Only you know what you’re capable of, and how motivated you are. Take inventory before deciding to grow wealth.
  2. Invest in yourself. Take time to increase both your earning ability and your financial sophistication level. Learn all you can about your Active Income job, as well as financial strategies that earn Passive and Horizontal Income.
  3. It’s not about income. It’s about surplus invested wisely over time. Remember this formula: Income – Expenses = Surplus.
  4. Harness Time. Compound interest is magic over time.
  5. Build an extraordinary company by:
    1. Intelligently investing Active Income
    2. Pay yourself tax efficiently
    3. Deliberately use Active Income to contribute to your Net Worth.
    4. Grow your company’s value. This unrealized gain is extremely tax efficient!
    5. Consider going intentionally Passive. This transitions your company into the ultimate PRI opportunity through Strategic Depth and succession plans.
  6. Bet on yourself. When you invest in your Advantages and not your weaknesses, you tilt the playing field in your favor.
  7. Avoid foolish capital losses! Trust your wealth plan. You do have one, right?
  8. Erect protective legal barriers and create sound succession plans. When storms strike, it’s too late to build your shelter, so be prepared.
  9. Build a solid wealth team! You wouldn’t run a company by yourself, so why run your Net Worth alone? Surround yourself with people more knowledgeable than you, from Financial Advisors to CPAs to Business Coaches. However, you must stay in charge at the end of the day and build Strategic Depth.
  10. Ultimately, wealth is a mental AND emotional game. To win, you must keep upgrading your Wealth Operating System.

Join Our Multifamily Investing Community Today

Do you own your own multifamily rental properties? If not, do you plan to do so one day? Then you should consider joining our online discussion group, the ATL Inner Circle Community! Each month, investing pro Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not quite 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!

There are just 3 C’s (and 1 K) to winning the money game! It all centers around properly investing your active income. This is how you build wealth through compound interest. Do you want to build a continuous wealth building machine? Learn how successful multifamily real estate investor Rob Rowsell does it, straight from Rob himself!

Wealth Through Compound Interest Explained

Money Magnet - Wealth Through Compound InterestIn order to win the money game, focus on the 3 C’s (and 1 K) outlined below:

Create

When you start your wealth building journey, your focus is on Active Income. This usually means the money that you earn through working a W2 job. While you work, you need to focus on maximizing your personal earnings. Consult with your CPA to reduce your taxes (starting an LLC is a great first step), finding your side hustle, and control your own personal expenses. When you master your side hustle, that will create surplus cash that you can use to start investing.

Compound, aka Building Wealth Through Compound Interest

The act of compounding wealth consists of buying and building assets. Over time, investing in those assets will build your wealth through compound interest. This is what we call Passive Income, or money that we don’t earn through a job. Rather, we build our fortune through the  Focus on the “doubling clock”. The earlier you start this wealth clock in your life, the more you will double your assets over time.

Keep

The “K” in this series refers to the mental shift in keeping your money. This means moving from focusing on Active and Passive Income to relying more on Passive Residual Income (PRI), which many also call Horizontal Income. At this point in your wealth journey, you should start planning your exit. Have a clear vision of what your retirement phase of life looks like.

Contemplate

Lock in the win! It’s time to play it a little more safe with your investments. However, you still need to keep your eyes on your money. Stay engaged and stay relevant. Enjoy the “compound curve” and get ready to enjoy your golden years. Remember, billionaire financial wizard Warren Buffett amassed most of his fortune after the age of 68, and he had been investing most of his adult life!

Join Our Multifamily Investing Community Today

Do you own your own multifamily rental properties? If not, do you plan to do so one day? Then you should consider joining our online financial group, the ATL Inner Circle Community! Each month, investing pro Rob Rowsell will teach you what you must do in order to build wealth in the real estate business. It’s not quite 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!

 

Rob Rowsell reviews the third act in his Winning the Money Game series. This focuses on the shift to Passive Residual Income (PRI). This involves changing your mindset and strategy for earning and investing your money.  Transitioning to exclusively PRI revenue streams is a crucial component to your financial exit strategy.

Passive Residual Income - Regular Mailbox Money!Passive Residual Income Explained

This third stage of the Money Game focuses on a transition, meaning a “mental shift”. Many of us have an aversion or fear of growing wealthy. We have all heard that “money is the root of all evil”, but did you know that saying is actually a misquote of the Bible? 1st Timothy 6:10 says For the love of money is the root of all of evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows (emphasis in bold by this blog’s author). When we put money in the proper context, we can make that shift in our mindset. Money is a tool to help us live the life God intends for us to, not a false idol.

At this stage of the Money Game, we are shifting from a combination of Active Income and Passive Income to strictly Passive Residual Income. There is a difference between Passive Income and Passive Residual Income. An example of Passive Income is buying a property, fixing it up and holding it awhile, then selling for a profit. Also, you could call that specific situation earning “Capital Gains”. PRI means regular dividends you received from an investment passively – true mailbox money!

As we transition to Passive Residual Income, we need to plan our exit. How and when will we achieve financial freedom? This means no longer being dependent on a job or passive income investment to pay the bills. It also does not refer to the “bag of money” you’ve been saving from your career for retirement. We want a regular check arriving in the mail that will outlast that 401k, and give us the freedom to live comfortably and help others.

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!