BTM199: Turo, Taxes and Tenants for Passive Income with Jeff Badu
On today’s show, Jeff Badu, real estate investor and entrepreneur joins us to discuss all things business and passive income.
After quitting an unfulfilling corporate job as a Big 4 accountant, Jeff started renting his personal car for $1,000 to aide in the growth of his upstart tax business. Through this process Jeff quickly realized the power of passive income and grew the car rental fleet to produce an automated 6-figure business before fully focusing on building out his tax business. His segue into real estate came as a desire for more passive income and to restore underserved communities.
Today this serial entrepreneur has acquired over 100 units of residential and commercial real estate and sits with Daray to discuss life as a former employee turned business owner.
Links Mentioned in Today’s Episode:
Recommended Book:
Rich Dad, Poor Dad
Lifestyle Design App:
BTM112: Real Estate Way to Wealth And Freedom
Daray is a successful Real Estate Entrepreneur and Business Coach. He mentors overwhelmed and unfulfilled employees in the professional world through the process of creating and building a lifestyle business through real estate investing so that they can escape the rat race and live a life of their design.
While simultaneously growing his passive income portfolio of real estate assets and business accolades, he’s channeled his burning desire to help others by urging a change in their beliefs about who they are and what type of lifestyle they’re able to achieve with the right mindset, focus, and leverage.
When Daray isn’t working, he can be found traveling, trying new cuisines, volunteering at Start of Hope and on his social media platform of choice Instagram.
Key Points From This Episode:
- Trading your time for dollars vs. trading your value for dollars
- Burning out working a 9-5 for a Big 4 accounting firm
- Pursuing your true passions and talents
- House hacking a 4-plex as your first investment
Links Mentioned in Today’s Episode:
Recommended Book:
12 Week Year
Listen to this books for free!