The Art of Passive Income

Giving Up Your 9-to-5 to Live the Good Life


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Ali Boone is the creator of Hipster Investments, lifestyle entrepreneur, business consultant, and real estate investor. Like many of us, she thought getting good grades in school and landing a dream job was the way to go about living a good life. That is until she went through all these steps, then realized there is more to life. She left her corporate 9-to-5 job as an Aerospace Engineer—despite the "dream job" status that came with it—to follow her passion for being her own boss and truly designing her lifestyle.

Ali’s real estate portfolio began with pre-construction investments in Nicaragua and then moved toward turnkey rental properties in several markets throughout the U.S. Seeing that this strategy was successful, she went on to create her company Hipster Investments, which focuses on turnkey rental properties and offers hands-on support for new investors and those going through the investing process.

Ali is the author of over 190 articles for BiggerPockets. She has been featured in FOX Business, The Motley Fool, and Personal Real Estate Investor magazine. She has sold over 200 copies of her Turnkey Rental Properties 101 eBook, and was awarded Top 100 Real Estate Investing Blogs & Websites. Her articles focus on teaching the fundamentals of successful rental property, investor psychology, and strategies to aid new investors in starting a real estate portfolio. As a keepsake, she still owns her first turnkey rental properties and is also a co-owner and landlord of local property in Venice Beach.

Listen in as they discuss:

  • Ali’s journey into real estate investing, becoming an entrepreneur, and business consultant.
  • How to overcome the societal stereotype of what success looks like.    
  • Understanding how to make real estate investing work for you.
  • The fundamentals of successful rental property.
  • Understanding your goals and crafting opportunities to reach them in a timely manner.
  • Creating a distinction between your passion and a job. 
  • Developing the courage to walk away from a sustainable 9-to-5 to do what you are passionate about.  
  • Explore the advantages of passive income and the ones that suit your lifestyle.
  • Overcoming the fear of doing something unconventional, yet intentional for a happier life.

And, more! 

There are three true currencies in life; money, time and sanity. ~Ali Boone

TIP OF THE WEEK

Mark: I found another app called, Simple Habit, it's all these meditation experts and their different voices, all different types of things. That's going to be my tip of the week as well as the free book and give a review, hipsterinvestments.com/artofpassive.

Scott: Sometimes you need to have a confidential conversation with someone, maybe you need to pass to them a credit card number or a password. So check out keychat.online, right there on the page it says 'Start a New Chat' or 'Join a Chat'. You'll just enter the code that I sent and then it's a private chat between you and I, it's a good way to pass something. Check it out!

Ali: I would love to share my first book to all of you. I made a link specifically for all of you listening. My company is Hipster Investments so go to hipsterinvestments.com/artofpassive. If you go to that link, you can get a free digital copy of the book. It sells on Amazon for 14.99, it's free for you. All I ask in return is if you like it, share it with people you think who can get value from it, and if you're so willing, leave me a book review. As a brand new author, I really need those reviews. You can also get my information; you can reach out and contact me anytime.

Isn’t it time to create passive income so you can work where you want, when you want and with whomever you want?

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The Art of Passive IncomeBy Mark Podolsky

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