Money Ripples Podcast

How This Hollywood Man Grew His Passive Income Despite Lockdowns | 560


Listen Later

In today’s episode, I am joined by a good friend from Hollywood, Louis Visco. Louis has spent the last 25 years of his life working in film and TV. He made a huge shift in his life right before the pandemic started and he didn’t let COVID stop him from creating passive income.  Listen now to hear it from someone who spent years at his full-time job before realizing that he needed something more than just his pension and mutual funds. Louis now has multiple rental properties out of state and is starting to generate more passive income than he thought he could!  Key Talking Points of the Episode [01:26] Get passive income from Secured Investment Corp!  [03:29] Louis’ career in Film & TV [04:16] Louis’ hobbies and interests [05:33] Why did Louis get into real estate? [06:31] Saving money through traditional strategies [07:45] How did Louis discover Money Ripples? [08:27] Louis’ income goal [10:27] Louis’ first property in California [10:55] Investing out of state [11:33] What the first time was like for Louis [12:36] Getting your feet wet [13:42] Having a change in mindset [14:32] Realizing the dangers of relying on his job [15:07] The COVID-19 wake up call [17:40] Working with good property managers [18:05] Where are Louis’ properties located? [19:00] Advice from Louis to new and aspiring investors Quotables “As much as I love my job, I realized that I have a shelf life.” “Once you buy the first asset, each success becomes easier and it’s become a game changer.” “At some point, you have to take that leap and face that fear.”  “Face your fear and take that first step, and everything will fall into place eventually.”
...more
View all episodesView all episodes
Download on the App Store

Money Ripples PodcastBy Money Ripples Podcast

  • 4.6
  • 4.6
  • 4.6
  • 4.6
  • 4.6

4.6

131 ratings


More shows like Money Ripples Podcast

View all
The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

708 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,783 Listeners

Wealth Formula by Buck Joffrey by Buck Joffrey

Wealth Formula by Buck Joffrey

406 Listeners

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business by The Rich Dad Media Network

Rich Dad Radio Show: In-Your-Face Advice on Investing, Personal Finance, & Starting a Business

3,864 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

607 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

975 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

587 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,404 Listeners

The WealthAbility Show with Tom Wheelwright, CPA by The Rich Dad Media Network

The WealthAbility Show with Tom Wheelwright, CPA

516 Listeners

One Rental At A Time by Michael Zuber

One Rental At A Time

144 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

723 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

327 Listeners

The Lifestyle Investor - Investing, Passive Income, Wealth by Justin Donald

The Lifestyle Investor - Investing, Passive Income, Wealth

290 Listeners

PassivePockets: The Passive Real Estate Investing Show by PassivePockets, Jim Pfeifer, and Left Field Investors

PassivePockets: The Passive Real Estate Investing Show

128 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

848 Listeners