Creating cash flow in your business is the best way to stay afloat. This is literally money you don't have to work for, but keeps coming over and over again. In this video, Chris Monroe STL and I will discuss how he's using real estate, cars, and antiques to create cash flow every single month. Check it out!
4:08 How did you get started in business?
5:37 How do you feel about wholesaling real estate?
6:25 Does it take a mindset shift?
7:23 What are some obstacles newbies face?
7:58 What’s your favorite form of creative investing?
8:55 How are you creating passive income with Turo?
10:50 What type of cash flow would you sat Turo provides?
11:55 What type of overhead are you acquiring with all of the cars?
13:58 So is this like car arbitrage income?
14:32 Do you need multiple vehicles?
16:29 Should everybody focus on cashflow?
18:37 Where should people park their cars if necessary?
19:59 Where do you get the car trackers?
20:22 Does Turo work in every area?
22:01 How does flipping furniture work?
25:57 How did you learn these businesses?
28:12 Where do you recommend people get started?
32:26 How to contact Chris Monroe
34:33 Do you think people overcomplicate business?
36:05 What are you currently reading?