Money Ripples Podcast

"The Passive Income Lie—And How Smart Investors Actually Make It Work"


Listen Later

Start making passive income here: https://bit.ly/452ttzK 

Is real estate really the golden ticket to time and financial freedom or is it just another trap? 

That’s what I’m unpacking today with industry veteran David Olds, a real estate investor who has transacted over half a billion dollars in closings and now runs Easy REI Closings, a business dedicated to helping real estate investors close complex deals efficiently.

If you’ve ever thought, “Real estate sounds great, but it seems like too much work,” this episode is for you. I sat down with David to dive into the real realities of investing in real estate both the good and the not-so-glamorous. With over 20 years in the trenches, David reveals how he started with zero money, flipping properties in Florida, and grew to owning 87 rental units and running a business that serves investors nationwide.

We tackle the age-old question: Can real estate truly be passive? 

David breaks down the time vs. money tradeoff that every investor faces and how your investing strategy needs to evolve as your life changes. Whether you're swinging hammers or writing checks, he explains how to navigate your role and buy back your time while still building a strong, cash-flowing portfolio.

You’ll hear how Easy REI Closings is taking the pain out of real estate transactions by handling title, paperwork, and problem-solving so investors can focus on finding deals and making money not chasing missing trust docs or fighting with title companies. Whether you're closing one property a quarter or thirty a month, David shows how crucial it is to delegate the paperwork if you're serious about scaling.

And if you’ve ever had a deal fall apart due to unforeseen title issues, David shares how nearly 50% of deals fail not because of bad negotiation, but because of back-end problems no one knows how to solve. He’s seen it all: trusts without documents, bankruptcies, missing heirs, and even foreclosures stopped in their tracks.

We also touch on the mindset and habits that separate successful real estate entrepreneurs from the rest: being coachable, ditching the lone wolf mentality, and focusing on high-value tasks. David’s personal transformation story from doing everything himself to building a team of 25 drives home why your biggest ROI comes from hiring the right help and focusing on your unique strengths.

If you’re wondering how to turn real estate into true time freedom, this episode will change how you approach investing. Whether you’re a beginner or you’ve done hundreds of deals, you’ll walk away with insights that will save you time, money, and frustration.

David's links: WebsiteL https://ezreiclosings.com/  LinkedIn: https://www.linkedin.com/in/davidoldsrei/  Facebook: https://www.facebook.com/davidoldsrealestate/  Instagram: https://www.instagram.com/davidoldsrei?igsh=ZGI4MjhyM2k1ZDZ2 

...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

711 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,767 Listeners

Wealth Formula by Buck Joffrey by Buck Joffrey

Wealth Formula by Buck Joffrey

408 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

3,857 Listeners

Get Rich Education by Real Estate Investing with Keith Weinhold

Get Rich Education

608 Listeners

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

Passive Real Estate Investing

976 Listeners

Main Street Business by Mark J Kohler and Mat Sorensen

Main Street Business

592 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,405 Listeners

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

The WealthAbility Show with Tom Wheelwright, CPA

517 Listeners

One Rental At A Time by Michael Zuber

One Rental At A Time

141 Listeners

Ken McElroy Show by Ken McElroy

Ken McElroy Show

722 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

331 Listeners

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

The Lifestyle Investor - Investing, Passive Income, Wealth

288 Listeners

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

PassivePockets: The Passive Real Estate Investing Show

137 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

842 Listeners