Passive Income
Explore all episodes, stories, people, and quotes related to passive income.
Episodes (11)

From First Rental to Financial Freedom | Utah Investing Strategies
with Michael O'Day and Scott Clark
Michael O’Day and Scott Clark explore the transition from first-time renting to financial independence through strategic Utah real estate investments and tax leverage.

How To Make Money Off Empty Space In Your Home Or Business - Conversation with Neighbor CEO
with Joseph Woodbury
Neighbor CEO Joseph Woodbury shares how homeowners can monetize unused space to achieve financial stability and build stronger neighborhood bonds.

Forecasting The Utah Real Estate Market & The Locked in Effect with SuAnne Hoffman
with SuAnne Hoffman
Industry veteran SuAnne Hoffman explores the 'locked-in effect' and why Utah's real estate recovery is a long-term journey for buyers and builders alike.

Advice From A Top 500 Realtor - Angel Gutierrez
with Angel Gutierrez
Utah Realtor Angel Gutierrez explores the journey from Mexico City to real estate success, focusing on building wealth through long-term property control.

Showing up, Working Hard, Seeing Results. Interview with Sawyer Porterfield
with Sawyer Porterfield
Sawyer Porterfield explores how a family legacy of grit and real estate investment shaped his approach to helping clients build wealth through property.

Getting Started In Real Estate Investing - Interview with Kenya Arnett
with Kenya Arnett
Kenya Arnett shares her journey from a stressed W-2 employee to owning nine properties, offering a blueprint for building generational wealth.

"Sell With Jenelle"
with Jenelle Mccolm
Realtor Jenelle Mccolm shares her journey from social media marketing to real estate, emphasizing the power of personal branding and long-term wealth building.

Whats UP With This Housing Market?
with Terry Bailey
Terry Bailey explores the path to financial freedom through real estate, offering clarity on market myths and the 'Big Four' benefits of property ownership.

Grinding To Success With Jimmy Rex
with Jimmy Rex
Jimmy Rex reveals the grit behind his transformation from a meat salesman $120k in debt to Utah's top-performing real estate investor and mentor.

"HOUSE HACKING" with Jens Neilsen
with Jens Neilsen
Jens Neilsen joins Ryan Harding to explain how house hacking can turn a first home into a wealth-building asset, even in a competitive Utah market.

Why You Should Use A Realtor...Especially In This Market!
with Joe Willis
Realtor Joe Willis and his team discuss navigating the 2022 housing frenzy and why professional guidance is vital for first-time buyers and investors.
Stories (5)

The Million-Dollar Retirement Mission
Michael O'Day introduces his professional mission: transforming aspiring real estate investors into millionaires by building portfolios that generate $1 million in passive annual income. He emphasizes a systematic approach that can achieve this within a 15 to 30-year horizon, focusing on property identification, self-management systems, and tax savings through accelerated depreciation.
Life Lesson
Financial freedom is a result of systems and time, not luck or gambling.
Community Significance
Encourages financial independence among residents, reducing long-term reliance on social safety nets.
From Episode
From First Rental to Financial Freedom | Utah Investing Strategies
with Michael O'Day and Scott Clark

The Draper Teacher's Financial Windfall
A middle school teacher in Draper, Utah, had extra land on her lot. By listing it on Neighbor for RV and boat storage, she began earning $10,000 a year. For a teacher, this represented a massive percentage of her annual income, providing significant financial relief and stability through passive use of her property.
Life Lesson
You don't always need to work harder; sometimes you just need to utilize the assets you already own.
Community Significance
It shows how local residents can support each other's financial well-being through simple commerce.
From Episode
How To Make Money Off Empty Space In Your Home Or Business - Conversation with Neighbor CEO
with Joseph Woodbury

The Self-Employed Pension: Real Estate Investing
SuAnne explains how she recognized early on that realtors have no passive income or pensions unless they create them. She set a goal to own a specific number of units to ensure a retirement safety net. She admits she didn't want to build a massive 'empire' but focused on enough passive income to maintain her lifestyle and financial independence.
Life Lesson
Self-employed individuals must be their own retirement planners and build assets that work for them while they sleep.
Community Significance
Stable property owners contribute to the long-term economic health and rental availability of the local area.
From Episode
Forecasting The Utah Real Estate Market & The Locked in Effect with SuAnne Hoffman
with SuAnne Hoffman

The Money Odometer: A Father’s Legacy of Leverage
Jenelle explains her investment philosophy, which was inherited from her developer father. He taught her the concept of the 'money odometer'—the idea that real estate is superior to other businesses because it works for you 24/7. Unlike a franchise that requires you to physically open and close doors, real estate builds equity and generates rent even while you are away. This story highlights the importance of leveraging assets to create passive wealth.
Life Lesson
Focus on building assets that grow in value independently of your daily labor.
Community Significance
It reflects the strong culture of entrepreneurship and real estate development prevalent in Utah County.
From Episode
"Sell With Jenelle"
with Jenelle Mccolm

The Freedom Formula: Investing for Passive Income
Terry discusses his 'Work Hard Play Hard' philosophy, which is rooted in financial discipline. Rather than spending his earned income from real estate sales, he lives a simple life and reinvests his earnings into income-producing assets. He references the 'Richest Man in Babylon' philosophy of not 'eating your eggs,' but letting them hatch into more income-producing assets to achieve true freedom.
Life Lesson
Living below your means and investing the difference is the only sustainable path to 'playing hard' without financial stress.
Community Significance
Promotes a culture of wealth-building rather than debt-heavy consumerism in the local area.
From Episode
Whats UP With This Housing Market?
with Terry Bailey
People (1)
Quotes (10)

"neighbor is a nationwide peer-to-peer Self Storage Marketplace so we let people take empty space in their home or their business and rent it out for Self Storage"
Joseph Woodbury
0:41
Why It Matters
Defines the core business model that allows homeowners to turn passive assets into active income streams.
Community Relevance
Directly impacts how residents can use their private property to serve their local community's needs.

"If I put my earned income into, you know, other income producing assets then I can play with the income producing assets money... because that's going to keep coming back whether or not I show up."
Terry Bailey
4:26
Why It Matters
Explains the fundamental shift from trading time for money to building long-term wealth through real estate.
Community Relevance
Directly addresses the goal of moving from renting to owning as a form of financial freedom.

"It's an amazing trick hack to not only get started real estate investing but to subsidize your mortgage."
Jens Neilsen
4:18
Why It Matters
Highlights the financial efficiency of using rental income to cover personal living expenses.
Community Relevance
Offers a practical solution for families struggling with high monthly mortgage payments in Utah.

"At the end of the day, you want an investment that you don't have to unlock the doors at eight or nine a.m. and have to close them at 5 p.m. because real estate... it's always paying you. Your money odometer is going up every single day 24/7."
Jenelle Mccolm
7:00
Why It Matters
Provides a compelling metaphor for the passive wealth-building power of property ownership.
Community Relevance
Explains the long-term financial transformation potential of moving from rent to equity.

"this is someone moves their boat in on side of your home... and the rest of the year you're getting a direct deposit in your bank account we doing literally no work"
Joseph Woodbury
4:44
Why It Matters
Illustrates the 'passive' nature of this income, distinguishing it from high-labor side hustles like Uber or Airbnb.
Community Relevance
Shows how homeowners can supplement their mortgage payments without sacrificing their time.

"It's a whole lot better to have passive income than to maybe deal with a toilet."
Angel Gutierrez
16:03
Why It Matters
Focuses on the long-term rewards of property ownership rather than the minor, temporary inconveniences of maintenance.
Community Relevance
Reframes the 'scary' parts of homeownership (repairs) as small costs for the larger benefit of financial freedom.

"You have renters and they're paying down your principal on your behalf... there's significant tax benefits that can come into play... and of course the appreciation."
Joe Willis
30:57
Why It Matters
Summarizes the multi-pronged financial benefits of owning real estate.
Community Relevance
Educates the audience on the wealth-generating mechanics of moving from renting to owning.
Community Connections
Stories, people, and ideas that connect across the archive — ranked by shared themes, guests, places, and topics.
Related Episodes
(4)From First Rental to Financial Freedom | Utah Investing Strategies
Michael O'Day and Scott Clark
How To Make Money Off Empty Space In Your Home Or Business - Conversation with Neighbor CEO
Joseph Woodbury
Forecasting The Utah Real Estate Market & The Locked in Effect with SuAnne Hoffman
SuAnne Hoffman
Advice From A Top 500 Realtor - Angel Gutierrez
Angel Gutierrez