Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Aileen Prak

๐Ÿ‘ค Speaker
85 total appearances

Appearances Over Time

Podcast Appearances

Aussie Real Estate Podcast
We Can All Adapt And Reap

And so one of the areas that we focus on primarily are like multifamily syndications where that is like a true passive, what we call mailbox money type of investments where you're partnering with different sponsors in the market who are doing the operations.

Aussie Real Estate Podcast
We Can All Adapt And Reap

They're talking to the property managers or working with the residents.

Aussie Real Estate Podcast
We Can All Adapt And Reap

where the investors themselves are just bringing the capital they can partner on, they can enjoy the cash flow.

Aussie Real Estate Podcast
We Can All Adapt And Reap

And at the same time, at the end of the life cycle of the project, they can also enjoy the appreciation at the same time.

Aussie Real Estate Podcast
We Can All Adapt And Reap

So they're not having to deal with all the active side of things of real estate, where they can just truly focus on just getting that cash flow and just very, very hands off.

Aussie Real Estate Podcast
We Can All Adapt And Reap

Because what we've noticed now is that we're able to, the mind shift now is, you know, let's try to make our money work for us instead of us having to work for money.

Aussie Real Estate Podcast
We Can All Adapt And Reap

So instead of leaving it, you know, working and trading our time, working in a W-2,

Aussie Real Estate Podcast
We Can All Adapt And Reap

we can take the money that we've earned and saved up.

Aussie Real Estate Podcast
We Can All Adapt And Reap

And instead of letting it sit in some type of savings account where you're really, at least in the U S you're really not earning very much on it at all.

Aussie Real Estate Podcast
We Can All Adapt And Reap

You can take that money and then invest it in some type of real estate property and then, you know, enjoy the cashflow that's coming from it because they're backed by solid, stable assets, something that you can actually physically see something that you can easily touched.

Aussie Real Estate Podcast
We Can All Adapt And Reap

And that's a big mindset shift that a lot of people are looking at now that there's other ways out there.

Aussie Real Estate Podcast
We Can All Adapt And Reap

I don't necessarily have to work my full W-2 job.

Aussie Real Estate Podcast
We Can All Adapt And Reap

I can create this passive income for myself in case something happens.

Aussie Real Estate Podcast
We Can All Adapt And Reap

And so eventually, if I can create enough passive income to cover my expenses, now I'm able to achieve that financial independence.

Aussie Real Estate Podcast
We Can All Adapt And Reap

And I don't have to be dependent and reliant on just my W-2.

Aussie Real Estate Podcast
We Can All Adapt And Reap

In case something happens, I have some backup income that I can rely on.

Aussie Real Estate Podcast
We Can All Adapt And Reap

Yeah, we can invest.

Aussie Real Estate Podcast
We Can All Adapt And Reap

We can live wherever we choose to at this point in time.