Build Wealth the Boring Way: Passive Income, Trust and Better Leads With Dani Lynn Robison

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Right About Now - Legendary Business Advice 30 min 3 speakers 4 chapters transcribed 1 month ago
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Dani Lynn Robison 0:00
Start small. I want to earn your trust. I want you to experience the journey of earning money passively while you're doing something else actively that you love to do. We have the liquidity fund that in 90 days, you can put your money back in and in 90 days go, Hey, you want to back out? Okay, great. You earned an interest while that was just sitting there.
Ryan Alford 0:20
You don't win by following the playbook. You win by rewriting it. 700 episodes deep with the people who actually built something real. No theory, no fluff, no shortcuts. This is Right About Now with Ryan Alford.
Chris Josephs 0:41
What's up, guys? Welcome to Write About Now. We're always talking about what matters now. We can talk about last week, we can talk about last year, we can talk about three years from now. We're not here to tell the future. We're here to advance your now. That's why we've got Denny Lynn Robinson. She is the founder of Freedom Family Investments. What's up, Denny?
Dani Lynn Robison 1:00
Hey, Ryan. It's great to be here. Thank you so much for having me on.
Chris Josephs 1:03
I'm pumped. Ready to talk some investments, some vertical integration, all the terms that us marketing nerds and business nerds love. We're going to break it down. We're going to teach some people the do's and don'ts in a lot of different angles and maybe some investment advice.
Dani Lynn Robison 1:16
Sounds great. I'm all for it.
Chris Josephs 1:18
Real estate's been interesting to talk a little bit of the headlines. I know you're on a different side of it with investments versus single family homes and stuff, but interest rates just kind of clinging, hanging on forever here to hire. Any forecast, you're in the business, even if it's on the investment side. Surely you hear banking rumors and tell what's the world on the street with interest rates and everything else as it relates to real estate.
Dani Lynn Robison 1:39
I surround myself with experts and we have a mortgage broker that they work with, Marcus and Millichap, and they sold their company and they are really big and they stay on the top of this stuff for us. We're actually refinancing a couple of properties right now. Bridge loans come in due. That's tough stuff for a lot of people right now. So I would say right now is the time to refinance if you're looking to do it because we're getting some really good deals from the banks that we're talking to.
Chris Josephs 2:02
If you're doing it now, there's not definitive hope that the rates are coming down the rest of this year.
Dani Lynn Robison 2:07
Part of it is the bridge loan. If you're watching real estate and you know what's going on, a lot of these bridge loans are coming due. We're in that boat. In the next two months, we've got two coming due. It is a time where you need to do what you have to do, but I would still choose to refinance right now as opposed to in a couple months, just based on what I'm hearing from our mortgage team.
Chris Josephs 2:24
Makes sense. Dani, let's set the table for everyone. How the hell did you get into real estate and investing? And tell us a little bit about that journey.
Dani Lynn Robison 2:31
My husband and I started off as musicians playing trumpet. We both worked at Disney. We both worked on cruise ships. That's where we met. It was this crazy story of fate. But then ultimately musicians don't get paid very well. So we decided let's go into the art auction business because I was working for them and I saw their check and I was like, bam. And it's like the entrepreneurial spirit was like ignited. We started in the art auction business and eventually I said, I want to do something else. I'm tired of traveling. Chose three industries, tried them all, insurance, mortgage, mergers and acquisitions. As soon as I hit real estate, it was done. I just fell in love. It took eight months to get there to fall in love, but we got there.
Dani Lynn Robison 3:07
Okay.
Chris Josephs 3:08
Hearing you kind of talk about that journey a little bit and the process of finding passion, there's a lot of debate sometimes. Hey, follow your passion. I say, yeah, I believe in that. I believe you should be happy and fulfilled in what you do. And that's why I loved the background, and we're going to talk about that. But I also believe this, Danny. You sure do love what you get good at.

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