Discover the Magic of Passive Income with Kathy Jang
05/15/22 • 27 min
Kathy's goal is to enable busy professionals to gain greater control of their time by achieving financial freedom through investing in multifamily real estate. The creation of passive income streams allows investors to untie their earnings from their most precious resource - time. Meaningfully, Kathy's vision is to accomplish this while also creating an impact and serving the communities in which she is invested.
[00:01 - 07:18] The Jump into Real Estate Investing
- Kathy shares how she got into real estate investing and syndication
- From not understanding syndication to becoming successful
[07:19 - 21:54] The Way to Achieving a Meaningful Life
- When you step out of the regular 9 to 5, strive to keep the ball rolling.
- Being a real estate professional can be difficult because you have to balance your time between work and family.
- Kathy discovers passive income to be a much more peaceful way of life, enabling her to have a lifestyle that matches her priorities.
[21:55 - 31:16] THE FINAL FOUR
- What is the worst job you ever had?
- Flipping burgers
- What’s a book that you’ve read that’s given you a paradigm shift?
- What’s a skill or talent that you would like to learn?
- Martial arts
- What does success mean to you?
- Freedom and impact
Connect with Kathy
Linkedin: https://www.linkedin.com/in/kathyjang/
Website: https://www.diamondpointhomes.com/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
“It [passive income] has enabled me to have a lifestyle that is so much more meaningful to me and has made me that much more passionate about just educating people about it as well." - Kathy Jang
“It's about impact. It's about freedom. It's about what we can do, but not about money and not about stature.” - Yonah Weiss
Kathy's goal is to enable busy professionals to gain greater control of their time by achieving financial freedom through investing in multifamily real estate. The creation of passive income streams allows investors to untie their earnings from their most precious resource - time. Meaningfully, Kathy's vision is to accomplish this while also creating an impact and serving the communities in which she is invested.
[00:01 - 07:18] The Jump into Real Estate Investing
- Kathy shares how she got into real estate investing and syndication
- From not understanding syndication to becoming successful
[07:19 - 21:54] The Way to Achieving a Meaningful Life
- When you step out of the regular 9 to 5, strive to keep the ball rolling.
- Being a real estate professional can be difficult because you have to balance your time between work and family.
- Kathy discovers passive income to be a much more peaceful way of life, enabling her to have a lifestyle that matches her priorities.
[21:55 - 31:16] THE FINAL FOUR
- What is the worst job you ever had?
- Flipping burgers
- What’s a book that you’ve read that’s given you a paradigm shift?
- What’s a skill or talent that you would like to learn?
- Martial arts
- What does success mean to you?
- Freedom and impact
Connect with Kathy
Linkedin: https://www.linkedin.com/in/kathyjang/
Website: https://www.diamondpointhomes.com/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
“It [passive income] has enabled me to have a lifestyle that is so much more meaningful to me and has made me that much more passionate about just educating people about it as well." - Kathy Jang
“It's about impact. It's about freedom. It's about what we can do, but not about money and not about stature.” - Yonah Weiss
Previous Episode
Look at your Neighborhood and Beyond the Cap Rates with Alex Olson
Alex Olson is a senior real estate broker. In this episode, he shares his insights on real estate as a wealth-building tool. He explains that when you look at your taxes after you've taken depreciation into account, real estate can be a very effective way to lower your tax burden. Alex also discusses the importance of networking and how it can help you become successful in the real estate business.
[00:01 - 03:28] Opening Segment
- Alex shares his background in real estate and how he has been helping people find properties.
- The importance of working with a knowledgeable real estate agent to help buyers find properties
[03:29 - 14:08] The Key is Preparedness and Setting Up the Plan B
- Be prepared for a lot of stress and have a plan for what to do if things don't go as planned.
- Everybody starts off with what they want, which is often unrealistic and not in line with what the market is providing.
- Besides cap rates, factors such as cash flow, purchase price, and how much money will be put down should also be considered.
[14:09 - 22:59] Optimizing Real Estate as a Wealth-Building Tool
- Like-minded individuals can successfully invest in real estate together.
- To find properties that are good investments, it is important to have a clear understanding of the local market and what type of property is being sought.
- Alex shares the joy of seeing property progress over time and how it can build wealth without the buyer even knowing.
[23:00 - 31:16] THE FINAL FOUR
- What is the worst job you ever had?
- Castrating hogs
- What’s a book that you’ve read that’s given you a paradigm shift?
- What’s a skill or talent that you would like to learn?
- How to become a movie scriptwriter
- What does success mean to you?
- Independence from taking risks
Connect with Alex
Linkedin: www.linkedin.com/in/aolson
Website: https://www.biggerpockets.com/users/hardworkinvesto
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quotes:
“Our main focus, of course, is multifamily. Why? Because that's what everybody wants and everybody knows it does well in the market.” - Alex Olson
“It all starts with the idea, and that's it
Next Episode
Rebel Against “Typical” Results with Dale Dupree
The sales process in business is a critical aspect that may be overlooked. In this episode, my guest, Dale Dupree, stresses the importance of maintaining a consistent persona throughout the entire sales process, never deviating from the reason for the call or changing tactics abruptly. Listen closely as Dale shares advice on how to achieve success not just today, but in the long term.
[00:01 - 09:27] Changing the Paradigm for Sales Success
- Dale is known for his rebel attitude and his refusal to follow conventional sales techniques.
- Dale discusses how to be successful in sales by changing your paradigm, creating a mission and vision for yourself, and being different.
- The goal is to stand out from the competition and create a better relationship with your customers.
[09:28 - 19:31] Breaking Free from the Barriers
- We may be bought and tied down by their jobs and we need to find ways to break free and become our own people.
- It is important for people to take pride in what they do and believe in themselves, even if it is just selling coffee machines.
- If you can influence someone in a positive way, clients will likely buy from you.
[19:32 - 28:12] Rebel Against the Tradition
- In Sales Rebellion, they believe that doing sales is founded on helping and serving and that coaching is the best way to teach this skill.
- The company's philosophy is based on the idea that life is sales, and that success comes from both intrinsic and extrinsic success.
[28:13 - 35:29] THE FINAL FOUR
- What's the worst job that you ever had?
- Needing to side hustle as a landscaper
- What's a book you've read that has given you a paradigm shift?
- What is a skill or talent that you would like to learn?
- Playing sax
- What does success mean to you?
- The story people will tell about you when you’re gone
Connect with Dale
Website: https://www.thesalesrebellion.com/
Instagram: @salesrebellion
Linkedin: https://www.linkedin.com/in/copierwarrior/
LEAVE A 5-STAR REVIEW by clicking this link.
WHERE CAN I LEARN MORE?
Be sure to follow me on the below platforms:
Subscribe to the podcast on Apple, Spotify, Google, or Stitcher.
None of this could be possible without the awesome team at Buzzsprout. They make it easy to get your show listed on every major podcast platform.
Tweetable Quote:
“If we try to control ultimate success for ourselves, we're just asking for it. But if we understand that success is about re
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