Every few months we like to have a session where we have open discussion. The collective knowledge of the group is such that these open-ended discussions often produce a pile of good information. Bring your own favorite beverage or snack; and if inclined bring enough to share.
Logan and Katie will be sharing about some of their recent real estate deals including a tour of the building their business is in. How do you find deals in an inflated market? How do you juggle running a business, raising kids and all the business of life while going full steam with the real estate side hustle? Find answers to these questions and more. You might find a few members before or after meeting at a table at Outlaw Brewing.
Financial independence (FI) is a term for creating enough passive investment income to pay your bills. Creating your first $100 per month of passive income is a huge first step. Once you achieve this you are hungry for more, but investors can get bogged down in the grind of the slow build, losing sight of what they are shooting for. Whether you are within striking distance of the summit of FI, or it seems so far off it is a distant speck; making a plan can keep you on target, maintain your motivation, and shave years off your journey. Over three months we will be talking about putting together a plan and what it looks like to achieve FI. We will hear from three Bozeman investors, that have taken three very different paths all with the same destination - FINANCIAL INDEPENDANCE BABY!!!
This month we will hear from an investor that achieved FI about two years ago. He will share his journey, some principles he relies on, lessons he learned, and what it looks like from the other side.
Financial independence (FI) is a term for creating enough passive investment income to pay your bills. Creating your first $100 per month of passive income is a huge first step. Once you achieve this you are hungry for more, but investors can get bogged down in the grind of the slow build, losing sight of what they are shooting for. Whether you are within striking distance of the summit of FI, or it seems so far off it is a distant speck; making a plan can keep you on target, maintain your motivation, and shave years off your journey. Over the next three months we will be talking about putting together a plan and what it looks like to achieve FI. We will hear from three Bozeman investors, that have taken three very different paths all with the same destination - FINANCIAL INDEPENDANCE BABY!!!
Part 2: The Launch. This month you will hear from an investor that is in the midst of achieving FI this year.
Financial independence (FI) is a term for creating enough passive investment income to pay your bills. Creating your first $100 per month of passive income is a huge first step. Once you achieve this you are hungry for more, but investors can get bogged down in the grind of the slow build, losing sight of what they are shooting for. Whether you are within striking distance of the summit of FI, or it seems so far off it is a distant speck; making a plan can keep you on target, maintain your motivation, and shave years off your journey. Over the next three months we will be talking about putting together a plan and what it looks like to achieve FI. We will hear from three Bozeman investors, that have taken three very different paths all with the same destination - FINANCIAL INDEPENDANCE BABY!!!
This month Part 1, Putting Together a Plan: This month you will hear from an investor that has had such success in recent investment moves, that he realized FI was within reach within years (single digits). He has been crunching numbers and working out the details of what it will look like for him. He wants to make sure the math works and that he does not reach a false summit only to realize he has further to go. He will discuss the math behind FI and the nuts and bolts of a plan.
Open discussion of investment strategies, successes, etc.
Change of topic, we will be having a developer come and talk about hotels as an investment. More info to come.
Please join us to meet Jeff Batton and Bill Stoddart of Bozeman-based HomeStake Venture Partners. Over the past few years, HSVP has carved out a unique niche in the local funding market by helping local investors to efficiently find and invest in a variety of business opportunities. Most of these investments have been structured to create ongoing investor cash flow, rather than to rely on the typical strategy of waiting for a buyout to occur to achieve liquidity and returns. As a byproduct, their approach tends to create community-friendly outcomes — kind of like the long-ago time when community banks were more active in funding business opportunities in our community.
Details to come
Adding cashflow to a property by adding a cell tower.