$337,000 a month!!!!!

Posted on 07. Dec, 2009 by in Passive Income, Random Ramblings, Vacation Adventures

Oh yeah baby! You read that right, $337,000 a month! That’s what I was making….last Monday that is, prior to leaving for California when playing Cashflow lol with Kathy and 2 friends of ours.

A poker bud of ours, Bob, and his wife, Colleen, invited us over to dinner to play some cashflow and talk about the ATM business. We are going to start hanging out more for sure because we’re definitely like-minded couples.

Anyway, I won the cashflow game and when it was all said and done I was making $337,000 a month…yes a MONTH! lol It really got Kathy and I psyched and honestly, it helped to make me start thinking in bigger numbers too.

It may be a pattern for myself cuz I started with mobile homes and then wanted to get into single family’s because I wanted bigger numbers and now I’m interested in multi-units because I want bigger numbers again! After the game on the drive home Kathy and I discussed buying multi-units. That was always a future plan of ours, but we decided why wait? We’re going to start looking and hopefully buying them now.

During cashflow my job was an engineer. And the thing that really popped out in my mind is that while I was an engineer making a decent salary and having lots of expenses every month I still went out and bought assets that helped push my passive income up so that it eventually was more than my expenses. So that was the take away I got and shared with Kathy…I said, “you know the whole premise of that game is to start buying these cashflowing assets while you still have all of your current expenses so that they eventually pay for them all…..not to wait until your out of debt and then buy them!”

Do you guys agree or what? I was on a mission to get out of debt (and I still am) but I shouldn’t let that distract from my main mission of accumulated tons of passive income streams, right?

I will be leaving San Francisco, CA. at about midnight tonite (we got an 8 hr. drive to the Ontario, CA. airport…don’t ask…horrible planning.) And then I’ll be home by Tuesday 10 or 11pm. I am super excited because I have a lot to share plus, I’ve missed my kitties.

On a not so exciting note…….Wednesday AM is when Operation Momma Carey kicks in lol cuz Kathy will be traveling for work and I’ll be taking care of the boys (Brandon and Joe.)

Ok be back soon.

Flippin’ Carey

Did you like this? Share it:
If you enjoyed this post, make sure you subscribe to my RSS feed!

Tags: , , ,

2 Responses to “$337,000 a month!!!!!”

  1. Scott Costello

    08. Dec, 2009

    I’ve never played that game. Is it good in terms of how games go?

  2. Flippin' Carey

    09. Dec, 2009

    Scott,

    I actually really, really like the game. It’s so educational and well it really helps you to think (at least it had me and Kathy and our 2 friends thinking afterwards.)

    It’s like a 2 to 4 hr. game. And the way it starts is you pick a profession and you get a list with your salary, expenses, how much is in your savings, etc. Then you travel around the “rat race” until you reach the point where your passive income exceeds your expenses. Then you get into what’s called the “fast track” and this is where you’re making hundreds of thousands of dollars a month….your goal there is to either buy your dream first or accumulate a monthly cash flow that is $50,000 greater than what you started the fast track with.

    I highly recommend it. Too bad you’re not in southern jersey…we could play it together sometime!

Leave a Reply


8 − eight =

CommentLuv badge