F R E E D O M

Posted on 14. Jan, 2010 by in Goals and Planning, Multi-Units/Apartment Buildings, Passive Income, Random Ramblings, Vacation Adventures, Videos



personal freedom

You know I’ve been doing a lot of thinking lately and a lot of reading and just a lot of wondering too. And I’ve figured out what FREEDOM means to me and I’ll share that with you but first I want to publicly thank 2 people. Both I’m sure have no idea that I’m thanking them here. :-)

First and foremost is Steph, we all know her as Tampa Steph from Flip This Wholesaler. Her and I had a little email back and forth a few days ago and she answered a question of mine openly and honestly and it actually made me think and made me admit things out loud and it also made me realize that I definitely need to do something to make this a reality NOW.

Reading Steph’s response I realized, well actually I already knew this before but didn’t share it too much and didn’t really think I had a choice either, that I don’t enjoy wholesaling as much as I enjoy my internet adventures. Like working on this blog (odd that it’s about flipping and wholesaling, huh? Actually, if you read the majority of the posts….it’s NOT!,) working on my Gay Marriage website, working on my Our Gay Lives blog, working on my BBW Dating site and working on my BBW Life blog.




I really enjoy doing all of those things and I honestly wish I could dedicate more of my time to them everyday, especially the gay marriage site because that is something that I’m very passionate about and something that definitely needs to change in this world.

I also enjoy getting the small revenue that I get from getting paid ads on my gay marriage site, adsense from all of my sites and memberships from my dating site. I’m not making huge money, but it’s nice to make some change when you don’t expect it and for doing something that you enjoy (and in most instances for doing something that is helping other people.) Obviously, if I had more time I could work on improving that income, but I don’t right now because I gotta figure out how to pay the bills *sigh*

Then on to thinking how I really enjoy and get excited about receiving my passive income from my rental property (I have a tenant that is an angel…pays be early every month. He’ll make 2 payments in a month for the next months rent payment.) And I really enjoy receiving passive income from my atm’s. That is super exciting.

When I talk about my atm’s and my rental property and my internet adventures I really don’t have anything that I don’t enjoy about those things. I mean grant it, I hate to have to evict someone, etc. but that’s once in a blue moon, it’s not a constant thing. I actually enjoy going to business owners and trying to talk them into letting me put an atm in their place. I actually enjoy visiting places in the world and taking pictures and videos and then bringing it back and adding it to my Gay Marriage site.

So what I realized from my brief back and forth with Steph is that I want to solely concentrate on accumulating passive income streams from this point forward. I don’t want to concentrate on active income activities like wholesaling or short sales or anything that requires me to be involved a great deal.

Remember I had started a direct mail campaign for apartment buildings? I’m going to go with that full force. Because that has the ability to be a huge passive income stream (definitely property management company material, don’t ya think?) I’m going to be looking at buildings with 50+ units primarily. I have spotted some with less that may be interesting, but my goal really is to first acquire a 50+ unit building.

financial freedom

Kathy is included in this goal for me PERSONALLY, because I’m tired (as is she) of her traveling for work all of the time and being away from home. It sucks. I mean once in a while no biggie, but constantly…it sucks. (Note: I love real estate investing…just not in the active income sense. Which is why I’m looking for passive income opportunities that apartment buildings can bring me. I sure hope this makes sense to SOMEONE out there!)

I mean I actually want to spend time with her and enjoy her company and do the things we want to do in life and plan how we can get there. That’s what you do when you love someone and want to be with them forever, right? You don’t want them to be away every week working so you don’t have to be near them? (Hey, maybe some people prefer that, but not I lol) And the key is I want to do all of this stuff NOW, while we’re young. Why in the hell should any person or any couple have to wait until they are retired to “enjoy life” with one another. And go on vacations and do this and do that without worrying about a boss and this and that.

Screw that. This brings me to my next person I’d like to publicly thank and that is MikePA from the flipping homes community and from The Tattooed Investor.

Mike made a post recently about taking massive action and the massive action thing isn’t really what got me as I know that taking massive action gets results as I’ve seen first hand what massive action leads to but more importantly in that post Mike said this:

“I once chased the money….now I’m in relentless pursuit of my dream life….money is just the resource used to create my life….it’s the “why’s” which truly motivate a person to action….not dollar signs….”

Now have I heard that kind of thing before? Absolutely. But for some reason today I think I was actually ready to hear it and actually RECEIVE the message, if you know what I mean?

I’ve always been stressed about money (well not always, but for the most part.) I have to make x amount of money to pay this, I have to make money for this. I tell Kathy “no we can’t go to Hibatchi’s and bowling because we can’t afford it, we’re trying to get out of debt.” Money has always been the thing that I’m working towards, but oddly enough, the money I earn has never REALLY been truly for me and my life yet? (Some of it has been i.e. rental property, atm’s, etc. but the MAJORITY is what I’m talking about here.) That money has been for other people/businesses, etc. But never for me and my life and my family. Odd huh?

Now don’t get me wrong, I am NOT saying money is not important. It’s very important in life. Try paying your mortgage with a love note :-) But what I got from MikePA today is that I’ve been totally going about this whole money thing wrong. So I thought about the why’s that he talks about and the very first why that popped into my head was Kathy and her traveling all of the time for work.

That is a major WHY in my life right now. I want to enjoy my partner and spend quality time with my partner NOW, not when we’re 60, 70, or 80 yrs. old. Now!

So when I got a shower today I figured out what Freedom meant to me and this is what I came up with (I’m sure it’s still a work in progress tho, so bare with me please:)

F- fly anywhere (week long vacations, weekend get aways, family vacations, travel is unlimited)

R- really concentrate on things that I’m interested in and passionate about like gay rights, my gay marriage site, my other online endeavours and teaching children a different way in regards to money and life (I know, I know that I’m still working on it myself, but I’m way ahead of most of the children in the world!)

E- eat anything or anywhere (buy organic, no more worrying about price tag, eat out at any restaurant whenever we choose too. No more “we can’t go there because we’re in debt.” No more dollar menu items, etc.)

E- enlighten family and friends and especially the children in my life (Andrew, Joe and Brandon) that “yes, there is a different way and look we are doing it!”

D- debt-free living (no more worries about bills. Btw, here I’m not including mortgages for rental properties and apartment complexes, etc.)

O- opportunities open and are endless. (when everything is in line in your life and you actually have the ability to SEE, amazing opportunities in all aspects of your life will come your way.)

M- more time with family and friends to spend it and enjoy it how we like.

One more thing that I liked from MikePA’s blog-

“…Life is meant to be lived, not simply endured….”

So I read Mikes post on FH.com and I read these 3 blog posts of his and for some reason today was the day it clicked. Mike, if you’re reading this though, Thanks first of all and second of all……how about that list of books that you recommend?

My FREEDOM scenario above are just some of the things that are going to start my path on how I am going to design MY life. Because after all “It’s My Life!” and I have the personal responsibility to design it the way I want it!

What is YOUR idea of freedom and the design for YOUR life?

And one more time for Steph and Mike….here’s a big

thank you

In closing…..check out “It’s My Life” by Bon Jovi.

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5 Responses to “F R E E D O M”

  1. Shae Bynes

    14. Jan, 2010

    Sounds like you’ve experienced an awesome revelation for yourself! Congratulations because that’s a really big deal. About 18 months ago I started to get clear about exactly what I wanted my life to look like and how I could best serve others and just enjoy life to the fullest.

    Even though I have things laid out…written and in pictures…AND even though I’m taking action on a daily basis…I’m working on KNOWING that it will be achieved and having COMPLETE and STEADFAST faith in it. Sometimes I waiver, but the truth is have to be steadfast and take control of your thoughts at all times which takes focus and discipline.

    Thanks for sharing, Carey.

  2. Flippin' Carey

    14. Jan, 2010

    Shae,

    Thanks so much. I am super nervous, a lil stressed, scared as well but you know what? I’m more excited than anything.

    I just got off the phone with Kathy and told her my plan. I didn’t quite share my design for my life with her yet as I told her I wanted to work on hers on her plane ride home tomorrow….but I told her that I want to dedicate all of my time and put in a huge effort into multi-units!

    She was all for it (I know she’s scared shitless tho lol but that’s what’s awesome about her, she’ll support me in whatever I want to go for in life!)

    I’m totally even giving up my part time gig to make $$$$. Which I could make really decent money with it, but do make really decent money I need to invest a lot of TIME and I’d rather invest that time and effort into MY LIFE rather than someone else’s business and life.

    How am I going to pay bills? Well I thought about. I’m thinking I will use some of my business line of credit to do that (I know, I know but NOW is the time.) I’ll also use my cashflow from my rental, atm’s and internet adventures.

    It’s gonna be tough and I know, as you pointed out, there will be times that will take a tremendous amount of focus and discipline but you know what? I have complete faith in the fact that I can do this and I WILL do this.

    I really believe, whole-heartedly, with every ounce of my being that I deserve this life that I dream of and that I will acquire it.

    I was wondering and you can say no if you want to, if things are too personal….but would you mind sharing some of the things that you got clear about in regards to exactly how you wanted your life to look?

    P.S. And as if all of this wasn’t enough…just to throw a lil more into the mix…..I have to get my wisdom teeth out this month :-)

  3. Steph

    14. Jan, 2010

    Awesome post Carey.

    I could feel your excitement and enthusiasm while I was reading, and that put a huge smile on my face. :)

    You have the “why” part figured out, and it sounds like you know the direction you want to take to achieve it- now you just have to execute. Easier said than done, I know, but figuring that stuff out is half the battle.

    I’m very excited for you, Carey.

    Give me a call if you ever want to talk more about it.

    Steph :)

  4. Shae

    15. Jan, 2010

    Hey Carey,

    I’ll happily share this with you. Would like to send via email rather than post it though. What’s your email addy?

    Again, really excited for you.

    Have a great day!

  5. Mike

    18. Jan, 2010

    Carey,
    These are the types of articles that get me pumped up….when a person “gets it”…..it’s like being handed the keys to the city….like finding the fountain of awesomeness….it’s all about the “WHY’S”…..visualize them, affirm them….connect strong emotion to them….and chase them down with a vengeance until your dream life is a reality!!! I’m so excited for you….

    Mike

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