Generating Steady Streams of Income with Camilla Jeffs

Join Vince with his guest Camilla Jeffs of Steady Streams Investments as she talks about her humble start to enabling steady income streams in her life. Camilla recalls that one of the biggest mistakes she made as an investor was to believe that 'all debts are bad.' As a result, they got rid of their single-family properties. If Camilla had not listened, those properties would be worth millions of dollars today. In this episode, Vince and Camilla talk about how consumer debt differs from debts you can leverage, the initial challenges to investing in bigger multifamily properties, why five million non-recourse loans are easier than car loans, and Camilla's fresh and unique take on living outside the comfort zone. There's a lot to unpack, so stay tuned and enjoy the episode!

Outline of the episode: 

●    [01:28] What woke up Camilla's appetite for real estate?

●   [04:08] A classic live-and-flippers dream for apartment complexes

●   [08:37] How to make your brain figure out ways to turn "I want's" to "I have's."

●   [12:57] Camilla's Two Big Whys in Life

●   [17:39] The hurdles in getting into the bigger multifamily deals

●   [21:42] General partners and passive investors leverage on each other

●   [25:39] 'All debt is bad,' is a severely flawed belief!

●   [30:10] Loans for large multifamily properties are easier than car loans

●   [33:12] If you passively invest early, you retire early.

●   [36:12] Camilla Jeff – on the book The Charge

Resources:

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●  Linktr.ee

●  The Charge: Activating the 10 Human Drives That Make You Feel Alive, Book by Brendon Burchard

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