I Live in a Mansion and Save $5000 Every Month!

[@johnwolf1475]

Best i had was two duplexes, had 0 rent cost, with cash flow... Just wasnt good at property management, gave them up... Big big mistake😢😢😢😢😢😢😢

[@patrickrodgers7319]

this was a great example of what's possible if you just keep tabs on spending and lifestyle wants.

[@VIPFinancialEd]

I'm glad you picked up on that Patrick. Thanks for checking out our channel.

[@miltonromero5533]

Hello Matt really good video, this confirm my previous idea of renting in the future than own where I live. Thank you guys

[@VIPFinancialEd]

Thanks Milton! Do you currently own where you live?

[@miltonromero5533]

VIPFinancialEd Hey Matt I bough my house last year so we have less than one year of mortgage, we took it at 30 years, but after I start to watched you guys I ran to paid the principal Lol. In my CFC on of May goal is paid the house hopefully in 6 years with your your coaching. We will see you in October or sooner. Thanks for answered.

[@VIPFinancialEd]

Love it! Really looking forward to speaking with you when you're ready - it sounds like you're very serious about making positive strides with your finance and I love it my friend - keep it up!!

[@kdessinger]

Matt, these video have been absolute GOLD! This is the exact knowledge I've been searching for. Well more like the exact system I need to implement. I've had the knowledge but not the tract to run on. I hope to be one of your students soon.

[@VIPFinancialEd]

Glad you're enjoying the videos! Looking forward to talking with you when you're ready to sign up for the coaching!

[@debramclane829]

Debra Mclane Want to do this too. I am working on this.

[@N0body247]

This is the video i was waiting for... So does having your office in your home Cause a lease issue? I know some places have it as a no no.. Wasnt sure if they know about your business and are ok with it or if your flying under the radar by just omitting to tell them? Other than that question great video.

[@VIPFinancialEd]

This property is a major advocate of young entrepreneurs and supports all business owners who live here using the space for business. Great point, Raver, and luckily no lease issues here.

[@N0body247]

Thats awesome, I wish we had some place like that here i would totally move there.

[@SopranoJessi]

In Las Vegas, there are buildings called "LoftWorks" which is a business space with a loft above attached to live in🤔

[@michaelswidowich8135]

So looks like you were paying an expense of ~$3625 for an office space that you converted to ~$1445 in rent (which is now mixed use) ? If the office space was in the suburbs, I would think the new space in prime location would be more costly......how did you negotiate this drastically reduced expense ? Thanks

[@VIPFinancialEd]

It's all about finding the right place for your needs. This property is a major advocate of young entrepreneurs and supports all business owners who live here using the space for business. I save the office expense because I am able to utilize free office space in the property I live, again it goes back to finding the right place to fit your needs.

[@SopranoJessi]

I wonder how your outlook would change with children and a wife in the picture lol aside from that- you're a freaking GENIUS!!🤯 it's why I love learning from you! And that spreadsheet is amazing!!! I am using it every month!

[@backfive6231]

SopranoJessi haha well, I’m ‘fixed’ so no kids possible, but considering my better half KellyAnne and I met in the building and now live together, we share the game plan. :) Thanks so much for your viewership,...stay tuned for even better on the way, friend.

[@flamencomagick3260]

Well, My Cousin’s husband was fixed btw & now they have a teenage daughter.They both thought it was impossible but, it did happen.

[@paulashortridge4750]

Nice place Matthew!

[@VIPFinancialEd]

Thanks Paula!

[@JaMarrJ]

I love the mindset, it's all about the perspective. I'm from NYC, out here in LA now and I love living near the Grove because I have the best of both worlds. I have a bungalow still apartment with a patio, 50 ft from the pool and hot tub and we have an onsite theater, activities room and gym (extra charges here) Also I have a new equinox being built out on Wilshire and Curson so it will be primo for growing my practice with new high networth clients while getting fit in walking distance to my home office. Would love to have a consultation with you and see how we can create some synergy?

[@VIPFinancialEd]

That sounds very cool and creative, JaMarr. Freedom to live exactly the way you want.

[@VIPFinancialEd]

Go ahead and jump on the calendar and I'll be sure to provide your coaching session myself. www.FreeCoachingCalendar.com

[@WinstonKnows]

JaMarr John Johnson I’m reading this as I am at Verve Coffee on 3rd and Laurel.

[@subapellido2332]

I can't believe you dont have more subscribers !! i'll be back

[@VIPFinancialEd]

Great! Thanks for checking out our channel, Sub.

[@jeffminnesota7376]

Totally understand living close to work. Myself live small town and drive only 6000 miles a yr on car.....cars cost per mile and less you use more you keep cost down.... Nice place and no commute is more time for you....

[@VIPFinancialEd]

Good stuff, Jeff.

[@platinumelite7760]

Wow, thank you for sharing! I know this is an older video but it's still so very relevant. Although we may have some time to consider this option since we are a multi-generational family (children & parents living with us), it definitely gives us something to really think about in the years ahead.

[@VIPFinancialEd]

C&J Properties, thanks for sharing. That's an interesting thought with the multi-generational family.

[@platinumelite7760]

VIPFinancialEd just added grandkids to that dynamic; more reason to put these principles into place sooner than later.

[@michaelrichardson69]

r you guys still giving free coaching?

[@VIPFinancialEd]

Yes, but as always, limited availability. www.FreeCoachingCalendar.com

[@issambya3485]

Hope to see more good videos like that ;) good video

[@VIPFinancialEd]

Thank you!

[@layladundalli4627]

Great video. Really motivating, but a little confused if you are an advocate of real estate.

[@johnathanwilliams3345]

Layla Dundalli Good question Layla, but it's still a great chess move if he was able to decrease his outflow by $5,000. He still owns the property he moved from. It actually provides more flexibility to purchase the next property. 😎

[@backfive6231]

J. Patrick you got it!

[@susanbollow8012]

Where in Denver is that? I recognize the clubhouse.

[@VIPFinancialEd]

This property is across the street from Coors Field and Union Station.

[@jerrynix5206]

What are your thoughts on filing bankruptcy?

[@VIPFinancialEd]

It really depends on your specific situation. I'd love to chat with you about your situation and we can come up with a plan that makes sense for you and your goals. Head over to www.FreeCoachingCalendar.com to sign up for a FREE coaching session and we can discuss then!

[@jerrynix5206]

VIPFinancialEd thank you for the offer, I currently do not have Skype so I will get that set up and schedule a call with you, thanks again!

[@VIPFinancialEd]

We typically do calls over the phone, so once you get a session scheduled we will just dial the number you give us. Talk soon!

[@averageconsumer9676]

Good deal dude, in your opinion, is better rent than own? Not just for Bussiness, but for a regular person.? I learn with you guys how to manage my money and no buy more liabilities until I can afford them, your help with how to bank and how to follow my spends (Mint), help me every single day. Look forward to having a session with you guys. I am currently working on getting my 800 USD (500 cash flow + 300 VIP membership) cash flow and 750 credit score.

[@VIPFinancialEd]

For many people, yes,...renting would be a smarter financial decision than owning.

[@ZigZag9639]

How you teach people to become wealthy, can it be done worldwide? (=

[@VIPFinancialEd]

dyllen1907, that's tough to say. I hope that our channel reaches people all over the world and helps them to manage their finances in a better way. Thanks for watching.