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The Side Hustle and Business Show with Eric Lindsey
We will provide you with up-to-date side hustles and business tips to help you operate a successful side hustle or business. You will learn how to manage your business while working full-time or having very little time to contribute to building your business. This podcast will supply you with the roadmap that leads to financial security. We will give you step-by-step actionable tips that you can implement in your everyday life to find success through side hustles, small businesses, part-time, or even full-time endeavors.
The Side Hustle and Business Show with Eric Lindsey
Juggling a Corporate Career and Successfully Retiring Using Real Estate to a Million-Dollar Loss with Zach Zimmer ๐
In this episode, we explore the incredible journey of Zach Zimmer, who transitioned from climbing the corporate ladder ๐ข to building a life powered by passive income ๐ธ.
Even with challengesโlike losing over $1MโZach shares how a mindset shift ๐ง , smart real estate investments ๐ , and diversification strategies helped him achieve a fulfilling and abundant lifestyle.
๐ What You'll Learn:
๐ฏ How Zach climbed the corporate ladder while building a thriving rental portfolio.
๐ Using the BRRRR method to fast-track financial freedom.
๐ฉ Spotting red flags in syndication deals to avoid costly mistakes.
๐๏ธ Why protecting your time is essential for balance and success.
๐ค How contribution and coaching became Zach's new mission.
๐ Episode Highlights:
The Corporate Hamster Wheel to Passive Income ๐โก๏ธ๐ผ
Inspired by '80s Miami Vice ๐ถ๏ธ, Zach chased traditional success until real estate investing transformed his path.
His journey began with two modest homes in Akron, Ohio ๐ ๐ .
The Power of Mindset & Obsessive Focus ๐ค๐ช
Leveraging his OCD for productivity, Zach grew his career and real estate portfolio.
From Wins to Losses: Lessons Learned ๐๐
Facing fraud and syndication missteps, Zach lost over $1M in bad deals.
He shares how vetting sponsors ๐ and tapping into investor groups ๐ฅ is crucial.
The Passive Life: Giving Back ๐๐ก
Post-2019, Zach redefined his life by launching a podcast ๐๏ธ and mentoring others in real estate.
Rebuilding & Thriving in Real Estate ๐๏ธ๐
Despite losses, Zach continues to succeed with passive income streams ๐ต, private lending, and hospitality ventures.
๐ฌ Memorable Quotes:
๐ญ "How many people have the opportunity to lose a million dollars and still be out golfing on a Tuesday?"
๐ญ "Keep your money moving. Home equity is dead equity."
๐ญ "Contribution matters. Who are you helping, and how are you giving back?"
Key Takeaways for Investors:
โ
Passive income is possible while maintaining a full-time career.
โ
Learn from mistakes by carefully vetting investments and sponsors.
โ
Protect your timeโfreedom is the ultimate wealth.
๐ Resources Mentioned:
Books: Rich Dad Poor Dad ๐
Investor Groups: Left Field Investors, Passive Investor Club, 506B.
Strategies: BRRRR Method ๐ ๏ธ, Hard Money Lending ๐ณ, and Syndications ๐๏ธ.
๐ค Connect with Zach Zimmer:
๐ Website: The Passive Life
๐ฉ Email: ZachZimmer@passiveincome.com
๐ฑ Follow him on Instagram and LinkedIn for insights and updates!
๐ง Donโt Miss This Episode!
Gain valuable lessons, inspirational stories, and actionable strategies to achieve financial freedom while safeguarding your most precious assetโtime.
๐ Tune in now to join Zach on the journey to building your passive life!
#RealEstate #PassiveIncome #FinancialFreedom #Podcast ๐
Website: https://ericlindseyml.com/
Click On The Link Below To Schedule A Call With Eric:https://calendly.com/moonlightequitiesgroup/scheduled-conversation
Click On The Link Below For More Information About Eric Lindsey:
https://linktr.ee/ericlindsey