Wealth Independence Podcast
The Wealth Independence Podcast guides high-income tech professionals through proven strategies for building passive income and achieving true financial independence.
Hosts Dustin Bailey and Adam Penn share battle-tested frameworks, real-world case studies, and hard-won lessons from their years of experience in private markets and alternative investments. Each week, they break down complex investment concepts, analyze current market trends, and interview successful investors and industry experts.
Through a freedom-first approach that emphasizes passive income, smart diversification, and thorough due diligence, learn how to shorten your learning curve and avoid common pitfalls on their path to financial independence.
Whether you're looking to understand private placements, real estate fundamentals, or alternative investment opportunities, Wealth Independence delivers actionable insights that help busy professionals make informed investment decisions.
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Wealth Independence Podcast
v2.2 - From Dry Cleaning to Real Estate Freedom (ft. Ian Noble)
What happens after you sell a 14-store business with 90 employees? Ian Noble joins Adam and Dustin to share his journey from dry cleaning entrepreneur to passive real estate investor, revealing the emotional identity shift after exiting a business, and explaining how his business background shaped his approach to evaluating passive investment opportunities.
Dustin and Adam explore Ian's dual investment strategy: combining steady cash flow from private lending with equity upside through mobile home parks. Ian explains why interest rate concerns shouldn’t keep investors waiting, how passive investing delivered tax benefits after his exit, and the questions every investor should ask sponsors before writing a check.
Learn why Ian prioritizes cash flow over appreciation, how asking about sponsor failures reveals character, and his perspective on spreading investments between stocks and real estate market as returns normalize after years of exceptional gains.
Episode Release Notes & Resources:
- Free Passive Investing in Real Estate Cheat Sheet: https://go.runsteadyinvestments.com/wealth-independence-podcast
- Join Ian’s Passive Investor Mailing List: runsteadyinvestments.com/investor-club
- Ian’s LinkedIn: www.linkedin.com/in/iannoble1/
- Ian’s Instagram: @ian_invests
Watch episode on YouTube: https://www.youtube.com/watch?v=0EKh7WDCy2M
See all Wealth Independence episodes at https://www.wealthindependencepod.com
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This show is for informational purposes only and is not financial, investment, legal, or tax advice, and does not constitute an offer to buy or sell securities. All investments carry risk, and investors should always conduct thorough due diligence and consult with qualified professionals before investing.