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66: Create Passive Income and Reach Your Net Worth Goal with Rental Real Estate with Jasmine Sims

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If you are ready to create passive income and reach your net worth goals, this episode is for you. My client, Jasmine Sims, walks us through how she’s taking advantage of the business she’s started while still working full-time to reach her net worth goals faster. She gets real with what it means to create passive income and the step-by-step on how she got into investing in rental real estate.

Jasmine Sims is the founder of Sims + Co. Design, which creates functional and beautiful homes as a full-service interior design studio located in Charlotte, NC.

Are you ready to pay yourself a 6-figure salary and build a 7-figure wealth portfolio? My Millionaire CEO Incubator program empowers six-figure entrepreneurs to get off the cash flow hamster wheel and start making wealth-building investments in business and in life. Visit Millionaire CEO Incubator to apply for my signature 6 month profit coaching and wealth-building program!

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In this episode, you’ll learn:

  • 0:00 Creating passive income to reach your net worth goals

  • 6:21 Charging your worth and the cycle you fall into when undercharging

  • 9:19 Changing your brand to reflect the growth of your business

  • 15:15 Outsourcing to optimize your time and talents

  • 27:35 Investing in rental real estate for passive income

Click here to listen to this week's episode!

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I’m Sarah Young - a CPA, Virtual CFO, and the Owner of Young + Co! I have over a decade of experience in helping entrepreneurs scale their businesses and build wealth at the 6- and 7-figure levels, and I started the Profit + Prosper podcast to help you do the same. Profit + Prosper is a business finance podcast created to help entrepreneurs build their wealth in a way that’s fun and empowering. This is NOT a boring numbers podcast - I share tactical tips to increase your profit so you can truly prosper in your business and in life. I hope you’ll subscribe so we can Profit + Prosper together!

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