131. Building Streams of Passive Income One Step at a Time with Dmitriy Fomichenko

Title: Building Streams of Passive Income One Step at a Time with Dmitriy Fomichenko

Dmitriy is the founder and president of Sense Financial, a boutique financial firm specializing in self-directed retirement accounts with checkbook control. He began his career in financial planning and real estate investing in 2000. He owns interest in several large multi-family properties in various states, as a private lender and is a licensed California Real Estate Broker. Over the years, he has taught hundreds of investment and financial planning seminars and has mentored thousands of investors.

Let's tune in to his story!

[00:01 - 05:58] Opening Segment

• Let's welcome my guest for today's show, Dmitriy Fomichenko
• What drew Dmitriy in the space and how he got in

[05:59 - 27:46] Reach your goals one step at a time

• Dmitriy shares to us about his Passive Income portfolio
• The steps Dmitriy did
• How to build a Passive Income portfolio
• Basics of Solo 401K's
• Why should business owners prefer Solo 401K
• How do you invest in Real Estate Syndications with Solo 401K?

[27:47 - 36:14] Closing Segment

• How Dmitriy feels about Passive Investing compared to Active investing
• • Goal: to be on the right side of the cashflow quadrant
• Final Words
• Connect with my guest, Dmitriy, in the links below

Tweetable Quotes

"I'm just excited and dreaming to teach others about investment." - Dmitriy Fomichenko

"I no longer speculate, I invest." - Dmitriy Fomichenko

"I think that should be everyone's goal: to become a passive investor." - Dmitriy Fomichenko

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Reach out and connect to my guest, Dmitriy, through email dmitriy@sensefinancial.com

Follow his Facebook, LinkedIn, and BiggerPockets profiles, and don't forget to check out their website, https://www.sensefinancial.com/

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