Truly Passive Income

Truly Passive LLC

Are you ready to build true wealth and financial independence for your family and live life exactly as you've always wanted? Each week, tune in to Truly Passive Income, as Neil Henderson and Clint Harris interview guests who are experts in using passive investing to achieve financial and location independence, design more meaningful and intentional lives, and make a positive impact on the world. If you're seeking freedom from the grind of trading your time for money and want to prioritize what truly matters in life, this podcast is for you.

  1. Harnessing AI for Lead Generation: A Conversation with Coach Carroll

    2D AGO

    Harnessing AI for Lead Generation: A Conversation with Coach Carroll

    The primary challenge confronting small business owners today lies not in operational inefficiencies but in a profound deficiency of brand presence and top-of-funnel awareness. In our discourse with DJ Carroll, also known as Coach Carroll, we delve into the intricacies of "Signal Optimization" strategies vital for thriving in the contemporary marketplace. DJ elucidates how his innovative AI platform, Alli, transcends conventional chatbots by functioning as an integral team member adept at managing inbound communications and identifying anonymous website visitors. This episode serves as an essential guide for entrepreneurs in various sectors, including insurance and real estate, seeking to harness generative AI to streamline sales operations while maintaining the critical human element of engagement. We urge listeners to eradicate excuses and embrace the "infinite intelligence" available to them, empowering them to outpace their competition. In an era marked by unprecedented connectivity, the podcast underscored the imperative for businesses to amplify their brand presence. DJ Carroll, widely recognized as Coach Carroll, shared his extensive experience as a seasoned entrepreneur and the architect behind Alli, a groundbreaking AI platform designed to assist small business owners in capturing leads and optimizing their marketing strategies. The conversation revealed that many business owners mistakenly perceive operational challenges as the root of their struggles, while the true impediment lies in their lack of visibility within the market. Carroll's insights highlighted the necessity for entrepreneurs to embrace modern marketing techniques and AI innovations, which can facilitate a more efficient and effective outreach to potential clients. The discussion further examined the nuances of transitioning from traditional marketing methods to a more dynamic engagement through AI, illustrating how Ali not only manages customer interactions but also enhances the overall consumer experience. The episode serves as a clarion call for business owners to recognize and seize the opportunities presented by technological advancements, thereby obliterating competition and fostering growth. Takeaways: The most significant challenge for small business owners is insufficient brand presence and awareness.Utilizing AI, such as the platform Alli, can enhance lead capture and ensure no opportunity is missed.Fostering a strong online brand is crucial in today's competitive business landscape.To succeed, small businesses must embrace innovative marketing strategies and adopt generative AI technologies. Links referenced in this episode: HireAlli.comcoachcarroll.com

    34 min
  2. The BRRRR Method Explained: Strategies for Successful Real Estate Investing

    FEB 2

    The BRRRR Method Explained: Strategies for Successful Real Estate Investing

    Clint Harris and Neil Henderson engage in a profound discourse with Joel Kraut, a distinguished figure in the realm of real estate investing and lending, focusing predominantly on the intricate dynamics of passive income. Central to this enlightening exchange is the exploration of the BRRRR (Buy, Renovate, Rent, Refinance, Repeat) method, alongside a meticulous examination of the evolution of lending practices, which underscores the necessity for preparation and strategy within the landscape of real estate investment. Joel delineates the paramount importance of cultivating relationships in the industry, asserting that such relational capital transcends the mere transactional nature of real estate, proving invaluable across various market cycles. With an emphasis on adaptability and flexibility, he imparts insights drawn from his extensive experience, particularly in navigating the current market challenges, thereby illuminating pathways for sustained success. This episode serves as a clarion call for investors to remain vigilant and prepared, ensuring that they can adeptly respond to the ever-evolving demands of the real estate market. The discourse between Clint Harris and Neil Henderson with Joel Kraut, an esteemed real estate investor and lender, delves into the intricate realm of passive income generation through real estate investments. Joel articulates the pressing relevance of establishing strategic partnerships and the criticality of preparation in the ever-evolving landscape of lending practices. The conversation navigates through the BRRRR method—Buy, Rehab, Rent, Refinance, Repeat—highlighting its efficacy in maximizing cash flow and equity. Moreover, Joel expounds upon the current market challenges, emphasizing the necessity for adaptability and the cultivation of robust relationships within the industry to weather cyclical downturns. Through his extensive experience, he illustrates that the true essence of real estate investment transcends mere property transactions; it is fundamentally about nurturing relationships that propel success across varying economic climates. Takeaways: The significance of relationship capital in real estate investing cannot be overstated, as it often proves more valuable than the properties themselves.Flexibility and adaptability are crucial traits for navigating the ever-changing landscape of real estate investment and lending practices.Preparation and strategic planning are essential components of successful real estate investment, especially when utilizing methods such as the BRRRR strategy.The current lending environment is challenging, with fluctuating interest rates and property values necessitating a thoughtful approach to financing.Investors must be cognizant of their exit strategies and ensure they have multiple options prepared prior to committing to any investment.The evolution of lending practices reflects a broader trend in the market, emphasizing the importance of understanding both the financial and relational aspects of real estate. Links referenced in this episode: brrrr.com

    51 min
  3. Harnessing AI: Dr. Mark Allen's Journey from Medicine to Innovation

    JAN 26

    Harnessing AI: Dr. Mark Allen's Journey from Medicine to Innovation

    Dr. Mark Allen, a physician who has successfully transitioned into the realm of artificial intelligence entrepreneurship, elucidates the profound potential of AI as a transformative force across diverse domains, particularly in healthcare and real estate. His journey commenced with pioneering AI systems that enhanced clinical decision-making for doctors, ultimately demonstrating that AI can serve as a scalable workforce rather than merely a tool. Currently at the helm of HeroForge.ai, Dr. Allen imparts his expertise to high-income professionals, guiding them in leveraging AI to optimize their business operations and enhance their quality of life. Throughout our discussion, he underscores the necessity of adaptability in this rapidly evolving technological landscape, offering pragmatic strategies for integrating AI into everyday routines. This episode encapsulates the imperative of embracing AI to unlock unprecedented opportunities for personal and professional advancement. Takeaways: Dr. Mark Allen illustrates the transformative potential of AI, emphasizing that it serves not merely as a tool but as a scalable workforce, thereby revolutionizing industries such as healthcare and real estate.Through his venture, HeroForge.ai, Dr. Allen endeavors to educate high-income professionals on harnessing AI's capabilities to enhance their business operations and elevate their personal lives.The discussion underscores the necessity for individuals and businesses to adapt swiftly to the rapid advancements in AI technology to unlock unprecedented opportunities for growth and efficiency.Dr. Allen elaborates on his journey from medicine to AI entrepreneurship, highlighting his commitment to making a positive impact on healthcare through innovative software solutions.Listeners are encouraged to adopt a proactive approach to integrating AI into their daily routines, as this can significantly enhance productivity and decision-making processes across various domains.The conversation culminates with practical advice on leveraging AI technologies effectively, advocating for continuous learning and adaptation in an ever-evolving technological landscape. Links referenced in this episode: heroforge AIclinical trials.govAI Daily Brief

    1h 1m
  4. Unlocking Time, Wealth, And Purposeful Living With Brian Herriot

    12/29/2025

    Unlocking Time, Wealth, And Purposeful Living With Brian Herriot

    Most people chase wealth for decades before realizing what they really want is control of their time. In this episode, Brian Herriot breaks down the mindset and mechanics behind designing life around seasonal work, meaningful rest, and purposeful income. He shares how flexible work, passive incom,e and lifestyle planning can completely redefine financial freedom long before traditional retirement. Press play to learn how to start reclaiming your time today. Key takeaways to listen for [06:12] The moment Brian realized time could matter more than full financial independence[12:26] Why extended rest unlocks emotional clarity, creativity, and long-term focus[14:12] How pairing flexible income with investment income accelerates freedom[14:12] What the time freedom formula is and why it changes the traditional retirement model[19:23] The three money personalities and how they drive financial choices Resources mentioned in this episode [15:36] Time Freedom Calculator [25:05] Write a Must-Read by AJ Harper | Kindle, Paperback, and Hardcover[32:06] The Psychology of Money by Morgan Housel | Kindle, Paperback, and Hardcover About Brian Herriot Brian is a financial advisor, entrepreneur, and author who teaches people how to build lives defined by time freedom, not burnout. After creating multiple income streams and taking a six-month sabbatical in 2023, he developed the Time Freedom Formula, a framework that helps entrepreneurs combine flexible work with investment income to create autonomy long before traditional retirement. Through his coaching, writing, and upcoming book, Brian helps others understand their money personalities, strengthen their financial foundation, and design work that aligns with the life they want. He now spends summers at a cabin in northern Wisconsin, living the seasonal lifestyle he helps others achieve. Connect with Brian Website: Time FreedomLinkedIn: Brian Herriot Follow Us On Social MediaYouTube: Truly Passive Income TikTok: @trulypassiveincome Instagram: @truly_passive_income Facebook: Truly Passive Twitter: @trulypassive Download Our FREE Passive Investor ToolkitEverything you need to get started in passive investing - Download Here

    29 min
  5. The Wealth Secrets Doctors Were Never Taught with Tod Stillson

    12/22/2025

    The Wealth Secrets Doctors Were Never Taught with Tod Stillson

    What if a major driver of physician burnout isn’t medicine itself, but the way doctors earn and structure their careers? In this episode, Dr Tod Stillson breaks down why high income rarely becomes real wealth and how micro corporations restore autonomy and tax efficiency. You will learn simple steps physicians can take to protect their time, income, and future. Press play to discover how doctors can build freedom on their own terms. Key takeaways to listen for [07:24] Why most physicians lose autonomy and how a micro corporation gives it back[08:30] The simple structure behind a physician micro corporation and why it changes everything[09:45] How shifting from an employee mindset to a business owner mindset transforms long-term wealth[13:12] The S Corp tax advantages doctors overlook but can save thousands each year[17:41] The hidden reason high-earning doctors still struggle to build real wealth Resources mentioned in this episode [35:24] The Go-Giver by Bob Burg and John David Mann | Kindle, Hardcover , and Paperback About Tod Stillson, MD Dr Tod is a family physician and entrepreneur with more than 30 years of clinical experience and 15 years operating as an independent contractor. After seeing how often physicians lose autonomy, face burnout, and struggle to build real wealth, he founded the Physician Entrepreneur Academy to teach doctors financial literacy, business strategy, and the power of micro corporations. Through Simply MD, his coaching platform and educational blog, he helps physicians reclaim agency, reduce taxes, and turn their high income into long-term freedom. Today, he mentors doctors across the country on building employment-light careers, creating passive income, and designing a life they love. Connect with Dr. Tod Website: SimpliMD LinkedIn: Dr Tod Stillson Email: Tod@simplimd.com  Follow Us On Social MediaYouTube: Truly Passive Income TikTok: @trulypassiveincome Instagram: @truly_passive_income Facebook: Truly Passive Twitter: @trulypassive Download Our FREE Passive Investor ToolkitEverything you need to get started in passive investing - Download Here

    33 min
  6. Risk-Managed Investing And Faster Value Creation With Justin Spillers

    12/15/2025

    Risk-Managed Investing And Faster Value Creation With Justin Spillers

    Ready to discover how real estate investors protect their capital while still earning strong passive returns? In this episode, Justin Spillers breaks down the strategy behind his preferred equity fund and the system that helped him scale to 600 units with precision and speed. He shares how disciplined underwriting, vertical integration, and tax-advantaged distributions give investors real stability in a shifting market. Press play to learn how this approach creates passive income built to last. Key takeaways to listen for [05:01] How Justin jumped from law to 600+ units using a simple, repeatable strategy[13:24] The clearest breakdown of preferred vs. common equity and why investors should care[15:06] How SDIRAs can invest in his fund without triggering extra taxes or headaches[18:24] Why he builds every deal with “protection first, performance second” at the core[33:00] The vertical integration system that turns units in 7 days and speeds up value creation Resources mentioned in this episode [06:50] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback[38:40] Alex Hormozi About Justin Spillers Justin is a real estate investor and licensed Ohio attorney with a background in business and real estate law. He has advised hundreds of companies, scaled multiple startups to eight-figure assets, and managed more than $30M in real estate holdings. As the co-founder of Real Estate Alpha, Justin oversees a fast-growing multifamily portfolio and leads a preferred equity fund focused on stable, tax-efficient passive income for accredited investors. Connect with Justin Website: Real Estate Alpha LinkedIn: Justin Spillers Email: jspillers@bsfdevelopment.com  Follow Us On Social MediaYouTube: Truly Passive Income TikTok: @trulypassiveincome Instagram: @truly_passive_income Facebook: Truly Passive Twitter: @trulypassive Download Our FREE Passive Investor ToolkitEverything you need to get started in passive investing - Download Here

    35 min
  7. How To Turn Investor Leads Into Capital With Lauren Brychell

    12/08/2025

    How To Turn Investor Leads Into Capital With Lauren Brychell

    Drowning in investor leads but still struggling to turn them into real capital? In this episode, capital raiser Lauren Brychell breaks down how to move beyond spreadsheets and random follow-ups to a clear system that nurtures and converts passive investors. You’ll learn how to define your ideal investor, set up CRM and portal basics, and use simple nurture sequences so no serious lead slips through the cracks. Press play to learn how to raise smarter, close more commitments, and keep investors coming back. Key takeaways to listen for [05:50] Why most GPs lose investors before the first real conversation even starts[08:14] How a clear nurture sequence turns cold digital leads into committed investors[10:03] The first-call strategy that makes you stand out when prospects forget they opted in[16:21] Why your investor avatar determines your messaging, follow-up, and conversion rates[27:45] The simple call framework that gets investors talking 80 percent of the time Resources mentioned in this episode [21:11] HubSpot[21:12] InvestNext[21:27] GoHighLevel[21:32] SyndicationPro[22:23] ChatGPT[22:25] YouTube[22:47] Google [22:49] Zapier[38:06] How to Win Friends & Influence People by Dale Carnegie | Paperback and Hardcover[38:25] Who Not How by Dan Sullivan and Dr. Benjamin Hardy | Kindle, Paperback, and Hardcover[38:47] Rich Dad Poor Dad by Robert T. Kiyosaki | Kindle, Paperback, and Mass Market Paperback[38:56] The Science of Scaling by Dr. Benjamin Hardy and Blake Erickson | Kindle, Hardcover, and Mass Market Paperback About Lauren Brychell Lauren is a marketing professional turned powerhouse capital raiser who has personally raised over 75 million dollars for real estate investments. As founder of Equity Elevated Consulting, she helps general partners set up the branding, tech stack, and investor communications they need to raise capital and scale. With a background in both marketing and capital raising for a commercial firm, she now focuses on helping GPs clarify their investor avatar, organize their systems, and turn more leads into loyal investors. Lauren is also the author of Beyond the Lead, which introduces her four pillars of the capital attraction

    37 min
  8. Master Tax-Efficient Wealth and Investor Education with Whitney Elkins-Hutten

    12/01/2025

    Master Tax-Efficient Wealth and Investor Education with Whitney Elkins-Hutten

    Want wealth that lasts, not luck that fades? In this episode, Whitney Elkins-Hutten shows how to protect principal by aligning goals with your timeline and risk tolerance, using cash-flowing debt funds for stability, and keeping liquidity for taxes and capital calls. She also explains estate planning moves that safeguard heirs and why real diversification means understanding the capital stack, not just assets. Press play to learn practical steps you can use today. Key takeaways to listen for [04:18] How becoming an “accidental landlord” launched Whitney’s 20-year journey to investor education and financial freedom[08:34] Why knowing your goals, risk tolerance, and time horizon is more powerful than chasing returns[11:36] What a “plain-vanilla” debt fund actually does and how it can stabilize your portfolio[20:59] How to read the capital stack and uncover where risk truly hides in a deal[26:04] Why every investor needs liquidity rules for capital calls and peace of mind during market swings Resources mentioned in this episode [15:40] Rehab Wallet[38:06] The ONE Thing by Gary Keller andJay Papasan | Kindle, Paperback, and Hardcover About Whitney Elkins-Hutten, MPH Whitney Elkins-Hutten is the Director of Investor Education at PassiveInvesting.com and the founder of Ash Wealth. An accidental landlord turned educator, she began in 2002 with live-in flips, built a 40-unit single-family portfolio, moved into multifamily, and later became a general partner on multiple assets. A partner in $800M+ of real estate spanning multifamily, self-storage, and car washes, Whitney teaches busy high earners how to build tax-efficient, truly passive income. She’s the author of Money for Tomorrow and can be reached at passiveinvestingwithwhitney.com. Connect with Whitney Website: Ash Wealth | PassiveInvesting.comLinkedIn: Whitney Elkins-Hutten, MPHBook: Money for Tomorrow | Kindle and Hardcover Follow Us On Social MediaYouTube: Truly Passive Income TikTok: @trulypassiveincome Instagram: @truly_passive_income Facebook: Truly Passive Twitter: @trulypassive Download Our FREE Passive Investor ToolkitEverything you need to get started in passive investing - Download Here

    36 min

Trailer

5
out of 5
30 Ratings

About

Are you ready to build true wealth and financial independence for your family and live life exactly as you've always wanted? Each week, tune in to Truly Passive Income, as Neil Henderson and Clint Harris interview guests who are experts in using passive investing to achieve financial and location independence, design more meaningful and intentional lives, and make a positive impact on the world. If you're seeking freedom from the grind of trading your time for money and want to prioritize what truly matters in life, this podcast is for you.

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