{"id":7426,"date":"2024-03-25T07:40:51","date_gmt":"2024-03-25T11:40:51","guid":{"rendered":"https:\/\/vestorpro.com\/?p=7426"},"modified":"2024-03-25T07:45:38","modified_gmt":"2024-03-25T11:45:38","slug":"residual-income-mlms-versus-real-estate-investing","status":"publish","type":"post","link":"https:\/\/vestorpro.com\/2024\/03\/25\/residual-income-mlms-versus-real-estate-investing\/","title":{"rendered":"Residual Income: MLMs Versus Real Estate Investing"},"content":{"rendered":"<p><iframe title=\"YouTube video player\" src=\"https:\/\/www.youtube.com\/embed\/Ml6AEyVh9Mo?si=RbCz7RJjTtcBpelu\" width=\"100%\" height=\"560\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><span data-mce-type=\"bookmark\" style=\"display: inline-block; width: 0px; overflow: hidden; line-height: 0;\" class=\"mce_SELRES_start\">\ufeff<\/span><\/iframe><\/p>\n<h2><\/h2>\n<p><span style=\"font-weight: 400;\">The pursuit of financial freedom often leads individuals down the path of various business opportunities. From the traditional MLMs (multi-level marketing) approach to the ever-evolving landscape of real estate investing, the journey to building a sustainable income stream is a complex one. This article dissects a conversation between Glenn and Amber Schworm, hosts of the Fearless Future podcast, diving deep into their firsthand experiences and the underlying practicalities of MLMs and real estate investment as vehicles for generating income.<\/span><\/p>\n<h3>Key Takeaways:<\/h3>\n<ul class=\"blog\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Understanding the operational dynamics and potential long-term implications of MLMs is crucial in assessing their viability as a source of residual income.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Real estate investing, although requiring more upfront knowledge, is presented as a more stable and tangible path to building wealth compared to MLMs.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Shifts in the real estate industry, such as the rise of companies like eXp Realty, should be carefully considered when comparing real estate-related income streams.<\/span><\/li>\n<\/ul>\n<h3><b>MLMs: A Glittering Lure with Hidden Hooks?<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Multi-level marketing businesses, with their low barrier to entry and promises of residual income, have traditionally attracted many looking for extra income. Glenn recalls, \u201cI saw something online this morning that made me feel really nostalgic and made me think about our days back when we were doing MLMs.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, anecdotal evidence from this discussion paints a picture of challenge and frequent disillusionment. Amber mentions, \u201cAnd there are a few people that get really lucky&#8230; But that&#8217;s not generally what happens to most people.\u201d The conversation illuminates MLMs&#8217; reliance on relentless recruitment, a pyramid-like dependency on personal networks, and an often temporary and volatile income stream. This is vindicated by Glenn\u2019s story of initially earning a promising income that quickly dried up once he ceased active engagement in the MLM.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The allure of MLMs is often encapsulated by the potential of &#8220;easy money&#8221; but Glenn highlights the harsh reality: \u201cYou think you&#8217;re building income, but you&#8217;re really not.\u201d This aligns with the broader industry critique that residual income through MLMs is not as passive or long-term as it is often portrayed.<\/span><\/p>\n<h3><b>The Stability and Tangibility of Real Estate Investing<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">A pronounced shift in the discussion comes as the Schawrms pivot to the topic of real estate investing. \u201cI wanted to make more money online&#8230; And then it talked about residual income,\u201d says Amber, reflecting on what initially drew her to MLMs. The turning point was recognizing real estate\u2019s potential for consistent and secure passive income.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Glenn points out, \u201cReal estate investing, not being a real estate agent, is where you&#8217;re not building something as an agent\u2026 you build something as a real estate investor.\u201d This distinction is pivotal in the conversation and resonates with a broader understanding that assets like real estate inherently carry value, providing a more reliable income through rental yields and other investment benefits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Schawrms\u2019 move from MLM to real estate emphasizes how the durability of tangible assets can provide a more predictable and sustainable revenue stream. \u201cBut what isn&#8217;t cyclical is owning that real estate,\u201d Amber asserts, suggesting that while markets fluctuate, ownership of physical property remains a cornerstone of wealth building.<\/span><\/p>\n<h3><b>The Evolving Landscape of the Real Estate Profession<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Interest in real estate inevitably leads to the topic of eXp Realty, a real estate company that has blended an agent-driven MLM structure into its business model. This stirs debate over the viability and ethics of such a hybrid approach, especially given the ongoing changes in the real estate industry\u2019s dynamics. \u201cI think just that industry as a whole is shifting,\u201d notes Amber.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This segment of the conversation raises questions about the future of real estate agents and the repercussions of emerging business models that seek to blend traditional agency with MLM practices. As Glenn and Amber reflect on their own experiences and the wider implications, it becomes clear that while innovative, these models need to be approached with caution and a thorough understanding of their nuanced terms and conditions.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Reflecting on the key points from the podcast, it&#8217;s evident that navigating the world of residual income is about more than the surface appeal of an opportunity. It requires in-depth consideration of the level of control, the sustainability of income, and the true cost in terms of time and personal relationships. As the conversation between Glenn and Amber Schworm demonstrates, both MLMs and real estate offer paths to financial gains but differ greatly in their demands and consistency. The real treasure lies not in chasing quick fixes but in making informed decisions that align with long-term financial strategies and personal values.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\ufeff The pursuit of financial freedom often leads individuals down the path of various business opportunities. From the traditional MLMs (multi-level marketing) approach to the<a class=\"learn-more\" href=\"https:\/\/vestorpro.com\/2024\/03\/25\/residual-income-mlms-versus-real-estate-investing\/\"> Learn more&#8230;<\/a><\/p>\n","protected":false},"author":10667,"featured_media":7427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[45],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/vestorpro.com\/wp-json\/wp\/v2\/posts\/7426"}],"collection":[{"href":"https:\/\/vestorpro.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vestorpro.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vestorpro.com\/wp-json\/wp\/v2\/users\/10667"}],"replies":[{"embeddable":true,"href":"https:\/\/vestorpro.com\/wp-json\/wp\/v2\/comments?post=7426"}],"version-history":[{"count":3,"href":"https:\/\/vestorpro.com\/wp-json\/wp\/v2\/posts\/7426\/revisions"}],"predecessor-version":[{"id":7431,"href":"https:\/\/vestorpro.com\/wp-json\/wp\/v2\/posts\/7426\/revisions\/7431"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vestorpro.com\/wp-json\/wp\/v2\/media\/7427"}],"wp:attachment":[{"href":"https:\/\/vestorpro.com\/wp-json\/wp\/v2\/media?parent=7426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vestorpro.com\/wp-json\/wp\/v2\/categories?post=7426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vestorpro.com\/wp-json\/wp\/v2\/tags?post=7426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}