From Paying EMIs to Earning 76k Passive Income in JUST 5 Years?

Join us as we explore the inspiring journey of Dhirendra Kumar, a Chartered Accountant from Mumbai, as he gets candid about overcoming a personal and financial crises to achieve success. Learn how he manages a 4 crore real estate portfolio, earning 75k in passive income monthly, and gain insights into his views on the importance of passive income, choosing between commercial and residential properties, and his idea of financial independence.

0:00 - Introduction
0:55 - Salary Growth
1:18 - Why was Passive Income necessary?
3:03 - How He Cleared Majority of Loans?
4:55 - Why ULIPs are bad investments?
5:49 - Working in Qatar
7:35 - Passive Income & Real Estate
8:55 - Investing in Commercial Properties
9:38 - Equity vs Real Estate?
10:03 - Commercial vs Residential Under-construction Properties
12:00 - Combining Equity & Real Estate
13:58 - Portfolio Allocation
14:38 - Expenses & Being Net Debt Free
15:44 - What He Learned?

[tahirisaid]

Making money should be a routine. The secret to making a million is making better investment.

[AmitRedkar]

4 cr net worth and he doesn't own a car. Instead uses a bicycle to go to office. Bro is an example of smart and simplistic living.

[ajishpinkybell]

looks like "working in Qatar" gave him an edge. Working in Income Tax Free country makes significant difference . ( pls don't tell me i am not patriotic 🙂). Create wealth from such places and invest in India, create jobs and be part of India's growth...

[Lakshmanan_raman]

He is probably the first person I find on the internet talking positively about Real estate investment. Not saying which is good or bad but stating blunt facts.

[DyonvreduogG]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[parinadoshi]

His clarity of thought comes through in this interview. He recognises his investing mistakes and knows what works for him and his behaviour pattern.

[HorrorSuggestions-pcuc]

RULE NO1
GET A JOB, or even u are self Employed
INVEST EARLY

[suhaibcherukunnon]

Finally real people are sharing knowledge, no more jargons

[sagarbm]

His upbringing made him invest in real estate more than anything else. But he's a practical guy, who knows his risk appetite. Great interview. Keep bringing such guys on!

[GunjanShah]

First important point # Tax free income from Qatar has played major important role here
Second point# slow and steady appreciation in real estate. Equity market is more volatile, we always end up re-balancing our portfolio.
Third point # Investment in commercial property gives good return in long run as compared to residential property.
Fourth point # Check due diligence about build and land before buying property. Take benefit of the rates during pre-launch and enjoy appreciation later.

[guharup]

Good kid. Story in many Indian households. Someone naturally and silently took all the responsibility

[ContentArm]

This is a good slap on the face of people who claim that a job will never make you rich and business is the only way. Yes, his income boosted bcoz of Qatar but he got that opprtunity because he was good at his job.

[DreamweaverShade-hp]

I’m a god of devaluation, I buy it and it goes down! Why I can't make earnings is beyond me. It can be annoying how volatile the market is. How can I ride this fresh wave of all-time highs without getting burned again with $450k set aside to get fully invested this year?

[sagarjambukar]

Learnt lot of lessons from this interview. Though I am primarily an equity investor I could relate with his point of view that one needs to make a lot of decisions frequently in equity as compared against real estate. Always need to be on your heels about what is happening worldwide. Liquidity can be both boon and curse - it’s most difficult devil to deal with in investing. 🤞

[ChethanV-giio]

One of the best interviews in this channel.

[subhabratadas]

The loan of the house was paid off by using the money received from the term insurance. Being a CA and a financial planner himself was this a rational decision? What happens to the future of his brother’s family? A lesson to learn and take into account.

[pavanramappa]

He spoke his heart out when it came to the comparison of equity vs real estate.. totally agree with him!

[binod-wb]

Such an honest and calm guy! Love watching without skippng a sec.

Thanks for bringing such stories.

[saurabhgalinde]

The guest has a very good clarity on what he is doing. Really appreciate him for sharing valuable learnings with us.

[MySanjukta]

30 LPA CTC, sitting in a podcast ...me with 35 LPA CTC, scrolling reels and watching him.