BURL Method: Maximize Your Lifestyle & Real Estate Rental Income

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The B.U.R.L Method stands for Buy, Utility, Rent, and Luxury. However, what does this acronym mean? In this video, Toby Mathis will explain how to maximize your lifestyle and real estate rental income without renting your luxury.

Somehow it feels straightforward forward, but there is more to this cluster of words than meets the eye if you're a beginner in the world of finances.

"I would prefer to look at the best use of those dollars" 9:28

Everyone has their needs, wants, and wishes, but there are various ways you can pay for those items through passive income. Instead of renting out your luxury house, maybe you can sell it and reallocate it into passive assets.

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Show Notes:

0:00 Intro
0:33 What is the B.U.R.L Method
5:51 Passive Income sources
10:33 Rule of 5%
13:50 Needs, Wants, Wishes
20:21 Summary
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ABOUT TOBY MATHIS

Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba

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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice.

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