The Master Passive Income business owner, Dustin Heiner, joins the P&B family today. Dustin is a, podcaster, author, real-estate investing coach and a wildly successful real estate investor. Dustin’s journey into real estate began after a lay off from a “secure” corporate office job. At that point he realized that he would never get wealthy working for someone else. He decided he needed to start working toward becoming his own boss.

A weekend real estate seminar on how to buy rental properties inspired Dustin to make his first real estate investment. The key to this seminar was investing for passive income versus investing and hoping for appreciation. The rest is history! Years later, Dustin and his family live off of the passive income generated by his properties while they travel the world.

Show Highlights:

  • Not depending on anyone other than yourself to make money
  • Setting up the real estate business FIRST, before buying property
  • How to hire the right property managers and repairmen
  • Getting business referrals and clients through networking
  • Why “location, location, location” is not always true in real estate
  • Don’t limit yourself to only investing in local real estate in your region when investing around the country may be cheaper and smarter
  • Why Dustin now only works 30 minutes a month
  • Investing for passive income NOT appreciation
  • Pricing your rents slightly below average
  • How to exploit seller financing opportunities
  • Why not all debt is created equal (Dustin even bought a house on a credit card once!)

Mentioned on This Week’s Show

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Our Favorite Tools This Week

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Side Hustles and Passive Income

  • How to Start a Blog – Michelle Schroeder-Gardner is the self-made millionaire behind MakingSenseOfCents.com who credits finding her purpose and sharing her story through blog writing for her personal and financial success. With her easy-to-follow course, you can be up and running a blog in less than a day!
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