199: GRE Skeptic-Turned-Listener Dustin Jones

#199: He thought this show was dumb, debt was bad. He originally listened to laugh rather than for financial education. In 2009, Get Rich Education (GRE) listener Dustin Jones suffered a personal bankruptcy as a result of high real estate commercial debt tied to properties with declining value. His goal was to be debt-free by age 40. In 2015, that all changed when he began listening to Get Rich Education. He learned that financially-free beats debt-free. Now Dustin embraces debt again by strategically turning equity into cash flow. He has $781,000 in debt, and hopes to have $1.1M to $1.2M by year-end. Isn't that counterintuitive? It's a fascinating story of tragedy, resilience, learning, strength, and self-belief with remarkable Michigan-based GRE listener Dustin Jones. _______________ Want more wealth? 1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book 2) Actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths Listen to this week's show and learn: 03:47 Building a real estate portfolio in Flint, MI. 05:48 Declining property values and rent incomes. 08:46 Bankruptcies. 09:36 Calling notes due generally doesn't happen on performing, residential loans. 12:52 Dustin thought debt was dumb. 13:56 Finding GRE in 2015 and laughing at how it first sounded like nonsense. 19:00 Applying abundant concepts. 21:33 Buying 5 properties in Houston, Memphis, and Montgomery. $1,250 cash flow. 25:46 Dustin's other investments. 27:47 Pitfalls with providers, inspections. 32:28 Meet Dustin and I in-person Sept. 6th to 9th! Learn more at: www.GetRichEducation.com/Belize. Resources Mentioned: Dustin's e-mail: [email protected] Mortgage Loans: RidgeLendingGroup.com Cash Flow Banking: ProducersWealth.com Apartment Investor Mastery: BradSumrok.com Turnkey RE: NoradaRealEstate.com Find Properties: GREturnkey.com GRE Book: GetRichEducation.com/Book Education: GetRichEducation.com

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This episode was published on July 30, 2018.

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