89. Create An Automatic 6-Figure Real Estate Investing Business

Guest Dustin Heiner brings a new spin to the old analogy: “Teach your students how to fish, because you can duplicate it over and over in as many cities as you want.” After getting laid off and facing the terrifyingly unclear future of caring for his family, Dustin decided to become an investor. In 6 years, he expanded from one to over 30 properties, each of which are making him $250-400 a month.His mission today is to help as many people as he can to learn how to invest properly so they can obtain financial freedom. One of the most important components to understand: It’s not YOUR job to become an expert in the location you’re investing in. If you want to work 30 minutes a month, it’s about finding the REAL experts of the area and hiring them on–teaching your fish–to manage your business. Each property owns inventory. You don’t open an empty convenience store and set out a box of candy bars–the same goes for real estate. Build each business BEFORE you buy the inventory so that you know exactly who will be managing, financing, and repairing your property ahead of time. Gain the full explanation and more of Dustin’s first-hand insights on this episode of The Prosperity Perspective podcast.  3 Key TakeawaysYour value doesn't come from your job! Stop associating yourself that way and instead do what lies in your passion.If you’re investing in real estate, it’s not your job to become an expert about the new area. Instead, ask the true experts and hire one of them to run the business for you. You want to buy the business BEFORE you buy the inventory. Likewise, if you’re buying a property, you’re going to want to know who will manage, finance, and care for it before you start. ResourcesText RENTAL to 33777 for a FREE course on investingmasterpassiveincome.com/freecourse for a FREE coursePodcast: Master Passive IncomeYouTubeInstagram: @thedustinheinerAbout Dustin HeinerDustin Heiner is the founder of Master Passive Income, Real Estate Wealth Builders Conference (REWBCON) and Successfully Unemployed.He is a real estate investor who was able to make enough passive income from his business to quit his job when he was 37 years old.With his podcast, Youtube channel, books, courses, and coaching, he now helps other people quit their job by investing in real estate rental properties to live the dream life.