387: Retiring Early with Real Estate: $15k a Month in Passive Cash Flow

The Side Hustle Show

Nick Loper

Business, Education, Entrepreneurship, How To

4.7 • 1.6K Ratings

🗓️ 14 May 2020

⏱️ 53 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

$15,000 a month for 30 minutes of work? The passive income dream is real for Dustin Heiner.

Dustin achieved this by following a systematic approach to buying homes and renting them out.

He started with his first property back in 2006. Within 6 years he had 19 properties, and within 9 years he had 26 properties and had retired from his day job at the age of 37.

Today he has more than 30 properties bringing in (mostly) passive income supporting him and his family.

Dustin is a serial side hustler, but once he realized the benefit of getting paid over and over again for work he did once – he doubled down on real estate.

Tune in to hear Dustin talk through:

His approach to property sourcing
The 6 ways he makes money with rental properties
How he’s been able to grow his portfolio so quickly
His advice for those looking to replicate his success

Full Show Notes and PDF Highlight Reel: Retiring Early with Real Estate: $15k a Month in Passive Cash Flow

Transcript

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0:00.0	How a government worker side hustled his way to an early retirement and how you can follow his lead.
0:10.0	What's up, what's up Nick Loper here?
0:12.0	Welcome to the Side Hustle show because the
0:14.3	Rat Race doesn't need any more rats. This week I'm excited to introduce you to a
0:18.4	friend of mine who followed a systematic approach to building his side hustle and retired at the ripe old age of 37.
0:27.0	Today Dustin Heiner is living off and supporting his family from the mostly passive cash flow from his empire of 30 plus
0:35.2	single family rental properties. Dustin is a serial side hustler and even at one
0:41.4	point was running a convenience store before going into his day job in the morning, but realized the benefit of getting paid over and over again from work he did once.
0:52.0	That was something real estate would allow him to do that his day job
0:56.1	and his other side hustle ventures did not. Stick around in this episode to hear Dustin's
1:01.2	I'll call it backward approach to property sourcing
1:04.0	the six ways he makes money in real estate and his advice for those looking to
1:08.5	replicate his success. You can check out Dustin's real estate content at master passive income.com and with all his new
1:16.1	found time as a retiree he also hosts a fun podcast over at successfully unemployed.employed. Co.
1:23.0	Notes and Links for this episode,
1:24.3	along with the free PDF highlight reel of our conversation,
1:27.4	are at Side Hustle Nation.
1:28.8	com slash MPI for Master Passive Income, or if you're in the U.S. just text Dustin Tips to 3344 and I'll send it right over.
1:39.4	One thing you'll hear in this episode and really throughout the side hustle show archives is that learning
1:44.7	usually comes before earning and that's where our sponsor skill share.com comes in.
1:49.9	Skill share is home to more than 25,000 expert taught online on-demand classes in marketing,
1:56.5	business, freelancing, productivity, and tons more.
	...

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