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Entrepreneurs on Fire

Creating massive wealth and investing your profits to build passive income with David Greene

Entrepreneurs on Fire

John Lee Dumas

Business, Careers, Entrepreneurship

4.84.1K Ratings

🗓️ 23 October 2017

⏱️ 24 minutes

🧾️ Download transcript

Summary

David is a police officer, RE agent, and investor with 30 houses, published author, and seen on HGTV's House Hunters. He runs GreeneIncome.com and teaches others to build passive income with real estate.

Top 3 Value Bombs:

1. Find the assets that will make you the best return for your initial investment.

2. Get people to help you do the tasks that are not in your wheelhouse.

3. Opportunities will open wide as you pursue your area of expertise.

Visit David's website - GreeneIncome.com

Sponsors:

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Transcript

Click on a timestamp to play from that location

0:00.0

Light that spark fire nation, JLD here and welcome to episode 1828 of EO Firewear.

0:10.6

I chat with entrepreneurs on fire seven days a week and if you're ready to master productivity,

0:17.4

discipline and focus in 100 days fire nation, just visit themasteryjournal.com.

0:24.4

I'll show it today's featured guest David green.

0:27.9

David, are you prepared to ignite?

0:30.4

Yes, sir.

0:31.4

I'm excited about it, JLD.

0:32.9

David's a police officer real estate agent and investor with 30 houses who's been featured on HGTV's house hunters.

0:41.4

He runs greenincome.com and teaches others to build passive income with real estate.

0:47.9

David, take a minute.

0:48.9

Fill in some gaps from that intro and give us a little glimpse of your personal life.

0:53.4

All right, so I got started buying rental properties in 2009 right after the market had crashed.

0:59.2

I saw an opportunity there that I could buy properties that I could rent from more than I own and that's about as much as I knew.

1:04.9

I didn't know that was the thing that people did, but I knew that I wanted to take advantage of it.

1:08.9

So I just decided I'm going to do whatever it takes to get there.

1:11.4

I started working 90 to 100 hours a week as a police officer sleeping in my car.

1:15.9

I kind of gave up a lot of like a big chunk of my life and just said I'm going after this with everything I have.

1:21.4

I was able to buy quite a few rental properties.

1:23.9

The market turned around in 2013 and they got too expensive to buy in California.

1:27.4

So I said, hey, I'll go do this in Arizona where I can still buy them.

1:30.4

I put together a team of people that would help me buy rental properties over there and realize it's kind of the same no matter where you do it.

1:35.9

There are just a few little pieces that you need.

...

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