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Flipping Out episodes
- The Power of Passive Income with Dustin Heiner
Do you have a passive income? You earn some cash without having to work on it. That feels nice. Today, my friend Dustin Heiner and I will talk about the power of passive income.
Dustin is a renowned real estate entrepreneur focusing on rental properties. The idea of investing in this space came to him after getting laid off from a county government job. In this episode, he shares his story, how he turned to rental property as a source of passive income, and the steps he uses, plus advice to investors seeking to try their hand in this field.
Tune in.
Key Talking Points of the Episode
[01:29] Dustin background story
[07:11] two things Dustin realized after being laid off.
[10:08] How lay of turned into a blessing for Dustin
[14:05] Why did Dustin choose the rental property route over the fix and flip.
[18:23] Step by step advice on succeeding in rental property investment
[23:56] Six ways that Dustin make money through rental properties
[26:24] Dustin’s real estate investing free course
[30:32] Why rental property investment is recession-proof
[35:21]Importance of having a property manager to work on your rental investments
[40:27] New markets that Dustin is learning about and have an interest in
[44:12] Book than inspired Dustin to invest in rental property
[47:27] Dustin’s best quote
Standing out Quotes from the Episode:
“This is the government. Nobody gets laid off or fired by the government. But I did.”
“You must realize that your value is not in your job. Your boss can never pay you what your true value is. They're only paying you enough to keep you working without quitting, but not so much money that takes money out of your pocket.”
“You cannot pass down your job to your kids. But you can pass down your businesses.”
“The reason why we scale our business easily is because we make sure that we build a business first.”
“I bought so many properties of people who want to be landlords or accidental landlords who had a property that they rented out and got fed up.”
“When is the best time to plant a tree? It was 20 years ago. The next best time is today.”
Resources Mentioned in the Episode:
Robert T. Kiyosaki: Rich Dad Poor Dad
George S. Clason: Richest Man in Babylon
Connect with Dustin
Website
50 min - 2022 Outlook & 2021 Year End Wrap on Real Estate Nationwide
Today I will be talking about a myriad of topics. This episode will be a solo cast; I’m going to be kind of rant rave and talk about a whole bunch of different things. I will be going over the statistics of the current trends in the various markets. If you can watch this episode on YouTube, it will give you a better understanding since the statistics are visual.
For instance, looking at the medium home sales, there is a price increase to 13% in October 2021, from October 2020 to a median price of $357,007. That’s up by 30% in 2019. That’s a pretty big jump there, right?
The real estate market is fragmented. We are seeing odd things in different markets. In this episode, I will dig deeper into the various markets. I will look at various states and highlight the unique trends are happening in every one of them. My goal is to give you insights into the different trends we are experiencing to help you make informed investment decisions.
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- Here’s How »
Join Flipping Out community today:
- thevirtualinvestor.co
23 min - E35 | Why You Should Be A Deal Engineer with Rafael Cortez
Did you know that about 83% of real estate entrepreneurs fall out in their first year? It is a sad statistic, and that's why we are here to make sure that you do not become a statistic. In this episode, we have Rafael Cortez joining me on the show.
Rafael is currently an Organizational Psychologist and real estate professional holding ownership in multiple companies in various verticals. The base of operations is in Phoenix AZ.
In this episode, Rafael and I will be talking about mastering wholesaling. According to Rafael, if you want to succeed in wholesaling, you need to have the right mindset. You have to let go of the hustler's mindset and embrace the entrepreneur's mindset. You need to focus on getting more from less.
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join Flipping Out community today:
- thevirtualinvestor.co
52 min - The Truth About Taxation And ROI: Wealth Building And Preservation With John Dwyer
Do you want to know why some people pay so much more taxes than others? In this episode, you'll learn about wealth building and wealth preservation. The show's guest today is John Dwyer, wealth educator and mentor at Solid Rock Financial Group. John engages in a conversation with Paul Lizell about how you can reduce taxation using different products, including real estate. You'll even discover why our schools don't teach us about wealth and tax-advantaged products. If you're ready to dissect the truth about taxation, ROI, and more, jump right in!
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join Flipping Out community today:
- thevirtualinvestor.co
1 hr 28 min - The Truth About Taxation And ROI: Wealth Building And Preservation With John Dwyer
Do you want to know why some people pay so much more taxes than others? In this episode, you'll learn about wealth building and wealth preservation. The show's guest today is John Dwyer, wealth educator and mentor at Solid Rock Financial Group. John engages in a conversation with Paul Lizell about how you can reduce taxation using different products, including real estate. You'll even discover why our schools don't teach us about wealth and tax-advantaged products. If you're ready to dissect the truth about taxation, ROI, and more, jump right in!
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join Flipping Out community today:
- thevirtualinvestor.co
1 hr 28 min - E34 | Understanding Why Private Lending is A Must! With Jay Conner
Have you been hearing of private lending, but you don’t understand what it entails? This episode is for you. Today, I have the private money guru joining me on the show.
Meet Jay Conner! He has been in the real estate industry for over 15 years. He discovered private lending back in 2009 when his bank couldn’t lend him money for his deals. He took Ron Legrand’s boot camp and learned about private money. In less than 90 days after the boot camp, he attracted and raised a little over $2 million in new funding for real estate deals.
Jay has made it his mission to educate people on private lending. He recently released a book called Where to Get the Money. The book is a gold mine for anyone who wants to get the ins and outs of private lending.
In this episode, Jay will help us understand what private lending is, the benefits of working with private lenders, where we can find private lenders, among other exciting topics.
Listen in and learn.
Key Talking Points of the Episode:
[02:16] Getting to know Jay: Jay’s background
[03:03] How Jay got into private lending
[07:10] What is private lending?
[12:22] Subject to deals
[16:12] private money versus traditional mortgage financing
[22:41] Where does Jay Conner find private lenders?
[25:55] Jay conner’s free book
[28:22] Jay’s private lenders' rates
[30:18] Jay’s courses
Quotable Quotes from the Episode:
“It’s impossible to fail until you decide to quit.”
“Until we’re challenged, we don’t know what we are.”
“You got to establish a relationship with a self-directed IRA company that you can refer your new private lenders to. So, they can do business with you using that strategy as well.”
“Time kills deals.”
Connect with Jay Conner:
Visit https://www.jayconner.com/ to get Jay Conner’s book and get two free tickets to his live event.
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join Flipping Out community today:
- thevirtualinvestor.co
33 min - The Truth About Taxation And ROI: Wealth Building And Preservation With John Dwyer
Do you want to know why some people pay so much more taxes than others? In this episode, you'll learn about wealth building and wealth preservation. The show's guest today is John Dwyer, wealth educator and mentor at Solid Rock Financial Group. John engages in a conversation with Paul Lizell about how you can reduce taxation using different products, including real estate. You'll even discover why our schools don't teach us about wealth and tax-advantaged products. If you're ready to dissect the truth about taxation, ROI, and more, jump right in!
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join Flipping Out community today:
- thevirtualinvestor.co
1 hr 28 min - Getting Started In Real Estate Investing: A New Investor’s Game Plan With Bailey Kramer
Are you new to real estate investing and you want to get off on the right foot? Then sit back and listen to Paul Lizell’s guest, Bailey Kramer. Bailey is a junior at the University of Central Florida who got into real estate after reading Rich Dad Poor Dad. He talks about learning the different asset classes in real estate investing and why he decided to start with single-family rentals fix-and-flips in Northern Illinois. He also explains his lead generation software company called The Property Dogs. These two different sources of income match and help him create more opportunities. Join in the conversation and be inspired to make your own game plan on getting started. Your journey begins with this episode! Tune in.
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join Flipping Out community today:
- thevirtualinvestor.co
30 min - Using VA's To Grow Your Real Estate Business With Robert Nickell
A lot of tasks are involved in real estate investing, such as cold calling and bookkeeping, and that's why investors usually cannot find enough time on their hands just to finish them all. This is where virtual assistants come into play, helping to lighten the burden while keeping the revenue flowing. Robert Nickell sits down with Paul Lizell to discuss how struggling with his own time constraints inspired him to create Rocket Station, a company that trains VAs specializing in real estate. He shares the specifics of their offers while underlining how his mother influenced him to focus on providing value to his customers than just mere virtual assistance.
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join Flipping Out community today:
- thevirtualinvestor.co
32 min - The Power Of Note Investing In Owner Financing with Nick Legamaro
One of the most underutilized methods for real estate investors out there is the owner financing model. Little do they know that it can be the source of their most profitable deals. Guiding you to take advantage of this is Nick Legamaro, the Chief Operating Officer of USANotePro. He joins host Paul Lizell to explain the amazing and often little known facts about doing owner financing. He also shows the big opportunities within it, how you can be your own bank, and what you can do to make the most out of this method. What is more, Nick then shares some of his experiences in the field, highlighting the importance of having a plan B.
Love the show? Subscribe, rate, review, and share!
- Here’s How »
Join Flipping Out community today:
- thevirtualinvestor.co
48 min
About Flipping Out
From the publisher's feed
Take a voyage across the country as we buy and sell real estate virtually all over the United States! Virtual wholesaling couldn’t be easier with today’s technology. Join host Paul Lizell as he…
explains his transition from a single market fix and flip investor to a virtual wholesaler that is willing to buy anywhere in the country! We will cover virtual wholesaling, virtual rentals, owner financing to new construction. We will even dabble into the future of money, namely cryptocurrencies, and interviewing some of the biggest players in real estate to find out what lessons they have learned along the way and what made them successful.As more and more real estate investors are investing virtually, it’s important for you to keep up to stay in the game. If you’re not adapting with technology and some of these tools, then you eventually get left behind. The process is becoming totally different with everything right at your fingertips now in the information age that we’re in. It’s time to step up, join the conversation, and get your boots right in. Meet Paul Lizell, virtual wholesaler, and let him show you what virtual wholesaling is all about and how you can do it, too, and enjoy its benefits along the way.Paul is a wholesaler and real estate investor based in Philadelphia. He is the Founder of JP Homes Inc. and HouseDealsAmerica.com. He has been a successful real estate investor since the late 1990s, and has bought and sold hundreds of properties nationwide during his investing career. Paul works from his home virtually wholesaling thousands of deals across dozens of states. With his office literally in his backpack, he enjoys being able to help home sellers and home buyers, as well as improve communities from wherever he is. His daily goal is to build long-term relationships with customers and creating wow experiences. Paul is a graduate of Drexel University and attributes his success in business and investing to coaching, education, and systems.If you’re excited about real estate investing while taking control of your life and having financial freedom, you’re in the right place. In this show, you get to learn all about how to get started as a virtual wholesaler, how to move into a new market with your investing business, and what markets to avoid. Every week, Paul will be joined by some of the biggest players in the real estate space who will share their experiences, knowledge, insight, and tips for making it big in the industry. Don’t miss out on this opportunity. Join Flipping Out and learn more about how you can leverage virtual wholesaling to take control of your time, enjoy financial freedom, and live life the way you’ve always wanted to.