The salient point of this podcast episode revolves around the remarkable journey of an investor who has successfully expanded his real estate portfolio from zero to twenty-nine units in a mere four years. This episode elucidates the strategic methodologies employed in achieving such a significant milestone within a relatively brief timeframe.

The podcast presents a compelling dialogue centered on the transformative journey of an investor who has successfully amassed 29 rental units over a span of four years. We dissect the vital steps that define the trajectory of a real estate investor, beginning with foundational knowledge and progressing through strategic acquisition and management of properties. The conversation underscores the importance of the initial five properties as a proving ground, where one validates their capabilities and begins to cultivate a mindset oriented toward growth and scalability.

Throughout the discourse, we emphasize the critical phases of the investor's journey, from being a novice to achieving financial independence. The guest shares invaluable insights on stabilizing income streams, managing fluctuations in cash flow, and the strategic importance of building a robust support network. I recount my personal experiences, paralleling them with the insights shared, as we collectively explore the myriad challenges and triumphs encountered along the path to becoming a successful investor.

As we conclude, listeners are encouraged to consider their own investment aspirations and the potential that real estate holds as a vehicle for wealth creation. The episode culminates in an invitation to the Real Estate Wealth Builders Conference, reinforcing the notion that continual education and community engagement are paramount to sustained success in real estate investing.

Companies mentioned in this episode:

• Master Passive Income
• Airbnb
• Real Estate Wealth Builders Conference
• Master Passive Income Podcast Network
• REWBCON
• RWEBCLUB

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By self directing your retirement account you now take your money back from the rich. And, Kyle Moody from American IRA shows us how we can use our IRA to invest in real estate and take our money back from the rich.

You can work with American IRA here: https://americanira.com

Join Me At the Real Estate Wealth Builders Conference and get 20% OFF CODE: MPIPODCAST https://rewbcon.com

Get the FREE Course: https://masterpassiveincome.com/freecourse

Get the 1-on-1 coaching FREE strategy call here: https://masterpassiveincome.com/bookacall

Follow Dustin Heiner on Instagram: https://instagram.com/thedustinheiner

Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network

//BEST REAL ESTATE INVESTING RESOURCE LINKS

Start your LLC for only $29! https://masterpassiveincome.com/formanllc

Great High Interest Savings Account: https://masterpassiveincome.com/cit

Get your business bank account here: https://masterpassiveincome.com/baselane

Get your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amex

Takeaways:

• Investing in real estate can yield significantly higher returns as compared to traditional methods involving 401k or IRA mutual funds.
• Utilizing self-directed IRAs allows individuals to invest directly in real estate, providing greater control over their investment portfolio.
• It is crucial to maintain an arm's length relationship when using retirement accounts to avoid potential legal repercussions.
• Understanding the inherent risks and conducting due diligence are vital steps when investing in real estate through retirement accounts.
• The transition from pensions to 401k plans shifted the financial burden of retirement savings from employers to employees, fundamentally altering the investment landscape.
• Real estate investments can provide various income streams, including passive income, equity capture, and tax benefits that are not available with traditional investments.

Companies mentioned in this episode:

• American IRA

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The rich do not pay any taxes and it is time for you to stop as well. This will show you how to be like the rich and not pay any taxes.

Join Me At the Real Estate Wealth Builders Conference and get 20% OFF CODE: MPIPODCAST https://rewbcon.com

Get the FREE Course: https://masterpassiveincome.com/freecourse

Get the 1-on-1 coaching FREE strategy call here: https://masterpassiveincome.com/bookacall

Follow Dustin Heiner on Instagram: https://instagram.com/thedustinheiner

Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network

//BEST REAL ESTATE INVESTING RESOURCE LINKS

Start your LLC for only $29! https://masterpassiveincome.com/formanllc

Great High Interest Savings Account: https://masterpassiveincome.com/cit

Get your business bank account here: https://masterpassiveincome.com/baselane

Get your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amex

Takeaways:

• In this podcast episode, we elucidate the three most diabolical strategies employed by the affluent to legally evade tax liabilities.
• We emphasize the importance of real estate investment as a pivotal means for creating generational wealth and achieving financial independence.
• The discussion explores how the wealthy utilize tax-free loans against real estate to fund their lavish lifestyles while minimizing tax burdens.
• Our host, Dustin Heiner, shares personal anecdotes underscoring the benefits of coaching in accelerating the journey to financial freedom through real estate.
• Listeners are encouraged to consider the utility of starting a business as a vehicle for obtaining tax write-offs and financial advantages.
• We conclude with a call to action, inviting our audience to access free resources that facilitate their entry into real estate investing and wealth building.

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Dustin Heiner and Seth Williams dive deep into the world of real estate investing, emphasizing the importance of building meaningful relationships and leveraging community connections to achieve success. They discuss how real estate is not just about properties but fundamentally about people and the networks we create. With a focus on helping others, Dustin shares his mission to guide one million individuals toward financial freedom through real estate investments.

The conversation touches on the value of mentorship, the role of partnerships, and the strategic approach to scaling businesses in this field. Listeners are encouraged to take action, whether it's through investing or connecting with like-minded individuals in the real estate community.

Join Me At the Real Estate Wealth Builders Conference and get 20% OFF CODE: MPIPODCAST https://rewbcon.com

Get the FREE Course: https://masterpassiveincome.com/freecourse

Get the 1-on-1 coaching FREE strategy call here: https://masterpassiveincome.com/bookacall

Follow Dustin Heiner on Instagram: https://instagram.com/thedustinheiner

Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network

//BEST REAL ESTATE INVESTING RESOURCE LINKS

Start your LLC for only $29! https://masterpassiveincome.com/formanllc

Great High Interest Savings Account: https://masterpassiveincome.com/cit

Get your business bank account here: https://masterpassiveincome.com/baselane

Get your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amex

Takeaways:

• Real estate investing is fundamentally about building relationships, not just acquiring properties.
• Investing in land can provide passive income and financial freedom through smart choices.
• Surrounding yourself with like-minded individuals can elevate your real estate investing journey.
• Creating a community through meetups and conferences can enhance learning and networking opportunities.
• The importance of having an exit strategy in partnerships cannot be overstated.
• Teaching kids financial literacy early on can set them up for future success.

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It is possible to build an automatic real estate investing business while you have a full time job. I did it and you can too.

Join Me At the Real Estate Wealth Builders Conference and get 20% OFF CODE: MPIPODCAST https://rewbcon.com

Get the FREE Course: https://masterpassiveincome.com/freecourse

Get the 1-on-1 coaching FREE strategy call here: https://masterpassiveincome.com/bookacall

Follow Dustin Heiner on Instagram: https://instagram.com/thedustinheiner

Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network

//BEST REAL ESTATE INVESTING RESOURCE LINKS

Start your LLC for only $29! https://masterpassiveincome.com/formanllc

Great High Interest Savings Account: https://masterpassiveincome.com/cit

Get your business bank account here: https://masterpassiveincome.com/baselane

Get your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amex

Takeaways:

• Investing in real estate can provide passive income, enabling financial independence and lifestyle freedom.
• Your mindset shift from employee to real estate investor is crucial for success.
• Building a network of professionals is essential for managing your real estate investments effectively.
• Time management is key; dedicating regular hours each week can accelerate your investment journey.
• Cutting unnecessary expenses allows you to save more, which can be invested in properties.
• Utilizing property managers and contractors can significantly reduce your workload while investing.

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Frugality can be a powerful tool for achieving financial freedom, and this episode explores the balance between being frugal and enjoying life. Dustin Heiner shares his personal journey of growing up in a financially constrained environment and how that shaped his values regarding money.

Joined by frugality expert Jen Smith, they delve into the importance of aligning spending with one's values to enhance life rather than restrict it. They discuss practical strategies for identifying spending patterns and making conscious choices that prioritize meaningful experiences over impulse purchases.

By the end, listeners will gain insights into how to embrace frugality as a means to live a fulfilling life while still pursuing financial goals.

Join Me At REWBCON25 20% OFF CODE: MPIPODCAST https://rewbcon.com

Get the FREE Course: https://masterpassiveincome.com/freecourse

Get the 1-on-1 coaching FREE strategy call here: https://masterpassiveincome.com/bookacall

Follow Dustin Heiner on Instagram: https://instagram.com/thedustinheiner

Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network

//BEST REAL ESTATE INVESTING RESOURCE LINKS

Start your LLC for only $29! https://masterpassiveincome.com/formanllc

Great High Interest Savings Account: https://masterpassiveincome.com/cit

Get your business bank account here: https://masterpassiveincome.com/baselane

Get your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amex

real estate investing, passive income, purpose in life, financial independence, wealth building, mindset shift, coaching in real estate, Master Passive Income, Real Estate Wealth Builders Conference, finding your purpose, purpose anchors, investing strategies, personal finance, achieving goals, success mindset, motivation, fulfillment in life, overcoming limiting beliefs, community building, entrepreneurship

Takeaways:

• Frugality is about being wise with your money, not just saving for the sake of saving.
• Understanding your spending habits through a transaction inventory can reveal your true values.
• Combining frugality with strategies to increase income can enhance your financial stability.
• It's important to spend on what you genuinely value to avoid guilt and regret.
• Being frugal is not the same as being stingy; it's about wise spending choices.
• Identifying your core values can help you prioritize spending that enriches your life.

frugality, financial freedom, generational wealth, real estate investing, budgeting tips, debt repayment, saving money, frugal living, wealth building strategies, passive income, spending wisely, value-based spending, financial independence, mindful spending, investing in real estate, wealth management, personal finance tips, money management, frugal lifestyle, financial literacy

This podcast episode focuses on preparing for a potential housing market crash and the strategies investors can adopt to safeguard their financial future. Dustin Heiner emphasizes the importance of being proactive rather than reactive, highlighting key steps such as maintaining cash reserves, diversifying investments across multiple markets, and securing lines of credit. He shares personal experiences from previous economic downturns, underscoring that having a solid plan can make a significant difference when facing economic uncertainty.

Join Me At REWBCON25 20% OFF CODE: MPIPODCAST https://rewbcon.com

Get Dustin's Free Investing Course: https://masterpassiveincome.com/freecourse

Get the FREE 1-on-1 coaching strategy call here: https://masterpassiveincome.com/bookacall

Follow Dustin Heiner on Instagram: https://instagram.com/thedustinheiner

Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network

//BEST REAL ESTATE INVESTING RESOURCE LINKS

Start your LLC for only $29! https://masterpassiveincome.com/formanllc

Great High Interest Savings Account: https://masterpassiveincome.com/cit

Get your business bank account here: https://masterpassiveincome.com/baselane

Get your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amex

Takeaways:

• Prepare for economic downturns by having a solid financial plan and emergency funds.
• Invest for passive income rather than relying solely on property appreciation over time.
• Diversify your investments across multiple markets to mitigate risks associated with local downturns.
• Consider securing home equity lines of credit to have access to funds during market corrections.
• Sell underperforming properties now while the market is strong to maximize your investment returns.
• Build strong relationships with multiple banks to ensure access to financing when opportunities arise.

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Did you know that you can retire early? Well, there is a term you need to know. It is F.I.R.E. This stands for Financial Independence Retire Early. Today, I brought on an awesome coach who shows us the fire retire early movement and how to become financial independent.

Get the BEST SELLING BOOK "How to Quit Your Job with Passive Income" FREE: https://www.successfullyunemployed.co/freebook

Learn even more about being successfully unemployed here: https://www.successfullyunemployed.co/29

// WHAT TO WATCH NEXT

Start a Podcast: https://youtu.be/YdKKwSSOnJA

Make Money Online: https://youtu.be/WDkRHg3uxR0

Flea Market Flipper: https://youtu.be/MYEoeQPT-5E

//BEST BUSINESS COURSES I RECOMMEND

Start an Online Business: https://successfullyunemployed.co/p24

Start a podcast: https://successfullyunemployed.co/podcourse

Make money on Etsy: https://successfullyunemployed.co/goldcity

Create a Facebook Ads Agency: https://successfullyunemployed.co/laptopempires

Make $ from nothing as a Flea Market Flipper: https://successfullyunemployed.co/fleamarketflipper

Learn how to invest in land: https://successfullyunemployed.co/retipster

//OTHER RESOURCES:

Bank I use: https://successfullyunemployed.co/bank

Website hosting I use: https://successfullyunemployed.co/siteground

Membership Tools I Use for My Online Business: https://successfullyunemployed.co/kartra

NOTE: This description may contains affiliate links to products we enjoy using ourselves. Should you choose to use these links, this channel may earn affiliate commissions at no additional cost to you. We appreciate your support!

Advertising Inquiries: https://redcircle.com/brands

Privacy & Opt-Out: https://redcircle.com/privacy

Mentioned in this episode:

Real Estate Wealth Builders Conference 2025

Join Dustin Heiner & hundreds of investors at REWBCON25. Use promo code MPI20 to get 20% OFF your REWBCON pass. https://rewbcon.com/rewbcon

Exploring the Canadian real estate market offers a fascinating opportunity for investors seeking diversification and stability. This episode dives deep into the complexities and advantages of investing in Canada, particularly for American investors. Host Terry Schauer emphasizes that international investing is an advanced strategy, laden with unique challenges such as tax implications and regulatory differences. However, the allure of diversifying one’s portfolio and navigating the varying cycles of national economies can be compelling.

With Canada experiencing a different phase in its real estate cycle compared to the U.S., along with a current interest rate easing cycle, the conditions for investment are ripe. Schauer elaborates on the role of the Canadian Mortgage and Housing Corporation (CMHC) and how it influences market dynamics, particularly in urban centers where housing demand is surging due to immigration. The discussion also touches upon the foreign buyer's ban imposed in 2023, which, while challenging for some, presents unique opportunities for savvy investors willing to adapt their strategies. Schauer concludes that understanding these nuances is crucial for anyone considering entering the Canadian real estate market.

REWBCON 20% OFF CODE: MPIPODCAST https://rewbcon.com

Join the Shred Method and Cut 15 years off your mortgage: https://masterpassiveincome.com/shred

Get the 1-on-1 coaching FREE strategy call here: https://masterpassiveincome.com/bookacall

Follow Dustin Heiner on Instagram: https://instagram.com/thedustinheiner

Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network

//BEST REAL ESTATE INVESTING RESOURCE LINKS

Start your LLC for only $29! https://masterpassiveincome.com/formanllc

Great High Interest Savings Account: https://masterpassiveincome.com/cit

Get your business bank account here: https://masterpassiveincome.com/baselane

Get your business credit card with 2% Cash Back with NO FEE! https://masterpassiveincome.com/amex

Did you know what Canada's housing assets are a popular hedge for foreign capital? International investors have been bullish on Canadian Real Estate in recent years, so much so that the Canadian government has taken steps to keep foreign buyers out. If you want to explain or understand the ins-and-out of investing in Canadian for non-residents, here's your chance.

Terrie Schauer’s LinkedIn: https://www.linkedin.com/in/terrieschauer/ 

Terrie Schauer’s Instagram: https://www.instagram.com/terrieschauer/

Check out all the other MPI Podcast Network Shows: https://masterpassiveincome.com/network