Episode #204 – The day Dustin Heiner left his boss’s office after being let go, he knew he’d never depend on a job again. In this interview, he shares how he developed passive income streams from real estate to replace his salary (and more!) so that he’s now successfully unemployed while still in his 40s.
Listen to the Podcast Here:
Watch on YouTube Here:
Links:
- Dustin’s Website: https://www.masterpassiveincome.com/
- Dustin’s Podcast: https://www.masterpassiveincome.com/podcast
- Dustin’s Real Estate Wealth Building Conference: https://rewbcon.com/
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Marvin says
Coach,
I’ve been following you for a long time now. Dustin talks about a minimum $250 per door, which sounds great. To what extent should I focus on a monthly dollar amount vs a COC return?
Chad Carson says
Hey Marvin. Thanks for following along!
Good question. I think it’s good to use both metrics. If you have a goal of ONLY $250/mo cash flow, you could put 50% down payment and meet the goal. But you might have a 3% cash on return and not utilize your big down payment very well.
On the other hand, if you ONLY had a cash-on-cash return of 12%, for example, a $50/mo or $600/year cash flow would be 12% on a $5,000 down payment. But that might not be a good enough deal.