Are you tired of making other people rich? Join me and Dustin Heiner as we talk about passive real estate investing and how to make a sustainable business that can allow you to quit your job. Find out more about our investing opportunities here 👉 https://www.vonfinch.com/invest 👈 Dustin Heiner is an author, real estate expert, and the founder of Master Passive Income, a company that teaches aspiring investors how to escape the rat race and build their own real estate investing business. Despite having an entrepreneurial mindset and creating multiple businesses, Dustin worked a regular job and invested in real estate on the side—but that was until he got laid off unexpectedly. From then on, he vowed to never be in the same position again, and that was the catalyst for his career in real estate. A lot of people today are taught to go to university, get a job, and invest in the stock market to attain financial freedom. However, that still means working for somebody else. If you are one of these people and are sick of living paycheck to paycheck or being afraid that you could lose your job at any time, Dustin has the perfect advice that may be just what you need to change your life. Listen to this episode as we talk about how to make a career out of investing, why a property is a piece of inventory and not a business, and some of the best ways to start a career in real estate investing.
Are you tired of making other people rich? Join me and Dustin Heiner as we talk about passive real estate investing and how to make a sustainable business that can allow you to quit your job. Find out more about our investing opportunities here 👉 https://www.vonfinch.com/invest 👈
Dustin Heiner is an author, real estate expert, and the founder of Master Passive Income, a company that teaches aspiring investors how to escape the rat race and build their own real estate investing business. Despite having an entrepreneurial mindset and creating multiple businesses, Dustin worked a regular job and invested in real estate on the side—but that was until he got laid off unexpectedly. From then on, he vowed to never be in the same position again, and that was the catalyst for his career in real estate.
A lot of people today are taught to go to university, get a job, and invest in the stock market to attain financial freedom. However, that still means working for somebody else. If you are one of these people and are sick of living paycheck to paycheck or being afraid that you could lose your job at any time, Dustin has the perfect advice that may be just what you need to change your life.
Listen to this episode as we talk about how to make a career out of investing, why a property is a piece of inventory and not a business, and some of the best ways to start a career in real estate investing.
KEY TAKEAWAYS
1. You don’t have to go on the beaten path to achieve financial freedom.
2. Hire experts to make sure you invest in the right properties.
3. If you’re afraid of losing money in real estate investing, build the entire business first.
4. Take on the identity of being an investor—don’t let yourself be defined by your day job.
LINKS
Master Passive Income Website: https://www.masterpassiveincome.com/
Dustin Heimer on LinkedIn:
https://www.linkedin.com/in/dustinheiner
Steven: [00:00:01] What does it take to get started in real estate investing? And what are some of the biggest mindset challenges that people deal with? In today's episode with Dustin Heiner, we dive into some of those specific strategies, and how you can overcome some of the biggest challenges that people face when making that decision to jump in, and go all in when it comes to real estate investing. Let's get to it.
INTRO: [00:00:30] This is The Investor Mindset Podcast and I'm Steven Pesavento. For as long as I can remember, I've been obsessed with understanding how we can think better, how we can be better, and how we can do better. And each episode we explore lessons on motivation and mindset for the most successful real estate investors and entrepreneurs in the nation. Today's episode is sponsored by Vonfinch Capital. If you're interested in investing alongside me in the same type of real estate opportunities that I personally invest in, then head over to Vonfinch Capital and join their private investor network. You can do so at Vonfinch capital.com/invest. Join me on that next deal. I look forward to seeing you on the inside.
Steven: [00:01:18] Alright guys, welcome back to The Investor Mindset Podcast. I'm your host, Steven Pesavento. And today, I'm very excited. I have Dustin Heiner in the studio. How are you doing today, Dustin?
Dustin: [00:01:28] I'm Fantastic. Thank you so much, Steven, for having me on the show. I'm really super excited having the right mindset is paramount in everything that you do, and especially investing. So I'm glad to be here.
Steven: [00:01:39] It's so critically important. And Dustin is a person who definitely has the right mindset when it comes to getting started. He has helped lots of people do that. He's a rental property expert and founder of Master Passive Income.com. He's been successfully unemployed, since he was 37, all through investing in real estate rental properties. And he's used that to be able to build life on his terms. So what we're going to be talking about today is really the mindset of a successful investor and we'll be talking about what is possible for you, if you're looking to leave your job, if you're looking to make a career out of this and really start understanding what are some of those pitfalls that people often end up running into when it comes to the way that they think about this in today's interview. Are you ready to get into it?
Dustin: [00:02:25] Yes, let's do it.
Steven: [00:02:28] Awesome. So before we get into all the juicy stuff about your experience, what I'd love to start with is actually start by looking back at earlier in your life, specifically your childhood. And so what events or influences from your childhood shaped who you are today?
Dustin: [00:02:44] Yeah. So my parents are divorced, and my step dad and my biological dad, they both were entrepreneurs. And so I was kind of conflicted because I was always taught from school, how to basically be an employee. You're taught from the very beginning how to be an employee, never taught to be an investor, never taught how to be an entrepreneur, any of that stuff. And so it's kind of just going the normal path of working a job. But then I started realizing that I had this kind of entrepreneurial idea or desire in me, it was mostly that I want to get paid for the value that I brought, instead of the hour that I work. Because whenever you work a job, you work an hour, you get paid for that hour, so you're not getting paid for your value. In fact, your boss is only keeping you, they're only paying you enough to keep you working without quitting, but not so much as taking money out of their pocket. So after I started realizing that, I started thinking, you know what, I might be an entrepreneur. So as I was growing up, seeing them being very entrepreneurial, having like a construction company, my stepdad, a construction company, my father had a convenience store, I started to think about other businesses I can create. So I created a graphic and website design company. I then created a skateboard manufacturing business. I also created a convenience store, I had a bit of a convenience for a business set a pizzeria. So I had a lot of businesses and at the same time, I started investing a little bit into real estate, bought a rental property, I thought, you know, some good passive income. But what's great is the easiest one out of all of them but it took the hardest tip in my opinion to get over that mindset switch was to become an investor. So Steven, I want to tell you this story of what got me literally over that hurdle.
Steven: [00:04:21] Before you start that story. I really want to dig in here. So from an early age, you're surrounded by this entrepreneurial drive, this entrepreneurial world, did you ever go and start working in a job?
Dustin: [00:04:35] Absolutely.
Steven: [00:04:36] So you actually went down that path? Why did you go and work a job even though you're surrounded by entrepreneurs from such a young age?
Dustin: [00:04:44] So it was because that's what I was taught. My parents weren't necessarily pushing entrepreneurship, or investing or anything like that, even though I'm doing that with my kids because I saw the mistake now. But I was always just taught to go to school and get a job. That's what they believed and they just said, I just found a way to actually be an entrepreneur. So I was just going down the path that I was already told to be on.
Steven: [00:05:05] Yeah. And it's funny because so many of us just follow that natural path, go to university, get a college degree, go get a job, and you're going to be able to be successful. They tell you to go invest in the stock market, invest in your 401k and this is going to get you financial freedom. But these things are not necessarily true anymore. That's not always the best path. If you found something that you're passionate about, that you really care about, that makes a difference in the world, and you're making great income, then you should definitely continue to do that kind of work. But if you're unsatisfied, if you're unhappy, then this is definitely the place to start learning about some of those other ways of thinking. And that's why I'm really grateful to have you here, Dustin because you're somebody who's figured out how to break out of that, and then actually create true freedom through real estate.
Dustin: [00:05:48] I was always taught that getting a college degree was like the key to getting to everything is you need in life. And so exactly what you were talking about, like we're geared to do that, but our kids should not. So I found my college degree, it was actually embossed, like in a plaque that my parents did pay extra money for it. And I actually found a new door, I'd have been retired or I quit my job. I was successfully unemployed for about four years now. And so I'm looking at it, I'm looking at my kids. I'm like, hey kids, I'm never ever going to need this again how about we blow it up. So I literally made a YouTube video, if you go to Master Passive Income on my YouTube channel, I literally made a video, a fun video where we're shooting it with bullets, with guns, and then I literally take 16 pounds of tannerite and a gallon of gasoline. And I blew the degree up. And it's just a proof to my kids, let alone everybody else, the mindset that you don't have to follow what everybody tells you to do, you can do something different, especially something like investing in real estate. So yes, absolutely. That's something I wish I would have learned but then I'm absolutely implementing that on my kids now.
Steven: [00:06:50] Yeah, that's so key. And I know, you want to share this story because we're talking about it a little bit offline, I think it's going to be really inspiring for people. So talk a little bit about what that Genesis was that got you where you are today.
Dustin: [00:07:03] So yeah. I had someone saying I had so many different businesses and I was entrepreneurial and I was just trying to do everything I could to not have to work for somebody else. And at the same time I bought a rental property too, I read Rich Dad, Poor Dad, a fantastic book really got me thinking. That was a mindset shift that really, really helped me to change out of being an employee to actually be a business owner or a passive investor or being an investor. So after reading that book, I bought one or two properties but as I was doing that, I was doing so many other things. Turns out the easiest thing and the one that made me the most money, and I did so little on is my real estate. Now, let me tell you the story. So if you can see this, I have a picture on my background of my four kids. So at the time my fourth child was born, I was working at the county government in Fresno, California, working in county government, and I was working just fine, and had plenty of seniority. Everything's going really well. Just had our fourth kid, she's maybe a week old. I go on paternity leave. That's where the dad stays home and hangs out with the mom, takes care of the kids bonds with the baby, and then you go back to work. So I went back to work after paternity leave. And I was working all week. And then on a Friday at about 3:30 in the afternoon, I get a phone call from my boss's boss's Secretary like the top dog. And it says Dustin, would you please come to the boss's office? I said, sure. And then hang up the phone. And then I sit there for a second. And I think why would they be calling me to the office? This is not normal, what's going on? And then it got me thinking about before I went on paternity leave about a month or two months prior, there were some rumors or some rumblings of a possible layoff scenario because the county was running out of some money. And I said no, I have so much seniority I committed myself. They dismissed that. Then I got up out of my chair and started walking down the hallway. And mind you it's not that long of a hallway but it felt like it got longer and longer. And each step that I took it felt like I was-- I had lead bricks or my feet were made out of cement and it got heavier and heavier because in the back of my mind, it was knowing me that I could potentially be getting laid off right now. So as I'm walking down the hallway, all these thoughts run through my head, and I round the corner and I see my boss's office, I see the secretary. My boss's office, the doors closed and the Secretary looks at me and sheepishly she says Dustin, would you please have a seat? I say sure. And I sit down and as I'm sitting there, more thoughts run through my head. And I started realizing if I'm getting laid off right now, what does that say about me? Am I a failure as a husband? Am I a failure as a father to provide my family all these years 10 plus years working at the county government to eventually get laid off like that was all a waste? Am I a failure at life? And as I sit there, these thoughts are racing in my head. I start to sweat on my forehead, my hands start getting all clammy and then the door to my boss's office opens up. And now walks a lady with a piece of paper in hand, she's noticeably distraught, she's noticeably upset, but she's not crying. But you could tell her world is absolutely rock. And as she walks past me, she or my boss says, hey, Dustin, would you please come to my office? Same thing happened to me as happened to the other lady, I got a layoff notice. So I have two weeks before I'm going to be out on my butt and not be able to provide for my family. So I get my layoff notice and I start walking back to my desk and I realize two things. This is where the mindset really just took in for me. I realized two things, realize that number one, I need to provide for my family, like I'm not going to have any money, I maybe had one property, but that's not enough to provide for the family. So I needed to do something to provide for my family. So I was really, really blessed, praise the Lord to find another department. I started working at a sheriff's department doing IT work in the sheriff's department. So I didn't have any layoff, I didn't have any issues. So that was a huge, huge blessing. And so from that point, the second thing that I realized was I absolutely needed to make sure that this never, ever, ever happened to me again. So what I decided to do was from that point forward, I said, I am now an investor. I knew investing worked, it's where I worked for 1000s of years, where half a million of billions of people invest in real estate, it's going to work for me. And I made that mindset shift to where now I'm an investor, even though 100%, or just about 100% of my money came from my job. That was now my part time job. My full time job is that I'm an investor. So when anybody asked me, hey, Dustin, what do you do? Basically, the question they're asking is, what value do you put on yourself? No longer do I ever say I work with IT in the county government. No. I literally say I am an investor. Like I said, Even though 100% came from my job, I'm still an investor, let me round out the story and say, I worked another six years, another six years bought property after property after property after property, and more people because I said to tell everybody, I'm an investor. People started bringing deals to me and I started growing my business and I kid you not, on that's the sixth year of investing, I went to my boss's office and said, Boss, I can't do this anymore. Even though I'm making $75,000 a year I'm losing money working here. I quit then and there and the transition from walking down that little hallway, that short hallway where I was taking forever, it felt like it was really, really long. Whereas my feet were concrete bricks, this walk to my car, which reminds you, I'm in downtown you pay to park so I was cheap so I'm parking two miles away. It was the fastest, quickest walk and I felt like I was walking on clouds never having to work a job again. It was all because I made that mindset shift, I'd tell myself, I am my own value because my God, my family, and myself, I am an investor. So everybody listening to this, or watching this, you absolutely need to realize that your value is in who you are, not what anybody else puts on you.
Steven: [00:13:00] Yeah, absolutely. Well, I totally agree. And what's really interesting to just really underline of what you're talking about here is that when you decided that you are going to be an investor, that you decided that you're going to call yourself an investor, it was because you were in a state of mind where all of a sudden, it's time to make a shift, I need to be able to support my family, I need to be able to make this change, I need to be able to create the flexibility and freedom that really only real estate can offer. But the core thing here is that you took on that identity, you started saying I am and you put I am in front of whatever statement, and you will become. If you can convince your mind that you're there, you're able to bring that same feeling to everyone else. And so now other folks, other people in the world are able to see that Dustin is an investor, that Dustin is going out and buying real estate, that his intention is to be able to create wealth by buying assets and receiving profit off of the results of owning those properties. And that's what really paid off. And it's so important to underline because often times than not the biggest challenge people deal with is they don't take on that new identity. It's when they're in that state of shift. And so I'm curious, you've worked with lots of people, you've obviously gone through this yourself, how do you recommend people go through the process of making that internal shift of being able to claim the identity that they are this thing and they're going to step into it?
Dustin: [00:14:31] Honestly, it seems -- because I've talked to a lot of investors as well. It does seem like a catalyst. A good catalyst is a life changing event like it did for me. I had four kids and had to figure out a way to feed them. And that's a catalyst. I actually interviewed somebody on my podcast as well, where I was at the interview with them and they're theirs was a catalyst where her husband left her, he was cheating on her and left her and then she had to figure it out. So it seems like a catalyst is one good thing and so if there is ever a catalyst that actually gets you into that position, don't let that go by just don't dismiss that, and try to get back to the old routine. In fact, actually losing my job was the best thing, even though at the time, it was the worst thing possible. It was the best thing. Now I will give you an example. I have a friend of mine, he was working a regular job getting paid just fine. They wanted him to do another part of the business and he was like, I just don't feel comfortable with that. It wasn't that it was bad, he just didn't feel comfortable. And I had been encouraging him to be an investor, to start his own business, lots of other things that I said, you know what you can do this without having a working job. And he actually realized that the time of his employment at that job is done, even though they didn't fire him, he was basically done. And then I got a call from him like the next day or two and said, hey Dustin I don't have a job anymore. I actually -- because I know everybody, every single other person that they're going to talk to is Oh, man, I'm sorry to hear that you'll get a job soon. I literally was a complete opposite. I said, I am so excited for you man, this is the best thing. Even though it seems horrible right now, this is the absolute best thing, because you know you have everything lined up, you just need to act on it. And now it's been three years, he literally does not work a job, he has so many other businesses, he has other things going on and he's investing. So in my opinion, when you have a catalyst like that, that's really going to get you moving. Don't let that go. But at the same time, what happens without a catalyst is you immerse yourself with other people that are like minded because you forget, you will get held down by people who put their limiting beliefs, what they put the limits on themselves, they put that on you too. And imagine that you are at their own limitation. A lot of people say no, you can't invest in real estate, it's been done before I had my aunt's brothers twice removed, they had a property and somebody blew up the house, or whatever it might be. It's like, that's your own limitation. You need to not let other people's limitations be put on you and get around people who are like minded. As soon as you make that decision, which I think you're the only one that can do it. See, I can teach anybody how to invest in real estate, but getting them over the hurdle to say, I'm now going to do it, I can't do that. That's up to them. But once they do, then there's so many ways to actually do it, that you just need to immerse yourself in the right environments, around the right people and getting the right coaching, the right mentors and everything to actually do it right.
Steven: [00:17:20] I think there's so much value within there. It's like when people deal with some kind of catalysts, some kind of life changing event that gets them into the state of mind of being ready to make that change to jump into real estate investing, entrepreneurship, whatever that shift is for them. It’s amazing when you actually just recognize that okay, well, I've got this opportunity and now let me step into it. What's so powerful is that if you're listening to the show, right now, if you're in a position where you're questioning whether or not you're living the life that you believe you're meant to live, and you want to go out, and maybe you want to invest passively, maybe you want to become an operator, maybe you want to go and own rentals, whatever that thing might be for you. When you can get yourself into that place and recognize it, you might not be that far away, somebody doesn't have to die, or you don't have to lose your job in order for this to really move you forward. Ask yourself the question as if it already had happened. And you can create that emotional catalyst within yourself to then step in and put yourself in community because as Dustin said, community is one of the biggest things. So for you Dustin, how did community impact you going forward and being able to create the kind of career you've created?
Dustin: [00:18:36] So I actually did a little, basically, I did it on my own because I had no clue. I was -- I'm very competitive like in sports, I'm very competitive. And so I pictured this as a competition. Like, if I'm working with another investor, that's a deal that they're going to get that I'm not going to get vice versa. So I did it. And I did it the wrong way. And I kid you not as soon as I started networking, finding other investors, finding other mentors or finding coaches, or really just started to see who else is doing this, it became as if we're a team almost even though we're our own separate businesses and all that sort of stuff. We're working together, we're getting each other's ideas. And so when I first started, I was literally doing it for like six years on my own, figuring it out as I would, I even tried to find a mentor. Actually, this is what happened to me. I was watching the 2am infomercials, and there was some guy that came on, hey, I'll teach you how to invest in real estate come to this one hour seminar, it's free. So I went to the one hour seminar then they upsell me a one or $2,000 weekend seminar, which was literally so overview like you didn't have anything to take away from to actually implement. And then from there, they tried to sell me like a $40,000 course. And I said, Oh my goodness, $40,000 just for rental properties and wholesaling was like $30,000, flipping was like $80,000, he was nuts. And I said you know what, I'm going to do this on my own. Because of that I went on my own, not knowing that I was losing on deals because I wasn't networking. Fast forward with the networking, I started actually networking and that was the catalyst for me was now all of a sudden realizing I absolutely need to start telling everybody, I'm an investor and then helping. Here's a big thing and Steven, you're all about this too, is helping other people, if I help other investors, if I help property managers, if I help realtors, it'll come back to me, it's all about helping other people. In fact, my rental properties are all about serving my tenants making sure they have good properties. Obviously, I'm making passive income, I teach all my students and I myself make $250 a month in passive income from every single property that I buy and that's the minimum. And if you have 10 properties, that's $2500 a month, that's $30,000 a year. 20 properties that's $60,000 a year. And so as I started working with more people, started networking, started really figuring out how I can actually network, that was when my business just started growing and growing and growing.
Steven: [00:20:57] Yeah, it's such a big idea. I mean, a lot of the listeners are active investors, a lot of the listeners are already on this path. And it's so important to be reminded that there's intention behind everything that we're doing. That by going out and connecting with other people that we don't need to be in this scarcity mindset, that there is so much available to us. And that by actually working together, and creating a partner driven structure where I get to help this person and this person and team up and really be able to do more together than you would individually, you can create so much more. And it's just a lot more fun. It's a lot more enjoyable. And I'm sure as you're saying here, you're able to get deals as a result of this networking because people do business with people they like. So I just think that is phenomenal. What I'm curious about Dustin is a lot of people who have already been in the trenches, they're already doing this, they've made a career out of it, and maybe they're investing passively as well. But they run into challenges. And I know that you've helped some folks out of some of those big challenges. What are some of those big potholes that people end up getting stuck in? And how do you recommend getting past that?
Dustin: [00:22:09] Well, I'll give you one about the mindset pothole that you can get into and then I'll give you another practical, what pothole that you can get in. So a mindset, pothole that you might run into, or you probably will, is thinking to yourself as an investor, I don't want to, I really don't want to buy a money pit, I don't want to buy the bad property that is going to be just dumping, dumping money. And that is the fear that wells up inside of us all I mean, it happens to every single investor. We have a fear that we're going to lose money, that we're going to buy a bad property, we're not going to be able to rent it out, the tenants are going to destroy it, you're going to have that fear. But here's the practical that'll help alleviate that fear and get you over that hurdle is when you do this business right, when you're investing the right way. And remember, I do buy and hold rental properties. I love being able to have the cash flow now every single month and count on it and not do a thing. And some people might have read the book, The Four Hour Workweek, well, in my opinion, working four hours a week is for suckers, I don't want to do that. I don't want to work. In fact, I only work 30 minutes, not a week, a month. And that's just by pulling my property management statement, making sure everything is good from all my property managers. And I'm putting aside, that's literally all I do. And so here is the practical way to get over those fears and the tip to actually get started and doing it right without losing money. The big thing is, as you're investing in buying whole rental properties is you want to build the business first. Let me explain how that packs out, I'll unpack how that plays out. So a lot of people talk about investing in real estate and buying whole rental properties. They'll say, Okay, what you do is you find an area of the country that has a good cash flowing property, you will find the property, you buy it, then you find somebody to fix it up, then you find somebody to get a property manager that's going to manage the property, then you get it, find somebody put a tenant in there and actually get the tenant inside there, then you start making money in passive income. In my opinion, that's literally backwards. 100% backwards. A lot of people tell you that your property is your business. In fact, it's not, that's wrong in my opinion. My property is a piece of inventory. Let me explain how this actually works out in a little bit of scenario. Imagine you want to start a convenience store. A convenient store, candy bars, grocery, soda fountains and all that sort of stuff, regular convenient stores. Well, you would not open --get a lease, open the doors and put a box of candy bars on the floor and expect to run a successful business. In fact, you'll go out of business in two seconds, it'll be bad. Know what you're going to do instead. You're going to get everything in the business, you're going to gondolas, which are the shelving units, you're getting the countertops, fountain machines, cold storage, you're going to get cash registers, bank accounts, employees, you're going to do everything in the business before you buy any inventory and put it into your business. See, same thing with rental properties. You build the entire business first and then every piece of inventory is a piece of inventory, oh sorry, every property is a piece of inventory that you put into the business. So you think about scaling your business to get more to 10, 20, and 30 plus properties, you literally have a business, that all you do is you buy another piece of inventory and put it into your business. So if you do this, and here's a big thing, with building the business, we're getting experts who are on the ground in whatever city like, I live in Phoenix, but I also invest in Texas and Ohio because I have experts there. I have students invest all over the country, because we have experts in those cities, because we build the business first. The experts are the ones making sure we do not buy the wrong property, they're our eyes, they're our ears, and they’re the ones checking everything. They're experts. Now, if you just rely on something like zillow.com, oh, this database says it's going to be good, you're going to be sorely mistaken, that people in these cities that are actually living there, they're the experts because the last thing you want to do is go the wrong way. Where you find a property, Oh, it looks like it's going to make me a little bit of money, you buy it, and then you try to find somebody to manage the property, and you come to realize nobody wants to manage it, because it's a really bad part of town, then you're stuck with a bad property. So what you do is you build the business first, so that they are all your checks and balances, you have everybody check on each other. Once you have that, you have a successfully running business, and every new piece of property is a piece of inventory you put in the business.
Steven: [00:26:20] Yeah. Such an interesting way of looking at it and I think there's a lot to take away from there. So let's jump into the growth rapid fire round where the questions are quick, but your answers don't need to be. So tell me Dustin, how would you define success, and what is success to you?
Dustin: [00:26:35] Success for me depends on each person, I'll give you my success. So when I was 26 years old, 27, 26 years old, my goal, my success, what I consider to be successful, was to be successfully unemployed. That was my goal. Now somebody else might be, I want literally $10 million in real estate and assets or whatever it might be, that could be their success. So here's for me, I personally wanted to never work for somebody and never have to work for somebody else again. So my measurement for success is going to be different than everybody else's, it could be the same. But my measurement for me was to get to where I was able to never work a job. From that point forward, I created another goal that's going to get me above so my next new goal after quitting my job, I love the term just over broke is your job, your living just over broke. And once you get out of that, you start buying properties, you're over just over broke, and you're making money. So my next goal is to where I'm making a million dollars a year in passive income, not just total revenue from all my properties, or total assets. I literally want my next probably 5 to 10 year goal is get 10 or sorry, a million dollars a year in passive income from all my properties. So that's what I look like is success is putting these goals, these big, huge almost outstanding goals that I can't get put in there and then I achieve those. And that's how I measure success.
Steven: [00:27:58] So I know you didn't go down the path of mentorship when you're getting started in real estate. And you realize that that was a big mistake. So what impact have mentors made on your life? And how do you go about finding great mentors?
Dustin: [00:28:12] Mentors, so when I first started investing, there weren't very many investors that were mentors or mentors that were investors, vice versa. And so what I was looking at was, you had a lot of, quote unquote, gurus that were charging literally 50, $60,000 that are literally just, it seems like they're just trying to rip off people. But I digress, I'm not going to keep going down that right. Now today, there are so many people like you have Steven here, he has a great podcast, literally showing people you can find so many podcasts on literally anything. If you want to learn how to play the piano better, there's probably a podcast on that. If you want to learn how to have chickens in your backyard, there's probably someone that is going to be able to coach you through that. I personally think that anybody can find somebody, especially in today's day and age with the technology that we have from YouTube, to podcasting to be able to find a good mentor. But a big one is just network literally. And this is what happened to me. Tell as many people as you can of what you want to do, let's say it's you want to flip properties, well, tell people that you do that. And then you'll get people around you that actually know other people and you say, hey, you should talk to this guy over here he's been flipping properties for 50 years. He's really successful. Oh, great. Could you introduce me because that would be great. My opinion network is one of the very, very best ways to actually find somebody that's going to be really, really beneficial for you in your life.
Steven: [00:29:32] Wonderful. Well, thank you so much for being here with us. Where can people find out more about you or get in touch?
Dustin: [00:29:38] Yeah, I mean, I love podcasting. I love podcasts, you can check out Master Passive Income Show where I teach literally, it's just me literally teaching on how to invest in real estate just loads and loads of content doing that. Masterpassiveincome.com you can go there as well. But I also have my YouTube channel where I talked about how I literally blew up my college degree. It's a fun, fun video that hopefully you guys -- I mean, it's literally Steven, it's a fireball flying up in the air. And if you've seen any special effects in movies where there's a big explosion and it's a fireball. It's literally because of the gasoline. So putting that gallon of gasoline on top of it, it is phenomenal. So you guys definitely have to check out that video. But that's where you can find me.
Steven: [00:30:20] Awesome. Well thank you so much for being here and I look for the next time we get to hang out.
Dustin: [00:30:24] Thank you.
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