417: Net Worth Of $5.0M - The Long Game & Paid Off RE: How a Government IT Pro Became a Real Estate Millionaire
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417: Net Worth Of $5.0M - The Long Game & Paid Off RE: How a Government IT Pro Became a Real Estate Millionaire
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Summary
Dustin shares his journey from a stable government job to becoming a successful real estate investor with a net worth of over $5 million. He is in his 40's. He emphasizes the importance of cash flow, building a business around real estate, and helping others achieve financial independence through coaching and education. Dustin discusses his investment strategies, the significance of diversifying income streams, and the lessons learned from his experiences in the real estate market.
Takeaways
*Dustin started investing in real estate in 2006.
*He emphasizes the importance of cash flow over appreciation.
*Dustin has over 30 properties, including single-family homes and apartment complexes.
*He believes in building a business around real estate investments.
*Dustin coaches others to invest in real estate and achieve financial independence.
*He prefers to have properties managed by others to scale his business.
*Dustin's goal is to help 1 million people invest in real estate.
*He believes that higher interest rates can benefit real estate investors by pricing out competition.
*Dustin encourages others to start investing regardless of market conditions.
*He aims to set up his children for success through real estate.