Living Off Rentals Kirby Atwell

Today's guest is Dustin Heiner, a successful real estate investor, host of two very successful podcasts, and author of several books on rental properties.
Dustin once worked in the county government in California. At the time, there had been some rumors that there could potentially be layoffs due to budget cuts. He'dvbeen there for 14 years, so he just dismissed the possibility of him getting laid off.
Little did he know that the day his boss called him into his office, he would lose his job just like that. Imagine your shock if, after years of service in the government, you were suddenly fired.
Dustin realized one thing once he got out of the cycle of a 9 to 5: nothing is permanent in this world. From then on, he vowed that he would never again get confronted with the possibility of losing a job and worrying about his family's future.
So, Dustin set his mind on building his own business. He is now generating passive income from rental properties and living his dream life while mentoring others on becoming successful real estate investors.
In today's episode, Dustin shares how he did this and goes over the details on what necessary steps you can take if you're interested in doing something similar.
Key Takeaways:
[01:12] Dustin’s background: what brought him into real estate
[06:06] The important realizations in his life after losing his job in the county
[12:07] On when should one decide to quit their 9 to 5 
[15:23] The steps he took to build his rental business 
[20:05] His mindset about delayed gratification
[23:48] On the different markets he’s invested in to scale his business
[28:18] What constitutes a deal?
[31:13] His advice on finding good property managers
[39:21] How does he teach his kids about money and investing
[43:25] Dustin’s perspective about going to college
[47:09] How his goals evolved over time and the new goals he’s working on
[50:36] Focusing on helping more people get started with real estate
 
DUSTIN IS HOSTING THE REAL ESTATE WEALTH BUILDERS CONFERENCE MARCH 10TH-12TH! I'm speaking at #REWBCON22! You NEED to be there in person. Real estate investing is better when you have a community of other investors around you and that is what REWBCON is all about. Hang out with me and 27 other expert investors who will show you how to be successful in investing in real estate just like us! REWBCON will be March 11-12 in Phoenix AZ. Don't miss the Closing Fiesta where we will all be partying together and making lasting relationships with other terrific investors. Use Promo code: Kirby
 
Links:
Master Passive Income Podcast https://www.masterpassiveincome.com/podcast 
Successfully Unemployed Podcast https://successfullyunemployed.co/podcast 
Get a FREE real estate investing course by sending RENTAL to 33777 or clicking this link: https://www.masterpassiveincome.com/freecourse 
Living Off Rentals YouTube Channel - https://www.youtube.com/c/LivingOffRentals 
Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals 
Living Off Rentals Website - www.livingoffrentals.com 
Living Off Rentals Instagram - www.instagram.com/livingoffrentals

Have you ever wondered what it would take to go from homelessness to becoming a successful real estate investor? It’s nothing more than the drive to become financially independent and the willingness to apply the strategies you learned.
In today’s episode, Greg Gaudet has a great story to tell about how he went from being a homeless heroin addict to a financially free rental investor. Greg’s father was a real estate developer and worked for a big corporate carnival hotels and casinos company. He lived a picture-perfect childhood, but his life slowly spiraled down when his dad passed away from pancreatic cancer. Greg was only 14 and had trouble dealing with the loss. He’s gone through the worst: getting in trouble, doing bad things, drinking, experimenting with drugs, and almost ending his life. 
Fast forward…Greg found his way back to life and made it his mission to take action and turn his life around. That’s also where getting into real estate helped him make a breakthrough and transform his life big time! 
Indeed, there is nothing we love more than rags-to-riches stories, and Greg’s struggle from being homeless to real estate investing and now enjoying his dream life in Maui is really inspiring and relatable. Join the conversation as Greg shares his journey and his secrets to getting his life back, and what part real estate has to play in his big comeback.
Key Takeaways:
02:39 Greg’s background: rebellion in the lowest period of his life
10:53 The turning point to escape the grip of addiction
18:27 Building his career and eventually transitioning to real estate
22:09 On how he took the leap in real estate investing
27:51 The steps he took to finally own a rental property…and others more
36:07 An insider on Greg’s partnership with Brandon Turner of “BiggerPockets”
41:41 Owning 11 rental units and doing flips and wholesale with a new partner
50:29 Greg’s secret process to saving 60% from his income over the years
Links:
Maui Home Buyers on Instagram https://www.instagram.com/mauihomebuyers/ 
Maui Home Buyers on Facebook https://www.facebook.com/mauihomebuyers 

Maui Home Buyers
www.mauihomebuyers.com/

Greg Gaudet’s email greg@mauihomebuyers.com 
Living Off Rentals YouTube Channel - https://www.youtube.com/c/LivingOffRentals 
Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals 
Living Off Rentals Website - www.livingoffrentals.com 
Living Off Rentals Instagram - www.instagram.com/livingoffrentals 

Joining me on the podcast today is the one and only Robert Kiyosaki, the author of "Rich Dad, Poor Dad," the most popular real estate investing book, and the number one personal finance book of all time. The book is sold in many languages and countries around the world. Robert is also a fellow military veteran. I had an instant connection with Robert the moment I read through the concepts in his book, and it totally opened up my eyes to the real estate investing world. The same is true with the majority of the last 100 guests that I've had on this podcast who pointed to "Rich Dad, Poor Dad" as the impetus for getting started. In this episode, Robert shares his journey from serving the military to becoming a prominent real estate investor and author. Robert also offers his perspective on the current real estate market and where things are heading. So, if you want to amp up your own rental property investing, this episode is for you!
[04:57] What is it about "Rich Dad, Poor Dad" that it is the number one personal finance book
[10:35] Robert's journey before and after serving in the military
[14:12] The biggest lesson he learned serving in Vietnam that helped him later on in his investing career
[17:10] What's the impact that Robert want to have by writing his book
[21:15] His take on the new bill limiting self-directed IRA investing
[22:52] Robert's insights on what is the right mix for people to be in the perfect portfolio based on all that's going on and with the economic environment
[25:53] Why Robert became a real estate investor
[32:26] Robert's tips to becoming crash proof in real estate
[38:55] On what Robert would do with the knowledge he has given that he's starting over from scratch
[44:01] Takeaways on Robert's new book, "Capitalist Manifesto: How Entrepreneurs Can Save Capitalism."
Links:
Rich Dad Poor Dad - https://www.amazon.com/Rich-Dad-Poor-Teach-Middle-ebook/dp/B0175P82RA 
Capitalist Manifesto: How Entrepreneurs Can Save Capitalism - https://www.richdad.com/capitalist-manifesto 
Robert Kiyosaki Instagram - https://www.instagram.com/therealkiyosaki/?hl=en
Robert Kiyosaki Facebook - https://www.facebook.com/RobertKiyosaki   
Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1 
Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals 
Living Off Rentals Website - www.livingoffrentals.com 
Living Off Rentals Instagram - www.instagram.com/livingoffrentals

Joining me on the podcast today is Amy Mahjoory. Amy is a long-time friend that I met through a real estate education program called Fortune Builders. 
 
She signed up for the Fortune Builders program back in 2012, but she didn’t do anything with it until 2014. She was still working for Dell at the time and decided to flip two properties to make some extra cash as a side hustle while trying to get her dream job with Nike. Surprisingly, things started to snowball, and she ended up buying, renovating, and selling ten properties in her first year…and genuinely fell in love with the business. 
Guess what happened next? In 2015, Amy became a full-time real estate investor! How awesome is that? 
In this episode, Amy shares how she started her incredible journey to financial freedom through real estate that changed her life from working for someone else, trying to climb the corporate ladder, to becoming her own boss in the industry. She’s now rocking the real estate world helping thousands of real estate investors all over the country raise private money for their businesses.
Key Takeaways:
02:03 An overview of Amy’s real estate journey
04:33 On helping other investors raise capital
05:54 How she transitioned to a new market outside Chicago
07:09 Where to focus on when you're just getting started in real estate
09:45 On eventually recognizing she’s really good at the raising money aspect
12:45 A walkthrough on her program on how to line up private money
18:58 Why buy one rental property a year when you can buy one a month, three a month, or five a month
23:22 What’s her take on where things are heading with real estate
27:08 On starting small when you’re brand new to real estate 
29:19 Her best advice to those who are just getting started in the real estate space
Links:
Raising Private Money - https://amymahjoory.com/ 
Amy Mahjoory Instagram - https://www.instagram.com/amymahjoory/ 
Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1 
Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals 
Living Off Rentals Website - www.livingoffrentals.com 
Living Off Rentals Instagram - www.instagram.com/livingoffrentals 
 

In this episode, we got with us the co-founder of the property management software, Avail(.co). It is a platform built specifically for DIY Landlords. It guides, educates, and supports lessors to a more confident and professional business.
Here to join me is Laurence Jankelow. He has demonstrated work in the real estate industry and the world of finance. Laurence dedicated 4 years of learning code to kickstart Avail(.co). 5 years after officially launching, Avail(.co) has helped over 300,000 landlords in responsibly managing their properties.
In this talk, Laurence spills the secrets on how to select and keep better tenants. This episode highlights how Avail(.co) came to be and how they’ve grown. He also shares their user-friendly optimizations on the web app. He walks us through the process from finding to screening to keeping the right tenants. Laurence gives us insight into how landlords can make the most out of their property investments by connecting with the right tenants.
Key Takeaways
[2:43] Laurence discuss the foundation of finding the right landlords as clients
[5:08] He sites the places you can syndicate this market at and be able to generate leads
[6:04] On the launch of Avail.co and how it works
[7:24] Related platforms that boost productivity
[12:16] He emphasizes the importance of training the client
[16:59] Laurence explains why happy tenants make happy landlords
[18:39] On eliminating most of the landlords’ issues on the operation
[20:11] The criteria needed to be set up for efficiency
[22:14] On the key action plans to be executed for efficient landlord-tenant transaction
[22:24] On optimizing payment and maintenance
[32:50] Developing cost accounting in the system
Links
Laurence Jankelow’s email - laurence@avail.com 
Laurence Jankelow’s LinkedIn - https://www.linkedin.com/in/laurence-jankelow-6a693343/
Avail.co - https://www.avail.co/
Zillow - https://www.zillow.com/
Cozy - https://cozy.co/
Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1
Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals
Living Off Rentals Website - www.livingoffrentals.com
Living Off Rentals Instagram - www.instagram.com/livingoffrentals

Our guest has a lot—and I mean A LOT—of experience in vacation rentals. She co-founded and still owns 2 different vacation rental management companies in Colorado.
Joining me on the podcast today is Sarah Bradford. She and her husband, Chris, run the Winter Park Lodging Company, which now manages over 150 luxury vacation rentals and the Steamboat Lodging Company. She also co-hosts the Sarah and T Podcast together with Tim Cafferty of Outer Banks Blue and Sandbridge Blue.
In this episode, Sarah shares how she started a business around vacation rentals. She then weighs in on online travel agents (OTAs), building a return guest pool, and what businesses can do to recover from tough situations. She also talks about the importance of setting goals and giving incredible customer service.

Tune in to know more about the opportunities in the short-term rental space from a management perspective.
Key Takeaways
[01:58] An overview of Sarah’s real estate journey
[08:55] How her business grew alongside the evolution of OTAs
[13:28] Look at trends in bookings, blast guests with emails every month, and communicate with guests outside of booking platforms
[14:58] Build a website, name your properties, and give your guests positive experiences so that they will be attached to the place
[18:25] On having in-house staff, treating them well, and training them properly
[21:48] How Sarah’s businesses fared during the pandemic
[26:20] Her advice on investing in vacation rentals
[31:48] On dealing with rental property owners, getting into luxury vacation rentals, and trying out new locations
Links
Winter Park Lodging Company - https://www.winterparklodgingcompany.com/
Steamboat Lodging Company - ​​https://www.steamboatlodgingcompany.com/
Sarah and T Podcast - https://sarahandt.com/
Living Off Rentals YouTube Channel - https://www.youtube.com/channel/UCRpWXe2mWqBm5vvbO2R2AdA?sub_confirmation=1
Living Off Rentals Facebook Group - www.facebook.com/groups/livingoffrentals
Living Off Rentals Website - www.livingoffrentals.com
Living Off Rentals Instagram - www.instagram.com/livingoffrentals