Foreign.
Dustin HeinerWelcome to the Master Passive Income show.
Dustin HeinerMy name is Dustin Heiner and I'm here to help you create financial freedom.
Dustin HeinerAfford anything you want in life by investing in real estate so you never have to worry about money again.
Dustin HeinerAnd in today's show, I'm bringing on a fantastic real estate land investing expert who shows us how we can invest in land, buy raw land, create passive income from it, and we talk about so much more about podcasting, about everything else in business so that you can learn how we do our business as well.
Dustin HeinerAll right, let's start the show.
Speaker AForeign.
Dustin HeinerWhat's up?
Dustin HeinerSuper blessed as always to have you here with me on the show.
Dustin HeinerNow, I absolutely love when I get to hang out with my friends now.
Dustin HeinerYou love hanging out with your friends too?
Dustin HeinerAbsolutely.
Dustin HeinerIf you get around people that you enjoy being around, it really like, lights you up as well as you, you know, just really hopefully get ideas, you get encouraged.
Dustin HeinerWell, recently I had a fantastic opportunity to hang out with a lot of my good friends.
Dustin HeinerSo I went to PodFest.
Dustin HeinerIt's a podcasting conference.
Dustin HeinerYou guys know I love podcasting.
Dustin HeinerIt's one of my favorite things to do.
Dustin HeinerNow we have the Master Passive Income podcast network where we have six shows now.
Dustin HeinerAnd here's a great one.
Dustin HeinerWe are even going to be having Master Passive Income en Espanol.
Dustin HeinerLike, we're gonna have a Spanish content.
Dustin HeinerWe're going to have a Spanish version of Master Passive Income.
Dustin HeinerAnd I know what you might be thinking.
Dustin HeinerYou may be thinking this, like, just take Dustin's voice and throw it through AI and have it speak out some Spanish speaking episodes.
Dustin HeinerNo, that's not what we're going to do.
Dustin HeinerWe are going to actually have a student of Master Passive Income.
Dustin HeinerHe's from Columbia and he said, dustin, I really want to help people.
Dustin HeinerI've done a podcast before and I really just want to help people just like you do.
Dustin HeinerSo we're going to have MPI Espanol, which is so fun.
Dustin HeinerWe have other shows coming.
Dustin HeinerBut here's another fun thing.
Dustin HeinerIn my time hanging out podfest, I reached out my good friend Seth Williams.
Dustin HeinerSeth Williams has Ari Tipster, the terrific website and podcast about land investing.
Dustin HeinerI'm encouraging him to make his site more about all types of real estate instead of just land, which it has all types of real estate.
Dustin HeinerBut I'm like, man, Seth, you can grow this to be really, really big where you're helping a lot more people to invest in all types of asset classes.
Dustin HeinerAnd so we went to PodFest.
Dustin HeinerHe's a podcaster.
Dustin HeinerHe actually has two podcasts which we will talk about on the show.
Dustin HeinerA children's podcast that my kids absolutely love, as well as a real estate investing podcast.
Dustin HeinerBut he and I and a number of all the other hosts at Master Passive Income, we just jumped on podcasts and started talking to each other about how we invest, about life and how we do business and all that sort of stuff.
Dustin HeinerAnd I thought, you know what?
Dustin HeinerThis is some fantastic stuff because I'll be completely honest, I listen to podcasts, I listen to other podcasts.
Dustin HeinerAnd that's a big reason why I like podcasts too, is because I consume podcasts.
Dustin HeinerI love it when I hear the person that I'm listening to normally, you know, week in, week out, go back and listen the things that they coach or teach or interview, but then hearing some things that they're also doing that I would not normally know.
Dustin HeinerAnd I was talking to Seth, I said, hey, Seth, let's just.
Dustin HeinerLet's just have a conversation.
Dustin HeinerThink of like a Joe Rogan conversation where they just talk about everything.
Dustin HeinerI said, let's do that.
Dustin HeinerAnd it was fantastic.
Dustin HeinerWe had a fantastic time.
Dustin HeinerWe almost forgot that we were recording.
Dustin HeinerAnd so this is kind of like a high level, I guess, conversation that I have with my friends that are other podcasters that are real estate investors.
Dustin HeinerI mean, I don't know if we said this on the episode, but both he and I, it's like so much easier just to invest in real estate.
Dustin HeinerLike, rather than coaching people, putting on conferences now, having the monthly meetups at Rubecon, doing the social media, doing the podcasts, it is so easy to invest in real estate.
Dustin HeinerIf I just went back to invest in real estate, my goodness, I would be so much further than I am now because a lot of my time now goes to real estate.
Dustin HeinerSorry.
Dustin HeinerFrom real estate into the podcast, which, don't get me wrong, I'm not saying it as a negative.
Dustin HeinerI'm saying it as I love podcasting.
Dustin HeinerThat's why it's so much easier doing something else.
Dustin HeinerI love podcasting, I love coaching, and I love helping people.
Dustin HeinerAnd obviously my conference, the Real Estate Wealth Business Conference, no sales pitch, literally just here to help you connect with other people and be a better investor.
Dustin HeinerBecause of my mission to help 1 million people to invest in real estate.
Dustin HeinerAnd hopefully you are one of those people.
Dustin HeinerIn fact, I.
Dustin HeinerWell, let me think about it.
Dustin HeinerYeah.
Dustin HeinerSo a lot of my students even, like Juan, who's doing the master passive income in espanol, he literally binged listened to every single one of my episodes of Master Passive income.
Dustin HeinerWe have 30.
Dustin HeinerThis is, I think, the 367th podcast episode.
Dustin HeinerSo he's binged that as well as Roger.
Dustin HeinerRoger Wesley is going to be taking over the successfully unemployed show for me underneath the Master Passive Income podcast network.
Dustin HeinerAnd in it is so amazing that Roger as well went through every single episode and listened from beginning all the way to end.
Dustin HeinerBecause in the end, what I want is to coach people, to help people to invest in real estate, because this is what life's about.
Dustin HeinerNow, you hopefully you've heard, if you've heard me, if this is your first episode, then I want you to hear this.
Dustin HeinerBut if you've heard me in the past, you know, I've said this, that there's so many good things about real estate investing.
Dustin HeinerI said this even at rubcon.
Dustin HeinerBut when you think about real estate investing, we think about real estate investing being a property.
Dustin HeinerWe buy a property, we make cash flow, which is absolutely true.
Dustin HeinerBut what you need to realize is that real estate is not about properties, business is not about a product, and life is not just about experiences.
Dustin HeinerWhat it is about, though, real estate is about people.
Dustin HeinerHear that again.
Dustin HeinerReal estate is about people, business is about people, and life is about people.
Dustin HeinerIt's all about your relationships with the people around you, people that you can work with, the people that you can help and change their lives for the better.
Dustin HeinerBe completely honest and say, when I quit my job, I mean, I had plenty of money coming in, I had plenty of properties, and I was just playing golf, going to the gym and having a good time.
Dustin HeinerAnd I just started feeling like I was not being productive.
Dustin HeinerI was making plenty of money because I did all my work.
Dustin HeinerRemember, we're a master of passive income.
Dustin HeinerWhen we buy one property, we master passive income because that property is doing all the work for us.
Dustin HeinerAnd that's why I have Master Passive Income.
Dustin HeinerI want to show you how to master it by buying one property.
Dustin HeinerAnd then you build a business.
Dustin HeinerYou just keep buying more properties and put it into your business as inventory.
Dustin HeinerAnd so as I am going through with Master Passive Income with a real estate wealth builders conference, I kid you not, it is a ton of work.
Dustin HeinerAnd I bet you assume it's a lot of work, put on a conference, but it's also a big risk with the hotels.
Dustin HeinerBut in the end, my goodness, if I don't take a risk, if you don't take a risk, life doesn't change if you do not buy that first property.
Dustin HeinerLet me Take that back.
Dustin HeinerLet me take one step big, big back.
Dustin HeinerIf you don't even make the decision that man, life can get better.
Dustin HeinerIf I do something differently, possibly be by investing in real estate, buying a property that makes me passive income or buying land that I can flip to sell for more or have that be a note where somebody else is paying me over time.
Dustin HeinerIf I don't take that, maybe get another job, you know, a risk.
Dustin HeinerI get another job.
Dustin HeinerA risk of going to your boss and asking for a raise.
Dustin HeinerIf you don't put yourself out in a.
Dustin HeinerIt's, you can call it a risk.
Dustin HeinerI mean, I've been calling that, but it's not necessarily a risk.
Dustin HeinerYou're taking a chance or you're putting your effort forward.
Dustin HeinerThat's a better way to say it.
Dustin HeinerYou are saying I'm going to take advantage of what's in front of me, not just waiting for things to come.
Dustin HeinerBecause if you wait for things to come, you know it.
Dustin HeinerBut I'm going to say it anyways.
Dustin HeinerThey never will.
Dustin HeinerOpportunities only come to people who are hustling the people who are working for what they want.
Dustin HeinerIf you're sitting still, your opportunity will never come.
Dustin HeinerAnd so if you've been listening to the show, let's say you started binging the show and you're already back to 367.
Dustin HeinerYou start at the beginning and you listen to all of them and you still haven't built a business, you still haven't found a property manager, you still haven't started finding mortgage brokers, haven't even put an offers on properties and you haven't bought a property.
Dustin HeinerWhat's going on?
Dustin HeinerLike this is your wake up call.
Dustin HeinerI mean this is.
Dustin HeinerWell, I rarely ever talk about the, you know, time of year, but if you're listening to this right now as I'm releasing it, this is January 2025.
Dustin HeinerYou need to change your life because right now realize, and I just got this question today.
Dustin HeinerI was helping out at a, at a mastermind, you know, helping people, coaching them as well.
Dustin HeinerAnd somebody was asking me, well, is now a good time to invest in real estate?
Dustin HeinerI said, no, it's not.
Dustin HeinerWhen is the best time or the, a good time or the best time to invest in real estate?
Dustin HeinerIt was 20 years ago.
Dustin HeinerThe next best time is literally today.
Dustin HeinerSo you need to change your life, take that risk, start investing.
Dustin HeinerDon't just keep listening.
Dustin HeinerObviously I love it that you listen to the show, but take action.
Dustin HeinerTake action also.
Dustin HeinerYou will even be more of an action.
Dustin HeinerTaker if you come to the Real Estate Wealth Builders Conference, come and join me and 40 plus of my expert investing friends and hundreds of real estate investors at a no sales pitch conference.
Dustin HeinerLiterally, it's all about you.
Dustin HeinerGo to rubecon.com the link will be in description Rubecon R E W B C O N.com use a promo code MPIPODCAST and I will literally give you 20% off your pass.
Dustin HeinerAnd I'm not really making any money on this because hotels are really expensive.
Dustin HeinerI'll tell you this.
Dustin HeinerOne gallon of gasoline, $2.50 in Tennessee, where I'm at California, maybe $5 a gallon in a hotel.
Dustin HeinerCoffee per gallon is $125 a gallon and you have 25% tax or it's not tax, sorry, it's a gratuity that is automatically put on with tax.
Dustin HeinerYou're up to $150 a gallon.
Dustin HeinerSo anyways, all that to say you, you need to take a chance.
Dustin HeinerYou need to bet on yourself.
Dustin HeinerLife's only going to get better when you change what you are currently doing for the better.
Dustin HeinerI kid you not.
Dustin HeinerAnd if you don't do that, if you don't make that change, life will never change for the better.
Dustin HeinerNow, I could keep going on and on, but I have a really good long episode and I'm going to tell you straightforward.
Dustin HeinerThis episode is long.
Dustin HeinerWe recorded for a long time because we kind of forgot because we were just brainstorming and masterminding together.
Dustin HeinerI really want you to listen to this because this is literally how I think.
Dustin HeinerHow we think.
Dustin HeinerWe're both Christ followers as well.
Dustin HeinerSo you might hear some of that in there as well.
Dustin HeinerBut also one other quick thing.
Dustin HeinerThe recording, my goodness, it was echoey, huge echo in the booth that we were recording.
Dustin HeinerSo I used AI to try to remove the echo.
Dustin HeinerAnd so sometimes it's going to sound a little off.
Dustin HeinerI apologize.
Dustin HeinerHugely apologize.
Dustin HeinerI hate, hate that the audio is a little off.
Dustin HeinerOr you might like kind of cut out stuff you'll notice at some point, like, oh, there's AI again.
Dustin HeinerBut this is a fantastic episode.
Dustin HeinerI loved this conversation.
Dustin HeinerSeth's a great guy.
Dustin HeinerLike, he's a good friend of mine.
Dustin HeinerWe help each other out a ton.
Dustin HeinerAnd so I want you to see what it's like to have good friends that are in the business with you.
Dustin HeinerEven though we don't necessarily invest together, but we brainstorm together, we help each other out.
Dustin HeinerWe're just, you know, encouraging each other.
Dustin HeinerAnd that's what I want for you.
Dustin HeinerAnd I got this by going to I met Seth at a conference.
Dustin HeinerThat's why you come to Rubecon.
Dustin HeinerRubecon is literally your place to meet people that can and will encourage you.
Dustin HeinerAnd plus, you'll hang out with me.
Dustin HeinerAnd I just.
Seth WilliamsIt.
Dustin HeinerWell, here's the thing.
Dustin HeinerIf you're an introvert and you're stuck on the wall and you're like, man, I don't know if I want to go.
Dustin HeinerI'm not going to know anybody.
Dustin HeinerYou'll see me, you know, I'm an extrovert.
Dustin HeinerGrab me and say, hey, Dustin, I need to meet some people.
Seth WilliamsI said, yes, let's go.
Seth WilliamsGo.
Dustin HeinerI'm going to help you.
Dustin HeinerI love doing it.
Dustin HeinerOne of my favorite things.
Dustin HeinerSo I'm super pumped to bring on my friend Seth Williams from Ari Tips for Podcast, where we talk about everything under the sun of what we do in our businesses.
Dustin HeinerAnd I want you to experience what it's like when you meet another real estate investor at an event and you become friends and you start encouraging each other, and then you create long friendships from that.
Dustin HeinerAll right, now here's the episode with my friend Seth Williams.
Speaker ASo Dustin and I are hanging out at the Podfest conference in Orlando, 2025.
Speaker AIt's a podcast, a conference for podcasters.
Speaker AI've never been here.
Seth WilliamsYou have two podcasts?
Speaker AYeah, I got.
Speaker AI got two totally unrelated podcasts.
Seth WilliamsSo you're a podcaster.
Seth WilliamsWould you consider yourself a YouTuber or a podcaster?
Seth WilliamsOr both, maybe?
Speaker AYeah, I mean, both.
Speaker ABut I think YouTube things, what I've tried harder and spent more time on, so I don't know.
Seth WilliamsI mean, I.
Seth WilliamsBut I remember it was like.
Seth WilliamsIt was like two years ago, maybe even maybe three years ago.
Seth WilliamsI sent you a quick message.
Seth WilliamsI'm like, dude, your YouTube is awesome.
Seth WilliamsLike.
Seth WilliamsLike, your videos are really good.
Seth WilliamsBut then it's like you have two podcasts.
Seth WilliamsNow you have one YouTube, two podcasts.
Speaker AYeah, it's interesting.
Speaker ALike, once you develop the skill set and just the knowledge base of how to do it, like, it becomes exponentially easier to do it again, even if it's totally unrelated.
Speaker AIt's just like, hey, like, I can do that.
Speaker AThe average person can't or won't do it.
Seth WilliamsJust like buying your first house, buy your first piece of land.
Seth WilliamsOnce you do it, like, you've proven to yourself that it's possible and you're not scared.
Seth WilliamsMaybe.
Seth WilliamsYeah, you're gonna be scared, but you're not gonna be as scared.
Seth WilliamsFirst time, like, hitting record for the first Time on the podcast or, you know, setting the first up or sending your first direction.
Seth WilliamsIt's scary, this place.
Seth WilliamsJust like riding a bike.
Seth WilliamsYou get used to it.
Speaker AI know.
Speaker AYeah.
Speaker AIt's like, it would almost be a shame if you didn't do it again because, like, it took you so much work to get free space.
Speaker ALike, why not keep going to the next one?
Seth WilliamsWell, and so, like, I think and we were literally just talking about this because we were like, how should we take this conversation?
Seth WilliamsWell, I know that my listeners for my podcast, the master passive income podcast, yours is re tips.
Seth WilliamsYour podcast, you have storyline podcasts.
Seth WilliamsYou coach people how to invest in land.
Seth WilliamsI coach people out of single family homes.
Seth WilliamsStart thinking, how are we going to take this conversation?
Seth WilliamsBecause we think of our audience.
Seth WilliamsWhere are they going on?
Seth WilliamsWant to hear?
Seth WilliamsWell, most people, I won't say most people.
Seth WilliamsLiterally, this is what we've learned at PodFest, or I've learned many, multiple times.
Seth WilliamsPeople come for the content.
Seth WilliamsLike, they find the content, but they also stay for the host.
Seth WilliamsThey stay.
Seth WilliamsThey want to keep listening to the host.
Seth WilliamsAnd this is amazing.
Seth WilliamsSo I put on an event for my, like, community, and I bring my friends, like you and other investors who come speak.
Seth WilliamsI.
Seth WilliamsWe have more people coming to see you at events and you and I have even a bit at conferences that other land investors.
Seth WilliamsYou're like, hey, I'm here and I'll be here for like an hour at this one, I don't know, restaurant or something.
Seth WilliamsYou want to come hang out?
Seth WilliamsPeople fly.
Seth WilliamsJust hang out with you for like 30 minutes.
Speaker ACrazy, man.
Speaker AIt's amazing.
Speaker ABut, yeah, it's crazy.
Speaker AIt's.
Speaker AYeah, it's awesome.
Seth WilliamsWell, this thing has like, those people that do that.
Seth WilliamsAre they obviously the land investors or.
Seth WilliamsThey're investors.
Seth WilliamsI want to connect with you.
Seth WilliamsDo they.
Seth WilliamsHave you noticed?
Seth WilliamsDo some of them or most of it come from the podcast.
Seth WilliamsMost comes to YouTube.
Seth WilliamsThey found you on YouTube.
Seth WilliamsThey found you on podcast or maybe combination.
Seth WilliamsYou should.
Speaker AYeah, I think it's a smattering.
Speaker ASo a little bit of everything.
Speaker AYeah.
Speaker AI almost wonder because a lot of times when these things happen, we come together.
Speaker AI only spend a few minutes talking to each person, but I see them all talking to each other.
Speaker AI almost feel like that's where the real value is.
Speaker AMe, it's like, look, there's this community of other people doing the same thing.
Speaker ASo, yeah, really cool.
Speaker AThey probably find me from all kinds of different places.
Seth WilliamsThe Storyland podcast, my kids, you really, really love it.
Seth WilliamsThey keep waiting Even my kid.
Seth WilliamsWell, we're homeschooled.
Seth WilliamsAnd also, I don't that my kids consume lots and lots of media.
Seth WilliamsAnd so when they listen to the podcast, they're still kind of young at heart too, because we don't let them just watch and consume anything.
Seth WilliamsAnd so when the new storylight episode comes out, they're all excited.
Speaker AYeah.
Speaker AThank you for being.
Speaker AYou're like, one of the early adopters.
Speaker AWhen I first started talking about it, you were.
Speaker AYou just totally dove in.
Speaker AIt was awesome to hear that your kids were liking it.
Speaker AAnd yeah, it's a ton of fun.
Speaker AIt's kind of weird because I, like, I can just make this stuff up.
Speaker ALike, there's kind of an endless supply if I have time to just make up stories.
Speaker AAnd it's cool to see that people like it.
Seth WilliamsI can't do that.
Seth WilliamsI literally do not have the creativity to create something.
Seth WilliamsNow, if I forced myself to sit down and do it, I probably could, but, man, it does not come easy.
Speaker AOn that note, of all these different things that we do, you know, I've got multiple different endeavors.
Speaker AYou got the same thing.
Speaker AWhen I think of you, I think of Master Passive Income, successfully unemployed.
Speaker AAnd each of those things have their own, like, YouTube and podcast and stuff.
Speaker AYou've got Rubecon, which is really turned into a big thing.
Speaker AYou've got your rental properties, which is where it all started.
Speaker AWhat do you think?
Speaker AWhich of those things is, like, the most impactful?
Speaker ALike, if you were forced to only do one of them, like, what would be the one that you'd say, this is the most worthwhile of everything.
Seth WilliamsSo the Real Estate Web Brothers Conference is terrific.
Seth WilliamsWe connect so many people.
Seth WilliamsI've seen so many lives change from it, but it would not be here if it wasn't for this one other thing.
Seth WilliamsMaster Passive Income, all the coaching.
Seth WilliamsWe got a thousand students now becoming successful investors, buying real estate, graduating like Plan M, playing Monopoly.
Seth WilliamsUm, that's great.
Seth WilliamsBut it would not be here if it wasn't for this one thing.
Seth WilliamsUm, And I know YouTube is not doing much for.
Seth WilliamsYeah, do get people coming and watching YouTube, but if it were one thing, it would have to be the podcast.
Seth WilliamsAnd this is.
Seth WilliamsIt's the Master Passive.
Seth WilliamsSorry, yes.
Seth WilliamsSpecifically, Right.
Seth WilliamsMaster Passive Income Podcast number one.
Seth WilliamsI put the most.
Seth WilliamsI would say passion into it, but it's like, it's what I really enjoy doing, but also put passion into it.
Seth WilliamsAnd I.
Seth WilliamsI really try to help and educate people.
Seth WilliamsAnd with the Master Best of Income podcast, it's literally 90 of solo shows.
Seth WilliamsYou've been on 4 a lot because they're friends, they're.
Seth WilliamsI was like, hey, let's.
Seth WilliamsI want to bring you on, see how you're doing.
Seth WilliamsAnd so the podcast, because as I wrote a blog article, I would see the analytics a minute, maybe a minute and a half.
Seth WilliamsThey get just stay looking at stuff and then they're gone.
Seth WilliamsI do get some people that want to connect after that, but YouTube, let's say I make a 12 minute video.
Seth WilliamsLiterally.
Seth WilliamsTch.
Seth WilliamsIf you.
Seth WilliamsThey might stay five minutes, four and a half, five, maybe six minutes.
Seth WilliamsI know you're probably better at it.
Seth WilliamsYou're really good at it, at it.
Seth WilliamsBut, but the podcast, let's say 100 of the people start, start 30 minutes later or whenever the podcast episode's done.
Seth WilliamsI absolutely have 80% of the people still listening to the episodes.
Seth WilliamsI'm like, man, it's 30 plus minutes or longer that I'm helping somebody that they're staying.
Seth WilliamsSo everything came like, well, let me, let me back it up.
Seth WilliamsWalls of all steps.
Seth WilliamsSo Roopcon definitely came for the podcast, the conference, the clubs that we have, the coaching that we have.
Seth WilliamsBut that all started with my real estate investing.
Seth WilliamsLike you, even the podcast, like, everything centers around my real estate investing and how I invest in real estate and it kind of grows and adapts.
Seth WilliamsLike I started with single family homes, bought enough properties where I didn't have to work anymore, started successfully unemployed or sorry, was a successful employee, started a master passive income podcast, successful, employed podcast.
Seth WilliamsBut I realized that if I keep all of my work time effort focused around my investing, like as I grow, let's say I grow into what I have grown into, a multifamily like commercial or real estate, then that the content starts coming out.
Seth WilliamsThen we start helping people in that regard.
Seth WilliamsAnd so everything centers around my real estate investment because that's where I make money.
Seth WilliamsNow I do make money through, you know, coaching and stuff like that and somebody or no.
Seth WilliamsI asked my wife say, hey honey, we got plenty of money coming in and you know, should I coach people for free?
Seth WilliamsAnd she said, no, you better not.
Seth WilliamsIf you're going to do, don't do it.
Seth WilliamsJust stay home and homeschool the kids.
Seth WilliamsThat's valid.
Speaker AYeah, well, it's, that's the thing about coaching is I think a lot of people don't understand it's actually kind of a costly thing for the coach when you consider the time they put into it, what their time is worth.
Speaker AAnd also like how Many years.
Speaker AAnd, uh, was what they had to go through to have the knowledge that they can then deliver through coaching.
Speaker ALike, it's.
Speaker AThere's a lot that goes into it.
Speaker AI think a lot of people don't necessarily see that.
Speaker AThey just see a big expensive price tag.
Speaker AAnd you know, well, just like you.
Seth WilliamsGo to obviously say you bring in somebody who does H Vac, you know, heaters or ever edition stuff, you get somebody that does H vac, come into your house to fix your H Vac.
Seth WilliamsWell, you can't fix it because you don't have all the years doing it, the education, the experience and history doing it.
Seth WilliamsSo you're not just paying for that hour coming in.
Seth WilliamsYou're paying for all the past history.
Seth WilliamsJust like a doctor, hey, doctor, you know, sews you up by the.
Seth WilliamsYou cut yourself and you get stitches and stuff.
Seth WilliamsYou're not paying for that.
Seth WilliamsYou know, those ditches specifically as well as the hour or 30 minutes.
Seth WilliamsYou're paying for all of his extensive history and experience to get to that point to be able to take care of anything you need.
Seth WilliamsAnd so that's what's interesting about coaching.
Seth WilliamsI've literally spent my life doing this and I've lost so much money doing it the wrong way.
Seth WilliamsSo it took me about nine years eventually because financially independent and I probably lost 50, 60, 70, just thousands of dollars doing it the wrong way.
Seth WilliamsI would gladly have given up that 50, $60,000 paid somebody that would help me, that would make my nine years turn into three or four or five, like short time.
Seth WilliamsIt's fast tracking and I want to.
Dustin HeinerPause for a quick second and share that honestly, I really want you to invest in real estate.
Dustin HeinerNow.
Dustin HeinerMy new goal is to help 1 million people invest in real estate.
Dustin HeinerSo two things I would ask from you.
Dustin HeinerNumber one, if you get anything out of this episode, please share it with somebody else.
Dustin HeinerNumber two, I want to get you to invest in real estate.
Dustin HeinerGet my real estate investing course, absolutely for free.
Dustin HeinerText the word rental R E N T A L to 33777 rental to 33777.
Seth WilliamsI'll literally give you my course, show.
Dustin HeinerYou how to find the area of the country to invest, how to build the business first.
Seth WilliamsYou know, I always talk about that.
Dustin HeinerAnd how to find the right properties, how to make sure you're getting experts.
Seth WilliamsDo the work for you and scale.
Dustin HeinerThe business to where you're making $250 or more in passive income.
Dustin HeinerScale it to quit your job.
Dustin HeinerI'll literally get to you or go to masterpassiveincome.com freecourse but I really, really want you to invest in real estate.
Seth WilliamsBecause the more that actual normal, everyday people own real estate that are good.
Dustin HeinerLandlords, the better everybody's life gets.
Seth WilliamsAnd so that's something that's interesting for me is my students, like, it took me nine years, cost me a lot of money.
Seth WilliamsThe school of hard knocks is cost a lot of money.
Seth WilliamsBut my students are doing it like three and four and five years because they fast tracked it.
Seth WilliamsJust like your students know some of your students.
Seth WilliamsI'm like, wow, that person is doing really, really good because they had somebody help them to get that leg.
Speaker AI got.
Speaker AYeah, yeah, totally, man.
Speaker ASo you got not just the mass Passive income podcast, but like a whole network of podcasts, which has been kind of a big, kind of an aha moment for me.
Speaker AI just never thought about that, about having several related podcasts all under one roof.
Speaker AWhat are all the podcasts now?
Seth WilliamsYeah.
Seth WilliamsSo honestly, it was out of necessity.
Seth WilliamsSo I'll answer a question, but I'll get to reason why it's out of necessity.
Seth WilliamsSo there's breakthrough investors, Charles and William, my students who are coaches.
Seth WilliamsI was like, you need a podcast because people need to learn from you too.
Seth WilliamsWe have the Passive income life with Zach Zimmer.
Seth WilliamsHe is just like me in investor status size, meaning we, we just make our money through real estate.
Seth WilliamsAnd he's teaching advanced investing, like node investing.
Seth WilliamsRight.
Seth WilliamsAll that sort of stuff.
Seth WilliamsWe have Real Escape kind of playing words.
Seth WilliamsReal Escape Podcast.
Seth WilliamsReal Escape Investing podcast.
Seth WilliamsThat's Terry Shower.
Seth WilliamsShe's up in Canada.
Seth WilliamsSo if I have any Canadian students, I send her up there or send them up to her and vice versa.
Seth WilliamsShe sends people down here.
Seth WilliamsWe also have YouTube passive income because it's like, I have a good friend that teaches passive income on YouTube and he's great and he wants to be a part of it.
Seth WilliamsLet's do it then.
Seth WilliamsWe're also creating the master pass of Income Espanol because there's a lot of Spanish speaking people and I have a student who's doing so well and wants to be a part of it.
Seth WilliamsBut it came out of necessity and what it really was.
Seth WilliamsI knew that people wanted to learn other things other than single family homes.
Seth WilliamsMaybe they want to learn Airbnb, maybe they wanted to learn, you know, apartment complexes, whatever it might be.
Seth WilliamsAnd I personally did not want to coach those things.
Seth WilliamsYou want to talk about those?
Seth WilliamsI don't want to talk about multifamily because I'M not.
Seth WilliamsI don't feel like I'm an expert.
Seth WilliamsI have a couple of them, but at the same time, they're better people that we have.
Seth WilliamsOh, we also have one more.
Seth WilliamsMore the MPI Multifamily podcast, where it's all about commercial real estate investing.
Seth WilliamsAnd it was out of necessity because I had so many people wanting to learn more, but I'm limited and I don't want to teach that stuff.
Seth WilliamsSo I just grabbed people that said, hey, I want to be doing what you're doing.
Seth WilliamsI want to help people.
Seth WilliamsAnd they.
Seth WilliamsI said, hey, here's what we could do.
Seth WilliamsAnd that's how it started out of necessities.
Seth WilliamsBecause people wanted it, I wasn't going to do it.
Seth WilliamsLet's bring other people in because now they're the experts too.
Seth WilliamsYeah.
Seth WilliamsYeah.
Seth WilliamsThat's awesome.
Seth WilliamsI think Ari Tipster is easily voice to do this.
Seth WilliamsIn fact, well, we were chatting about it that Ari Tipster is a lot about land.
Seth WilliamsBut I mean, I think people, obviously, they go there for land.
Seth WilliamsThere's so much more in there that's not just land.
Seth WilliamsAnd I think the only thing that's needed from for you is to have some other people around you.
Seth WilliamsIt's kind of like with me, like you met, you stayed there being a B7 of us.
Seth WilliamsSo staying there, you see how it is and you get the right people that's just you guys want to hang out with.
Seth WilliamsThese are good people.
Seth WilliamsAnd then more than likely.
Seth WilliamsWell, let me ask you, do you think that there's somebody, one person inside of your audience now that you either students or audience that may have something to offer that?
Speaker AAbsolutely, yeah.
Speaker AActually, I've already like plotted out like four different podcasts we could create.
Speaker AThey just kind of go down different.
Speaker ADifferent angles that have to do.
Speaker AI mean, maybe they have to do with land investing, maybe not.
Speaker ABut I know there's definitely interest in our audience about these things.
Speaker ASo it's like one of the first things on my list when I get back is to start exploring that, talking to those people and say, hey, do you think you'd like to do this about this topic?
Speaker AAnd some of them might.
Speaker ASome of these people I have in mind, I'm almost positive they would say yes.
Speaker AOthers, I'm not totally sure.
Speaker ABut it's just a great idea, though, to leverage the existing audience and a lot of the expertise that I don't necessarily have.
Speaker AI have some, but like, they're way smarter than I am, so why not let them.
Seth WilliamsYeah, bigger voice and somebody listening to this might be thinking, well what would they have to gain?
Seth WilliamsAre they going to get paid?
Seth WilliamsWhat do they have to gamble?
Seth WilliamsI kid you not, just by being around you, they're gonna have so much to gain because hey William, this is where I'm going.
Seth WilliamsYou might help me out real quick.
Seth WilliamsOh yeah, we're friends, work for us.
Seth WilliamsI'm gonna help you out.
Seth WilliamsYeah, that's what I do with all my people.
Seth WilliamsBut at the same time, having a an awesome radical podcast elevates the next fast.
Seth WilliamsLike my podcast master Passive Income.
Seth WilliamsI have an audio scan and my audience is given basically to all the other podcasts.
Seth WilliamsIt's like we with everybody else and that elevates that up tremendously because they now have their own audience.
Seth WilliamsBut it became for me they didn't have to build it up or ground up and now they look at as a better investor.
Seth WilliamsNow the network grows.
Seth WilliamsAnd so honestly, if you were asking me, hey Dustin, would you want to do.
Seth WilliamsThat's me.
Seth WilliamsMaybe I'm be a beer.
Seth WilliamsThat would elevate me even more.
Seth WilliamsAnd so anybody like let's say somebody's listening to us and they think, you know what, I might have something to offer, man, you get so much in return by being around people that are doing.
Speaker AYeah, yeah, for sure, man.
Speaker ASo I am curious with the rental property investing stuff.
Speaker AI know you started this many years ago now.
Speaker AThe market was different, the world was different.
Speaker ALike me, you've been just been doing this for a decade plus.
Speaker AHow has that changed?
Speaker ALike when you think about people getting into it right now versus the way it was when you started, like is it harder?
Seth WilliamsIs it easier?
Speaker AIs it just different?
Seth WilliamsHow is it?
Seth WilliamsIt's just the numbers are different.
Seth WilliamsIt's the same, I guess would you say level of ease or hardness?
Seth WilliamsIt's the same.
Seth WilliamsIt's really a simple process.
Seth WilliamsIt's a simple like it's easy but it's simple.
Seth WilliamsIt's not complex.
Seth WilliamsAnd the numbers are just different.
Seth WilliamsPrices are higher, interest rates are different or higher.
Seth WilliamsYou need to work a little harder to find a good area that has good price to rent ratio.
Seth WilliamsYou know, you hopefully buy the house for a little lower, rent it for more.
Seth WilliamsYou beg passive income make cash flow every single month.
Seth WilliamsAnd so what I've seen in the changing is people that want to be an investor, they feel like they're out of the market because prices are too high, interest rates are too high and all that sort of stuff.
Seth WilliamsWell, it was very easy back in 2012, 2010, 2012, like when it was really just stumble on a house and make money.
Seth WilliamsBut when you're at I think it seems like the top of the market, it's much harder.
Seth WilliamsSo you have to do investor type stuff.
Seth WilliamsGot to get on wholesalers phone lists, they're going to call you, hey, I have a property, you want to buy it?
Seth WilliamsYou have to do direct mail.
Seth WilliamsI know you land, you guys do lots of direct mail.
Seth WilliamsWhich my people can learn from that.
Seth WilliamsWe don't do direct mail because, well, I'm gonna say that very rarely do we direct mail because we have wholesales.
Seth WilliamsThey are the ones that do all the work we like I most people even I did, I had a job.
Seth WilliamsI didn't have the ability to just constantly be talking to sellers and sellers.
Seth WilliamsIf a wholesaler and if you don't know what a wholesaler is, somebody who finds a seller and then they find a buyer and they put them together and they make money kind of like a realtor but without a license.
Seth WilliamsWell, if a wholesaler came to me and said, hey Dustin, I have this project equity, would you want to buy it?
Seth WilliamsI'll look at it.
Seth WilliamsI don't care if they make 5, 10, 15, $20,000.
Seth WilliamsI don't care if the property I buy makes me money in cash flow and I'm not overpying.
Seth WilliamsLet's say this, you know, give you example.
Seth WilliamsLet's say a going grade for a certain property is $150,000.
Seth WilliamsWell if they get it for $60,000 and they mark it up 20,000 and I'm paying 80 and I fix it up for another 20, I'm in $100,000 but it's worth 150.
Seth WilliamsLike I don't care.
Seth WilliamsYou did a great job.
Seth WilliamsYou got the price low.
Seth WilliamsYou're getting paid for what you're watching.
Seth WilliamsSo the only thing that's changed is the numbers.
Seth WilliamsBut the ease of doing it, sorry.
Seth WilliamsThe simplicity has not changed.
Seth WilliamsIt's harder to find because there are more people that are investing and people that don't know how to invest aren't investing.
Seth WilliamsSadly enough we listen to this tick Tock and Instagram gurus.
Seth WilliamsI could buy an Airbnb for $800,000, you know, a full time salary by renting an app like sadly you're gonna get cricket trick.
Seth WilliamsOne quick last thing I'll say is if somebody's going to the Airbnb route, it's totally great.
Seth WilliamsBut just realize is how saturated everything is.
Seth WilliamsPhoenix has literally, I want to say it was like 80,000 in.
Seth WilliamsOh, sorry.
Seth WilliamsAll of Arizona.
Seth Williams80,000 Airbnb or short stream listings in Arizona.
Seth WilliamsSo if you're thinking, I'm gonna buy an Airbnb in Arizona, I'm gonna get it, it's saturated.
Seth WilliamsSo those are the number one things that I've seen.
Seth WilliamsBut one quick last thing, people might say, interest rates are so high, my goodness, that's, that's really hard.
Seth WilliamsNo, it's not.
Seth WilliamsBecause I don't pay my interest, I don't pay my taxes, I don't pay my mortgage, I don't pay for repairs, I don't pay for my property manager.
Seth WilliamsLike I don't have to get a job to do that.
Seth WilliamsMy tenants pay for me.
Seth WilliamsSo I have the rents.
Seth WilliamsI make sure my expenses are lower than that.
Seth WilliamsThat's my cataphy, the difference before I buy the product or equity.
Seth WilliamsAnd then when I buy it, I make sure those expenses are paid for.
Seth WilliamsYou know, come in rents and I pay it out to everybody else.
Speaker AYeah, yeah.
Speaker AJust talking to Zach Zimmer, you talking about the rent to own strategy.
Seth WilliamsDo you ever do this?
Seth WilliamsI have probably about seven properties that are rent to own.
Seth WilliamsAnd a big reason why I did that was these.
Seth WilliamsThis is in Youngstown, Arizona, at Youngstown, Ohio.
Seth WilliamsAnd I would not recommend anybody invest in Youngstown, Ohio.
Seth WilliamsWould not like, say, hey, yes, this is great.
Seth WilliamsThis is where I first bought because I had no clue what I was doing.
Seth WilliamsVery economically depressed homes at the time.
Seth WilliamsI was buying homes for like $12,000 back in 2010.
Seth WilliamsNow they're worth 50,000, which is great appreciation.
Seth WilliamsBut I still make cash flow.
Seth WilliamsSo I do the rent to own on properties that I don't want to own in 10 years, just like Knobly, you trade up and eventually get to better properties.
Seth WilliamsAnd so now those properties that are, let's say, cash fueling, 500 bucks a month, thousand dollars a month, whatever it might be if doing rent and own.
Seth WilliamsIt's great that I don't have any expenses because I tell the new, hopefully owners, but the tenants, I say they think of me like the bank.
Seth WilliamsI'm just the people.
Seth WilliamsThis is your property.
Seth WilliamsAt the furnace goes, that's your responsibility.
Seth WilliamsRoof goes out, is your responsibility.
Seth WilliamsElectricity, everything is your responsibility.
Seth WilliamsYou want to paint it, just let me know.
Seth WilliamsYou're not going to be painting it purple or, you know, pink or something like that.
Seth WilliamsSo I.
Seth WilliamsBecause it's my property still.
Seth WilliamsBut the rent tolerance strategy is terrific because you have no expenses, but you have all the income and properties you don't want to own in 10 years or however long, 15 or whatever you turn it.
Seth WilliamsThen you can put that money into something else and you have huge cash fast.
Speaker AYeah, yeah, yeah.
Speaker AIt sounds like with the rent to own route, like even though they have the ability to own it, like most of the time they don't end up owning it.
Speaker AIt's like it's kind of a small percentage that actually makes it to that point.
Speaker AI know, it's just pretty fascinating talking about.
Speaker ABy the way listeners, if you haven't heard that, I'll include a link to Zach's interview beneath this.
Seth WilliamsThis here.
Speaker ABut yeah, it just got me thinking a lot more about maybe I should do something like that.
Speaker AI mean I.
Speaker AI'm not really looking for rentals at this point.
Speaker ABut the whole rent to own path, the fact that the property management load is a lot lighter because that potential owner or the tenant, it's kind of up to them to take care of it all, you know.
Seth WilliamsYeah.
Seth WilliamsSo I.
Seth WilliamsOn those properties, I don't have a property manager.
Seth WilliamsLike I think I'm using apartments.com was cozy now park stock.
Seth WilliamsBut I would probably use a company like Turbo Tenant and just collection of the rent.
Seth WilliamsRent, awesome grinding tenant.
Seth WilliamsThose working out really, really well.
Seth WilliamsBut yeah, I love not having expenses.
Seth WilliamsThat's a really big deal.
Seth WilliamsNot having expenses.
Seth WilliamsNo, you don't have a property in however long the term.
Seth WilliamsBut yeah, ongoing.
Seth WilliamsYou don't have any ongoing maintenance, pay for a property manager, all that sort of stuff and you have somebody.
Seth WilliamsHere's one quick last thing too.
Seth WilliamsIf like Youngstown, it's very economically depressed.
Seth WilliamsWell, if everybody's a renter and nobody cares about the neighborhood, so neighbor neighbor's going down.
Seth WilliamsIf people own, they actually have pride of ownership and they want to take care of the property.
Seth WilliamsDoes that make sense?
Speaker AYou were talking a little bit about Turbo Tenant.
Speaker AWhat do you think is the like the best.
Speaker ABut what property management software do you use these days?
Speaker AI don't hear about them all the time.
Speaker AI get them reach out to me wanting to promote them.
Speaker AWhich is funny because I don't really talk much about rental properties anymore.
Speaker ABut like what do you think is the best one out there right now?
Seth WilliamsThe one that I've seen that I like the most because there's quite a few.
Seth WilliamsI only bring up the other ones.
Seth WilliamsBut Turbo Tenant has been pretty good.
Seth WilliamsThey've been pretty good.
Seth WilliamsThey have.
Seth WilliamsThey've been growing and building out their systems and they have a leasing tool.
Seth WilliamsSo if you're going to be doing your own property management, which is what turbo tenant would be for?
Seth WilliamsThey.
Seth WilliamsIt creates and it's like a wizard that you walk through, answer questions and it creates a lease, an actual lease for you and then you just kick a button and it emails to them.
Seth WilliamsI think DocuSigns, I'm pretty sure docusigns it and sends it back to you.
Seth WilliamsDoc.
Seth WilliamsSo simple.
Seth WilliamsAnd they have lawyers that have every single state created release for that state.
Seth WilliamsWow.
Speaker AYeah, that is nice.
Speaker AThey handle tenant screening, rent collection, all that stuff.
Seth WilliamsYes.
Seth WilliamsYeah.
Seth WilliamsAnd the tenant screening, I mean it's really.
Seth WilliamsThey do a background check on the tenant.
Seth WilliamsThey also check for evictions, all that sort credit.
Seth WilliamsBut in the end it's all on one screen which is really good.
Seth WilliamsThey're also got the accounting type software too.
Seth WilliamsThere's.
Seth WilliamsThey've been really, really good.
Seth WilliamsI've seen them put effort like apartments.com.
Seth Williamsthey don't put any effort behind their property management.
Seth WilliamsIt's like basically a dead dead thing.
Speaker AThat's basically what cozy used to be, right?
Speaker AApartments.
Seth WilliamsYeah.
Speaker AYeah.
Speaker AIt is amazing though.
Speaker AI don't know why any landlord or rental owner these days would not be using something like that like the software out there.
Speaker AThere's so many options that make it so much easier than it used to be with all the rent collection stuff.
Seth WilliamsAnd the only thing that I would say that a reason why I don't use it on all my properties because I hire property managers and they have buildium or software, property management software that they, they take care of everything.
Seth WilliamsBecause I don't want to property manage.
Seth WilliamsI really really don't.
Seth WilliamsI love not working.
Seth WilliamsI love passive income.
Seth WilliamsThat's why I have badger Passive income was because I wanted to do other things and manage my properties.
Seth WilliamsAnd when I buy the property, I don't buy it unless the property manager have already vetted and said hey, would you manage this?
Seth WilliamsHow much will it rent for it?
Seth WilliamsWas the clientele like all that sort of stuff?
Seth WilliamsThey say no, I won't manage it.
Seth WilliamsThen you don't buy it.
Seth WilliamsYou don't waste your money because it might be a bad area.
Seth WilliamsIn fact some people said yeah, I tried to find a property manager and they said they wouldn't manage it because they'll get shot.
Seth WilliamsThat error Eric's Then I'm glad you would have a liability of an asset.
Seth WilliamsSo.
Seth WilliamsSo that's for me it's like, it's like first I try to get a property manager.
Seth WilliamsI'm sorry I first I focus on getting property manager.
Seth WilliamsBut if one turns into a rent to Own or I've owned it for a long time and I can manage it myself because like oh my house in Phoenix, I have that as a midterm rental.
Seth WilliamsThat's where you went over 30, 60, 90 days long.
Seth WilliamsTraveling executives, those you make a lot more money than long term.
Seth WilliamsGive you example, $2,100.
Seth WilliamsThey could rent my laundromat property, but I'm getting 3,500.
Seth WilliamsBut you got to remember you get more expenses.
Seth WilliamsElectricity is in your name, wi fi or Internet's in your name, things like that.
Seth WilliamsSo I'm probably making about 600, maybe to $800 more by doing the midterms and I don't have to worry about short term which is lease is changing over.
Seth WilliamsBut anyway so I have that one property and then with that I bought a new house to listen that is paying my mortgage on this next one which is great because that bless the house free if you're free and clear.
Seth WilliamsBut that's what I love about real estate is you can trade up.
Seth WilliamsSo the Phoenix one is paying for my one in Tennessee right at the rent.
Seth WilliamsWe're going to buy a new house and move into that one.
Seth WilliamsAnd that Tennessee house is short term property.
Seth WilliamsIt was already rented short term.
Seth WilliamsThat's going to pay for my new house.
Seth WilliamsSo it's a boom, boom, boom and then keep doing that over and over again.
Seth WilliamsJust one of many strategies.
Speaker AYeah, interesting.
Speaker AHow much time does it take you to run your rental property business each week or month?
Seth WilliamsI would say it's probably about 30 minutes a month.
Speaker AYeah, that's just like what checking financials to see what happened if there's any.
Seth WilliamsCheck got in my bank account like okay, got the check make look at the statement maybe if there's anything going on because you even though you find, you try your best to find a really good property manager because they're your bread, your quarterback.
Seth WilliamsIf you don't have a good quarterback on your team, it's going to be bad.
Seth WilliamsSo my best property managers I keep and bad ones I get rid of and I find a good one.
Seth WilliamsBut then you just look at make sure that they're doing everything you want them to do.
Seth WilliamsBut just by looking at the statements, that's literally all you need to do.
Seth WilliamsDid rent come in, how are the expenses and then put it away and go back to doing other things.
Seth WilliamsThat's honestly how I was able to build massive, massive income.
Seth WilliamsRootcon, the rest of webzools, conference, all that sort of stuff and podcast, you know, talk to good people like you and get, make new friends because I didn't have to focus on my business.
Seth WilliamsZach, on the other hand, is the one thing I'm trying to help him.
Seth WilliamsSo definitely everybody should go back and listen to Zach's episode.
Seth WilliamsHe's really, he's got, he's been investing for a long time, just like me.
Seth WilliamsBut at the same time I was trying to help him.
Seth WilliamsI said, you know what, you have your rental loans, you manage those yourself.
Seth WilliamsHe says, well, you know, three quarters of the year I don't do much but, but what about that one quarter of the year you're doing a lot like you have an active getting dentists, getting new people in, all this sort of stuff.
Seth WilliamsWhy don't you hire somebody, a property manager to make sure it gets done?
Seth WilliamsWell, you know, let's say 40 properties.
Seth WilliamsI'm going to be out $5,000 a month at $60,000 a year I can make up.
Seth WilliamsBut if you think about it to scale, your time is the limiting factor.
Seth WilliamsYou don't have enough time to get to 80 or 100.
Seth WilliamsIf you got to a hundred, you don't have the time personally to get there.
Seth WilliamsSo you're, you're gonna be stuck 60s however, and then you're gonna be busy all year long.
Seth WilliamsHow much better would be be take that 60 grand they could already into your expenses because you know, I pay for this before I buy it.
Seth WilliamsAnd then you have, you hire an entire employee 60 grand.
Seth WilliamsSo he lives in Akron.
Seth Williams$60,000 a year for somebody lives in Akron is really good money.
Seth WilliamsAnd that's, that's great money.
Seth WilliamsAnd you can have a full time employee the entire year doing work for you and then you can continue to scale your business.
Seth WilliamsYeah.
Speaker AYeah.
Speaker AInteresting.
Speaker AWhat do you think is your unfair advantage when you think of all the stuff you've done, success you've had with rentals and Rubecon and mass passive income and can you think of anything that like you're really good at that the average person isn't?
Speaker AAnd sometimes it gets really hard to even identify because to you it seems normal because it's you.
Speaker ABut can you discern or think of anything like I've done really well because I'm good at this.
Seth WilliamsLet me ask you that in a reverse way.
Seth WilliamsDo you perceive anything?
Seth WilliamsCan you, can you think of anything that I have?
Seth WilliamsBecause I can see what you have that when I'm like, oh, I don't have that.
Seth WilliamsI know that's good, but do you see anything in me?
Speaker AOh yeah, totally.
Speaker AI think you're a really strong leader.
Speaker AYou're really good at leading with confidence.
Speaker AYou're a really good networker for sure.
Speaker ALike, just the fact that, like, I get texts from you all the time, but, like, you know, once a month or something like that, and I'm one of how many hundreds of people you know?
Speaker AYou know, like, you just don't hesitate to reach out to people, help.
Speaker AAnd in doing that, you're also letting them know, like, hey, I'm here to help you too.
Speaker ALike, I don't even think to do that kind of stuff.
Speaker ALike, I'm much more prone to working in a silo, which is not really that healthy.
Speaker AAnd you also think big.
Speaker AYou don't let little things and doubts hold you back.
Speaker ALike, you just kind of almost assume it can be done until you're told otherwise.
Speaker ALike, all these things combine to make a heck of a superpower.
Speaker ASo.
Speaker AYeah.
Speaker AAnd that there's probably more, but that's.
Seth WilliamsJust off the top of my head, man.
Seth WilliamsThank you.
Seth WilliamsThat was fantastic.
Seth WilliamsIt may be Thor encrypting.
Seth WilliamsAnd then for you, what I'm seeing is that how diligent you are.
Seth WilliamsLike, I'm pretty diligent, but you were above and beyond.
Seth WilliamsAnd then seeing, like, the detail.
Seth WilliamsAnd it's not just detail because I'm pretty detail oriented, but, like, the preciseness, the quality of, like, the YouTube videos.
Seth WilliamsAnd you're teaching people, like, you get right to the point, you cut out things.
Seth WilliamsI think they don't need to be there, all that sort of stuff.
Seth WilliamsBut you're so focused.
Seth WilliamsAnd that's something that.
Seth WilliamsLook at what you build.
Seth WilliamsLike, ray tips, just like you say, no, I'm going to get this done.
Seth WilliamsThis is going to be the best ploy.
Seth WilliamsWould you consider yourself a fractionist?
Speaker AYou know, maybe in some respects, I mean, more so than the average person, I think.
Speaker AYeah, maybe.
Speaker AYeah, it is.
Speaker AI guess I look at it like, a lot of the videos that I make, I try to make them evergreen in nature.
Speaker ALike, I don't want what I'm saying today to be irrelevant in 12 months.
Speaker ASometimes you can't get around.
Speaker AThat's just how it is, depending on the subject matter.
Speaker ABut when I'm making stuff that's evergreen, I think to myself, okay, this video is going to be watched by thousands of people for years into the future.
Speaker AAnd when I think about it that way, it's like every little dumb thing I said in there that doesn't need to be there, it's now multiplied by thousands of times.
Speaker AAll these people are having to listen to me drone out about stuff that doesn't matter.
Speaker ASo I just go maybe even too far sometimes where I really try to like just make a super lean delivery.
Speaker ADoesn't always work.
Speaker ABut that's just sort of the mindset.
Seth WilliamsI go into it with.
Seth WilliamsThat's all right.
Seth WilliamsSo let me take that in a same direction.
Seth WilliamsAsk in a different way.
Seth WilliamsSo thousands of thousands of people, it's going to be out there later once it's on the Internet and it never gets deleted, it's always there.
Seth WilliamsWhat are you going to do that's going to help Yukonora to have your level of success in loads of life too?
Seth WilliamsLike business.
Seth WilliamsYou have real estate investing.
Seth WilliamsYou also have Ari ticker and.
Seth WilliamsYeah.
Seth WilliamsWhat, what are your thoughts with that?
Seth WilliamsI'll give you quickly what I've been doing while you're, while you're thinking about how you're going to do that or you are doing it.
Seth WilliamsMy goal was to help each one of my kids before they turn 17.
Seth WilliamsSo 1 to 16 to buy the first rental property.
Seth WilliamsNow getting a loan is going to be really, really hard.
Seth WilliamsSo obviously it helps.
Seth WilliamsIt's the benefit that their dad is there.
Seth WilliamsBut I'm coaching them.
Seth WilliamsThey're going through the exact same thing that all my students go through.
Seth WilliamsThe course.
Seth WilliamsThey're learning all that sort of stuff.
Seth WilliamsStuff they do have their own savings.
Seth WilliamsLike Ellie.
Seth WilliamsEllie just bought her first property and should cash through about 250 bucks a month for a kid.
Seth WilliamsThat's great.
Seth WilliamsAnd she has saved $30,000 which is this isn't for a down payment.
Seth WilliamsHe has a business.
Seth WilliamsI'm going to do things I can to help.
Seth WilliamsBut I said hey Ellie, Ellie.
Seth WilliamsTrue for all my kids.
Seth WilliamsFive kids now we're very blessed to have five amazing kids.
Seth WilliamsAll the money that you make in passive income, we can't spend it.
Seth WilliamsThat's the one criteria.
Seth WilliamsYeah, yeah.
Seth WilliamsOr whatever.
Seth WilliamsWhatever term that I had, I had is, is you can't spend that money because if you're smart and you do what I tell you, you keep that money in there, we save it and you make other money outside.
Seth WilliamsAnd then we buy another property.
Seth WilliamsLet's say we one property a year at minimum.
Seth WilliamsYou're 16 now.
Seth WilliamsBy the time you're 26, you're going have 10 properties making you a minimum of like $5,000 a month.
Seth WilliamsDo you have the fortitude and the delayed gratification self control trope?
Seth WilliamsShe said yes.
Seth WilliamsAnd like okay, we'll do that.
Seth WilliamsSo every single one of my kids are going to be doing.
Seth WilliamsLoaded question.
Seth WilliamsBecause I.
Seth WilliamsI gave you what I'm doing.
Seth WilliamsDoing, but yeah.
Seth WilliamsHave you thought about how you're going to have Luke and Nora to become successful?
Speaker AThat's a great question.
Speaker AI feel like I have not thought about it enough.
Speaker AAnd I think my excuse is that they're still pretty young.
Speaker AThey're like 8 and 10 years old.
Speaker ABut I mean, it's probably perfect time to start getting.
Seth WilliamsThey're gonna blink and they're gonna be totally.
Speaker AI already feel like I've blanked and they were like babies yesterday.
Speaker AYou're there now.
Seth WilliamsWell, we've been listening to your kids for a couple years now.
Seth WilliamsAs they've grown or my kids, they feel like they've nourished.
Speaker AI think part of it is I pay a lot of attention to, like, the strengths that I perceive them both having.
Speaker AAnd they're both fairly different.
Speaker ALike, Nora, she's very creative, kind of a social butterfly, and just a ton of fun to be around.
Speaker ALuke is very, like, detail oriented.
Speaker ALike, he would probably make a great account, for example.
Speaker ASo, like, very different kinds of strengths.
Speaker ASo in terms of, like, trying to steer them both down a career path, I don't know.
Speaker ALike, I don't.
Speaker AI don't want to say, like, you need to do land or you need to do self serve or you have to rent our.
Speaker ALike, I just.
Speaker AI don't know what they're gonna love, but I think more generally speaking.
Speaker ASo Robert Kiyosaki and Sharon Lechter years ago wrote this book, Rich kids, Smart Kid.
Speaker AAnd I don't hear about it a lot, but I listened to it a couple years ago.
Speaker AThere were a lot of big takeaways I got from it.
Speaker AAnd one of them was that as parents, we need to be really careful about controlling our children's perceptions about how smart they are.
Speaker ABecause the school system judges them on a very narrow criteria and it's very academic.
Speaker AAnd if they like, do bad on a test, it's like, okay, the message is dumb.
Seth WilliamsYes, exactly.
Speaker AAnd it's all down.
Speaker AAnd it's like, no, no, no, no, no.
Speaker ALike, everyone is a genius at something.
Speaker AJust because you don't measure up to that standard does not mean you're going to be very successful at something else in life.
Speaker AAnd you see them struggle at anything in school.
Speaker AAnd I haven't seen him struggle much yet.
Speaker ABut if that does happen, just helping them understand, like, this is not the end of the story.
Speaker ALike, there's so many other things to life and this is not the way to Perceive yourself through that one narrow lens.
Speaker ABut I think just in general, like, you know the basics of financial literacy and just like rich dad, poor dad type stuff, like the asset column, the liability column, stuff that's not taught in school at all, like making sure at a very least they get that.
Speaker AUnderstand?
Speaker ALike, do you want to be wealthy?
Speaker ASpend your life buying assets?
Speaker ALike, don't throw it at things that lose money, just that kind of essential stuff.
Speaker AAnd I think as they get older, that's when I'll probably start looking a lot closer, like wages.
Speaker AI want to go down the rental poverty path.
Speaker ALet's get into that.
Seth WilliamsWhat age would that be though?
Seth WilliamsBecause you got to plan down.
Seth WilliamsBecause.
Speaker ATotally agree, totally agree.
Speaker AI would say.
Speaker AI mean, I feel like 14 is when you're like, you're right on the cusp of being an adult.
Speaker AI mean, two years from then you've got your license.
Seth Williams100 years ago, people were getting married at 14.
Speaker AYeah.
Seth WilliamsSo.
Speaker ASo what do you think is a good age?
Speaker ALike 12, 14.
Seth WilliamsSo obviously teaching them principles very, very early.
Seth WilliamsIn fact, I would, I would suggest, if you don't mind me making a suggestion.
Speaker AYeah, go for it.
Seth WilliamsHave them play the rich sample dad Cash flame.
Seth WilliamsCash Flow for kids did start, and after about, I don't know, a dozen times, my kids were kind of bored with it because they were like, they, they know how to, how to do it.
Seth WilliamsNow I'm like one person.
Seth WilliamsWell, they learn how to game it.
Seth WilliamsI'm like, that's what life is or that's what business is.
Seth WilliamsIt's like, it's.
Seth WilliamsHonestly, it's a game.
Seth WilliamsYou just have to figure out how to play it well.
Seth WilliamsAnd as soon as you figure that out, it's going to be fine.
Seth WilliamsFinances, you just got to figure out how to do it right.
Seth WilliamsAnd so they successfully did that.
Seth WilliamsNow they play cash flow, the actual cash flow, which takes time.
Seth WilliamsAnd they're like, as soon as they.
Seth WilliamsOkay, so they're playing the game of AIM Life.
Seth WilliamsIt's a different board game.
Seth WilliamsIf you get the doctor, you're like, I'm a doctor.
Seth WilliamsI make a lot of money in cash flow.
Seth WilliamsThey would pull the doctor Income High Express.
Seth WilliamsMost people spend the money.
Seth WilliamsBenny and Stevie said he, yeah, can we just take out Dr.
Seth WilliamsAs being somebody hates and eats well.
Seth WilliamsYes.
Seth WilliamsCuz.
Seth WilliamsCuz go right ahead.
Seth WilliamsShe has to.
Seth WilliamsSmall suggestion would be you can never start to sue you with small principles of saving money, being charitable giving, having responsibilities.
Seth WilliamsAnd then rich dad, poor dad, kids.
Seth WilliamsCash flow is really helpful because it leads the income call and expense calling.
Seth WilliamsBut also one quick thing that I also do, ever since my kids are born, every bit of money that they get, we teach them financially, like principal.
Seth WilliamsHalf of it goes into savings, like 50%.
Seth WilliamsSo they get 10 bucks, five goes into the baby, too.
Seth WilliamsAnd they don't touch that for, like, maybe buying a car, buying a house, like it's 10 years, 15 years from now.
Seth WilliamsAnd then 20% goes to mommy to pay for her responsibilities.
Seth WilliamsHey, don't just get money.
Seth WilliamsYou have responsibility.
Seth WilliamsYou pay for, you know, food, electricity, and that sort of stuff.
Seth WilliamsAnd then 10% goes to charity or goes to giving, giving.
Seth WilliamsIf you want to give it to.
Seth WilliamsTo church, give it to Gog however you want to do it.
Seth WilliamsAnd then the other 20%, they get to spend.
Seth WilliamsAnd so that teaches them at the very, very young age.
Seth WilliamsAnd I know now that it's worked so well that my kids will go.
Seth WilliamsThey have, let's say, 50 bucks to spend.
Seth WilliamsThey'll go to Walmart and they look at the toy and they'll be like, oh, this is, this is like, not necessarily garbage, but how much they're wanting me to spend, it's going to break really quickly.
Seth WilliamsIt's not worth it.
Seth WilliamsAnd they put a.
Seth WilliamsMy son says to me, dad, I'm mad at you.
Seth WilliamsYou and mom taught us too good.
Seth WilliamsWe don't want to buy anything because we can call up on wasting money.
Seth WilliamsI'm like, I'm like, praise the Lord.
Speaker AYeah, yeah.
Speaker ADo you think like.
Speaker ALike, if you could steer your kids, like, each one of them individually, down a certain career path or real estate best path or whatever, like, would you do that?
Speaker AOr is there an element of, like, I'm going to teach you the basics and then you need to figure out for yourself what's going to work best for you.
Seth WilliamsSo I'm going to say this was, you know, make some people irritated or upset.
Seth WilliamsBut how I see with my kids, nobody cares about my kids better or more than me.
Seth WilliamsNobody loves them more than me.
Seth WilliamsNobody has the same morality that I want them to have.
Seth WilliamsAnd so that's why we homeschool.
Seth WilliamsWe homeschool our kids.
Seth WilliamsAnd then when my kids.
Seth WilliamsSo my kids are learning how to play the piano, they're actually getting pretty good.
Seth WilliamsBut I heard, you know, I would hear people say, say, well, hey, Billy, little Billy, like, they're.
Seth WilliamsThey're another family.
Seth WilliamsDo you like playing the piano?
Seth WilliamsNo, I don't really like it.
Dustin HeinerOkay.
Seth WilliamsYou don't have to do it anymore.
Seth WilliamsNo, I don't believe that.
Seth WilliamsI say you were playing the piano.
Seth WilliamsOf course they want to go play Xbox or that Sci fi, whatever, Switch or whatever.
Seth WilliamsThey want to play video games being on the Internet.
Seth WilliamsNo, you are going to do this.
Seth WilliamsThis is what mommy and daddy is telling you to do.
Seth WilliamsAnd so getting them so they have to push through something that's hard, number one.
Seth WilliamsBut number two, think about real estate or making money, whatever it might be.
Seth WilliamsI get any of the principles.
Seth WilliamsLike right now they see if they buy one rental property, that makes them 250amonth, that's $3,000 a year and a 16 year old, that's not bad to not work.
Seth WilliamsAnd so what I am doing is if they don't want to learn, you're still going to learn.
Seth WilliamsIt's part of our homeschool curriculum.
Seth WilliamsJust like you're still going to learn history at public school.
Seth WilliamsYou're still going to learn.
Seth WilliamsNo, no, this is your curriculum.
Seth WilliamsThis is what you're going to learn.
Seth WilliamsYou're going to learn financial education, you're going to learn how to invest in real estate.
Seth WilliamsAnd then if you in the future choose to not do it, that's on you.
Seth WilliamsBut this is a curriculum that you have to go through.
Seth WilliamsAnd then one quick last thing was in pushing them in a direction like my boys, I'm helping them to learn that getting a trade, learning to trade, electrician or plumber, something like that is going to be so amazing for you.
Seth WilliamsYou're not going to be spending 50, 60, $100,000 going to college or university.
Seth WilliamsThey're going to pay to learn how to become an electrician and they're going to make so much more money and nobody else is doing that.
Seth WilliamsBoth keep on retiring, trying to get rid of businesses because they don't have anybody taking it over.
Seth WilliamsIt's such a great path.
Seth WilliamsSo that's how I view my teaching them how to invest in real estate, but rental properties by far, helping them get their first.
Seth WilliamsAnd if they don't want it anymore or if they don't want to continue, that's on them.
Speaker AYeah, interesting.
Speaker AWell, I know in your personal career path, so you used to work.
Speaker AIt's like a government job, kind of a desk job, white collar thing.
Speaker ADuring that you started to buy rental properties and eventually stop.
Seth WilliamsI forget you get laid off after our fourth child.
Seth WilliamsI get back to work after paternity leave for like two weeks.
Seth WilliamsYou know, staying home on a Friday, I get a click.
Seth WilliamsIt's like, my goodness, who's had a fourth child?
Seth WilliamsYou leave me off.
Seth WilliamsSo yes, yeah.
Speaker ASo like knowing how, how it worked for you like that, that career path of going to college, getting that kind of job, getting rental properties, here you are today.
Speaker AWhat if you've been told back then no, let's do trades instead.
Speaker ALike do you think that would have been the right decision for you?
Speaker ALike do you ever wish I shouldn't gone to college, I should not have gotten that white collar job.
Speaker AI should have been become an electrician instead.
Speaker ABecause that would have been better because of.
Speaker AI don't know.
Seth WilliamsI would absolutely say, well, I had two different paths because my dad was a contractor.
Seth WilliamsSo I actually did forget framing.
Seth WilliamsFraming builds the entire house.
Seth WilliamsBut they make the least amount of money.
Seth WilliamsIt's electricity more dangerous, you know, bumming.
Seth WilliamsThey make a lot more money.
Seth WilliamsBut my dad was a contractor and he did not encourage keep going in the trade because it's eat up your body.
Seth WilliamsEspecially framer.
Seth WilliamsHe wasn't an electrician, he wasn't a plumber.
Seth WilliamsHe wasn't somebody that was more by H vac, like technical.
Seth WilliamsAnd so he didn't encourage me knowing now realizing that man, they make so much more money if you are an electrician or a plumber.
Seth WilliamsYou can even have your own business and set your own hours and your ceiling is you know, building a business.
Seth WilliamsI would much rather on that than I was thought I was taught by my parents, get a career, work at the government, you're never going to get fired.
Seth WilliamsGo little the day path.
Seth WilliamsBut then I learned the hard way, safe is not true.
Seth WilliamsThere's no such thing as safe.
Seth WilliamsIn fact I got laid off after I had our fourth child.
Seth WilliamsSo in the end it's not that safe.
Seth WilliamsSo if I were to have gotten, I don't know if I would have listened but me teaching my kids, I'm like, you know what?
Seth WilliamsThis is the path that I wish I would have gone.
Seth WilliamsSo yes this.
Seth WilliamsSo I guess in the end it's something that I wish would happen to me.
Seth WilliamsAnd then helping my boys to understand also the girls, the girls, my wife teaching them how to be good moms, how to cook, how to take care of the kids and all that sort of stuff.
Seth WilliamsManage the household.
Seth WilliamsAnd so the boys up providing and the girls staying home.
Seth WilliamsAnd that's like my wife's stay at home mom.
Seth WilliamsSo she would love to see our kids be stay at home moms as well.
Seth WilliamsSo be clear.
Speaker ASo you wish you would have not gone to college and you would have been an electrician?
Seth WilliamsYes.
Seth WilliamsOkay, well no, let me take that back.
Seth WilliamsI.
Seth WilliamsYou can Never.
Seth WilliamsAt least I don't think anybody could or should say, I wish this didn't happen because my life would have been dead.
Seth WilliamsI'm here because of the path that I took and I'm blessed to be able next year with my kids because I've learned like, I, I do have some business skills.
Seth WilliamsI got a business college degree, I've applied some of those.
Seth WilliamsBut in the end, I'm looking back now, it's like, would I have gone into real estate?
Seth WilliamsI might not have like buying real estate.
Seth WilliamsI might have just kept building an electric electrician business, I don't know.
Seth WilliamsBut right now I'm blessed that this is where I'm at, but, but grateful for everything I went through because that made me who I am.
Speaker AWell, Matthews, I know like, it had a very similar career path to you, went to college, worked in a, not a government job, a very similar kind of environment.
Speaker ABut that was part of what enabled me to do what I ended up doing and getting in the land, starting re tipster, you know, ending up where I am today.
Speaker AIf I had become an electrician, which is a very hands on, active job, we're out in the field, all that, you can't just like, you can take a break, get on the computer and write a blog post kind of thing.
Speaker ALike I wouldn't have been able to do what I'm doing now.
Speaker ASo I don't know, it's, it's weird.
Speaker ALike, makes, makes me wonder if like maybe there's opportunity in any direction you go or if it's like there's an actual benefit to doing the college path.
Speaker AEven though like the career, like the 9 to 5 job, that's not really what you're going for, it just sort of carves out a path that lets you use it as a stepping stone to get something further.
Speaker AI don't know.
Seth WilliamsBut I think in the end, whatever path somebody takes, as long as they have the desire and I guess determination too, because somebody might go to college and never invest in real estate, never invest in land, never do any of that stuff.
Seth WilliamsAnd I say, and you're missing out, but there are plenty of people like that.
Seth WilliamsSo everybody has different paths.
Seth WilliamsAnd if they want to invest in real estate, they need to get around people that are doing it.
Seth WilliamsLike they need continue to listen to Ari Tipster or my podcast Master Passive Income.
Seth WilliamsThey need to continue being around people, going to meetups, um, reading blog posts.
Seth WilliamsI was like, if you don't, if that's your goal, then you need to put time and Effort towards it.
Seth WilliamsYeah, well, I like also Schwarzenegger is a really good thing.
Seth WilliamsSo somebody would say, I'll have very similar things, but about lifting weight.
Seth WilliamsBut you know, if you want success and you're thinking, well, I have a job, I have a wife and kids.
Seth WilliamsI have X, Y and Z.
Seth WilliamsI'm not going to be able to spend the time to learn how to, you know, invest in land or buy real estate.
Seth WilliamsI didn't have the time to do it.
Seth WilliamsSchwarzenegger's answer is, well, sleep faster, Esther.
Seth WilliamsThat's all you got to do, sleep faster.
Seth WilliamsBecause we all have 24 hours in a day.
Seth WilliamsWe all different situations, scenarios, issues, problems, whatever it might be.
Seth WilliamsBut we also also have different benefits or quote, unquote privilege.
Seth WilliamsBut like things that are beneficial to us, that we can utilize to help us.
Seth WilliamsBecause if you focus on the negative, like I don't have, I don't have.
Seth WilliamsI don't have.
Seth WilliamsWell, Seth did this.
Seth WilliamsHe had to sit down job that he could do X, Y and Z and send us.
Seth WilliamsYou focus on what you don't have, then you're going to keep not having.
Seth WilliamsIf you focus on what you do have and say, how can I then change this to benefit me and make this be my strength?
Seth WilliamsYou're going to figure it out.
Speaker AYeah, it's a great point, man.
Speaker ABecause everybody does have something.
Speaker AIt's just a matter of understanding.
Speaker ABecause like we were talking about earlier, like your super strengths and my super strengths, like, we all have these things, but it takes the discernment to figure out what are those things.
Speaker AAnd now that I know them, how do I leverage those?
Speaker ABecause the average person doesn't have that.
Seth WilliamsAbsolutely.
Seth WilliamsAnd Mike, well, let's say for Master Passive Income, I know we do not have the quality control, the focus, the diligence.
Seth WilliamsEven though I have those things, but I am like more big pictures.
Seth WilliamsAnd so lots of things that aren't as 100%, but I'm like, it's good enough.
Seth WilliamsLet's get it out there where you hear like, like, no, good enough is not good enough.
Seth WilliamsIt has to be right.
Seth WilliamsYeah.
Seth WilliamsAnd my wife is 100% same way.
Seth WilliamsShe's like palace.
Seth WilliamsIt's just not perfect.
Seth WilliamsI don't want to do it or we shouldn't do it.
Seth WilliamsAnd it helps.
Seth WilliamsIt's a balance.
Seth WilliamsYou know, we're both.
Seth WilliamsAnd we know that the body of believers, we all have different gifts.
Seth WilliamsAnd for somebody to say it's easy that most people have heard that introverts are kind of, maybe not, but it seems like introverts can be envious extroverts because they look like they're having fun.
Seth WilliamsBut I be honest, I'd say extroverts also have big problems too.
Seth WilliamsSome just things happen.
Seth WilliamsJust like introverts have negatives, extroverts have negatives.
Seth WilliamsAnd so what you need, what I found is that if you're introvert or extrovert, you need to lean into whatever it is.
Seth WilliamsNot just like, like extrovert always being out with every single person or introvert always being inside and not being like my brother, like you guys are very, very similar.
Seth WilliamsIs, is a definitely an introvert.
Seth WilliamsHe loves working on his business.
Seth WilliamsLike I asked you what's your favorite too?
Seth WilliamsI like doing my business and so but we need to have like we all have different gifts but if we lean on our gift and make those strengths as opposed to, well, I don't have, I don't have.
Seth WilliamsThen you're going to, by leaning into those strengths, you're going to make those be super strength.
Speaker AYeah, yeah man, for sure.
Speaker ACool.
Speaker AWell, well, you got any big takeaways?
Speaker AOh, these things all messed up.
Seth WilliamsOh, I did this to me.
Speaker AAny place else you want to take this or.
Seth WilliamsYeah, yeah, no, I.
Seth WilliamsSo, so okay, I'll just go ahead start.
Dustin HeinerSir.
Speaker AYeah.
Seth WilliamsSo what would you think is like Ari Tipster?
Seth WilliamsLike I genuinely want to know.
Seth WilliamsI think Ari Tipster is poised to just grow.
Seth WilliamsI mean let's say take over bigger pockets or something.
Seth WilliamsLike see it be, it can grow.
Seth WilliamsBut honestly the limitation is you just like me limitation is me, everybody's limitations ourself, we people around us.
Seth WilliamsBut like what would you be your.
Seth WilliamsIf you had.
Seth WilliamsI don't know if you have it but like if you can make a brain out five year vision.
Seth WilliamsWhere would you like to see Ari Tipster in five years?
Speaker AYeah, it's a good question.
Speaker AI feel like I'm actually having a lot of light bulb moments here at this conference we're at, but I think I definitely have to do a better job of leveraging other people which is like it's not that I haven't done that, but I think maybe I need to find, selectively pick the right people, get division and they, they just don't need as much oversight because they're just doing it right in the first place.
Speaker AAnd I, I think I just struggle at looking at the world through that lens.
Speaker ALike I'm not even looking for it but like it's totally there.
Speaker AI can think of like, you know, at least five or Six people off the top of my head right now that I would be great to work with.
Speaker ASo I think it's just understanding, like you're limiting yourself, Seth, by just making everything kind of pass through you.
Speaker ALike there's only so far you can ever get with that.
Speaker ASo.
Speaker AAnd I am doing some of this, but I think there's a ton of room to do a lot more of that.
Speaker ASo in terms of five year vision, it would probably be, you know, leveraging other people.
Speaker AAnd frankly, like, I've never been great at five year visions.
Speaker AFor me it's more like six months.
Speaker ALike, where's this going to be then?
Speaker APart of that I think is somewhat useful because the world and the Internet changes so much in five years.
Speaker ALike, it's almost pointless to think of what the world's gonna look like five years from now.
Speaker AYeah, I think it would be leveraging the strengths of other people to grow this far beyond myself.
Seth WilliamsYeah.
Seth WilliamsAnd I found too that if you focus not on either money, like dollar amount, that's, that's reach us money or the amount of money, or this, let's say we need to start a new podcast and that's the goal.
Seth WilliamsWell, you're missing out on both of those.
Seth WilliamsYou're missing out on what the real reason why we do it is.
Seth WilliamsThe people.
Seth WilliamsIf we miss out on, on who we're trying to reach or what we're trying to reach, like the audience or whatever, whatever, then we miss out on the bigger purpose.
Seth WilliamsBecause if you miss the people, then there's no point in doing it.
Seth WilliamsSo what I love to do is I'm gonna, I'm at all good at five people in five years.
Seth WilliamsI want to have this.
Seth WilliamsHonestly, I didn't even know I wanted a conference.
Seth WilliamsI kind of thought, oh, be well to have a real estate investor that I would want to go.
Seth WilliamsMost of them are sales pitch or run to the back.
Seth WilliamsHate those.
Seth WilliamsSo I created the rest of those conferences because it's the opposite of that.
Seth WilliamsWe're also community helping people, kind of fincom, which where you and I met, I didn't even.
Seth WilliamsThat wasn't even on the radar, but it came up and I'm like, I like the idea.
Seth WilliamsLet me talk to a few friends who has conferences, see if I can pull it off.
Seth WilliamsAnd then I talked to even more people.
Seth WilliamsYou were the first, literally the first person I called say, hey, this is.
Seth WilliamsGive me the green lot, the new board.
Seth WilliamsNo, they honestly don't have ever.
Seth WilliamsBut in the meantime, every single thing that I try to do like, I want to write a new book.
Seth WilliamsSo I have four books.
Seth WilliamsI want to write a new book, but the book's going to be about mindset.
Seth WilliamsSo, so from zero to, let's say, 100 properties, I have all that content, the books I have cast and that stuff for that.
Seth WilliamsBut from nothing to ready to get to zero, I don't have that, like, mindset.
Seth WilliamsLike, you're stuck and you don't even know what's out there.
Seth WilliamsLike limiting beliefs to having a abundance mindset versus a what's the other abundance, scarcity mindset.
Seth WilliamsHave something that helps people get out of themselves.
Seth WilliamsAnd so I'm like, I want to write that.
Seth WilliamsBut it just came up.
Seth WilliamsIt's not like the five years.
Seth WilliamsI want to have this next thing.
Seth WilliamsBut with that, when something does come up, like six months from next, you know what, I can do that one quick.
Seth WilliamsYou know, I let me put some effort towards or no, some.
Seth WilliamsLet me devote myself, get it done.
Seth WilliamsBut here's another thought too, goes to the idea that a project, whatever, let's say a project writing a, writing a book, it's going to take as much time that you give it to take meaning.
Seth WilliamsIf I want to write a book and I say, okay, I want to launch it by June of June 26th, well, it's going to take that entire time because that's how much time I give it.
Seth WilliamsBut if I say I want to branch it by July or sorry, June is 2025, which is only five months away, June of 2025, it's going to take that much time.
Seth WilliamsI'm gonna have to, you know, move a little faster and work a little harder or not.
Seth WilliamsBut it takes that time.
Seth WilliamsAnd so if you say, okay, five years, I want to be here, why don't you start working on it now?
Seth WilliamsDoes that make sense?
Speaker AYeah, absolutely, for sure.
Seth WilliamsAnd so when it's very tipster Getting more people around you, more people that are going to.
Seth WilliamsWell, you asked me the question.
Seth WilliamsIt was, what happens if somebody does something wrong on a podcast that's with you, what do you do?
Seth WilliamsDo you remember what my answer was?
Seth WilliamsI think they say something wrong or they say in a different way.
Seth WilliamsI don't know.
Seth WilliamsI'll figure out when I get there.
Seth WilliamsJust like when it does happen?
Seth WilliamsWell, number one, I don't bring people around me that I don't like being around.
Seth WilliamsLike, if I don't like them, it's just like, no, there's.
Seth WilliamsIt's probably me.
Seth WilliamsThere's other people you could work with.
Seth WilliamsOther people I would.
Seth WilliamsSo that's number one.
Seth WilliamsNumber two, people I could trust.
Seth WilliamsLike one I could trust because I've seen them and they.
Seth WilliamsAnd number three, they have a similar vision or the same vision direction that we want to go.
Seth WilliamsNumber four, they're not driven by money.
Seth WilliamsNumber five, they have a similar type of morality as well.
Seth WilliamsSo those are main things that I.
Seth WilliamsBut at the same time, let's say something, there's a hiccup and something's bad happened.
Seth WilliamsWell, we'll figure it out.
Seth WilliamsBam.
Seth WilliamsAnd you, you also asked me, well, if somebody's like goes off and does the exact same thing, like, well I make my money through real estate.
Seth WilliamsSo it's not like, you know, somebody starts their own master password income.
Seth WilliamsI'm gonna say, hey, how can I help you?
Seth WilliamsSo I, I guess this the abundance mindset set because I mean if you have a limited mindset and scarcity mindset, then you feel like the pie is so small you have to fight for it.
Seth WilliamsWell, if you only focus on the small pie, you may be missing a bigger pie that is out there for you.
Seth WilliamsLike let's say, you know, re tickster, you focus on land investing.
Seth WilliamsWell, that's a small pie.
Seth WilliamsI mean admittedly it's a small pie.
Seth WilliamsRental properties is a small bigger than land, but it's still small compared to short term property.
Seth WilliamsApartment complexes, storage.
Seth WilliamsSo so much more.
Seth WilliamsSo instead of fighting over the Google play, let's make your pie bigger where it encompasses many more things and you had other people to be a part of it.
Speaker AYeah, totally.
Speaker AThat makes sense to me.
Speaker AIt's awesome.
Speaker AWell, any of the big initiatives you're working on right now, like anything people ought to know about.
Speaker AYeah, rub count's coming up, but I don't know anything you want people to check out.
Seth WilliamsRubecon is definitely on the top of my mind because April is we're three months away.
Seth WilliamsBy the way, this is R e.
Speaker AW b C O n dot com.
Seth WilliamsYes.
Seth WilliamsR E W B C O N.
Seth WilliamsSo like rootcon Real estate wealth builders of conference all agree.
Seth WilliamsBut yeah, so with that I've had people that come to rootcons the three day once a year events live in person.
Seth WilliamsAnd I had lots of people say, do you have monthly meetups where I live?
Seth WilliamsI always say no.
Seth WilliamsI was like, no, no, I don't want to do that.
Seth WilliamsI don't have that.
Seth WilliamsBut also because I have so many people wanting to be around everything you're doing.
Seth WilliamsThey are now starting or it's a part of Our company, the Real Estate Wealth Builders Club.
Seth WilliamsSo these clubs are actually monthly meetups that are bringing investors together in those cities.
Seth WilliamsSo.
Seth WilliamsSo they come to rootcon and at rootcon they're like, man, I've connected these people.
Seth WilliamsI want to meet with people monthly.
Seth WilliamsLike, you know, because you go, if you're a church, you go to, go to a Christian camp or you go to an event, you're like, get on a high, Tony Rob.
Seth WilliamsYou get home and life starts getting away.
Seth WilliamsWell, what we want Root Club to be is obviously you're going to have the high, but let's keep you going.
Seth WilliamsLet's not let you stop and let life get in the way.
Seth WilliamsSo Root Club, it's actually kind of fun.
Seth WilliamsR E W B C l u b rootclub.com same thing.
Seth WilliamsBut it's just another way to amplify the message that anybody can invest in real estate.
Seth WilliamsAnd my main goal is to help 1 million people to invest.
Seth WilliamsAnd so it's just.
Seth WilliamsYeah.
Seth WilliamsHow about you?
Speaker AWell, on the rube club thing, do you like have certain people or moderators, like, hey, you're going to be the person in charge of leading this club meeting or do you just kind of have them get together and whatever, who knows what happens?
Speaker ALike, how do you organize that stuff?
Seth WilliamsI have to, I have to trust them.
Seth WilliamsJust like, you know, being a host, it's a little less of a barrier to get in, become a rubber bub host.
Seth WilliamsBut I have to trust them.
Seth WilliamsI have to see the.
Speaker ASo you do have actual host.
Speaker ALike, you have a person say, okay, you are responsible for leading this 100.
Seth WilliamsThe host does it.
Seth WilliamsThey are somewhat usually connected, either a coaching student or Canberra rootcon.
Seth WilliamsAnd they see the value and the vision of it and they see that the hosting is more than just, let's say, getting a paycheck, which they don't get paid.
Seth WilliamsBut like, you know, it's not like a job.
Seth WilliamsIt's a benefit to hosting Roots Club because people are going to see you as a better investor.
Speaker AYeah.
Seth WilliamsYes.
Seth WilliamsIt's organized in a sense where we make sure people are networking.
Seth WilliamsWe bring speakers in, we make sure that we have hopefully some sponsors that are going to be good companies they could work with and connect them with each other.
Seth WilliamsSo, yeah.
Speaker AWhat.
Speaker AHow many of these rube clubs are there?
Seth Williams3.
Seth WilliamsYeah, we have Charlotte, Phoenix and Colorado.
Speaker AOkay.
Speaker AAnd the.
Speaker AThese leaders that you choose, are they from your audience that take it or like, is there.
Speaker AIs it you hand pick them or something?
Speaker AOr how do you decide who they.
Seth WilliamsWould Be it's handpicked.
Seth WilliamsWe have some people that want to start one in la.
Seth WilliamsStudents of ours or audience members of ours.
Seth WilliamsWe'll eventually get there.
Seth WilliamsBut you know, we, we don't want to grow too fast and have in any group link.
Seth WilliamsIt's like there's expenses and there's logistics and we're still investors, you know, we're still investing our stuff.
Seth WilliamsSo we have just that many more things.
Seth WilliamsWe try to pray.
Seth WilliamsLord William would have most major cities as best as we can in like five years.
Seth WilliamsThat'd be great.
Seth WilliamsThere was a five year root club in most major cities.
Speaker AAwesome, man.
Speaker AIt's a great idea.
Speaker AYeah.
Speaker AI'm just thinking through the.
Speaker AWhat if it was a version of that for the land investing world?
Speaker ABecause I could see, I don't know if there's enough of us, but I know in like the bigger metro areas, like there probably is that kind of thing.
Speaker AEven if it was just like eight or 10 people, like that's enough to get enough people together.
Seth WilliamsHow about you?
Seth WilliamsOther than finding right people, do you have any.
Seth WilliamsDo we want to lean into YouTube more?
Seth WilliamsBecause your podcast, you get a lot of people listening to that, like anything that you're planning.
Speaker AYeah.
Speaker ASo I've been partnering early, exploring partnerships with a lot of new people, which is something I've never really have done that much of.
Speaker AI've always been kind of gun shy about partnerships, but I've just, I've been realizing after finding the first great partner that I've ever worked with in the storage business and how well that's gone, it's opened my eyes to like, this is actually huge.
Speaker ALike if you can find a good partner where they carry their weight and they truly make it better, like they're so good, you'd have a hard time doing another thing without them.
Speaker AThat's a major asset and it just enables you to do things that you would normally never be able to do by yourself.
Speaker ASo I know I've been exploring partnerships with that through different software companies and some things that are already established, like coming into an existing entity and others where we're like forming a new thing.
Speaker ABut that's probably been the biggest initiatives I've been working on and we'll continue to work on in this coming year, just seeing where those go.
Speaker AI think most of them will pan out.
Speaker ANot all of them probably will, but yeah, it's just been an exciting new new thing that I've been doing.
Seth WilliamsThat's so cool.
Seth WilliamsAnd you're, you're seeing that you Are the limitation.
Seth WilliamsJust like me every.
Seth WilliamsBut you're.
Seth WilliamsThere's always so much time in the day for you to do anything and if you could multiply yourselves then that'd be great.
Seth WilliamsSo.
Seth WilliamsBut it's getting the right people.
Seth WilliamsOne small little suggestion and like idea is in any partnership, just figure out what the exit strategy is beforehand.
Seth WilliamsLike just in case, hey, everything's going great right now.
Seth WilliamsWe're unhappy.
Seth WilliamsLet's decide how do we buy you out?
Seth WilliamsHow you buy me out when.
Speaker AYeah, that was actually.
Speaker AI mean that exact issue has always been one of my biggest hang ups.
Speaker AAnd we was able to figure it out really well with the self storage facility.
Speaker AUm, but that's probably the biggest component of all these things is like basically planning the divorce before the wedding.
Seth WilliamsYeah.
Speaker ALike if things go sideways, if we just have a change of plans, you know, people change, whatever.
Speaker ALike how do we get out of this thing with the least possible damage so that we're all okay and you know, there's some kind of trigger we can pull it to get out if we have to.
Seth WilliamsLike, like with all my podcasts that we have seven podcasts now.
Seth WilliamsIf any one of the hosts say, man, I want to go on my own, like great, how can I help you?
Seth WilliamsLet's, let's, let's.
Seth WilliamsAnd because I already made that my mind, like that's my exit strategy is I'm just going to get again because it's like I make my money through real estate and this is just fun.
Seth WilliamsAnd if they can help people, my goal is help a million people.
Seth WilliamsWell, if I help them to then they be a part of that helping mail people.
Seth WilliamsAnd it's.
Seth WilliamsThat's part of my vision.
Speaker AWould you just like shift.
Speaker AShut those podcasts down then?
Seth WilliamsI don't know.
Seth WilliamsMore than likely though, I would probably do the show, play repeats or yeah, just re.
Seth WilliamsI would do that and then try to find another host that would want to host that show.
Seth WilliamsIt's still an asset.
Seth WilliamsI own the podcast, but it's still an asset.
Seth WilliamsBut I'm gonna help them as much as possible, even on the show.
Seth WilliamsLet them promote their new thing.
Seth WilliamsI mean, absolutely.
Seth WilliamsAnd I found even though like a scarcity mindset would say, oh man, don't do any of that stuff and I'll just keep everything yourself.
Seth WilliamsI found I get such a better return is not the right word, but like I benefit more by giving more and then people that leave.
Seth WilliamsOr it's like, man, that was so terrific.
Seth WilliamsI want to stay.
Seth WilliamsNot stay, but like I want to help.
Seth WilliamsLike I'm not, you're.
Seth WilliamsWe're not competition.
Seth WilliamsIt's like I'm going to cross promote.
Seth WilliamsI'm going to go back and give it back to you.
Seth WilliamsIt's like.
Seth WilliamsAnd yeah, when you just start solely focused on yourself, honestly, it gets lonely and I don't like that obviously, like I said, extrovert.
Seth WilliamsBut at the same time, I don't want anybody to ever have, you know, look at me and say, man, that guy's a jerk.
Seth WilliamsThat's not what I want.
Seth WilliamsSweet.
Speaker AWell, if people want to check out Dustin.
Speaker AWhat masterpassiveincome.com Correct.
Speaker AOr the orange podcast or podcast or just search real estate investing on Apple podcasts and you'll see Dustin show probably number one.
Seth WilliamsThen also Instagram too.
Seth WilliamsI actually like 35,000 and then it's just another touch point to connect with people.
Seth WilliamsBut the Dustin, the Dustin Heiner and no Seth, I'm not that arrogant being the only one.
Seth WilliamsBut it's the only handle I could.
Seth WilliamsBut yeah, so Adidas, Heiner on Instagram, Twitter, TikTok are the same thing.
Seth WilliamsBut yeah, it's just fun being able to connect with people on things like that.
Seth WilliamsI hated social media until I really started understanding how powerful it is to connect with people.
Seth WilliamsAnd I'm like, okay, so it's a, it can be a good thing.
Speaker AIt's interesting because I've got those things in my life too where it's like, I hate this, I hate that.
Speaker AI want to think, I wonder if that's maybe an unhealthy way to look at it because you're just saying no, you're just shutting it down.
Speaker AYou're not exploring it any further.
Speaker AMaybe with like most things it's like, I don't hate it.
Speaker AThere's just something I don't understand about it yet.
Seth WilliamsYes, good point.
Seth WilliamsAnd then we got the re tipster.
Seth WilliamsEverybody should be checking out YouTube channel.
Seth WilliamsIf you're not subscribed re tips or YouTube channel.
Seth WilliamsThey, they need to.
Seth WilliamsIt's so much great information.
Seth WilliamsOh and I love, love what seven or eight videos you did on the building of your self storage.
Seth WilliamsI mean it's a documentary.
Seth WilliamsYou should shoot it.
Seth WilliamsSo it's a Netflix.
Speaker AThat was a ton of fun to make.
Speaker AIt was one of the things.
Speaker AIt wasn't the reason I did it, but it was maybe a small part of why I thought building one might be kind of fun is because I just knew there would be a ton of great stuff that I would learn.
Speaker AA ton of stuff to just talk about.
Speaker AAnd I was right.
Seth WilliamsIt was a great experience.
Seth WilliamsAnd I love the idea that you're documenting what you're doing.
Seth WilliamsYou know, you're walking through process and I still remember you having the locks that didn't line up so you had to drill and all that stuff.
Speaker AYeah, it was another.
Speaker AYeah, it was funny.
Speaker AI didn't even learn this until after the fact.
Speaker AThe reason that was happening was because we built the slabs on a 1% incline because the whole lot was slightly slanted.
Speaker AYou almost can't even see it with the naked eye, but there was a slight slant to it.
Speaker ASo those doors that would go down the, you know, the latch on one end would be like literally lower or higher than the latch and the part of the other ad.
Speaker ASo just tons of random stuff to learn.
Speaker AYeah, it was a lot of fun to make that.
Seth WilliamsAnd oh, oh, before we go, because we.
Seth WilliamsWe were talking last night at our Airbnb with seven guys.
Seth WilliamsSuper fun.
Seth WilliamsBut the question came up like, if you need to make a million dollars right now or this year, what would you do?
Seth WilliamsAnd you said, said, well, when you really boil it down, why start calling up self storage facilities all over the country and see which one would be so financing.
Seth WilliamsCan you explain that?
Seth WilliamsYeah, for sure.
Speaker AAnd you can actually do this with land too.
Speaker AIt might have worked faster, honestly, like if the goal was just to make a million, period.
Speaker AThe reason I said self storage is because that's sort of my ultimate destination, kind of where I want to go in in the end.
Speaker ASo yeah, I mean you basically just get a list of all the self storage to slow as much I can do get fairly easily in any part of the country and let me say.
Seth WilliamsEasily service or yeah.
Speaker ASo Storetrack S T O R T R A C K is the service I use for this.
Speaker AIt's actually amazing.
Speaker AThey specialize in self storage and they can get you this information like way easier than if you're using Datatree or some other data service.
Speaker ABut so yeah, I would just get their numbers and start calling them and just saying, hey, you know, I see you have the storage facility.
Speaker AYou have any interest in selling or.
Seth WilliamsIs it that straightforward?
Speaker AI mean, it could be.
Seth WilliamsYes.
Seth WilliamsAnd I'll be me storage facility owner.
Seth WilliamsAnd I'm not expecting your call.
Seth WilliamsI want to real quick.
Seth WilliamsThe reason why I want to do this is because when my students are looking for property managers, they say things that are newbie things that property manager that oh great, there's another newbie.
Seth WilliamsThey're not going to do anything.
Seth WilliamsI'm not going to work with them, blah blah, blah.
Seth WilliamsAnd so what I tell them is when you're looking for property managers, you don't sound like a newbie.
Seth WilliamsYou want to know what an investor sounds like?
Seth WilliamsWell, I'm an investor.
Seth WilliamsThat's what I do.
Seth WilliamsHey, property manager.
Seth WilliamsI'm an investor.
Seth WilliamsI'm looking for a property manager to manage my properties in this area.
Seth WilliamsTell me about straight invalidate myself.
Seth WilliamsI didn't put any classifications or whatever.
Seth WilliamsI just put them in on the defense suit.
Seth WilliamsBut that's what an investor would do.
Seth WilliamsBut I never bought a search facility and they were done like direct calling.
Seth WilliamsHow could you do.
Seth WilliamsOkay, let's.
Speaker AQuick, quick disclaimer.
Speaker AI've not actually done this.
Seth WilliamsWell, you've done it for land investing.
Seth WilliamsSo it's.
Seth WilliamsYeah, that.
Speaker ABut I'm just saying, like I'm not saying this is the way to do it, it's just how I would do it.
Speaker ALike.
Speaker AAnd also this, this cold calling idea, it's very time consuming.
Speaker ABut the reason I'd be doing it is because somebody has a gun to my head saying I need to make a million bucks in the next year.
Seth WilliamsSo could you hire VA in the Philippines?
Seth WilliamsHello?
Speaker AThey wouldn't do as good of a job.
Speaker AYou could do that.
Speaker AYeah.
Seth WilliamsRing, ring, ring.
Seth WilliamsHello?
Speaker AHello.
Speaker AIs this the owner of Hiner Self Storage?
Seth WilliamsYes, it is.
Seth WilliamsAwesome.
Speaker AWell, hey, my name is Seth.
Speaker AI'm looking at acquiring some storage facilities in your area.
Speaker AI'm an existing operator and I have one that I built.
Speaker AIt's been going really well.
Speaker AI'm looking to expand.
Speaker AI saw you have this property.
Speaker ACan you tell me a little bit about it?
Speaker ALike how long have you owned it?
Speaker AWhen and why did you buy it?
Seth WilliamsYeah, yeah.
Seth WilliamsSo.
Seth WilliamsSo let's say I bought it eight years ago.
Seth WilliamsAnd no, I'm not necessarily interested in selling but if the right deal comes along then I probably would.
Seth WilliamsThis is, you know, rants really well with 95 auction, Pied, whatever else.
Seth WilliamsBut yes, I mean if it's a good deal I might.
Speaker ASure.
Speaker AI'm curious, like do you.
Speaker AAre you very plugged into the local self storage world?
Speaker ALike do you know other facility owners who might be interested in selling or.
Seth WilliamsOh, I know because we talk and you know, kind of randomly meet somebody because not.
Seth WilliamsNot many people do storage facilities.
Seth WilliamsYeah, I know a couple people.
Speaker AYeah.
Speaker AYeah.
Speaker AWell, you know, I'd be happy to get together sometime, talk more.
Speaker AJust talk, shout about the storage facility business.
Speaker AIf you ever are interested in selling, like just know, I'm in the market right now.
Speaker AI don't know if I will be a month from now.
Speaker ABut like right now I'm ready to go.
Speaker AHappy to take a look at your thing, run some numbers.
Speaker AI don't know how much you're willing to share with me in terms of your occupancy or how much revenue you're making, but that's part of what would go into my ability to formulate a good offer for you.
Speaker AYeah, I mean, if you're at all interested in seeing what I could do, I could send you an offer today if you want.
Speaker ABut even if not, if you want to just hang in my information, I could stay in touch with you and check in every now and then.
Speaker AWould you be okay with that?
Seth WilliamsYeah, absolutely.
Seth WilliamsYou never know what's going to happen.
Speaker AAnd whenever we would hang up, you know, if the answer was no, I don't want to sell.
Speaker AAnd this happens all the time.
Speaker AJust talk to somebody two weeks ago who they wanted way more than it was worth wasn't going to happen.
Speaker ABut at that point, the next step would be sending them a little handwritten letter every six months or so.
Speaker ASomething just to follow up.
Speaker AJust kind of keep them in your mind or keep you in their mind so that when they finally have a reality check and realize it's not going to sell for the price they want, they remember you and call you first.
Seth WilliamsThat's awesome because that's something.
Seth WilliamsAs we were talking, question came to me.
Seth WilliamsWhat would I do to make a million dollars in a year?
Seth WilliamsMy answer was, I have other investors with me that would want to invest in a larger commercial property, whatever apartment complex, storage facilities like commercial.
Seth WilliamsAnd I have two particular people in mind that would be general partners with me on two separate deals.
Seth WilliamsAnd man, I was like, I would love to be in Steph's self storage business.
Seth WilliamsI just don't have a deal.
Seth WilliamsWe have the money, we have everything.
Seth WilliamsWe just need the deal.
Seth WilliamsI thought, why am I not doing this?
Seth WilliamsObviously I have all my other businesses, but I'm like, if I can help other investors to invest money, my, you know, get a property for our family, why don't I do that?
Seth WilliamsSo that got me thinking, I need to do that.
Seth WilliamsYes.
Seth WilliamsSo I'm not making 100% commitment because with Rootcon, you know, the conference and everything, it's a lot of work, but it's on my radar.
Seth WilliamsIt's like I would love to get a storage.
Seth WilliamsSelf storage facility and even like my one, the person I told you about last Night.
Seth WilliamsThat would be a general partner.
Seth WilliamsWe were going to buy a place like 12 million cash.
Seth WilliamsI was like, yeah, I don't know if we need financing for it.
Seth WilliamsJust pay cash for it.
Seth WilliamsI'm like, okay, that's awesome.
Seth WilliamsYes.
Seth WilliamsWhy don't I do that?
Seth WilliamsThat's the great thing about being in conference or being around people.
Seth WilliamsWe get ideas and we help each other and that's why everybody listening.
Seth WilliamsYou definitely need to be at the Real Silk Wall Builders conference.
Seth WilliamsIt's such a genuine community of people that want to help each other.
Seth WilliamsAnd you get questions like that and you're like, man, really is like light bulb moments.
Seth WilliamsAnd you get friends.
Seth WilliamsLike we met at Fincom, another conference.
Seth WilliamsI've met lots of people at conferences because in my immediate like circle of friends or people at my.
Seth WilliamsWhere I live, none of them invest in real estate.
Seth WilliamsSo you got to get around people that invest in real estate.
Seth WilliamsThat's what the conferences are.
Seth WilliamsOr local meetups.
Seth WilliamsLike you need to go to be around the people that you need to be.
Speaker AYeah, for sure.
Speaker AYeah.
Speaker AI'm just going to throw in a quick plug here for the Storyland podcast, just because.
Speaker AHas nothing to do with anything we've been talking about, but.
Speaker ASo if you have kids age 4 through 12, maybe even older, have them check out the Storyland podcast.
Speaker AIt's this podcast I started making for my kids years ago.
Speaker AStarted adding music and sound effects to it.
Speaker AI made a few episodes with Dustin's kids as the main characters and it's a ton of fun.
Speaker AAnd I'm quite sure your kids or the kids you know, are gonna love it.
Speaker AIf they don't love it, then just don't tell me.
Speaker ABut if they do love it, let me know.
Dustin HeinerYeah.
Seth WilliamsFollow them on Instagram.
Seth WilliamsStoryland podcast.
Speaker AYeah, Storyland podcast.
Seth WilliamsI think it's the case.
Seth WilliamsBut then you'll, you'll see when the new episodes drops.
Seth WilliamsBut my kids absolutely love.
Seth WilliamsLike my oldest is 16 and she's still, she's a little.
Seth WilliamsGetting almost to where she was like, okay, I'll just listen.
Seth WilliamsBut definitely like the 15, 13, 11 year old, they're just, they eat it up.
Seth WilliamsNew episodes.
Seth WilliamsAnd there was a time you were putting out for a little bit, like a month or two.
Seth WilliamsYou might been busy.
Seth WilliamsMy kids.
Seth WilliamsCall your friend, tell.
Seth WilliamsI'm sure he's gonna work on it.
Speaker AYeah, man.
Speaker AThat's the trouble with all this stuff, like finding time to look for storage facilities and land and find a time to do stories.
Speaker AIt's like all this stuff takes Time.
Speaker AAnd there's only so much time I have a week to do it all.
Speaker ABut I guess that's the time discipline thing, you know.
Seth WilliamsWell, that and getting other people around.
Seth WilliamsOther people around.
Seth WilliamsThat too.
Seth WilliamsHelp lift the load.
Seth WilliamsYeah.
Seth WilliamsAnd like one quick last thing was getting people around you.
Seth WilliamsWhenever I've hired anybody to send, you know, put.
Seth WilliamsIndeed.
Seth WilliamsOr you know, found somebody at Craigslist, they're never a good fit because they just want a job.
Seth WilliamsWhich is fine.
Seth WilliamsWhich is fine.
Seth WilliamsBut if you have a community like you do, I guarantee you, you say, hey, I'm looking for somebody does marketing.
Seth WilliamsHere's a form to fill out, you know, if you're interested.
Seth WilliamsI guarantee you're getting a lot of people.
Seth WilliamsLike some.
Seth WilliamsIf you even say, I need somebody help editing, you're going to find lots and lots of people.
Seth WilliamsSo we're blessed to have a good community of people around us.
Seth WilliamsThat that's an untapped market of help for us.
Speaker AYeah, it's a great idea, man.
Speaker AI, I kind of knew that, but for some reason, like I haven't always done that in the past.
Speaker AIt's like that should easily be the starting point every time.
Speaker ASo it's a good, good reminder.
Seth WilliamsIn the intro of the podcast, I'm asked to tell everybody we almost stopped like four times.
Seth WilliamsSo just keep listening because they return.
Seth WilliamsI kept on forever.
Seth WilliamsJust keep going and going it.
Seth WilliamsListen, it's been great chat with you and great hanging out with you again at a conference and event.
Seth WilliamsStaying in the same, same area and having a great time.
Speaker AYeah, man, I had a great time.
Speaker AThanks for letting me be part of it.
Speaker AAnd yeah.
Dustin HeinerAnd that is it for today.
Dustin HeinerGo ahead and get my free real estate investing course, Texas word rental.
Dustin HeinerThe 33777.
Dustin HeinerR E N T A L to 33777.
Seth WilliamsYou can also join my real estate.
Dustin HeinerWealth Builders group coaching.
Dustin HeinerGet, get all my courses.
Dustin HeinerAll right guys, we'll see you in the next show.
Seth WilliamsSee ya.