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You're listening to the Master Passive Income Podcast network.

Welcome to the Master Passive Income show.

My name is Dustin Heiner and I am here to help you afford anything you want in life, create generational wealth by investing in real estate and have financial freedom.

And in today's show we're going to be talking all about my favorite topic, which is helping you to quit your job.

It's by investing in real estate and showing you how to build a business, buy properties, many properties, and scale so that you can become financially independent and never work for anybody else ever again.

All right, let's start the show.

Welcome to the Master Passive Income podcast where we talk about investing in real estate with a special focus on making enough money so you can quit your job and live, live the dream life.

And now here is your host, Dustin Heiner.

What's up?

Super blessed as always to have you here with me on the show.

Now I gotta tell you, like I said in the beginning of the intro, that helping you to quit your job or really what the way to say it is to become financially independent, that's really what, what it really means to be able to quit your job, retire early.

Well, in the end, the reason why I love talking about it, love sharing with it because what it has done in my life and changing my life.

I quit my job when I was 37 years old.

My goodness, it was, it was absolutely amazing.

So right after I quit my job because my wife and I had talked about traveling and seeing a lot of stuff.

2017, didn't have a job anymore.

I had so much real estate that money came in without me working that we went to Japan for six weeks, took my four young kids and my dad, traveled all over Japan like 1500 miles, driving on the left hand side of the road for six weeks.

And I didn't even have to worry about in my properties because I had property managers, I had contractors, roofers, plumbers, inspectors, insurance agents.

I had everybody in the business doing the business for me.

So all I had to do was, was really just make sure those checks rolled in, which is exactly what I want to see for you.

Now I want you to also think about what does your life look like right now?

You know, you can imagine pretty easily, you know, maybe going to work, maybe having some, maybe soccer practice and stuff for the kids, going out with your spouse or you know, basically you're having a normal regular life.

But Remember, you have 40 plus hours of your life that you're giving to somebody else.

Well, not necessarily giving.

Here's a Better way to say it.

You are literally selling your time, you're selling your life to somebody else for a paycheck, for money.

And when you realize that your life is worth so much more than anybody could ever pay you, then you'll think, oh, my goodness, I need to get out of here.

Even if you're making, you know, 150, $200,000 a year, I kid you not, you can make so much more working for yourself.

Now, let me ask you this.

If I were to give you today, if I were to give you a.

No, not a million.

That's not enough.

If I were to give you a billion dollars today, right now, I gave you a billion dollars, would you take it?

Well, most likely you would say yes.

But let me tell you the catch.

If you would take it, the next morning when you wake up, you will not wake up.

You will actually be dead.

Well, you would probably not take it because you would only have, what, another 12 hours left of your life.

Well, your life.

Now, if you realize this is worth more than a billion dollars, because if you would not take a billion dollars today and then tomorrow morning be dead, then you know that your life is worth more than a billion dollars.

When you have that in your mind now realizing that, my goodness, your time being sold to somebody else for a dollar, $10, $50 an hour, or whatever it might be that is wasting your life, you are worth so much more than that.

And that is why we invest in real estate.

That's why we build businesses.

That's why we have experts do the work for us and we have investments.

Our properties do all the work for us.

And that's why I have the show today is I want you to learn how you can actually become financially independent.

That means have all of your expenses covered, buy your investment property so you don't have to go out and get work.

Now, you might be thinking, and we'll get to this, but you might be thinking, oh, man, Dustin, what about, you know, managing the properties?

Like, I don't go to work to afford a property manager.

Like, I don't gotta go make money at a job and pay the property manager.

No, the properties pay the property manager.

And I make sure I account for that expense before I buy it.

So this episode is all about helping you to become financially independent to quit that job.

And if you've listened to this show at any length, you heard me say over and over again, your job is your just over broke job because your boss is paying you just enough to keep you working without quitting.

But not so much money.

It takes money out of their pocket.

Then you realize you are actually living just over broke.

And that is what comes with a job.

I'll be kid you not, I'm literally as soon as I quit my job, I started making more and more money because you have 40 plus hours of your life back to build businesses, to invest in real estate, to be with your family, to do your hobbies, what.

And you travel the world when you have time, that is when your life changes.

And that's why I want you to invest in real estate is because your life changes.

And honestly this is just a way you might be thinking, well Dustin, what do you get?

This is just a way for me to give back or I give back just to give, to serve.

Now I, I'm a Christ follower.

I read the Bible literally multiple times a day.

And I've read that Jesus said that it's better to give than receive.

I'm like, okay, that's a great thing to do.

And Jesus also said that he did not come to be served, but came to serve.

I said, you know, I need to be serving people.

I don't need the money anymore, which is great.

Or you know, because I have my property, I don't need a job now I can just serve people.

And so my goal now is to help 1 million people to invest in real estate.

And so hopefully you are one of them.

And we're going to jump into where.

I'm going to walk you through how to invest in real estate.

Even with a full time job, to become financially independent.

And on top of that, you need to be around the right people.

You need to be around the people that are investing in real estate.

I kid you not, like where I live, I don't know anybody, maybe one person that kind of invests in real estate, but I don't know anybody that invests in real sites like you and I do.

Like they don't invest in real estate like us.

And I have the Real Estate Wealth Builders conference that I want you to be at.

It's an annual conference.

Every year we're in a different city.

Go to rubecon.com r e w b c o n.com and you'll learn all about the conference.

This conference is literally created for you.

In fact, man, I went to conferences for real estate and they're all sales pitches, you know, they want you to get there and they want as many people packed in the room and they get this great speaker, super energetic and pump and hype everything up and they Say now run to the back.

It's normally a billion dollars, but it's $80,000 today and people run to the back.

I did that.

I got suckered into one of those and so I created a conference, an event, a gathering of people that I wanted to go to that's all about community.

No, like literally it's a no sales pitch conference.

We don't sell from the stage.

We are there to help you and connect you.

So go to rubecon.com you need to be a part of the Real Estate Wealth Builders conference.

It's an annual conference.

Go and check the dates on.

Also use the promo code.

MPIPodcast link will be in description.

The code will be in the Description.

Well, but MPI podcast and get 20% off your pass.

It's literally my way to help more and more people to connect to each other and grow and get around experts we have this year we have 40 plus expert investors with us, helping us all to become better investors, all just giving their time.

I don't pay them to come speak.

They're just terrific people.

So you need to be there with us.

Go to rubecon.com, get your pass for 20% off.

MPI podcast now.

Where you are in life, it might seem really tough.

You have work, you have a family, possibly you have hobbies, you have interests, your work might be working you so hard that it's really, really you don't have any much time left in the day.

And then you, you're living just over broke, which means you don't have enough money to actually afford anything outside of just, you know, affording food and shelter.

But you might be thinking, I don't have enough time.

Dustin.

Well, to be completely honest with you, everybody has 24 hours in the day.

We nobody has more hours.

And I did this.

I'll tell you what I did.

So I would wake up in the morning at 4:30 in the morning and I would go to the gym from five to six.

I would do CrossFit and love CrossFit.

I still do Olympic lifting now, but I did CrossFit for an hour, then jumped in a shower, then ran all the way to my business.

So I had a business, a convenience store and pizzeria that I started and I had employees running it, trying to get out of that job.

And I opened the business, got the employees going and then I would go to my job.

I work for the local county government and I would work from, I think it was like, I don't know, 7:38 o'clock all the way till 5:00.

Then go to back to my business, close down the business and then get home by, I don't know, 6, 30, something like that.

You know, eat dinner, kiss my wife and play with the kids for a little bit and go to bed and do the all over again every single day.

Because I saw that the light of the end of the tunnel, this is something I needed to do.

Like I worked hard, but also I bought one rental property and then with my business started not making money.

It was really bad.

It was in the crash of 2008, 9 to 10, we started losing money.

So that got worse.

But then I saw a glimmer of hope with that one rental property that I bought in 2008.

It was making me so much money, it was like 350 bucks a month in 2008.

That was a lot of money.

350 bucks a month in passive income.

Well that is $7,000 a year almost.

I mean there are more.

So with that much money coming in, I realized I need to stop this business that I have and I need to fully go into real estate investing.

And even though I didn't have any time, I figured out a way to build a business so that the business runs itself and I didn't have to do any work.

That's why I travel the world.

My family in 2017, in fact in 2018 we went to Europe, went through 11 different countries in Europe for a six week trip.

2019, we went to the east coast for four week trip.

All these time traveling, I did not even look at my properties, talked to my property managers, they took care of everything.

And that is how you can become financially independent, quit your job and have an automatic business because you have other people doing the work for you when you build the business first.

And I'm going to give you, literally give you in the step by step of how to do this.

You realize that there other people are experts that they are helping you get everything done in the business so that you don't have to do it.

Now I buy a property, it takes me maybe an hour or two of my time.

I literally just bought three single family homes up in Akron area, just bought three single family homes.

And altogether of my time, from negotiating to whatever to maybe a couple hours for all three.

And here's the reason why.

I have other people already doing the work.

From title companies to contractors to insurance agents, like you name it, I already have those people in my business.

And that's what I'm gonna teach you.

Today is showing you that you can get out of the nine to five.

You can basically rebuild your life so that you have other people doing the work for you and freeing up your time.

Because remember, you have 24 hours a day.

Just like I had 24 hours in a day.

I had to figure it out.

I stopped watching tv, we stopped going on vacation, we stopped doing everything for a few years because I saw the light at the end of the tunnel showing me that man, I don't have to sell my time anymore.

I can actually have passive income or cash flow from my properties so that it makes money for me.

The properties make money for me without my working.

And here is what I did and I want to pause for a quick second and share that.

Honestly, I really want you to invest in real estate.

Now my new goal is to help 1 million people in invest in real estate.

So two things I would ask from you.

Number one, if you get anything out of this episode, please share it with somebody else.

Number two, I want to get you to invest in real estate.

Get my real estate investing course absolutely for free.

Text the word Rental R E N T A L 233777 rental to 33777 I'll literally give you my course.

Show you how to find the area of the country to invest, how to build the business first.

You know I always talk about that and how to find the right properties, how to make sure you're getting experts do the work for you and scale the business to where you're making $250 or more in passive income.

Scale it to quit your job.

I'll literally get to you.

Or go to masterpassiveincome.com freecourse but I really really want you to invest in real estate because the more that actual normal everyday people own real estate that are good landlords, the better everybody's life gets.

Because today we're talking about how to invest in real estate with a full time job.

Now I know just about every single person has a job full time, part time or whatever.

I even do have some students that are retired that they are basically living on Social Security and they still want to grow their business, they want to invest in real estate and here I am trying to help them to get started even though they don't have a job now I'm going to tell you that having a full time job is actually fantastic in order to start a real estate business.

There are many great things about having a job and I utilize them as much as I could.

As I built My business.

So even though job is a four letter word, it stands for just over broke.

There are some good things about having a job and how having a job can actually help you build your business even faster.

You know, imagine if you were on Social Security.

You know, you're older and you're on Social Security.

You don't have the ability to make more money or get a raise or anything like that.

Well, it's harder to invest because you have limited funds coming in.

So here are some good things about having a full time job.

So to give you a little encouragement.

So number one, you have full time job security.

You know, it's security in you.

Even though they can fire you at any time, you have the ability to rely on your job to bring money in.

And on top of that, your money that is coming in could hopefully be able to save to invest and buy more properties.

You know, if you're on a fixed income, then that fixed income, it's hard to actually get more money to buy more properties.

You have to figure out some other, you know, unique and creative ways to find and buy properties.

So you have a lot of security when you have a job.

And that's one of the biggest reasons why people stay in jobs for their entire lives until they have to retire because they're a little old to keep working is because it's job security.

It's security that money's coming in all the time.

Plus you have things like health insurance, a full time job.

Also it fuels your growth for your investing business.

Like it fuels the ability to buy more properties faster.

You know, if you get a raise, do not spend that money.

Like if you get an extra $100 in your paycheck every single two weeks, that's $200 extra a month.

Don't think, man, I could go get another car or you know, get a better car and spend that money.

No, don't think like that.

Think that that $200 is extra every single month that you can put in a savings account, a money market account or someplace that you can touch that money in the future, pull it out and buy an investment property.

So the job that you have, use that to buy more properties.

Use that to fuel your growth of your business so much faster than you could if you did not have any extra money coming in.

Here's another great thing, and I've used this over and over again.

Now you've heard me talk about the B R R R strategy.

Basically re cycling your money over and over and over again, which I've done many Many times it's so much easier to get loans when you have a job as opposed to when you don't have a job.

You know, when you don't have a job, the bank is going to look at you and say, how are you going to repay this loan?

You could tell them, well, I'm going to use this loan to buy this property and that person's going to another person, I'm going to get somebody else to live in that property.

They're going to give me money every single month and I'm going to give it to you.

They would say, well, that's all well and good, but there's no proven track record that's actually going to work.

Now unless you've been an investor for quite a long time like I have, they need something like a W2 or your paycheck, two years of employment to prove that you're going to continually be working so that you can pay off the mortgage that you're going to be borrowing from them.

So before I quit my job, I actually postponed quitting my job for an extra six months because I was working on financing for properties, pulling all the money out of those altogether to buy more properties.

And I knew that if I did quit my job in the middle of that refinance process of pulling money out, they would say, hey, what happened?

Well, we're not going to give you the loan.

And I really wanted the loan because I needed to buy more properties or I wanted to buy more properties.

All that money equity sitting in those properties that I already owned, it was just sitting there and I was not utilizing it.

So I put it off six more months to quit my job in order to get that financing done.

As soon as that financing was done, literally I'm going to say like the next day or next two days, I said, hey boss, I'm quitting my job.

You know, I'll give you two weeks notice.

And so I put in a two weeks notice and then quit my job right after that.

It was a necessity in order to get my bank financing.

Now, now that I have quit my job, it's been two years and I now what the banks do, they just look at your tax returns to make sure that you have money coming in.

They just, all they really want to do is verify that you have money that can repay what they're, what you're borrowing from them.

So I use my tax returns.

So those are just a few things that are great about having a job.

You know, you have constant money coming in.

Like I would suggest don't quit until you actually have enough money to replace your income.

In order to invest in real estate with a full time job, this is the biggest thing.

So if you take anything away from this podcast, any big lesson that can help you literally change your life with rental properties, this is the key that I'm going to give you.

You do not have a side business, like a side real estate or I invest on the side.

You do not have that.

What I'm going to tell you is it's your mindset switching from you having a job and then having a side business.

Like give you an example.

If somebody stranger that you don't know comes up to you and you start talking to each other, you know, like a Christmas party or some some sort of party, you guys are saying, hey, so what do you do?

And the other guy tells you what they do and the person asks you, what do you do?

You don't want to say, well, I work for, you know, this banking company, I work for the government, or I work for this, or this is my job.

Don't answer it like that or get that out of your mind, that your first answer is what your current job is.

You want to get that out of your mind.

What you want in your mind is that you are a real estate investor.

So when anybody asks me, before I quit my job what I do for a living, I say, I'm a real estate investor.

And I say, oh, wow, that's, that's great.

What do you invest in?

I invest in rental properties, cash flow every single month.

So that cash flow every single month helps me to continue to build my business even bigger and bigger.

And if the person asks you, so, you know, do you, is that your only job?

You say, no, I have a side job.

You know, I have a side job working for, you know, this company or that company.

So what happens is you have a change in mindset going from being that person that has that job, like you're identified as the person that with that job, to now you are a real estate investor with a side job.

Even though the bulk of your money comes in from your side job, it doesn't matter.

You are an investor.

You are what you tell other people.

And here's what happened to me.

As soon as I made that shift in my mindset and started telling everybody instead of kind of being like hiding it because, oh, I only have one or two or three properties, as soon as I made that shift and started telling people, no, I am an investor with a side job, so many more things happened.

To me, where deals fell in my lap or money fell in my lap, not necessarily money fell on my lap, but I had people wanting to give me money to help them invest and be a part of my business.

So many great things happened when I started telling myself, I am an investor.

So I want to encourage you, if you take anything away, you are a real estate investor with a side job.

Stop telling people that you work for this company or this is your job over there.

No, you are a real estate investor and trust me, things are going to change because that gets into your mindset now your mind has changed.

Where now you are that investor, you are what you want to be.

And that gets into our next thought of how you can invest in real estate with a full time job is your mindset.

Your mindset is what's going to actually get you to where you create deals, you get deals done, you get things done where nobody else thought they could happen.

So here's a great saying that I really, really love.

There's two of them that kind of go hand in hand.

Number one, necessity is the mother of invention.

So if you're telling yourself, I really want to quit my job, I'm tired of working for this boss, I'm tired of working this job.

And it's a necessity, like you are making yourself quit your job, where you're going to find the way, and the second quote is, where there is a will, there is a way.

You're going to find a way through that hurdle or through that roadblock or jumping over that hurdle.

I kind of mix those two analogies together.

But you're going to jump over that hurdle or you're going to get through that roadblock.

Because with necessity being the mother invention like it's necessary, like you know that eventually at some time your job can fire you or you can get laid off or something bad can happen or God forbid something happened to you, you couldn't work because you were ill.

Well, with necessity there's a mother invention.

So you got to think in your head, in the future I might not have this job and I want to change my life now.

Let me start working towards it.

And where there's a will, where you saying, In 10 years I'm going to quit my job or in five years I'm going to quit my job.

Where there's a will, you will make the way.

Because what's amazing is as you put your mind to it, as you start thinking of how to get around these roadblocks, you're going to see these problems Start to dissolve in front of you because you figure out ways around them.

That's the great thing about being an entrepreneur.

Like us as real estate investors, we're entrepreneurs, we see a problem in front of us.

Where most people, they'd see that problem, they'd stop.

What we do as entrepreneurs, as real estate investors, we see a problem.

We see it as an opportunity.

Opportunity to make money, to change lives, to make everything better.

So it's really hard, though, and trust me, I've been there where you don't have any properties right now.

It's hard to see the light at the end of the tunnel, because really, you're not even in the tunnel yet.

You're not even going because you don't have a property.

Maybe you have one or two or three properties, and you see a dim, dim light at the end of the tunnel.

You know, very, very small.

You're getting a little like maybe 200, $300 a month every single month coming in from one or two properties.

Well, that light gets bigger and bigger at the end of the tunnel.

The light gets bigger and bigger as you get more properties.

So your mindset needs to be shifting from where you have a job and a side business to where now you are a real estate investor and you buy that first property.

Once you buy that first property, you start running down that tunnel.

And each property you buy after that, the light at the end of the tunnel gets bigger and bigger and bigger.

Your emotions start to well up, like, man, I just got to get more properties.

This is fantastic.

My life is changing.

The more properties I get allows me to buy even more properties.

This is fantastic.

And this is what I want for you.

I want to see this change in your mindset so that instead of giving up, no, you're dedicated now.

Instead of, well, there's a roadblock, and I'm stopping here.

No, you're going to bust through that roadblock because you're persistent.

You're going to keep going.

And so with your mindset, you want to develop inside yourself a dedication, a dedication to getting this job done, getting this business built, buying that next property.

Hey, I don't have.

You might be thinking in your head, I don't have financing for this property, this deal that I found.

Well, that's a problem that you're going to have to figure out.

You see an opportunity.

How can I get past this roadblock?

How can I answer this problem?

How can I get this opportunity changed into something that's going to be making me money?

And the next one is persistence?

Being persistent is one of the ways like I am.

I'm just stubborn.

I'll just keep going and keep going until I make it work.

That's just how I am.

And I know you're very, very similar because we're entrepreneurs, we're going to get things done where most people won't.

Now, also along with that, your mindset.

You need to change your mind and you need to change your understanding of how to actually invest.

When I first got started, I had no clue how to invest.

And really, honestly, through the school of hard knocks, I really learned exactly how to do it.

And I've made my business just a well running machine where it runs without me.

So what I suggest, along with your mindset, getting, being dedicated, persistence, and making sure you have the will to get done, you need to get education.

You need to get as much education as possible so that you can really get through those roadblocks without having to bang your head against a roadblock time and time again.

Because if you get with somebody like me, like all my students, most, I would say majority, if not every single one of their problems that they come up with, I've either gone through it or I figured out a way around it.

I've been in your shoes.

And so all my students, when they come up and say, well, here's this issue, I don't have financing here, or here's this deal, but this seller wants this.

And I'll say, this is what I've done, this is how it worked for me and this is a way I could have done a little better.

This is a way that worked out perfectly.

You should go this route.

And so you need to have education and also get coaching.

Get somebody that's going to help you get past this next hurdle, that somebody that's already been there, you know, like somebody that's already through the tunnel, they're at the light at their, you know, beyond the tunnel, they're waving back at you, say, come on, you can do it.

So get education, get knowledge, so that when those roadblocks come, you already know how to, you know, bust through them or jump over that hurdle.

Get education in your brain so that you can get past that.

All right, now here's a big one for lots and lots of people.

Listen to my podcast.

It's scheduling in the time to get this done.

Scheduling in the time to build your business.

Now, I know lots of people are working, hopefully, you know, 30, 40, 50 hours, but some people are even working less or more.

You know, if you're only working 20 hours a week because your job won't allow you work anymore?

Well, you have lots of time to develop your business, but what if you're working 70, 80 hours a week because it's just that demanding?

Well, I've been there, trust me.

I had a business where I was working for the government, which I was working like, I don't know, it was like 10 hours a day.

On top of that, I had a retail establishment that I was there basically from morning to night, and in the middle had that job.

So 14 hours a day I was working.

But in the meantime, on my lunch break, when I was working my job in the government, I'd go and do work for my real estate, trying to find new properties, trying to build my business.

And so every single waking moment, I saw the light of the tunnel.

I said, you know what?

I'm going to keep working towards that.

Every single waking moment that I had that I wasn't putting into a business or to my family, I focused on building my business.

So I'm going to be honest and say what I suggest.

This is what I tell all my students.

If you spend one hour a week, you know, building your business or learning, that's not going to be enough.

It's going to take you a very, very long time.

You know, time is precious.

That's the most expensive commodity that you can spend, is your time.

Now, wouldn't you rather have quit your job sooner rather than later?

You know, if you can quit your job in 20 years, then you're going to work towards that.

But what if you can cut that in half and you could quit your job in 10 years because you spent more time studying, more time building your business?

Of course, wouldn't it be better quitting your job 10 years earlier than you normally would or 20 years earlier?

I quit when I was 37 years old because I pushed myself.

I spent the time I studied.

I really tried to build my business as fast as possible.

So this is what I'm telling you right now.

I would, if I were you, spend five to six hours each week building your business.

I mean, when you think about it, five to six hours a week, that's one lunch a week.

You know, if your.

If your lunch at your work is an hour long and.

Or your commute is an hour or something like that, but it's, you know, five hours, you have seven days a week.

If you just took your lunch, you know, Monday through Friday, one hour of your lunch and build your business that way, in that amount of time, you're Going to have a business very, very quickly and run much faster.

Now, if you're thinking some people may say that they don't have five or six hours, well, here's the thing.

You need to make the time.

I don't know where you're going to get it.

I don't know how I got it.

I just did it.

I said, you know what, this is important to me.

I'm going to make the time.

It could be, you know, once you put the kids to bed, you spend an hour or two hours studying, building your business, whatever it might be.

You need to make the time because honestly, this is important.

You know, it's important to change your life.

Now, if I didn't spend this time, I would not be quit.

Like I would not have quit my job in nine years.

When I was 37 years old, I quit my job.

And every second that I spent building my business before I quit my job is so worth it.

I can't tell you how amazing is to not have a mortgage, like literally paying off your house because you have enough money coming in and not have a mortgage and also not have to worry about bills.

I mean, just imagine not having to have a mortgage, not have to worry about bills because money coming in, not have to work because you have money coming in.

You have an automatic business coming and bringing that money in.

I just, I can't stress enough at how amazing life is when you have all these.

When money's taken care of because you have a business spending five to six hours a week.

You need to make the time to do that.

Next, in scheduling your time, you need to basically organize and become efficient in your time management.

It could be where you also make it a routine where as you're driving to work, let's say you have a 30 minute commute driving to work, you're listening to the podcast, or you're getting education or you're calling up mortgage brokers or you're calling up property managers.

That's the time that you're doing.

It could be like I said on your lunch break where you say, okay, I clock out, let me grab my sandwich, I'm walking, you know, out of the, out of the office.

You don't want to do work in your office.

Probably, you know, eat your sandwich on the way out and then as soon as you sit down in a park somewhere and on a bench or however it's going to look like for you, this is, I was actually outside, you know, underneath the tree.

And so I made it so that it was a Routine.

Every single hour that I got for lunch, I ran outside, started building my business.

So you need to become efficient as well as organized.

Whatever you're doing, driving, you know, if you're driving to the gym, spend time building your business.

If you are outside mowing the lawn, spend time on your like listening to my podcast or listening to books or getting education and coaching.

You need to every waking moment that is spent doing something else.

I would suggest develop yourself into the business.

I literally stopped listening to the radio like music for like five years because there were so many podcasts, so many books, so many things I needed to learn.

And so I took all of that time that would normally gone to just, you know, kind of vegging out and not doing anything that.

Or not being productive.

Instead of doing that, I made myself very productive.

So try to become efficient with your time.

Whenever you have an extra waking moment that you're not devoting to something else, like your family, your job or something else, try to capture that time, become efficient and use that to build your business.

Also, in scheduling your and having time management, you need to put systems in place and organizations in place.

Now we live in such a great time with so much technology that it is so much easier to invest in real estate.

And also with scheduling in the time in your life, there's so many ways to make your time use more efficiently.

You know, like Evernote is a great place.

You keep all your notes inside there.

Dropbox is another great thing.

Listen to podcasts, but I want you to look out for tools that you can use.

And you're probably already using these, but see how you can use these for your business to make your time much more efficient.

You can schedule things better and you want to make sure that your time is utilized the best.

Now this podcast I'm not going to go.

It's way out of the scope of this podcast to teach you, you know, the systems to organize and, you know, schedule a time.

I'm sure you can figure that out pretty easily.

What I want you to do is now utilize those things so that you can get your business built, that you can continue to buy properties, you can have other people work for you.

This goes in the next step.

When scheduling your time and thinking about how much time is spent on your business, think about how you can have other people work for you, how you can pay other people to do the work that you can do, but you pay them.

And everything from property managers like, I don't manage my properties because my property managers do that.

You can have contractors Realtors, wholesalers, mortgage brokers.

And this goes into the next step and from scheduling your time and taking care of your time with investing while you have a full time job, what you want to do, a big huge suggestion is to build a team of others working for you.

You want to have other people working for you day in and day out, when you are sleeping, when you are working, when you're on vacation, when you're playing with your kids or going on a date.

You want to have other people like property managers, realtors, like I said, mortgage brokers, bankers, wholesalers, contractors, handymen, plumbers, all these sort of people.

Your job is to build a team of people that are working for you.

The biggest thing that you can do in your business is hire others to do all the work for you.

Now I have a podcast episode that I want to give you.

Go back and listen to my podcast episode number eight where I talk about how you can build an automated business by having a team of people working around you.

To listen to episode go to masterpassiveincome.com 008 that's the eighth podcast episode.

You're going to learn how to build a team who you want on your team, who are the, the must have people that you need on a team and then also the nice to have people, you know, if you build it even further than that.

And so go back and listen to that episode or go to the podcast show notes and I walk you through everything there.

So what you want is to build a team of people around you.

The next item in how to invest in real estate with a full time job is money and finances.

I know that's one of the biggest questions I get from everybody, from all my students, from all my podcast listeners, from everybody who reads my books.

It's basically how do you get finances?

Like how do you take care of the money?

Obviously you know, if I had a million dollars, I can go buy properties.

Well, everybody could.

You know, I didn't start with a silver spoon in my mouth.

I literally built my business from scratch.

I saved money, bought a property, saved more money, bought another property, refinanced those properties to then buy more properties.

So that's how I did it.

So with money and finances, if I know that's most people have that issue.

One, the first step is increase the amount of income that you make.

Now if you have one job and you think, well, I'm not making much money here, I'm just over broke because my boss isn't, isn't giving me more money, well, Go and ask for a raise.

It doesn't hurt to ask her a raise.

Literally ask for a raise and say, you know, I think, boss, I'm doing a great job and these are the reasons why I'm benefiting you.

And here's.

Here's a tip.

This is a tip outside of the scope of this podcast, but when you're asking for a raise, don't tell your boss the reasons why you need a raise.

Don't tell him that, because that doesn't affect him.

He doesn't care.

He or she doesn't care.

You know, might.

Might tickle their ears and like, oh, he needs this, he needs that.

Don't tell them that.

Tell them the reasons why they need to give you a raise.

Show them how you benefit their company or whoever you're working for.

Show them why it's necessary for them to give you the raise.

So here's what I want to give you.

This is the tip.

You want to point out to your boss why they need to give you this raise.

What benefit goes to them.

And when you do that, it's going to make it seem like in their mind, like, man, we have to.

Because this is going to benefit our company so much.

And I'm not sure.

You're going to have to figure out whatever your job is and whatever you're doing now, you're going to have to figure that out.

But you have to figure it out well.

And when you express the reasons why you need a raise, it's because it's going to benefit that company.

Okay, so increase your income.

It could be asking for a raise.

It could be driving for Uber.

Like, if I, if all my properties went to crap and I literally could not make any money, I'm not getting a job.

I'm going to drive for Uber or Lyft.

I'm going to figure out, you know, Uber eats, or I'm going to drive for Amazon.

I'm going to do.

Driving is a lot of it, but I'm going to do other things.

I'm going to start businesses.

I'm going to.

I'm going to go sell things door to door.

Like, I am not going to work for somebody else because I had a taste of what it's like to be my own person.

So with increasing your income, go and get a side job.

Go and get another, Another.

You know, if you're actually a delivery driver, you're driving for Uber or something like that, that's more time.

You could be learning.

There's more time that you're Making money and learning.

So increase your income.

And increasing your income is so that you can save more money.

Now, the next step after increasing your income is increase your savings amount.

When you have money, it's so easy to buy properties.

Trust me, it's so easy.

It's super hard when you have, you know, to get seller financing or find wholesalers.

I mean, that's much, much harder to do or if, you know, tax liens and all that sort of stuff.

But if you have money to spend on the cash, it's so much easier and you get a big discount.

So you want to increase the amount of savings that you do every single month.

Put away $100.

Like, force yourself $100 even though you don't have it.

Force yourself to save $100 every single month.

And then in six months, increase that to $125 or $150.

The more money you save every single month, the more properties you will be able to buy and the faster you will be able to buy it.

Here's another thing with money and finances.

Cut expenses.

Now, I'm not saying this is going to be forever, but you want to cut expenses so that you can save more money to buy more properties.

Now, I cut so many things out of my expenses way back when I first started.

Now I have them put back in, like, you know, buying coffee or going out to dinner almost every every other night.

Like, I cut those things out because I didn't have money.

But now that I do have money, I put them back in.

So you want to cut expenses.

And it could be you're driving, you know, maybe $600 a month more or payment on a car.

Not mortgage payment, but auto loan payment.

You know, give that car back or sell it.

Get out of that $600 a month or even $400 a month.

You want to have a car that gets you from point A to point B and has as little money coming out of your pocket as possible.

Like I've told you many times, I still drive my 2007 Honda Odyssey even though I have plenty of money.

Praise the Lord.

I have plenty of money that I could go and buy a car, but I don't because I don't need to.

It's not something.

It's like I cut it out of my system of, you know, having expensive things.

And now that I have plenty of money, it's like, ah, I'm fine without it.

But who knows?

Maybe in the next few months I'm going to go buy my wife a car just because you Know I love her.

And it's about time.

Maybe it's time to do that.

But you cut your expenses out now, and then you could put them back in later.

So this is a huge tip.

Cut your expenses so you can save more money.

Now, the next part is continue to save and continue to use that money and invest that money so that when you quit your job, you have plenty of that innate sense of saving money in your system.

Continue to save until you actually quit your job.

Like, don't go and overspend on, you know, something that's just going to take money out of your pocket.

I specifically remember a time where we had an opportunity to go to Disneyland with, you know, some friends or family members, and we said, no, we're not going to, because we're saving money.

I thought, you know, that $3,000 that we're gonna be spending at Disneyland, that's a whole property that I could buy.

I could use that money to buy a property.

Now with money and financing, continue to save, but then also find other investors who may want to lend you money.

It could be your family members.

It could be your dad, your mom or acquaintance.

So with you telling everybody that you're an investor, somehow that whole just.

It's really neat how people in networking, they start thinking, hey, I don't want to do it, but I have money that I can invest through you.

Would you want to do that?

When you get to the point where I am, I have people asking me all the time, like, I have money.

Can you invest it for me?

Or, you know, are you buying an apartment complex?

Can I invest with you?

I'm like, so anyways, I have a huge long list of all the people that I could reach out to.

When I buying a, you know, like a $10 million apartment complex and say, hey, we got to raise 2 million.

You know, how much money you want to put in?

Do you want to get a percent equity in the stake in the property?

So as you become an investor and you get more and more into it, more people want to give you money.

So be talking to other people about how they can invest with you.

Now, another thing, when you're building your business, you're talking to mortgage brokers in money and financing.

Keep talking to mortgage brokers, seeing what they need from you, like what your credit score needs to be, how much money you need to make, how, how they, you know, what they need from you in order to be able to give you a loan for a property.

Now that moves on to networking.

You need to network with Other people find a real estate investment association group that meets together in your area, more than likely they will.

It's a reia.

Like if you just type in REIA in a search, Internet search in your area.

Like if you're in Oklahoma type, or you know, let's say Tulsa type in reia, Tulsa, Oklahoma, and you'll probably find one in your area.

This helps you get around other investors that you're going to be able to, you know, rub elbows with and sharpen each other's ideas and maybe find deals there and find other investors to work with.

Now, with Master Passive income and the course, that ultimate real estate investing course that I have, it comes with a real estate investing group that I have all my students a part of and we're all working together, trying to help each other out.

And I'm in there answering people's questions as well.

And so we're working together to build businesses together.

Now, I want to give you, after we've gone through just all that, I want to give you a step by step process that I would take and that I actually did take to buy my first property.

Number one, I needed to find an area to invest in.

I needed to make sure I was investing in a place that actually had a good cash flow or good cash return.

And for me, I was in California when I started investing and the first place I bought was in Ohio and it was because they had good returns.

I could buy a property for fairly inexpensive money or fairly cheap, and it gave me a lot of money, passive income coming in.

So first one, find an area to invest.

Number two, once you find that area to invest in, you see that there are plenty of properties that you can buy and you continue to build your business.

You want to build a team to work for you and work in your business.

So where you're going to go and start investing, make sure you find the property managers, the realtors, the wholesalers, the mortgage brokers, all that sort of stuff.

You want to build up your business in that particular area so that when you do buy a property, you find and you buy a property, then you have your team immediately jump on that property and start working for you.

Where they're fixing up the property, they're leasing it out, they're getting that tenant in there, they're collecting rents, and you have that business already running.

So I never buy a property until I have the business already running.

Next thing, after you build that business, you know, first one, finding an area.

Number two, you're building the team around you.

Next step, Number three is to find a property really utilizing wholesalers, like I said, utilizing realtors, Zillow.com, craigslist.com, all these different places to find a property, analyzing the numbers, making sure that you're going to make passive income every single month.

And once you do that, once after you have all that everything in place, you buy the property because you have the mortgage broker, you know you have your savings and then you buy that property.

Then immediately have your property manager fix up the property.

Fix up the property, get it ready, start listing it for rent, and then you also find a good tenant.

The next step would be really find a good tenant.

I'm a strongly suggest you run a background check.

Never, never, never.

I'll say it again.

Never, never, never place a tenant unless you run a background check.

Now if you use Cozy like I do, it's a property management system and go there, it's completely free to you.

It's fantastic.

MasterPassiveIncome.com Cozy C O Z Y if you go there, you will be able to utilize their service.

Put your listing of your property for rent and anybody who wants to rent your property, you can say, you know, make sure they do a background check and the tenant pays for the background check.

You get the background check and you can see if this tenant's going to be a good tenant for your property.

So use cozy.

Fantastic.

Masterpassiveincome.com cozy get yourself running good background checks so you can find a good tenant.

Here's the last step.

Super simple to say, but harder to do.

Do the process all over again.

Like literally do it all over again.

It's a rinse and repeat process type of business.

I now, because I have my businesses set up in certain areas, it takes me literally one to three hours from finding a property to getting it rented and making money every single month.

Because all I need to do is find a property.

Actually people bring properties to me, so sometimes that doesn't even take any of my time.

But I run the numbers, I make sure I get the financing set up or my cash or however I'm going to do it and buy the property.

So it literally takes me every, at most three hours to find a new property that makes me money every single month.

Now this has been hopefully a great way to show you that you can invest in real estate with a full time job just like I did.

And now it was nine years later I quit my job and that is it for today.

Go ahead and get my free real estate investing course Texas Word Rental.

The 33777.

R E N T A L to 337 777.

You can also join my Real Estate Wealth Builders group Coaching.

Get all my courses.

All right, guys, we'll see you in the next show.

See ya.