Episode 133: How to First Get Started with Real Estate Investing

Posted Jun 05, 2020 | Chris Petrie

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Over the past few weeks I have received emails and messages about learning how to invest into real estate. The truth is, the answer to this question could go a million different ways.

Why? Because there are so many different ways to invest into real estate.

But, to start answering the questions, I decided to start with how to start investing in real estate. Therefore I reached out to my friend and real estate expert, Dustin Heiner.

During our conversation, we cover:

  • The 6 different ways he makes money in real estate
  • How he chooses the right property
  • What area of the country he thinks is best for real estate investing
  • Some of the biggest mistakes he sees investors make
  • How to build the business BEFORE buying any real estate
  • How to maximize your investment while minimizing your risk

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The Show Notes

Why would anyone want to invest in real estate?

Maybe it’s to diversify their retirement nest egg? Or maybe they’re looking for a passive income stream? Or maybe they want to build long-term wealth they can pass down to future generations?

Whatever your reasoning is for investing in real estate, the biggest question should be: How do I get started?

I’ll be honest – even for someone who has spent years inside the financial world, I still have many questions and I am definitely NOT an expert in real estate by any means. In fact, I will share in the episode how I lost a ton of money in real estate in 2019.

Therefore, I am turning to an expert when it comes to long-term real estate investing — Dustin Heiner.

Dustin is the founder of MasterPassiveIncome.com and SuccessfullyUnemployed.co.

During our conversation, Dustin will share the 6 ways he earns passive income in real estate and how to get started.

We discuss everything from choosing the right property, finding the right property manager, what parts of the U.S. Dustin is currently invested, and some red flags you must watch out for.

Dustin also will share with you how he has built up a portfolio of over 30 properties and what he is expecting the future of real estate investing.

Links Mentioned in the Episode

Are You Ready to Make the Finances Better?

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Chris Petrie

Chris (Peach) Petrie is a personal finance expert, money coach, speaker and podcaster.

In 2011, Chris and his family were exhausted from living paycheck-to-paycheck and facing a mountain of debt. They started going against the society standards of misbehaving with money and made the decision to take back control of their lives and money. Within seven months they paid off $52,000, started saving like crazy and began building real wealth.

The word spread fast and Chris started showing friends how to create a budget over dinner. Soon after he started showing their friends how to do the same and eventually Chris started teaching personal finance classes around the community. As the need for the classes grew, Chris launched Money Peach in 2015.

Money Peach was created to help everyday people remove the stress and fear of money by showing them how to save more, make more, and keep more of their money.

Chris Peach has been featured in places like Business Insider, The Huffington Post, Elite Daily, and CheddarTV.

When Chris isn’t at “work” he can be found at the Crossfit gym or riding on the fire truck — Chris is also a full-time firefighter in Phoenix, Arizona.

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