How to Get to $10K a Month in Cashflow With Dustin Heiner
The Personal Finance Podcast
How to Interview and Evaluate Property Managers
Dustin recommends compiling top managers, interviewing them extensively, and treating manager selection like hiring for a business.
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In this episode of The Personal Finance Podcast, Andrew brings back Dustin Heiner for Part 2—a live coaching session where Dustin creates a personalized roadmap to help Andrew generate $10,000 per month in real estate cash flow over the next decade, starting with $250,000 to invest and reverse engineering the exact goal by comparing three rental strategies: short-term rentals with high nightly income but active management needs, midterm rentals for traveling nurses and corporate stays offering more stability with fewer turnovers, and long-term rentals with 12-month leases providing the most predictable hands-off income, breaking down the simple math showing you need roughly 34 doors at $300 per door or 20 doors at $500 per door, revealing how to blend different rental types to raise average cash flow per unit while reducing vacancy risk and keeping management sane, plus sharing golden nuggets on hiring property managers, so you can work backwards from your own freedom number and build a realistic 10-year roadmap to financial independence through rental income.
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