The Side Hustle Show

672: 4 Types of Passive Income to Stop Trading Time for Money

37 snips
May 19, 2025
Dustin Heiner, a seasoned real estate investor with over 30 properties, shares his journey to financial independence through passive income. He unveils four types of passive income, offering insights on building a real estate business and the importance of a capable team. Dustin also discusses unconventional assets like vending machines and digital products, emphasizing practical strategies for generating income streams. Tune in for tips on smart spending, effective research, and leveraging digital platforms to create lasting wealth!
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INSIGHT

Building Passive Real Estate Business

  • Rental real estate becomes passive when you build a business infrastructure with a reliable team.
  • Property managers are key as quarterbacks to run the operation without your daily involvement.
ADVICE

Financing Vending Machines

  • Finance new vending machines with zero money down to minimize upfront cost.
  • Use profits to pay off financing early and reinvest in additional machines.
ANECDOTE

Buying Business with Seller Financing

  • Hannah Ingram bought a car wash for $140K mostly through seller financing.
  • She used business earnings to pay off the loan, creating passive income early on.
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