Millionaire University

How to Generate Passive Income Through Real Estate Investing With Dustin Heiner (MU Classic)

Aug 30, 2025
Dustin Heiner, CEO of Master Passive Income, shares his inspiring journey from a secure government position to achieving financial freedom through real estate investing. He discusses the key differences between active and passive income, the importance of building a solid business structure, and the role of effective property management. Dustin emphasizes starting with cash-flowing properties, innovative financing strategies, and the benefits that higher interest rates bring to cash flow investors. Tune in for practical insights on creating a sustainable income stream!
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ANECDOTE

Layoff Sparked Full-Time Investing

  • Dustin was laid off from a secure county IT job shortly after paternity leave, which triggered his decision to pursue investing full-time.
  • He scaled from one rental to 30+ properties and quit his job at 37 after passive income covered expenses.
ADVICE

Build The Business Before Buying

  • Build the real estate business infrastructure first before buying properties so experts run operations for you.
  • Treat a property as inventory and hire local experts before you purchase any asset.
ADVICE

Hire A Property Manager First

  • Prioritize finding and vetting a property manager; they are the quarterback of your rental business.
  • Interview many managers, ask 20+ questions, hire slowly and fire fast until you find the right one.
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