Real Estate Reserve Podcast

Dustin Heiner - The Deal That Changed My Life In this episode of the Real Estate Reserve Podcast, hosts Jason Balin and Ian Horowitz welcome back real estate investor and founder of Master Passive Income, Dustin Heiner, to share the deal that changed his life. Dustin opens up about the second property he ever bought—the pivotal moment that transformed his investing journey. After a rough first experience where his property manager started stealing from him, Dustin made a powerful mindset shift. He stopped "buying properties" and started building a business. That one decision set him on the path to financial freedom, helping him grow to 30+ single-family rentals and over 750 apartment units across multiple states—all while working less than 30 minutes a month. Hear how Dustin: ✅ Turned a bad experience into a scalable system ✅ Built a team-first investing business model ✅ Taught his 16-year-old daughter to manage rentals ✅ Traveled Japan for 3 weeks without checking in once ✅ Is helping 1 million people achieve real estate freedom 🎧 Don't miss Dustin's first episode for his full investing story: 👉 Build Lasting Wealth With Real Estate Investing with Dustin Heiner 📘 Get Dustin's Free Course on Building a Rental Property Business: 👉 https://masterpassiveincome.com/freecourse 🌐 Visit his website: https://masterpassiveincome.com 📱 Follow him on Instagram: @thedustinheiner 👍 Like, comment, and share to help spread the knowledge. Subscribe so you don't miss future episodes! If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777

Real Estate & Interest Rate Shifts Explained with Joe Root #244 In this episode of the Real Estate Reserve Podcast, hosts Jason Balin and Ian Horowitz sit down with Joe Root, a multifamily investor and managing partner at E-Superior Real Estate Partners, to dig into what's really happening in today's real estate and debt markets. Joe shares his unique perspective as a second-generation investor operating in the Chicago multifamily space. From building a vertically integrated company to navigating interest rate hikes, rising expenses, and conservative underwriting—Joe explains how his firm is staying resilient and opportunistic in today's uncertain environment. 🎯 What You'll Learn: The pros and cons of investing locally vs. in out-of-state markets Why long-term holds are creating lasting wealth over 5-year flips How conservative underwriting and realistic investor expectations are critical now What rising rates and inflation mean for today's buyers, sellers, and lenders Why older condo buildings might present hidden value through deconversions The impact of the GFC on Chicago real estate and how it compares to today Joe also dives into debt strategy, market cycles, and how to spot smart opportunities—plus shares his favorite book for business and personal development: Atomic Habits by James Clear. 🔗 Learn more about Joe's company: https://esrepartners.com 👉 If you got value from this episode, the best way to say thanks is to share it with a friend who's in the real estate space! If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777

Dave Seymour - The Deal That Changed My Life In this episode of The Deal That Changed My Life, we're back in the studio with none other than Dave Seymour—former firefighter, star of Flipping Boston, and full-throttle real estate investor. 🔥 Dave shares the gritty, hilarious, and downright genius story of the first deal that truly changed his life: a trashed two-family foreclosure, 50 pigeons, a hazmat suit, and a bold negotiation strategy that turned a bank-owned wreck into a $35,000 wholesale payday. 💥 From shoveling pigeon poop in a hazmat suit to outsmarting the system with a realty trust structure, Dave breaks down how he made the impossible deal happen at the height of the 2008 housing crisis. 🎯 Whether you're new to real estate investing or just love a great comeback story, this episode is packed with laughs, lessons, and proof that where there's a will (and a little hustle), there's a way. 🛠️ Mentioned in this episode: Using real estate trusts to wholesale REOs How to turn a firehouse joke into your first big check Why commitment is everything when chasing your first deal Dave's resources: LegacyAlliance.club | FreedomVenture.com 📺 BONUS: Want to see Dave dubbed in Hungarian? Google Flipping Boston and thank us later. If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777

What Lead Flow Looks like Today - #243 In this episode, we dive headfirst into one of the most critical topics in real estate investing: lead flow. Whether you're focused on commercial, multifamily, single‑family, or sub‑$200K homes, thriving in today's market demands having a marketing machine that consistently feeds you opportunities. 🎯 What to Expect in This Episode Where serious investors are finding deals—MLS, referrals, online ads, brokers, lenders, and more The importance of saying "yes" to unexpected leads—even small deals can teach you valuable lessons How market cycles impact your approach: buy wisely during downturns, scale in upswings Why constant marketing beats silence—even if you're not actively buying Real stories: from pre‑2020 to post‑pandemic, and how investor mindset evolved Key insights: the volume game in deal flow—seeing 100 deals vs. 10 leads to better deals 🧠 Who This Episode Is For: Active investors looking to sharpen their lead funnels Newer investors learning how to generate consistent deal flow Anyone wondering how top investors stay relevant across cycles 🔍 Takeaway: Every lead is a chance to build relationships and expand your reach Consistency in marketing is what keeps the deals coming—even when you're not buying Volume wins: the more deals you see, the better deals you find If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777

Build Lasting Wealth With Real Estate Investing with Dustin Heiner - #242 In this episode of The Real Estate Reserve Podcast, Jason and Ian sit down with Dustin Heiner—founder of Master Passive Income and a full-time real estate investor—to break down his proven framework for helping new and seasoned investors build long-term wealth through real estate. Dustin shares how he went from being laid off to becoming financially independent through rental income, and how he now coaches others to do the same. Dustin outlines the four key phases of a real estate investor's journey—from beginner to passive investor—and explains why systems, scale, and mindset shifts are crucial at each level. He emphasizes that even in today's market, with high interest rates and rising prices, investors can still thrive by focusing on cash flow, not appreciation. Through real-world examples, including how his 16-year-old daughter bought her first rental property, Dustin illustrates why there's never a "bad time" to invest—only bad deals. You'll also hear a candid discussion about building the right team, avoiding common pitfalls, and how to use lending relationships, property managers, and local experts to create a truly passive business. Whether you're just getting started or scaling into multifamily, this episode is packed with valuable strategies and motivational insight to help you take your next step with confidence. Topics Covered: The four investor phases: Beginner, Income Builder, Scaler, Passive Investor Why today's market still offers opportunity The candy bar analogy for understanding income vs. appreciation Team mentality and relying on local experts Generational wealth and buying properties for your kids How Dustin continues to grow his portfolio—and his mission Whether you're a total beginner or already scaling, Dustin offers a framework to meet you where you are and help you build a business that creates freedom. 👉 Learn more at: https://masterpassiveincome.com/ If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777

From Flipping Boston to Flipping Multifamily Properties with Dave Seymour #241 Join hosts Jason and Ian on The Real Estate Reserve as they sit down with Dave Seymour, star of A&E's Flipping Boston and seasoned real estate investor, to discuss his incredible journey from flipping houses to investing in large multifamily assets. In this episode, Dave shares how he made the leap from working 100-hour weeks as a firefighter to building a multimillion-dollar real estate portfolio. Learn why Dave believes multifamily investing is a "team sport," how he approaches value-add opportunities, and the strategies that have helped him thrive in today's market. Topics covered include: ✅ Dave's early days flipping single-family homes in Boston ✅ Transitioning from small deals to large multifamily projects ✅ Building a successful real estate investment company ✅ Raising capital and creating opportunities for investors ✅ Dave's take on current market conditions and how to stay ahead If you're looking to scale your investing game or just want to hear some great stories from the trenches, this episode is packed with insights! 👉 Don't forget to like, comment, and subscribe for more content on real estate investing, multifamily strategies, and more. If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777

Ian Horowitz - The Deal That Changed My Life Welcome back to The Deal That Changed My Life, one of our most popular segments where we bring guests back to reflect on the single real estate deal that had a game-changing impact. But this time, it's our co-host Ian's turn in the hot seat! In this episode, Ian shares the behind-the-scenes story of the deal that redefined his approach to investing — a transformative project on 95 James Way, a 55,000 sq. ft. commercial property outside of Philadelphia. From selling a 44-unit apartment building to free up capital, to unlocking multiple exit strategies and building a streamlined team-driven process, Ian walks through how this deal shifted not just his business model, but his mindset. 🔑 Key takeaways from Ian's journey: Why location and asset class matter more than ever How the right team and delegation created a hands-off success The value of multiple exit strategies and investor-friendly deals Why sometimes, less hustle leads to more progress Whether you're a seasoned investor or just getting started, this episode offers hard-earned wisdom and strategic insights you won't want to miss. 👉 Enjoyed the episode? Share it! That's the best compliment you can give us. We don't care about likes or subs — just helping someone else get inspired by a deal that might change their life too. If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777

Keep Grinding: How to Stay Focused When Life Gets Tough - #240 What does the "grind" really look like for successful entrepreneurs and investors? In this episode of the Real Estate Reserve Podcast, Jason and Ian dive deep into the realities of building a business that grows through every season—especially the summer slowdown. They share what it means to keep pushing forward even when the calendar says "vacation." From structuring days around visionary work, transactional defense, and strategic offense, to finding creative time at the gym or on the golf course, the conversation pulls back the curtain on how top performers operate when others check out. You'll hear: Why some of the most successful capital investors—some well into their 90s—still "grind" every day How the definition of productivity changes as your business grows The importance of visionary thinking and how to capture inspiration on the fly How to build a schedule that supports business growth and quality family time The difference between playing offense and defense in business—and why both matter How to stay connected and creatively inspired even during vacations or summer lulls This episode is packed with real talk, tactical insights, and a behind-the-scenes look at how Jason and Ian maintain momentum all year round. If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777

Crappy Assets - #239 In this episode of The Real Estate Reserve Podcast, Jason and Ian dive deep into what makes a market — or specific deal — worth investing in today. They unpack the realities behind appreciation-based investing, why not all "affordable" markets are created equal, and the importance of timing, location, and long-term thinking. Whether you're navigating single-family rentals, value-add multifamily, or storage plays, this episode is packed with hard-earned insights on de-risking your portfolio and building toward the "perfect" asset. ✅ Key Takeaways: Why strong local ecosystems matter more than low prices alone Lessons from investing in areas like Cecil County, Joppa, and parts of Baltimore The role of strategy: Long-term vs. short-term investing in volatile areas How misjudging appreciation potential can crush returns Why it might be time to sell — and why that mindset shift matters The difference between a good deal and a good long-term investment The real cost of turnover in rental properties The dream asset: Passive income, low headache, high return 🔑 "You don't have to buy super cheap and sell super high to win. You just need a good plan, good timing, and the right vehicle." If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777

The Metrics Ken Gee Uses to Secure Funding for Multifamily Projects - #238 In this episode of the Real Estate Reserve Podcast, we're joined by Ken Gee, founder of KRI Partners, who shares how he went from CPA and commercial lender to building a thriving multifamily real estate business. Ken walks us through: ✔️ The key metrics and underwriting strategies he uses to raise capital ✔️ How he structures deals to attract and protect investors ✔️ Lessons learned from his early deals and the 2008 financial crisis ✔️ Why he pivoted from investing in Cleveland to focusing on Florida ✔️ How interest rates and cap rates are influencing today's market ✔️ Tips for sourcing value-add opportunities in competitive environments ✔️ Long-term outlooks and how to stay disciplined in any market cycle Ken also talks about building trust with investors, the power of blind pool funds, and why understanding your debt is just as important as finding the right deal. 🎧 Whether you're actively raising capital or passively investing, this episode is packed with real-world insights and actionable advice. 👉 Learn more about Ken's firm: https://www.kripartners.com 📚 Book Mentioned: The 10X Rule by Grant Cardone If you enjoyed this podcast we would appreciate a positive review... https://podcasts.apple.com/us/podcast/real-estate-reserve-podcast/id1507982777