If you know how to create multiple streams of income, you can build wealth FAST. Thankfully, real estate has dozens (if not hundreds) of ways to make money, and there’s a good chance that what you’re doing right now in real estate could lead you to two, three, or four different income streams. Today, we’re talking to expert investor James Dainard about the EIGHT streams of income he’s built and how you can do it, too!
Whether you own a few rentals, a whole portfolio, or are just getting started in real estate, this episode is for you. We’re teaching beginners how to go from zero to multiple streams of income and the one income stream you should focus on first. If you’re running out of time with your rental or house flipping business and want more passive income flowing your way, worry not. We’ll talk about what you can do to make more money on the side without the hassle of doing your own deals.
We’re even going to share the one skill you MUST learn to make it rich in real estate and start building your income streams today. If you get this right, you’ll build wealth WAY faster than the rest!
In This Episode We Cover
How to create multiple streams of income through real estate investing
The number one income stream new investors MUST build before anything else
James’ eight different streams of income and how they make his investing even easier
How to start investing for passive income and why you MUST be careful when doing this
Buying businesses and how this can make you even MORE money when investing
And So Much More!
Links from the Show
Join BiggerPockets for FREE
Ask David Your Real Estate Investing Question
Connect with Other Investors on the BiggerPockets Forums
Grab Henry’s Newest Book, “Real Estate Deal Maker”
Find an Investor-Friendly Agent in Your Area
See Henry and James at BPCON2024 in Cancun!
How to Create Multiple Streams of Income in Real Estate
(00:00) Intro
(01:12) Making Multiple Income Streams
(04:38) How Newbies Can Start
(09:00) Owning 8 Businesses!?
(13:28) Passive Income Streams
(18:59) Which Streams to Build
(27:06) What to Start Doing NOW
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-998
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