Hi, my name is Dustin Heiner, creator of Master Passive Income. If you are new to the idea of passive income with rental properties, then this is the site for you! 🙂
I want to show you how you can create passive income and have monthly cash flow to replace your J.O.B. (Just Over Broke).
Follow my proven path to success and live a the dream life. Escape from the 8am-5pm rat race with passive income.
This site will help you to understand the how to use passive income in real estate rental properties to quit your job.
What is Passive Income?
The MPI Way
Income received on a regular basis, with little effort required to maintain it.
The Master Passive Income way is to NEVER get paid an hourly wage again. I personally spend just 3 hours to buy a rental property and let it work for me.
Never trade time for money again!
Rental properties make you money in 6 different ways:
1. Cash Flow – Money that goes into your pocket EVERY month
2. Equity Capture – Equity (money) you gain when you buy a property below the market value
3. Equity Buildup – Equity made as your tenants pay down your mortgage
4. Forced Appreciation – Fix up the property to make it worth more than what you bought it.
5. Market Appreciation – Value of the property goes up over time
6. Tax Advantages – Depreciation, 1031 Exchange, Business Write-off of Expenses
What Passive Income is NOT?
Don't Be Fooled...
Passive Income is not trading hours for dollars.
When you have a job, you put in an hour of work and get an hour’s worth of wages in return. If you don’t work, you don’t get paid.
Entrepreneurs and Investors love passive income. They work one time and get paid continuously.
Passive Income is not easy.
It does take a lot of learning and hard work. We have all been educated to be employees who earn a wage for someone else.
Passive income is for those who OWN the company.
Passive Income is not a get rich quick scheme.
Passive income does not happen quickly, nor is it a get rich quick scheme. It takes time and knowledge to build a profitable passive income business.
The key is to use money to make even more money.
"90% of all millionaires became so through owning real estate." - Andew Carnegie
Master Passive Income
the Business Model
It's Not Rocket Science... 🙂
It is very easy to learn the principles behind the master passive income and may even seem too simple, but that is the beauty of the master passive income model.
The key is CASH FLOW. This is the process of money going into your pocket every month. By obtaining rental properties, you can make $200, $300, $400 or more each month from every property you own.
The systems that you will develop in your business will allow the business to run itself. From finding properties to getting them rented, other people will do it for you.
Your rental properties are working for you every minute of every day. When you are sleeping, on vacation, or playing with your kids, you are making money. That is getting paid for the value you bring to your business.
It took me just 8 years to replace the income from my job with my rental properties and I can show you how to do that too.
You can quit your job with a rental property business!
Take the FREE Real Estate Investing Course
Learn the MPI Business Process
This course will show you how you can start from scratch and build your rental business to gain financial freedom from your passive income in rental properties.
This course is everything you need to start your rental property business. You will get all the best tactics to be successful investing in real estate rental properties.
We will cover:
* Getting Your Life Ready For Investing
* Why You Should Invest in Rental Properties
* How to Think Like A Rich Person
* How to Quit Your Job w/ Rental Properties
*The Process of a Transaction
* Building a Real Estate Dream Team
* How to Find, Value, and Buy a Property
So, what is the best passive income ideas?
I quit my job with these passive income ideas. You can do the very same thing. So ask your self these questions:
Do you want to make money, even while you sleep?
Are you tired of working for someone else?
Do you wish you could have more time to spend with your family?
If you answered yes then you came to the right place!
So, what is passive income?
Think of it as a way to earn money without being paid by the hour that you work. If you are paid hourly, salary, commission, etc. these are all ways that you get paid by the work that you do.
You want to think of business ideas where you can get paid without working.
Passive Income is anything that brings residual income into your bank account on a recurring basis no matter if you work or not. There are many different ways to earn passive income and I want to give you some ideas to help you quit your job.
Passive income ideas I use to quit my job:
This is my primary source of my passive income and the one that I love the most. I doubled the monthly income from my rental properties and it only took me 6 years to do. Most people retire after 35 years of working a job but since I made up my mind to quit my job with passive income ideas, it took me 8 years to do it, 1 year to go off course, and 1 more year to plan my escape.
I have posted extensively on how to earn passive income in rental properties and other ideas. The best place to start is my post on the 6 Ways Rental Properties Make You Money.
All of these articles show you how and why rental properties are the best investment and you can do the same.
Start Investing In YOU Today!
This investing course will give you the direction you need to create passive income. This course has taken me over 10 years to develop from the school of hard knocks. That's right. You will learn from my wins and losses.
Sign up today and get a FREE BONUS!
Here are just a few things we cover in this course:
- How to Get Your Life in Order
- Your Goal is to Jump to the B and I side of the quadrant ASAP
- Make Your Money Work for You
- How to have your dollars be like employees, working 24 hours a day, 7 days a week
- How to Quit Your J.O.B. (Just Over Broke) with Rental Properties
- 3 Amazing Things Passive Income in Rental Properties Gives You
- Why You Should Invest in Rental Properties
- Four Ways Rentals Make You Money
- Three Ways to Create Equity
- 11 Other Reasons Real Estate Is the Best Investment
- How to use www.Zillow.com to find properties
- AND MUCH MORE!
As a BONUS, I'll give you access to the first video to the Real Estate Investing Course for FREE!
Don't put it off. Start investing in yourself and start living the dream today!
This investing course is just the tip of the iceberg. There is so much to learn about passive income and I'm there for you to help you through it all!
This blog is my first online business I started and is where I put most of my time, energy, and passion. I love teaching and showing people the way to escape their job with passive income ideas and this is the best way for me to do so. It is very beneficial that I am able to earn passive income from the online sites that I create by providing excellent content, services, and resources to everyone.
Once you find a good set of keywords, you can register your domain name very cheap. You can get domains extremely cheap at namecheap.com. I use namecheap.com and I recommend you to use them as well. When you are looking for a domain name, think of as many name ideas as you can to find the best.
Podcasting is a great way for anyone to earn passive income by doing work one time and continually get paid for it. If you record one podcast, you spent 1-2 hours of your time developing and publishing that podcast. Once it is posted, it can be downloaded an unlimited number of times and spread to thousands, if not millions of listeners. The best way to come up with ideas is to find what you are passionate about and find out if there is a market for it with search engine tools.
Other good passive income ideas I use are online courses and eBooks. The online courses take time to develop and produce, but once they are ready and loaded on your website, it can be accessed over and over again just like your blog or podcast.
Book writing, like song writing, is a way to make content one time and get paid over and over again. Think of how Steven King writes one book and is sold year after year. Once you create the content and make it available for sale, all you need to do is sit back and allow the money to roll in.
The eBook I created, I used Fiverr.com for all the editing, design, and production to develop it. Very in expensive ways to get an book published and there are many ideas that you can implement through hiring others to do the work for you for only $5!
Passive Income Ideas I Do NOT use:
There are many multi-level marketing ideas out there in the business space that you can pick from. I personally have done a few multi-level marketing businesses in my life and I absolutely hate them. They are great sources of income for people and they can thrive doing them. I personally will never do another MLM business. EVER…
Here are a few reasons:
- Extremely low residual (passive) income
- You are the salesman for some else's company
- The product doesn't necessarily sell itself. You must work hard
- You sell two things, the product, and the business of selling the product
- You target friends and family to have them buy your products
- It is hard for me to believe in a product enough that I did not produce
- You are not in control of the company
- You are only a salesman
Playing the Stock Market
The stock market is basically a way for the companies of the world to take in money by giving away shares of the company.
I want to create companies, not own shares of company's that I have no control over.
401k “Investment” Plan
IRA “Investment” Plan
I am not a bank.
I use OPM to make me money. Other Peoples Money! See my post on the 5 ways to make money with rental properties using other people's money.
I already quit my job with rental properties and other passive income ideas that bring money in my pocket every month if I work an hour or not. Follow me as I take the journey quitting my job with many different passive income ideas that you can do just the same.