32 min listen
199: GRE Skeptic-Turned-Listener Dustin Jones
ratings:
Length:
36 minutes
Released:
Jul 30, 2018
Format:
Podcast episode
Description
#199: He thought this show was dumb, debt was bad. He originally listened to laugh rather than for financial education. In 2009, Get Rich Education (GRE) listener Dustin Jones suffered a personal bankruptcy as a result of high real estate commercial debt tied to properties with declining value. His goal was to be debt-free by age 40. In 2015, that all changed when he began listening to Get Rich Education. He learned that financially-free beats debt-free. Now Dustin embraces debt again by strategically turning equity into cash flow. He has $781,000 in debt, and hopes to have $1.1M to $1.2M by year-end. Isn’t that counterintuitive? It’s a fascinating story of tragedy, resilience, learning, strength, and self-belief with remarkable Michigan-based GRE listener Dustin Jones. _______________ Want more wealth? 1) Grab my free E-book and Newsletter at: GetRichEducation.com/Book 2) Actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths Listen to this week’s show and learn: 03:47 Building a real estate portfolio in Flint, MI. 05:48 Declining property values and rent incomes. 08:46 Bankruptcies. 09:36 Calling notes due generally doesn’t happen on performing, residential loans. 12:52 Dustin thought debt was dumb. 13:56 Finding GRE in 2015 and laughing at how it first sounded like nonsense. 19:00 Applying abundant concepts. 21:33 Buying 5 properties in Houston, Memphis, and Montgomery. $1,250 cash flow. 25:46 Dustin’s other investments. 27:47 Pitfalls with providers, inspections. 32:28 Meet Dustin and I in-person Sept. 6th to 9th! Learn more at: www.GetRichEducation.com/Belize. Resources Mentioned: Dustin’s e-mail: delk25@gmail.com Mortgage Loans: RidgeLendingGroup.com Cash Flow Banking: ProducersWealth.com Apartment Investor Mastery: BradSumrok.com Turnkey RE: NoradaRealEstate.com Find Properties: GREturnkey.com GRE Book: GetRichEducation.com/Book Education: GetRichEducation.com
Released:
Jul 30, 2018
Format:
Podcast episode
Titles in the series (100)
10: How To Talk Like An Investor - Vocab. Rehab.: #10: Vocabulary is key to advancing your investor life. It’s also important for attracting the right people so that you can form the right relationships. Learn how these terms are defined in a clear way, used in an example, and also how you might... by Get Rich Education