Welcome to Passive Real Estate Investing. I'm your host, Marco Santarelli. We did a little interview today with a friend of mine, Dustin Hyman, who started the Real Estate Wealth Builders Conference, or Rubicon is a, is what we call it. Last year was the first of an annual event, and this year it's Rub Con 2023. So we were talking the other day because he invited me back as the keynote speaker for this what is actually a three day event in Phoenix or in Scottsdale, Arizona. And we thought, Hey, why don't we just do a podcast recording. We'll both post it on our individual podcasts and we'll just have, have a candid conversation or candid discussion about investing today. And we didn't script this or, you know, put a, an outline together or figure out what we're gonna talk about. We just thought, okay, well, you know, let's just talk about whatever comes to mind and we'll talk about where we are, maybe where we've been and where we're headed this year in terms of investing, housing trends, the economy, interest rates, maybe talk about markets and whatnot.

And so we just thought, okay, you know, let's just hit record and see where it goes. So anyway, we had a great conversation. I'm recording this intro after the fact. So we recorded earlier today and it was a great conversation. We had a lot of good points to bring up and interesting trends and some facts and some data and statistics, and just had a good time at it. So it was about a 35 minute interview, and I think you're gonna get a fair amount out of it. And then towards the end, you know, we'll take a minute and talk about the Real Estate Wealth Builders Conference or REWBCON that's coming up in a few months in Scottsdale. So I hope you enjoy today's candid conversation. I'm sure you'll get a few golden nuggets out of it. And if you have any questions, you know, just by all means, contact me, my team, or Dustin and his team, and hopefully we'll see you in a few months rubbing shoulders and networking and having some food and drink and whatever else out in Arizona. All right, well, enjoy the episode.

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Well, I am here with a good friend of mine, Mr. Dustin Heiner. Dustin, let's rock this thing. How are you?

Bless Marco. Thank you so much for having me. And it's, it's great getting to hang out with you again and just talk chop. I mean, that's what's fun about being an investor is we're not just, you know, telling people how to do this. We invest. That's one thing that if we're gonna do anything, we're gonna be investing in real estate. So it's great getting Ellen to talk to you about this and really just share where we are in our investing and what we're seeing coming in the future. Yeah.

So let's just quickly set the stage. You and I were talking offline, in fact, it was another day and we thought, Hey, let's get together and, and record, I guess an episode and talk about where we are in the market, you know, where we came from and where we are, what's going on, and what we expect to see coming up in the future. And then maybe make an argument or two as to why it may be or is a really good time, time to invest in real estate right now. So this is completely unscripted. You and I don't have an outline or a script or anything like that. We're just having a conversation. We're kicking some ideas around and our thoughts are really what we wanna share with our audiences, correct?

Totally. And, and I'll be putting this on my show as well, sharing with them because like other people being able to listen to, to us, you know, expert investors, you know, being on fly on the wall, listening to how we're talking, like I'm seeing right now, in fact just very similar, eerie similarities to 2008. So I started investing back in 2006. And so seeing all through the crash and investing through...