![](https://biggerpockets.s3.amazonaws.com/assets/member-blog-image.jpg)
![](https://biggerpockets.s3.amazonaws.com/assets/logo@3x.png)
Starting from nothing with Pat Hiban
YouTube Link: https://youtu.be/dSNwXUhxpLE
Please help the show by leaving a review: http://getpodcast.reviews/id/1118795347 Download the FREE 2018 Rental Property Analyzer for free: https://simplepassivecashflow.activehosted.com/f/14 Pardon the grammar - I'm an Engeneer, Enginere, Engenere... I'm good with math! Here are the Show Notes: $480k horizontal income Podcast is not simple passive cashflow Used commissions to invest into real estate Started out trading tome for money, working 40 hours a week, and was left with a $100 every week Sold timeshare presentations Danny got 3-4 of these a day and was the leader at the time and Pat beat him Went to college and went to real estate sales where he is making commissions Discovered horizontal lines - bought SFHs and moved to apartments and other buildings/businesses Lost 2/3 of initial investment LTI - After you pay your bills - currently $200K a year Moving around current investments 18% lawyer loan, some private equity notes, apartment building syndication Crossed over at age 46 to financial freedom number Works 3 days a week (Tuesday-Thursday) Chose to not work as much in 40s Look where the poor creative lives because that is where the transitioning area is Robert Kiyosaki says don't buy where there are crane Alchemist talks about the beginner's luck - Pat started investing in non-real estate investments in 2008 - 50-100K here and there and 50% of them failed Rip and duplicate things that are working Real estate rockstar podcast!
Comments