The Most Dwanderful Real Estate Podcast Ever!
The Most Dwanderful Real Estate Podcast Ever!
Episode 43 The Power of 13

You have probably heard Dwan mention the Power of 13 before, but maybe this is the first time you have ever heard her explain it. Dwan has found this fail-proof method of creating passive income for yourself that can help you quit your desk job and start working on fulfilling your own dreams!

Many real estate investors make the mistake of borrowing against their rentals for other investments or paying off their own houses and assets before paying off their rental properties, but Dwan challenges you to flip the script. Flip a few houses and pay off a rental property, flip a few houses and pay off another, and so on until you own 13 rental properties free and clear. Every month, set aside the income from 3 of those properties into an account for expenditures (taxes, insurance, and repairs) and then live off the income of the other 10. With this passive income coming in, you won’t have to work anymore and you will be able to pay off your own assets and get started on acquiring your next set of 13 properties until you have the amount of passive income coming in every month to give you the lifestyle you want.

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