691: Your Simple 10-Year Path to Financial Flexibility

23:08And so I put you and have invested in, in, uh, my apartment complexes. And I took that money out of the equity of the properties. And I put that in my new apartment complex that we buy. And so I now have a tax-free loan. I didn't have to sell the property. It still makes me money tax-free. And I I put it inside there and my tenants, obviously, because the rents are going to pay off the mortgage. But here's the great thing. Their sales pitch for DSCR loans is when you go and buy another primary residence, this loan of$550 ,000 is not going to come up on your credit. It's not even be a credit pull because we're looking at the properties.

23:43We'll just take the properties. Does it all make sense? Yeah, I'm starting to see the light here. I've always been a little, and maybe just from the standpoint of if you already won the game, why take additional risk? Like from my perspective today, 20 years into my working career, right? But if I'm early on in my career, I see this as an accelerated path. And it's a unique one because it's like, I see three paths, right? I see the traditional investment path, hey, just go buy the S &P index and be happy with your 8 % and lather, rinse, repeat for 20 years, assuming a decent level of personal profitability and you're going to be good to go.

24:19But it's still 20 years, right? Here's an accelerated path. And then path three is the entrepreneurial path. Go invest in yourself, go build a business, go do something where maybe it's higher risk, higher reward, but you can accelerate that maybe even a little bit further. But I did want to touch on the turnkey option. So these are properties that have been theoretically pre-vetted, pre-rehabbed, pre-leased in a lot of cases. Hey, we've already got tenants in place here. We just need an investor, usually an out-of-state investor to come in and we've got property management in place? Like what's your take on these?

24:52Are there any that you like or what's going on here? So if you remember our time that I was on your podcast, we talked about turnkey and there were two major downfalls with turnkey, but we're going to help you understand a bigger perspective because before this last year, I bought two turnkey properties. In fact, my daughter, the property she bought was a turnkey property. So let me get into it. So number one, you listening, don't know what a turnkey company is. They buy the house, then they fix it up. and they make it really, really nice and they hopefully get a tenant in there, get it renting, and then they sell it to you.

25:24Now, the downside is they capture that equity. So the house that my daughter bought, they bought it for like 60 grand. Man, put 30 grand into it. So it's up, it's$90 ,000 total. She paid 125. So, you know, she paid them basically what? $35 ,000 on top of that. Yeah, they're making a nice margin on it right away. Totally. And then they also manage the property. So they're making money on the backend. So that's the whole picture of what Turnkey is. Now a couple downsides are number one Are you going to be getting a good property management company in the end? Are you going to be getting good tenants or are they just trying to sell these pump these out and make money?

26:00So that's number one. So vetting a turnkey company is very hard. There's been a lot of problems And you if you go to other websites and you see, you know forums and stuff, you'll see people saying oh my goodness Like this turnkey company was horrible. I lost as much money. So that's number one vetting but number two they capture that equity. Like you said, you know, if they bought it for 60 grand and then fixed up for 20,$30 ,000 out$90 ,000, and then it's reselled for 130, they captured equity. They forced the appreciation of those are the other two things forced appreciation up, put money into it and make it worth double what you put into it.

26:33So those are the two major three major. So you miss out on equity capture, you mix out on forced appreciation, and you also don't know exactly with a good company. But here's the, well, before I get to like my ideas of why I've changed a little bit and why I actually bought one, do you have any questions on those? Any specific ones you think listeners should put on the shortlist? Oh, of companies to use? Yeah. Got it. I'll give you those in just a minute. Let me flesh out the reasoning why you should at least consider it, especially if you have some, if you have a little bit extra money, especially if you're in a DSCR loan, you know, a 10%, if you have$12 ,000, you can buy one of these homes and it should hopefully be cash flowing 250, 300, 350, something like that.

27:11Good turnkey companies, what they do is they go through the entire house. They gut the entire house. They rip off the roof. They put a new furnace in there. Now, this is obviously if it's needed, but these lower priced homes, they're like 80 years old. And yes, they're going to need even electrical. So they rip everything out. And Nick, I know you've looked into this. So there's an expense line item that you have to account for and also give you a quick resource. If you go to incomebuilder.io, you can get a free account and you can analyze properties and it'll do this for you. But you need a capital expense reserve.

27:53That means big ticket items, huge, large ticket items like a roof. That's going to be five, 10, 20 grand. You never know how much it's going to cost to get fixed. A furnace. A furnace is going to be five grand, probably. Three to five grand. This is already all going to be repaired if you have a good company. And Nick, I think, you know, we've known it long enough. You should be buying properties. You should have your own properties. You can give them to your kids, all that good stuff. But you don't have to worry about the capital reserve. So for five years, my daughter's property, we would normally budget, let's say, out of$1 ,300.

28:27bucks, we probably budget 50 to$100 every single month, set it aside to take care of, hey, if the roof goes bad or the furnace goes out. Well, for at least five years, we're not going to need to worry about that because this is brand new stuff. And then also on top of that, here's an amazing thing. You get better clientele because it's top notch for, you know, cabinets are ripped out. It's a brand new kitchen. Everything's fresh. It feels like almost a brand new house. So those are a bunch of amazing reasons why you should get a turnkey company. Now, I will say, though, even though I'm giving you all these reasons why to do it, I bought a home for$68 ,000, just like a turnkey company would.

29:06I got my contractors 20 grand to get that place tip-top chafe, got it tip-top, I mean, out, what, close to$90 ,000. It's worth$130 ,000. I'm renting it for $1 ,250 ,000 or$1 ,300 ,000. So you can do it yourself as long as you're in the game. So the The company that I'm going to give you, if you want to use the turnkey, and Nick, I definitely think you should give him a call and at least talk to him, is Akron Turnkey. Just easy enough, write in Akron Turnkey and tell them you came from me, Dustin, at Master of Passive Income. And they'll give you a couple thousand. I want to say it was even like$1 ,500 or$2 ,000 off of it because they're cutting out the middleman, just going right to them.

29:46But this is a good company that my students are buying from, and I bought three homes from them. Okay. Yeah. Let me try and push back a little bit because I do see the light. I've obviously have known lots of people who have gained financial independence through real estate, through the FinCon community, through bigger pockets. It's definitely a thing. But here, if I'm at$250 a month in positive cash flow, I've got$3 ,000 a year, call it. And maybe I spent 10 grand down to get this property. Maybe it was more, maybe it was less. Okay. So it pencils out 30 % cash on cash. Like that's really strong.

30:22But at the same time, you just mentioned roofs, furnaces, like that$3 ,000, like doesn't seem like a lot of, a lot of breathing room for some of these capital expenses that are going to come up. Like these properties don't magically maintain themselves over time. There's going to be other stuff that, that comes up here and there's going to be vacancies. There's going to be problems. So I'm glad you pushed back. And it got me thinking. I did a workshop for my students recently where I walk them through the, and we talked about this on your last episode, but I got it even more dialed in. I got the numbers.

30:52I just pulled them up. So the six ways you make money investing in real estate and all those things that come up. Can we pause? I'm impressed you remember anything from this episode five years ago. This is like episode 387. It was like 300 episodes ago. I don't know why. I just remember talking to you about it. I remember you having good questions. I was like, oh, let me. So the six ways that you make money when you invest in real estate, and I'll jump right into the first one. The best one is cash flow. Now you said, okay, you know,$250 a month. Yeah. I mean, that's a lot of money putting. So if you put 1250 down there to 12 ,500 down to buy this house.

31:27Now I can see, since we're talking about the 10 year plan, if I've got 10 of these and now it's 30 to$50 ,000 a month because of, you know, rent appreciation and everything like all of a sudden, or sorry, 30 to$50 ,000 a year. And I, and I have some level of diversification where I can weather a vacancy, I can weather some expense over there. So if you have this long-term view of it and think of it as a portfolio business, then absolutely, but it's like, it's a little bit harder to stomach when it's just one or two properties. I'm 100 % with you, and that's why you've got to scale and grow. So the six ways you make money investing in real estate, and this is, I'm gonna give you easy, simple numbers.

32:05If you buy a house that's worth$150 ,000, and you buy it right now,$150 ,000, and let's say it's cash flowing you three, four,$500 a month, whatever it might be. You buy it cheaper, like the house that I bought for$68 ,000, fix it up for$20 ,000, and then now it's worth$130 ,000. Well, I'm making$550 a month in passive income. So if you bought one property, the cash flow over a 30-year time, a 30-year period. Now, I know, remember, we talked about 10 years. We can just figure this out afterwards. But let me walk you through this. Over 30 years, that$150 ,000 property and that you put$15 ,000 down, 10 % down payment, cash flow over 30 years, that's if rent does not go up, which it does, but just over 30 years, that's$180 ,000.

32:52And we're also accounting for the things you talked about, like repairs, furnaces going on. That's already accounted for in our expenses. That's not dipping into our income of$180 ,000. So that's number one, cash flow. Next one, if you buy it, yourself and you don't use a turnkey company. I captured, was it$60 ,000 in equity when I bought the property? Well, that's$60 ,000. Forced appreciation. I put 20 grand into it and that made it worth, I think, another$30 ,000 more. And then, so that makes value go up. Market appreciation. And I kid you not, I had to double check this because it sounds weird, but it's true.

33:30every 15 years, your property doubles in value. So in 15 years, it's going to be 150 ,000 to 300 ,000. And then after that, it doubles again, it'll be 600 ,000 after that 15 years after that. So 30 years, you're gonna have a lot more money, the mortgage buy down, here's a great thing, your tenants are paying for taxes, insurance, your mortgage, everything. So even your principal in interest. They're paying for that. So the mortgage is going down, they're paying and the interest is going down on top of that. And then the tax advantages, I pay almost no money in tax advantages. And in the end,$15 ,000 of your money right now for just one property without even accounting for rent increases, you're over$650 ,000 that you're going to pocket in this one transaction.

34:20And again, all those expenses are accounted for from repairs and all that sort of stuff. That's just one property. And then we scale it and we do it over and over again. So push back. Where am I missing here? No, this is good. You paint this good picture, but the road to real estate wealth is paved with burnt out landlords, people who have had their tenants changing the oil of their motorcycle on the carpet in the living room. A friend of mine, my former accountant, Josh from CPA on Fire, he posts these pictures of these trashed houses and he's like well this is what i woke up to this morning you know here's a text or you know here's the you know the swat team is outside the apartment today and so it's like that kind of stuff happens and so what separates you and your students from everybody who is like dude i tried it and for whatever reason the tenants that i attracted the market the neighborhood the hurricane that came through like bad stuff happens where it's like if i could just you know buy a portion of the 500 largest companies in America and just let those CEOs go do their thing, then I sleep a little easier at night.

35:29But there's two sides to it because it's like higher risk, higher reward. And I think you mentioned the leverage and the tax advantage and all that stuff that goes into it. But what breaks this plan? What breaks landlords down here? Dustin's response, plus his take on whether or not we're in a real estate bubble, coming up right after this. Are you still overpaying for wireless? It's time to say yes to saying no. At our partner Mint Mobile, their favorite word is no. No contracts, no monthly bills, no overages, no hidden fees, no BS. And here's why I said yes to making the switch over five years ago and yes to getting premium wireless for 15 bucks a month.

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37:57Look at them getting that three-letter domain. Quo.com slash Side Hustle. And if you've got existing numbers with another service quo will port them over and no extra charge. Whoa, no missed calls, no missed customers. Awesome. Now, that's an amazing question. And I'll even say, even like your S &P idea, that's great, but you have to have a lot of capital in order to live on it. What I'm saying is with 10 properties, you can live on that income and you get equity growth on top of that. But here's what breaks landlords is they buy their first property and they start pulling their hair out because they're not doing it right.

38:35They're not hiring the right people or getting the right people to run the business. They're finding wrong tenants that are not going to take care of their property. They might even buy in a place that nobody's going to manage. So that's number one. We build the entire business, get the experts. Like Redfin's not an expert, Trulia, Zillow. Those are not experts. Who are experts? It's the people that live there on the ground in that city. they're the experts can be talking you through which areas are great and so far this is all sight unseen like your daughter's house like did you guys fly up there to do a final walkthrough or anything it's all it's all remote not at all out of the 30 plus properties that i own honestly even the two apartment complexes so the 30 plus properties i've seen one of them before i bought it i've only and i haven't seen the other ones i just i see pictures and i have experts yeah the other apartment complexes i have experts now i did walk through one of them because i live in the city.

39:23So I walked through it, saw, hey, this is a great property. But for single family homes, especially now, in fact, I've coached thousands of students. I want to say I know of maybe a dozen students that have flown to the city in order to look at the properties, because here's what we do. Just like you build any business, any side hustle, you get the experts doing the work for you. And here's the key thing. Remember, if you're a beginner, you don't build a business if you don't follow what I, most people just buy a property and they try to hope it works out. But what I teach all my students to do, we build the entire business first and then we have multiple people check each other's work.

40:02We don't just say, you know, oh, we got a contractor. Okay, good. And here's your money. And then they run off and they didn't do any work. No, we have multiple people analyze everything that's going on touching that property. Now they send you pictures. They give you explanations. I double check what they say with other people, even my property manager. I have, let's say a realtor. Hey, realtor, can you go by and check this out? I'll pay him, you know, 50 bucks or whatever, or an inspector. So we always have everybody check. So the first one, if you're starting the roadblock or the problems will come and you'll pull your hair out and you'll give up if you don't build a business first.

40:35Now here's the next step. Here's where the next roadblock comes. It's when somebody goes from a beginner and they get three or four properties and they have not built the business like I've told them to. And they have, let's say, four or five, maybe even eight properties, and they really don't have time. Maybe they might find the right properties. Maybe they might be making some money. They're mom and pop. They're running the business themselves. They're finding the tenants. They're collecting the rents. They're managing the repairs. They're doing all this on top of having a family, on top of having a job, maybe even a great side hustle.

41:09And so they're running ragged because they don't have the time. Here's the next, that's the next roadblock. But how do you get past that? We have to learn how to scale. And that is by when you do it right the first time by building the business, getting the right people, then we implement the right systems, procedures and processes in place that are going to make sure that we can scale because we're not taking our time to run the business. You know, this is good. So it sounds like the maybe the biggest mistake that people make is just not having the right team members or the right experts in place, the boots on the ground to help you out when things go wrong or to prevent things from going wrong in the first place.

41:46100 % to make sure that you don't get bad tenants too. There's just a key piece of the process. Well, I just said the word systems, procedures, and processes. We have to have those any business, your side hustle business, you have that as well. Same thing with real estate investor, we need to stop being an investor, become an income builder, which means we're making money every single month and have that business run itself. And so we find good tenants. I hate it when my rent's late. I hate that. So I don't treat anybody differently. I treat everybody the exact same. This is a process that you put in place in your business.

42:18Rents due on the first. Late after the third, on the fourth, we put a three-day notice on their door. This is legal. You have to do this. And then after the third day, if they have not, after three-day notice, that's like day six, I think six or seven. If they have not paid the rent, you add on with that three-day notice, you add on the late fee. But if they have not paid the rent, we start the eviction process. Just as cookie cutter, as straightforward as possible. Number one, that gets them to pay the rent. Number two, it helps them to be on time and regular. Number three, if they're not going to pay the rent, you get them out as fast as possible.

42:51And number four, you just stop paying your mortgage. Will the bank say, hey, you call up your bank. Hey, I've got this before. You call up your bank. Hey, bank, my son got arrested for the second time. I had to use the money for bailout for the mortgage. Would you not start the foreclosure process because I don't have the money? No, you wouldn't. The bank would say, no, we have to start it. So what we do is we put in systems, procedures and process, treat it and run it like a business and just start the eviction process. You're still going to get some outliers. We're going to have problems. But usually all my tenants, they just move out when it's time to move out.

43:22I don't have to evict them. I don't have holes in the walls, dog poop everywhere, which has happened to a lot of people. So we find the right people and then we treat them well, take care of the property, but we let them know, hey, this is, we're taking everything seriously. Yeah. Get out your crystal ball. And I want to ask if we're in a housing bubble right now. Oh, okay. So here is what I'm seeing. The commercial real estate, which is apartment complexes, especially office complexes, that's definitely, that's going to come to a head now because a bubble happened. I'll get to residential in just a second.

43:56But the commercial, like a large apartment complexes, syndications, which is basically somebody reselling somebody else's deal, just trying to raise money. So, and they don't even invest their own money. It's not even their own deal. They're just trying to take part in the action. Well, what happens with those apartment complexes, somebody bought it, and then five years later, they have to sell it. They have to because of financing. And then five years later, they have to sell it again. Five years later, they have to sell it again. And so they were, this is the bubble. What happened is they were bidding up properties and now they're stuck.

44:26So they're not giving money to their investors and they're not, and they might be taking more money. I don't know. That's why the deals that you and I have been in, in these apartment complexes, we're getting 60 % of the market value because these people are getting hurt and they have to sell. So I think commercial real estate is definitely a bubble because of how it's been bought up. Here's the next bubble when it comes to real estate and residential. So this is my prediction, my crystal ball. Here's where the bubble is. Airbnb, short-term properties. In Arizona alone, there is 70 ,000 short-term rental properties in Arizona, 70 ,000.

45:04And keep in mind, these are homes that were long-term rentals or primary residences for somebody to live in. Those are now off the market. That's why rents skyrocketed because there were no properties. Now, here's the thing. With that many properties, the amount of money, and these people, they were following these TikTok gurus on there. Hey, I got three properties. I make 80 grand a month. All these fancy things. Well, what's happening because there's everywhere, this is happening everywhere, Airbnb is having trouble, is the prices are coming down on every property that's for rent on Airbnb. They can't get what they hoped they would.

45:43So they were, let's say, you know, let's say about a$500 ,000 home, and it's normally 500, they may paid 550 because they knew, oh, I could rent it on Airbnb, I'll make all this much money. So they way overpaid, the price went up on the property. Well, as the price went up, they're eventually have this huge mortgage that they're going to have to pay. And if they can't rent it, meaning for, let's say, people, the economy goes down. We see the economy slowing down, inflation, everything's hurting people. So people travel a lot less. That, as well as supply, there's way oversupply of properties that makes the amount of money they can make per month in rent from the short term, it's going to be hurting them.

46:21So they're going to have to have this mortgage payment. So I think eventually, in the next year or two, we're going to see a lot of properties foreclose, because these Airbnb properties were way overpaid and they're not making money and it's gonna hurt the economy in the long run. So that's my prediction. Commercial real estate, definitely bubble. Yeah, particularly in like tourist areas, like high travel areas. Yes, and I would say, well, I'll give you an example. I have a Airbnb in Murfreesboro, Tennessee, which is just South of Nashville. I was gonna ask if you had any short-term rentals. Yeah, I have short-term and mid-term, but predominantly long-term.

46:52I love boring, old, long-term that I just make money without even thinking, without worrying about turnover in the properties. Yeah. So Nashville, a glut. There's so many in there and it's just, it's terrible. It's hard to break into that market. And so eventually something's gonna happen there. But Murfreesboro is like 40 minutes South of it. And so people still, like it's a big city, 130 ,000 people here, people still have weddings. There are still deaths. There are still graduations. There are still reasons to come into town. And so, you know, if you're getting a short-term property in like, you know, a town that has maybe 10 ,000 people, that's gonna be a little harder.

47:26but these outlying cities that people overlooked, you can buy some good properties. Okay, cool. I appreciate you sharing where the market might be headed and some of these bigger macro forces. Because of course, at a certain point, as we've seen in a lot of cities, the municipalities come in and say, hey, we're going to put a stop on this short-term rental game because you're taking up all our housing supply. That's not great for the people who actually want to live here long-term, but very cool. Dustin, this has been awesome. I really appreciate you kind of sharing this roadmap for year one year two and beyond what you can do with some systems and processes and team in place on on the real estate side on the on the rental property side.

48:04What's next for you? You've got masterpassiveincome.com got the podcast over there want to encourage people to check out Dustin's free real estate investing starter course we'll link that up in the show notes. And you've got your own conference probably on year three or four of Rubicon Real Estate Wealth Builders Conference, if I'm getting that correct. What's got you excited for the rest of this year? You sure are. You got everything correct, man. Good job. Yeah, so my goal is to help 1 million people to invest in real estate. Because I quit my job in 2016, and then as I started coaching people, because they were just asking me, so friends and family members, I started coaching people, and then realized how much fun it was, number one, because I enjoyed just talking to people.

48:42Hopefully it comes across on my, I get excited talking about this stuff. But then I had plenty of free time, you know 40 plus hours of my life back and so what's up next for me is getting even bigger into my own personal rest real estate investing i i building master passive income coaching people just took up time so i and i had plenty of properties i didn't really so i'm gonna be buying more properties when is enough enough like do you struggle with this too like the goalpost keeps moving you're like i got 30 doors let's get to 50 but why like if you don't need it why why I go through it. So great point.

49:13So for me, once I got to 30, I think 33 or something like that, I had enough money coming in and it wasn't a drive. Like it wasn't driving factor, but here's, here's an amazing thing. I started realizing I should buy more properties, but I didn't really need to. But then I realized, oh my goodness, I got five kids. Why don't I help them to buy, or why don't I buy more so I can either give them, give to them or just help them to buy their properties and go that route. So now it's growing because I have five kids to be able to make sure that they have, you know, 10 properties each. That'd be another 50 properties that we're all working together to buy.

49:48Yeah. Okay. Yeah. What a legacy to leave behind. Yeah. And we, we kind of just touched on it briefly, but kind of recycling the equity where it's like, you know, at a certain point plus appreciation, now I can get a loan against this existing property and put that into the next thing. And at a certain point, there's a flywheel that starts to spin. And I get the sense that it's kind of, you get a kick out of it. It's a fun game for you. And this whole legacy factor too. Absolutely. It's so much fun. Yeah. But one other quick thing I want to share with you. I don't think I told you about it. So, and I just mentioned it earlier, incomebuilder.io, incomebuilder.io is my new software that I'm creating.

50:26That is, right now it's free. So for right now, for a limited time, you can get in there for free. and I'm building this out because I realized, not that there wasn't any good software because there are plenty of good software. This was like a deal analyzer tool. So it's even more than that. Yeah, so right now it's, we started with analyzing deals because that's the number one thing that is easy to jump into and it helps people to make sure they're getting wins. And so it's green light deal analyzer is basically what it's called where you have, if it fits this criteria, you're gonna have a green light.

50:56If it doesn't, you're gonna have a red light. We're gonna have AI to kind of walk you through how to actually make sure you're getting all green lights, but that's number one. But here's just analyzing, that's just the tip of the iceberg. All my students, I coach them how to find properties, how to analyze properties, how to finance properties, how to get insurance for properties, how to manage the properties, how to do accounting for your properties. And I thought, I want a software that walks a property, not the person, but the property. So if you have, you're a user, you create a property, you find a property through my software, you analyze it, but it's a portfolio.

51:30I'm trying to gamify it too, where it's like, you don't need to go from me for coaching. You just follow the steps. Like what's the next step? Here's the next step. Because again, like I said, I created a system, a business that I created over and over again. So we're going to have it to where you even collecting rents, you're managing your portfolio in this app. And my goal is to help people become an income builder. Yeah, yeah, yeah. You get that flywheel spinning for sure. Well, this has been really cool. You definitely got me thinking harder about adding some direct real estate ownership back into the portfolio.

52:00It's been a long time. So I'll chalk that up as a win for Dustin, not that we were trying to have any sort of debate here. But let's wrap this thing up with your number one tip for Side Hustle Nation 2025 edition does not have to be real estate related. You got side hustles on side hustles here. The number one tip I would give everybody is to, honestly, it's never give up. If you give up, then you fail twice. Like let's say you buy a house, and you do it wrong, or you start a side hustle, and you do it wrong, and you fail once, which means it didn't work. Well, you fail twice, you ultimately fail if you give up, you didn't learn from it, you didn't get better.

52:36My suggestion is definitely figure out, like, use the failure as a way to learn so that you can grow and not fail a second time, but never give up. Very good, never give up, learn what works. If somebody else is doing it, hey, why them? Why not me. I love that kind of mentality. Like if they figured it out, I can figure it out. We'll link up all of Dustin's resources in the show notes for this episode. All you got to do is click the show notes link in the episode description and it'll get you right over there. A couple of takeaways for me before we wrap, obviously this long-term mentality. The more properties you can stack, the more systems you have in place, the better off you're going to be.

53:13You're going to be able to weather some capital expenses that might come up or some problem tenants that might come up. I was kind of reminded of the Warren Buffett line when you're talking about captured of equity. You kind of like you make your money when you buy, not when you sell. It's like, you know, trying to buy right, not trying to buy at inflated prices. And then building the team, putting the team and the systems in place so that you can really be the income builder. You can really be the owner investor rather than the person who's getting calls from tenants at three in the morning. Hey, the toilets leak.

53:39It's stuff like that. But Dustin, big thanks for coming by, sharing your insight. Once again, thanks to our sponsors for helping make this content free for everyone. SideHustleNation.com slash deals is where to go to find all the latest offers from our sponsors in one place. Thank you for supporting the advertisers that support the show. That is it for me. Thank you so much for tuning in. If you're finding value in the show, the greatest compliment is to share with a friend. So fire off that text message and help spread the word that way. Until next time, let's go out there and make something happen.

54:09And I'll catch you in the next edition of the Side Hustle Show. Hustle on.