DiscoverDriven To Win452 | The Truth About Passive Income: Debunking Myths & Real Estate Nightmares
452 | The Truth About Passive Income: Debunking Myths & Real Estate Nightmares

452 | The Truth About Passive Income: Debunking Myths & Real Estate Nightmares

Update: 2024-04-22
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In this episode, Chaz Wolfe is joined by Mike DeHaan, an engineer turned real estate entrepreneur. They discuss Mike's risk-taking mentality, the importance of passive income, and overcoming limiting beliefs. They also discuss the realities of entrepreneurship, strategies for profit in real estate, and the influence of '4 Hour Work Week' on Mike's journey.

Host Chaz Wolfe is joined by a real estate industry powerhouse, Mike DeHaan, Owner and podcast host of Collecting Keys.
Together, they explore critical topics for anyone interested in real estate investing:
-The misconceptions around passive income
-Debunking common cash flow myths



  • Sharing shocking real estate horror stories
    This episode is a must-watch for those seeking genuine insights into real estate investing, starting their journey in the industry, or looking for a mindset shift to engineer their dream life.
    Don't forget to subscribe, hit the like button, and leave a comment below. Your support helps continue bringing incredible guests like Mike to the show. Enjoy the episode!


Timestamps:
00:00 Introduction
01:37 Diving Deep into Real Estate with Mike Dahan
05:16 The Unconventional Path to Real Estate Success
13:13 Why your mindset around passive income is flawed
19:30 The Journey of Sacrifice and Success
21:08 Building a Community of Entrepreneurs
22:00 The Entrepreneurial Journey: From Sales to Real Estate Success
22:15 The Power of Budgeting and Financial Alignment in Marriage
22:52 Embracing the Entrepreneurial Mindset: Challenges and Rewards
23:59 The Realities of Entrepreneurship: Mental Health and Financial Freedom
24:57 Building a Supportive Community for Entrepreneurs
25:54 Cash Flow Myths
30:44 The Transformative Impact of 'The 4-Hour Work Week'
31:51 Unique Approaches in Real Estate: The Collecting Keys Podcast
35:24 Real estate horror stories
40:16 Connecting with Mike: Podcasts, Instagram, and Community
41:07 How to connect with Gathering The Kings


Recommended Resources (Affiliate Links May Be Used):Gathering The Kings Full Library of recommendations:
https://www.amazon.com/shop/gatheringthekings/list/300QACPW0EMZ5?ref_=cm_sw_r_cp_ud_aipsflist_aipsfgatheringthekings_1C46721HEAM65EC1ENWD


The 4 Hour Work Week by Tim Ferriss:
https://www.amazon.com/dp/0091929113?linkCode=ssc&tag=onamzchazwolf-20&creativeASIN=0091929113&asc_item-id=amzn1.ideas.300QACPW0EMZ5&ref_=aip_sf_list_spv_ons_d_asin


Let’s Connect!


Mike DeHaan:
https://www.youtube.com/@collectingkeys
Instagram: @mike_invests
https://collectingkeys.com/


*Full link to Collecting Keys Animated Adventures:
https://www.youtube.com/watch?v=OY5KRpizv94&list=PLBC2O8UBWPH1hffyqRdjEPY-kOJXO1gDU


Chaz Wolfe (Host):
Linktree: https://linktr.ee/chazwolfe
Website: www.gatheringthekings.com
Facebook: https://www.facebook.com/chazwolfe/
Facebook: https://www.facebook.com/gatheringthekings
Instagram: https://www.instagram.com/gatheringthekings/
LinkedIn: https://www.linkedin.com/in/chaz-wolfe-86767054/
Linkedin: https://www.linkedin.com/company/91415421/
TikTok: https://www.tiktok.com/@chazwolfe_kings
Youtube: https://youtube.com/@gatheringthekings


For more information on Gathering The Kings Peer to Peer Mastermind Group:
https://go.oncehub.com/TheExceptionalLife


If you liked this episode, please LIKE, SUBSCRIBE, drop us a REVIEW, and share with your friends. We appreciate you, and your support enables us to keep bringing you the goods on the show!
#business #podcast #entrepreneur #entrepreneurship




(0:00 ) Introduction and overview of the episode's content
(1:45 ) Guest Mike DeHaan's introduction and journey from engineering to real estate
(9:27 ) Discussion on Mike DeHaan's risk-taking mentality and its impact on his personal life
(13:22 ) Conversation about passive income, limiting beliefs, and the fear of lowering lifestyle for entrepreneurship
(21:08 ) Sponsor: Encouragement to share the podcast
(24:03 ) The realities of entrepreneurship and the importance of community
(26:34 ) Strategies for making more money in real estate
(30:45 ) Impact of '4 Hour Work Week' on Mike's entrepreneurial journey and introduction of a cartoon podcast
(37:14 ) The unique challenges and opportunities in real estate wholesaling
(40:02 ) How to connect with Mike DeHaan and learn more about real estate investing
(41:21 ) Closing remarks from host Chaz Wolfe and the mission of Gathering The Kings Podcast
(42:38 ) End of episode
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452 | The Truth About Passive Income: Debunking Myths & Real Estate Nightmares

452 | The Truth About Passive Income: Debunking Myths & Real Estate Nightmares

Chaz Wolfe