When we have a clear view of what do we want to achieve in life, everything else falls in the right place. Dusty Baker has the full tool kit to help you outgrow your real estate business and deliver to your clients an experience full of satisfaction when closing deals. Discover why Dusty doesn’t consider his primary residence as an investment even though he makes money off it, solve the exact equation to buy real estate, and learn to never overpay for a property even when you have a nice cash flow in your life.
Born and raised in Santa Barbara California, he has established reputation and knowledge in the local market, earning amazing titles like “Agent of the Year” and “Top 40 Under 40”. Dusty knows that is easy to get a real estate agent license, but it is not that easy to be an actual good real estate agent. He knows his field like the palm of his hand and looks for excellence in every aspect of his business and life.
In this episode, Dusty shares with us the power of being careful in the real estate business, as buying and selling luxury real estate deserves the finest attention to detail. We’ll learn how great the real estate market when it comes to investing and how ‘Average Joes’ can have a property, fix, manage it and make money out of it. Stay with us as Dusty shares the story that led him to be one of the best real estate agents in the state of California.
“I recommend every single person to get a coach, but do your due diligence and find the best.” - Dusty Baker
Podcast summary:
03:55 - The reasons why Dusty decided to join the Real Estate Agent Army.
05:26 - Why even an Average Joe could become a millionaire by investing in real estate.
08:05 - The house hacking story that made Dusty believe in the American Dream.
10:01 - The concept that helps Dusty make more money than his financial advisor.
12:42 - Choosing between appreciation and cash flow.
16:22 - The fortune-teller: Dusty’s predictions for the market.
10:07 - How submarkets and rental prices are intertwined with the real estate market.
24:40 - Dusty’s thoughts on fixed and variable interest rates and why he suggests you be conservative and have some safety nets.
28:34 - How 16-year-old Dusty went from frustrated teen to earning 30 USD an hour by parking cool cars.
31:56 - How Dusty earned more money by looking for the most intelligent people in the world and why he advises you to look for the best coach you can find.
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