logo
episode-header-image
Jul 2024
36m 32s

998: How to Create Multiple Streams of I...

BIGGERPOCKETS
About this episode

If you know how to create multiple streams of income, you can build wealth FAST. Thankfully, real estate has dozens (if not hundreds) of ways to make money, and there’s a good chance that what you’re doing right now in real estate could lead you to two, three, or four different income streams. Today, we’re talking to expert investor James Dainard about the EIGHT streams of income he’s built and how you can do it, too!


Whether you own a few rentals, a whole portfolio, or are just getting started in real estate, this episode is for you. We’re teaching beginners how to go from zero to multiple streams of income and the one income stream you should focus on first. If you’re running out of time with your rental or house flipping business and want more passive income flowing your way, worry not. We’ll talk about what you can do to make more money on the side without the hassle of doing your own deals.


We’re even going to share the one skill you MUST learn to make it rich in real estate and start building your income streams today. If you get this right, you’ll build wealth WAY faster than the rest!


In This Episode We Cover

How to create multiple streams of income through real estate investing

The number one income stream new investors MUST build before anything else 

James’ eight different streams of income and how they make his investing even easier 

How to start investing for passive income and why you MUST be careful when doing this

Buying businesses and how this can make you even MORE money when investing 

And So Much More!


Links from the Show

Join BiggerPockets for FREE

Ask David Your Real Estate Investing Question

Connect with Other Investors on the BiggerPockets Forums

Grab Henry’s Newest Book, “Real Estate Deal Maker”

Find an Investor-Friendly Agent in Your Area

See Henry and James at BPCON2024 in Cancun!

How to Create Multiple Streams of Income in Real Estate



(00:00) Intro

(01:12) Making Multiple Income Streams

(04:38) How Newbies Can Start 

(09:00) Owning 8 Businesses!? 

(13:28) Passive Income Streams

(18:59) Which Streams to Build 

(27:06) What to Start Doing NOW


Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-998

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email advertise@biggerpockets.com.

Learn more about your ad choices. Visit megaphone.fm/adchoices

Up next
Yesterday
How to Make the Most Money Possible from Your Rental Property
This is how to make the most money possible from your rental properties without buying another unit. We got into real estate investing to build wealth, not have the biggest portfolio possible. Financial freedom isn’t so freeing when you have a hundred rental units and hundreds of ... Show More
33m 50s
Oct 6
Turning a $25,000 Rental Property into a $5,000/Month Rental Portfolio
This investor turned a $25,000 rental property (yes, you read that right) into a real estate portfolio producing $5,000/month in actual cash flow. He had no experience, lived in a small town many would write off, and was working 60 hours a week. But small towns mean less competit ... Show More
30m 27s
Oct 3
The New (Better) House Hack: No Roommates, More Rent
House hacking is still the easiest way to start investing in real estate—and it’s getting even easier. You no longer need to live with roommates, share spaces with tenants, and give up your home to offset your mortgage. Instead, thanks to some new methods, you may not even need t ... Show More
33m 51s
Recommended Episodes
Jun 2025
How to FIRE Without Investing in Real Estate
You're eager to build serious wealth, but the idea of managing tenants, fixing toilets, handling trash issues, and dealing with the endless headaches that come with real estate investing makes you cringe. Even though we're the world's largest platform for real estate investors, w ... Show More
35m 14s
Oct 2023
FBF #659: Quitting Your Day Job to Be a Full-Time Real Estate Investor
Today's Flash Back Friday episode is from episode #522, which originally aired on 12/5/22. Bronson Hill is the founder and CEO of Bronson Equity and has raised over $20M for real estate investments and is a general partner in over $150M worth of real estate around the US. In addi ... Show More
26m 29s
Sep 2024
Reaching Financial Independence with 5 Properties & Multiple Income Streams w/Kadeem Leslie
Can real estate investing still propel you to financial independence in 2024? Despite starting with very little money or know-how, this investor found creative ways to build a real estate portfolio of five rental properties and reach his financial goals!Kadeem Leslie was just fif ... Show More
42m 24s
Jun 2025
#269 How I’d Invest $100,000 Into Passive Real Estate as a First-Time Physician Investor
In this episode, Dr. Peter Kim shares what he’d do if he were starting out with $100,000 to invest in passive real estate. Instead of going all in on one deal, he explains a smarter, lower-risk strategy that helps you learn, grow, and invest with confidence. If you’re wondering h ... Show More
11m 8s
Nov 2024
Quitting His Job with Real Estate After Cracking the Cash Flow Code
Want to quit your job with real estate investing? Rookie investor Miller McSwain has a strategy anyone can copy to make serious cash flow. This investing strategy is rookie-friendly and allows you to learn the real estate investing ropes while making serious money. Miller now has ... Show More
45m 11s
Jun 2017
How to Invest in Real Estate Audiobook by Ryan Stephens
Please visit https://thebookvoice.com/podcasts/audiobook/1287/ to download full audiobooks of your choice for free. Title: How to Invest in Real Estate Subtitle: Learn How to Invest Money in Cash-Flow Real Estate Assets & Break Out of the Rat Race While You Still Can! Author: Rya ... Show More
1h 14m
Nov 2024
Investing in Real Estate WITHOUT a W2? How I Bought 3 Properties in 2 Years!
Can you start investing in real estate WITHOUT a stable W2 job? How will you get a loan? What happens if you have a fluctuating income? Are you completely out of luck? Not at all! Today’s guest, David Sladewski, proves that you can STILL invest in real estate no matter your age, ... Show More
44m 1s
Feb 2025
How to Build Passive Income with REITs: A Beginner’s Guide
"You don’t need millions to invest in real estate—you just need to know the right strategy." Want to earn passive income from real estate—without buying a house or dealing with tenants? REITs (Real Estate Investment Trusts) offer a way to invest in real estate with low capital, z ... Show More
14m 27s
Feb 2025
10 Ways to Buy Real Estate with No or Low Money (Step-by-Step Guide) | Ep 120
🏠 JOIN MY FREE 5-DAY DEAL ANALYSIS CHALLENGEhttps://go.abetterlife.com/bb_pod_analysis  🧔‍♂️ WHO AM I?Our names are Brandon Turner and Cam Cathcart! We teach people how to BUILD WEALTH WITHOUT LOSING THEIR SOUL through real estate investing! 1️⃣ WANT TO GET YOUR FIRST DEAL?http ... Show More
29m 11s
Aug 21
Mohnish Pabrai (Billionaire Investor): The $100 Investment Hack That's Disappearing Fast! The Fastest Way To Financial Freedom!
Is copying Warren Buffett the fastest way to get rich? Mohnish Pabrai reveals the strategy to turn 1K into 10K in 30 days, quit your job safely, build passive income, and master the step-by-step formula millionaires actually use! Mohnish Pabrai is a renowned value investor and fo ... Show More
1h 46m