190: Building 61 Different Passive Streams of Income with Pat Hiban

<p>Are you building vertical or horizontal income in your life? If you aren’t sure, don’t miss this exceptionally important episode of the&nbsp;<a href="https://www.biggerpockets.com/podcast" target="_blank"><strong>BiggerPockets Podcast</strong></a><strong>,</strong>&nbsp;where we talk with&nbsp;<strong>Pat Hiban</strong>&nbsp;about creating multiple streams of passive income. Pat, who is a New York Times bestselling author, shares his real estate journey with us today, starting from a humble “house hack” to participating in multi-million dollar apartment complex purchases. You’ll also learn why (and how) Pat has&nbsp;<strong>61 different sources of “horizontal” income streams</strong>&nbsp;and the best ways to begin building your own. Don’t miss a second of this incredible show.</p><p>In This Episode We Cover:</p><ul><li>Pat’s thoughts on being a&nbsp;<a href="https://www.biggerpockets.com/renewsblog/2015/12/04/how-to-become-a-real-estate-agent/" target="_blank"><strong>real estate agent</strong></a>&nbsp;for 28 years</li><li>Why many real estate agents don’t&nbsp;<strong>invest</strong></li><li>How he obtained his&nbsp;<strong>first property</strong>&nbsp;by&nbsp;<a href="https://www.biggerpockets.com/renewsblog/2013/11/02/hack-housing-get-paid-live-free/" target="_blank">house hacking</a></li><li>The story of an illegal alien&nbsp;<strong>investor</strong></li><li>What&nbsp;<strong>Section 8 rentals</strong>&nbsp;are and why he invest in them</li><li>The&nbsp;<strong>pros and cons</strong>&nbsp;of Section 8 tenants</li><li>How he makes money through&nbsp;<strong>college rentals</strong></li><li>How he&nbsp;<strong>manages</strong>&nbsp;his properties</li><li>How to make a property&nbsp;<strong>college-proof</strong></li><li>What exactly a “<strong>come bet</strong>” is</li><li>Why he looks for&nbsp;<strong>track record</strong>&nbsp;before investing with someone</li><li>A discussion on&nbsp;<strong>horizontal</strong>&nbsp;streams of income</li><li><strong>And SO much more!</strong></li></ul><p>Links