{"id":79951,"date":"2016-09-01T00:02:40","date_gmt":"2016-09-01T06:02:40","guid":{"rendered":"https:\/\/www.biggerpockets.com\/renewsblog\/?p=79951"},"modified":"2023-04-14T02:03:35","modified_gmt":"2023-04-14T08:03:35","slug":"bp-podcast-190building-multiple-passive-streams-income-pat-hiban","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/bp-podcast-190building-multiple-passive-streams-income-pat-hiban","title":{"rendered":"Building 61 Different Passive Streams of Income with Pat Hiban"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Are you building vertical or horizontal income in your life? If you aren\u2019t sure, don\u2019t miss this exceptionally important episode of the <strong><a href=\"https:\/\/www.biggerpockets.com\/podcast\" target=\"_blank\">BiggerPockets Podcast<\/a>,<\/strong> where we talk with <strong>Pat Hiban<\/strong> 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 \u201chouse hack\u201d to participating in multi-million dollar apartment complex purchases. You\u2019ll also learn why (and how) Pat has <strong>61 different sources of \u201chorizontal\u201d income streams<\/strong> and the best ways to begin building your own. Don\u2019t miss a second of this incredible show.<\/span><\/p>\n<p><a href=\"https:\/\/itunes.apple.com\/us\/podcast\/biggerpockets-podcast-real\/id594419649\" target=\"_blank\" rel=\"noopener\">Click here<\/a>\u00a0to listen on iTunes.<\/p>\n<h2>Listen to the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm?e=BIGPOC6224538891&#038;light=false\" width=\"100%\"><\/iframe><\/p>\n<h2>Watch the Podcast Here<\/h2>\n<p><iframe loading=\"lazy\" title=\"Building 61 Different Passive Streams of Income with Pat Hiban | BP Podcast 190\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/zd4bgx-lBvQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n<h2>Help Us Out!<\/h2>\n<p>Help us reach new listeners on iTunes by leaving us a rating and review! It takes just 30 seconds and instructions can be found <a href=\"https:\/\/www.biggerpockets.com\/forums\/25\/topics\/161423-do-you-listen-to-the-bp-podcast\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. Thanks! We really appreciate it!<\/p>\n<h2>This Show Sponsored By<\/h2>\n<p>We just wa<img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-66280 no-display appear\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2014\/11\/RealtyShares.png\" alt=\"RealtyShares\" width=\"283\" height=\"60\" title=\"\">nted to give a shout out to our podcast sponsor\u00a0on today\u2019s show:<strong> RealtyShares<\/strong>. RealtyShares is a crowdfunding platform that allows you to invest in professionally managed properties without leaving your living room!<\/p>\n<p>Learn more by visiting\u00a0<a href=\"http:\/\/www.realtyshares.com\/biggerpockets\" target=\"_blank\" rel=\"noopener noreferrer\">RealtyShares.com\/biggerpockets<\/a>!<\/p>\n<h2>Fire Round\u00a0Sponsor<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-74647 size-gallery-block\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2015\/08\/freshlogo-214x140.png\" alt=\"freshlogo\" width=\"214\" height=\"140\" title=\"\">A huge thanks as well to our Fire Round sponsor FreshBooks.<br \/>\nFreshBooks customers spend less time on paperwork, freeing up <span class=\"tooltips\">2 days per month<\/span> to focus on the work they love. What would you do with that extra time?<\/p>\n<p>Learn more by visiting\u00a0<a href=\"http:\/\/www.freshbooks.com\/pages\/biggerpockets?ref=11568&amp;utm_source=bigger-pockets&amp;utm_medium=podcast&amp;utm_campaign=2015\" target=\"_blank\" rel=\"noopener noreferrer\">FreshBooks<\/a>.<\/p>\n<h2>In This Episode We Cover:<\/h2>\n<ul>\n<li>Pat&#8217;s thoughts on being a <strong><a href=\"\/renewsblog\/2015\/12\/04\/how-to-become-a-real-estate-agent\/\" target=\"_blank\">real estate agent<\/a><\/strong> for 28 years<\/li>\n<li>Why many real estate agents don\u2019t <strong>invest<\/strong><\/li>\n<li>How he obtained his <strong>first property<\/strong> by <a href=\"\/renewsblog\/2013\/11\/02\/hack-housing-get-paid-live-free\/\" target=\"_blank\">house hacking<\/a><\/li>\n<li>The story of an illegal alien <strong>investor<\/strong><\/li>\n<li>What <strong>Section 8 rentals<\/strong> are and why he invest in them<\/li>\n<li>The <strong>pros and cons<\/strong> of Section 8 tenants<\/li>\n<li>How he makes money through <strong>college rentals<\/strong><\/li>\n<li>How he <strong>manages<\/strong>\u00a0his properties<\/li>\n<li>How to make a property <strong>college-proof<\/strong><\/li>\n<li>What exactly a &#8220;<strong>come bet<\/strong>&#8221; is<\/li>\n<li>Why he looks for <strong>track record<\/strong> before investing with someone<\/li>\n<li>A discussion on <strong>horizontal<\/strong> streams of income<\/li>\n<li><strong>And SO much more!<\/strong><\/li>\n<\/ul>\n<h2>Links from the Show<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/videos\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Videos<\/a><\/li>\n<li><a href=\"\/renewsblog\/bp-podcast-188-using-20-years-studying-market-cycles-buy-low-sell-high\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 188: Using 20+ Years of Studying Market Cycles to Buy Low &amp; Sell High with David Gudmundsen<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/webinar?main_track_only=true\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Webinar<\/a><\/li>\n<li><a href=\"http:\/\/www.gosection8.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">GoSection8<\/a><\/li>\n<li><a href=\"\/renewsblog\/2013\/12\/12\/bp-podcast-048-duplex-managing-tenants-darren-sager\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 048: Duplex Investing, Finding Great Properties, and Tips for Managing Tenants with Darren Sager<\/a><\/li>\n<li><a href=\"\/renewsblog\/2016\/04\/14\/bp-podcast-170journey-flipping-houses-owning-1470-units-andrew-cushman\/\" target=\"_blank\" rel=\"noopener noreferrer\">BP Podcast 170: The Journey From Flipping Houses to Owning 1,470 Units with Andrew Cushman<\/a><\/li>\n<li><a href=\"https:\/\/www.biggerpockets.com\/forums\" target=\"_blank\" rel=\"noopener noreferrer\">BiggerPockets Forums<\/a><\/li>\n<li><a href=\"http:\/\/www.gobundance.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">GoBundance<\/a><\/li>\n<\/ul>\n<h2>Books Mentioned in this Show<\/h2>\n<ul>\n<li><a href=\"http:\/\/amzn.to\/2cdWfW6\" target=\"_blank\" rel=\"noopener noreferrer\"><em>Retire Young Retire Rich<\/em><\/a> by Robert Kiyosaki<\/li>\n<li><a href=\"http:\/\/amzn.to\/2bBkM64\" target=\"_blank\" rel=\"noopener noreferrer\"><em>The Surrender Experiment<\/em><\/a> by\u00a0Michael A. Singer<\/li>\n<li><a href=\"http:\/\/amzn.to\/2cqlzKa\" target=\"_blank\" rel=\"noopener noreferrer\"><em>6 Steps to 7 Figures<\/em><\/a> by Pat Hiban<\/li>\n<\/ul>\n<h2>Tweetable Topics:<\/h2>\n<ul>\n<li>&#8220;My biggest regret is not buying a house a year.&#8221;\u00a0(<a href=\"https:\/\/twitter.com\/home?status=%22My%20biggest%20regret%20is%20not%20buying%20a%20house%20a%20year.%22%20BP%20Podcast%20190%20biggerpockets.com\/show190%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;On Section 8, I buy where if they find out that I\u2019ll put a Section 8 in there, they\u2019ll be upset.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22On%20Section%208,%20I%20buy%20where%20if%20they%20find%20out%20that%20I%E2%80%99ll%20put%20a%20Section%208%20in%20there,%20they%E2%80%99ll%20be%20upset.%22%20BP%20Podcast%20190%20biggerpockets.com\/show190\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<li>&#8220;Create bucket list moments and get the most out of life.&#8221; (<a href=\"https:\/\/twitter.com\/home?status=%22Create%20bucket%20list%20moments%20and%20get%20the%20most%20out%20of%20life.%22%20BP%20Podcast%20190%20biggerpockets.com\/show190%20%40biggerpockets\" target=\"_blank\">Tweet This!<\/a>)<\/li>\n<\/ul>\n<h2>Connect with\u00a0Pat<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.biggerpockets.com\/users\/PatH15\" target=\"_blank\" rel=\"noopener noreferrer\">Pat&#8217;s\u00a0BiggerPockets Profile<\/a><\/li>\n<li><a href=\"http:\/\/pathiban.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Pat&#8217;s Company Website<\/a><\/li>\n<li><a href=\"http:\/\/hibandigital.com\/\" target=\"_blank\" rel=\"noopener\">Pat&#8217;s Podcast<\/a><\/li>\n<li><a href=\"http:\/\/vpacq.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">VPACQ<\/a><\/li>\n<\/ul>\n<h2>Show Preview<\/h2>\n<p><iframe loading=\"lazy\" title=\"Podcast 190 Preview: I&#039;m not one of those guys who hold forever, I do love to sell.\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/XhV-U24lvX0?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you building vertical or horizontal income in your life? If you aren\u2019t sure, don\u2019t miss this exceptionally important episode of the BiggerPockets Podcast, where we talk with Pat Hiban [&hellip;]<\/p>\n","protected":false},"author":17340,"featured_media":118669,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4565],"tags":[],"class_list":["post-79951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-biggerpockets-podcast"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/79951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/17340"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=79951"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/79951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/118669"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=79951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=79951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=79951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}