E219: Hacking Human Nature with Henry Washington

<p>Get ready to be amazed by this guy who went from borrowing from his wife’s 401k to now having around 70 rentals in his portfolio – in less than five years! Today, he shares some cheat codes to a great marriage, a highly successful passive income generator, and a happy life.</p> <p>Here are some clues: the right mindset, the right people, and the right strategy.</p> <p>Listen in as Erik Cabral chats with Henry Washington, real estate investor and e-commerce business coach. All it took for Henry was to google “passive income” and watch a TED Talk at three in the morning, about a guy in his 20’s who had it all figured out. At that point, Henry made the decision that forever changed his life.</p> <p><strong>Here are some power takeaways from today’s conversation:</strong></p> <ul> <li>Henry’s eureka moment</li> <li>The difference between trying and making the decision</li> <li>The decision to get into real estate</li> <li>Cheat code #1: Changing your mindset about money</li> <li>Cheat code #2: Connecting with real estate investors – consistently</li> <li>Cheat code #3: Investing out of a 401k loan</li> <li>Why banks most likely favor small businesses doing real estate</li> <li>His passion to share his knowledge with as many people as possible</li> <li>Henry’s popular interview on the Bigger Pockets podcast</li> <li>Lessons from failures</li> </ul> <p><strong>Episode Highlights:</strong></p> <p><strong>Cheat Code #1: Change Your Mindset About Money</strong></p> <p>Decide to pay yourself first, and when you do that, you’re forcing yourself to figure out a way to make the rest of your budget work. It might also force you to get creative about how you make money and how you spend money.</p> <p><strong>Cheat Code #2: Connect with Real Estate Investors – Consistently!</strong></p> <p>We take on the characteristics of the five people closest to us. If you're in those rooms constantly, you're going to start to be and do what's around you. It’s human nature, so hack it and take advantage of it.</p> <p>Rel