Are you ready to revolutionize your real estate investing strategies and build generational wealth? We sit down with Dwan Bent-Twyford as she shares how she went from wholesaling over 2,000 houses to revitalizing entire downtown areas, creating tremendous value and community impact. Dial now to get actionable tips and strategies on making smarter investments and securing long-term financial freedom.

Key takeaways to listen for

  • [01:01] How Dwan began her real estate journey with just $75 and turned it into a successful career
  • [02:38] A step-by-step approach to wholesaling over 2,000 houses and consistently finding great deals.
  • [05:20] The importance of building efficient systems and assembling a reliable team
  • [13:15] Multiple benefits of investing in opportunity zones
  • [24:49] Innovative ways to educate your children about business and investing

Resources mentioned in this episode

About Dwan Bent-Twyford

Dwan Bent-Twyford is America’s most sought-after real estate investor coach. She has been featured in interviews and articles on over 500 media outlets. Dwan’s podcast has grown in popularity for the past four years and is now among the top 700 business podcasts globally.

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Transcript
Dwan Bent-Twyford:

The opportunity zones are not all commercial. They're a neighborhood. And if you're looking to buy rentals or even multi use or buildings or anything, a lot of them are in the zones.

They just want to bring up the neighborhood.

Neil Henderson:

Welcome to truly passive income. I'm Neil Henderson.

Clint Harris:

And I'm Clint Harris.

Neil Henderson:

Well, Dwan Bent Twyford. Thanks for joining us today.

Dwan Bent-Twyford:

Thanks for having me on, guys. I'm excited to talk to both of you.

Neil Henderson:

Absolutely. So you have an incredible journey from being a single mother to a real estate investor.

Can you walk us through back to when you first decided to dive into real estate investing?

Dwan Bent-Twyford:

I know, really, when I think about my story, I really have such a crazy story. So I got married. I waited till I was 30 to have kids.

I wanted to be like, yeah, I think some of the things, Clint, that you're doing, like, I wanted to be the same mom. Go on all the field trips, you know, be the Girl scout cookie mom. Like, want to do all those fun things. I wanted to have kids. I was a little older.

I got married. My daughter was eight months old. My husband and I split up really unexpectedly. So I had. For real, I had $75 in my purse. I had no car.

Ended up losing my house in foreclosure like it was come to Jesus moment, like, being the worst possible way, like everything. So through that, I thought, well, now I have to work, and I have to figure out how to raise this child.

And I'm already 30, so I know realize that at 30, if I start working with somebody else, I'll probably work at 150, because I got to raise this child. Or I could work for myself, and I could just take a chance. I could do something. If it doesn't work, I can always get a job. That's the funniest part.

I wasn't even looking for real estate. I was just looking for something I could do from home. And as it turned out, I met some people, and they said, oh, yeah, we buy houses.

We fix them up, we sell them. But I'm really naive. I don't know anything. And I thought that they were talking about decorating. So, yeah, they buy, and they fix them up.

They sell them. I can decorate. I have great taste. That's when I'm gonna be a decorator.

And as it turns out, rehabbing and decorating are not the same thing, which I learned. I moved into my first house.

I started working on it, and I didn't know how to do anything, so I had to go to Home Depot and take classes and I rehabbed this whole house and it made $22,000. I was like, that's it. I'm doing this forever. In 35 years later, I'm still doing it.

Clint Harris:that you have wholesaled over:n leads. You didn't wholesale:

So unpack that for us in your journey as a wildly successful wholesaler.

Dwan Bent-Twyford:

You know something, way back, as you remember, I started doing investing before Google and before cell phones and even before pagers. Like, I'm dating myself here. But those things didn't exist.

And the people that I met, they said, well, we just go to the courthouse, we write down names and addresses, and we just go knock on doors. I was like, well, okay, I can do that. How hard can that be?

So I probably knocked on doors for five or six years solid to find all my leads, because that was the only thing that I knew to do. And then as you get into it, you learn more.

So, you know, I'm running ads, I'm advertising school newsletters, I'm mailing postcards, I'm doing all the things. And then, of course, you get a couple of assistants, and then you have people doing things for you, and one thing just leads to another.

And, I mean, I was probably averaging 100, 150 deals a year wholesaling, because I was a machine and I never wanted to find myself in that broke poor position again. So I then get overcompensated and make sure I would always have money.

But after a while you realize, like, well, I can wholesale till the end of time, but then when I don't work, where's my money coming from? Which transitioned me into other things. But I love wholesaling. And yeah, I gotta tell you, I still like knocking on doors. I'm in Iowa.

We went to knock in the other day looking for a couple little rentals around here. I still like to do it. I know people don't like it, but I love people.

And when I was there, foreclosure, nobody knocked on my door to help me so I can help another person. And I feel a lot of gratitude for that.

Neil Henderson:

Well, you don't strike me as an introvert, so it doesn't surprise me that you enjoy door knocking.

Dwan Bent-Twyford:

I really do. Yes. People are in foreclosure, and only to the people that are in foreclosure, I'm not like going door to door. People are foreclosure.

But I know when I was in that situation how hopeless I felt. I know how hopeless people feel today, still, individually. And it's like, you know what? I want to try to help people.

I was that person, and now I have money, and I am this person. So I want to teach people. There's lots of things that are investing.

Let's teach you how to make money faster so people can start building generational wealth. So I'm all about helping people build generational wealth.

Neil Henderson:

Now, that's a challenge. You know, you mentioned that when you're door knocking, you're often door knocking on people who are entering foreclosure.

It sounds like you come in with the right mindset of, like, you're trying to help people. And that's often something that a lot of people don't really consider when they think about it, is that you're trying to be a problem solver.

Dwan Bent-Twyford:

Yes.

Neil Henderson:

But you're often dealing with people who are. They're not in the best financial circumstances.

They're probably not all that happy to miss sully, have somebody, like, knock on their door and say, you know, hey, I understand you're going through foreclosure. You know, can I buy your house?

Dwan Bent-Twyford:

Well, they do. I have a little package instead. I don't think I have it handy here. It's a little package my husband, I put together.

And so basically it says, are you facing foreclosure? These are ten options to help you buy time to stay in your home.

So when I do meet a person or one of my students meets a person or one of my door knockers, they say, basically, I was doing some research. And so you have a pending problem with your property. Specialize in helping folks like you solve their problem.

I wanted to give you this package with these ten officers and let you know, what are you doing now? And it basically talks to them about a loan modification, no forbearance agreement, you know, all the options that people have.

So when you come with the mindset to help the homeowners, they're really interested, because I'm not saying I don't ever say I want to buy your house. So these are ten options to buy time for you to stay in your house, because that's what they want to hear. And then the reality is they usually can't.

And then they work with us, so they get to move, they get a fresh start. They get out of foreclosure. We get a good deal, we wholesale it, or rehab it or keep it or add it to a portfolio or whatever.

And the same thing with, like I told Clint, we're in Clinton, Iowa, we're rehabbing like winter, we're re beautifying this entire downtown. All these buildings that we bought, all of them were in distress. The owners had died. The widows didn't want the properties.

Every single one of these was in distress, as are the single family homes. We bought 28 buildings and only one came from the bank. Every house, every building, the one I'm in right now, all were in distress.

So it works across the board. It's not just single family, it's commercial, too.

Clint Harris:

Wow. Yeah. I love how those lessons translate.

And your ability to connect with people and to come to them with an answer, especially when they have a problem, that's a beautiful way to approach that to good attitude. Let me ask you this.

So you mentioned before about going from your wholesaling days into things that you mentioned, you know, the day you stop working is the day you stop getting paid and kind of shifting mindset towards things that are going to be more towards the generational wealth side of things. The timeline that we traditionally see, and I'm more speaking about the younger wholesalers, like over a ten to 15 year period.

A lot of times you see people start out with wholesaling because they don't have any money, but they're willing to trade time for hustle to make the money, right? So they'll start wholesaling, have some success. A lot of times they realize that they're passing off a lot of really good deals.

So they start doing a few flips themselves, sometimes struggle on the first few, eventually start doing well. Eventually they realize. Same thing with the flips. The day you stop working is the day you stop getting paid.

And every time you wholesale or flip a property, you're getting paid once. So a lot of times those people make the transition towards single family homes.

Eventually a lot of them make the transition towards multifamily properties, and then eventually towards larger multifamily, because they realize if you go bigger, you can have an onsite manager and the management expense ratio typically goes down with a larger property.

Later on in their career, a lot of those investors, you know, fifties, sixties, will start looking at syndication because as we get older, typically your time becomes worth more than anything else. And then they start, they rather make a little bit less, but have it be a completely hands off investment.

That's the trajectory that we see with the people that start off in the wholesaling and flipping business.

I'm curious to know what you think about that, how it kind of lines up with you and where, when you decided to make the shift towards things that were going to have a long term place in your portfolio to generate passive or generational wealth, what options you went after in that avenue.

Dwan Bent-Twyford:

Clint, that is really kind of how it was. I was wholesaling like a crazy. Well, I rehabbed the first couple of houses. You know, they said, we buy a house, we fix them up, and we sell them.

So I found a house, I lived in it, and then I realized that carpent doesn't fix everything. So I was basically, for like, the first five years, I rehabbed a lot of houses. I would move in, rehab them. My daughter's with me every day.

Never spent a day in daycare. We're working on houses, and I'm building cabinets at night when she's asleep and I'm building screens. I put in fans, got shocked a lot.

Electricity is like, it's not my thing. So I was doing that, and then I discovered wholesaling after. Actually, I rehabbed for about four or five years.

And then someone said, you know, you can just find those houses and sell them to another rehabber. Just make money in between. I thought, that sounds a lot easier because I'm physically rehabbing my butt off day and night living in these houses.

And so I took probably seven straight years and just wholesale, like a crazy, crazy woman. And then I started to recognize, like, okay, if I take off a year, like, where's my money coming from?

So, like you were saying, when I started off a single family homes and I bought some duplexes and I bought some four plexes, and then I bought a couple commercial way back, like 15 years ago, 20 years ago maybe. I bought a couple commercial buildings and rented those out, and I was like, oh, okay.

And then my husband and I were coming to cloud, Iowa to his high school reunions. Well, we've been together, like, 24 years, married 22. We started coming to these reunions and I said, there's such a cute downtown here.

It's right on the Mississippi river, and it's like three blocks wide and three blocks deep, this little bit. And I was like, the whole downtown, so dilapidated. Like, what happened to this town?

So we started getting involved in the downtown re beautification and, yeah, finding it's all opportunity zones. There's all kinds of grants, there's all kinds of money available. And so we said, well, we'll just buy a building.

And then we bought another building and then, like, that woman told her friends that she calls and, hey, this is Carolyn Azin's been passed away. My buildings are empty. I've got three buildings. Do you want those? And then she told her friend, and next thing you know, everyone is calling us.

I'm, well, you take my building. You take my building. We're like, oh, my God. So we just kept buying them. Now we have 28 in this little tiny area.

It's like, oh, my God, what are we doing?

But we're having the most fun, and I'm learning all kinds of things I didn't know about, you know, grants and opportunity zones and historical buildings. And so I'm, like, in the new learning phase myself because this is new to me, so it's really fun.

And you know what the thing was to, you have to vote for things. This is a town they're trying to, like, regenerate, like, with music and festivals and, you know, like a Hallmark movie.

Yeah, there's a winter fest, a summer fest, October. There's a fest for everything. And we have to vote. So the people in the downtown, our taxes go into a separate fund, and we vote on things.

And I came up with, like, for two years, I played nice, and I was like, hey, let's do Christmas on July. Let's do this. And I kept getting voted down.

So finally I called the mayor, and I was like, listen, how many buildings I need to own to control the boat? He goes, well, you did 28 parcels. I'm like, okay, just give me, like, six months.

Then we bought some more parcels, and then we went back to the next meeting and said, okay, here's what we're doing. And this is what's happening from now on, because y'all think you move too slow, you think too slow, like, let's go.

So now, especially the last two years, the whole town is just bustling. And it's awesome to, like, be a part of something like that.

Neil Henderson:re of. And it was part of the:

I think it's a great idea to try and revitalize, allow communities and states to designate certain areas that they want to be revitalized and then provide incentives for investors to place capital there. But it's. How are you seeing it affect that specific town?

Dwan Bent-Twyford:

Well, I can tell you one thing. We weren't able to come here very much the last couple of years because my husband was.

We were just fighting this crazy cancer battle, which he's 100% awesome now. So even just for a couple years of not being here very much physically and be able to spend the summer here, now we can see just such a difference.

Like, almost every building downtown is full. Breweries have come into town, restaurants have come in town, bakeries, shopping boutiques.

Like, it's dramatically different than when we started five years ago. So we like, yeah, this will be a five year project now.

It'll be, you know, with Bill's health, it'll be like a seven or eight year project, but just seeing it from day one till today, it's completely different. The property values have already gone up downtown 48%, which is a lot. And I'm in my building now. This building I'm in right now.

This is a three story building, office downstairs, two apartments. We paid $35,000 for this building, and I had it all rented out for $700 a floor, and it's like $35,000 for the whole building.

So then I was like, I kicked everybody out. So we're gonna just take over the whole building, which is why I'm in my little apartment with no podcast background right now.

But the property values are going up a lot. People now are paying a lot more.

But the opportunity zone, you keep it for ten years and you sell it, there's no capital gains, and people don't realize that. It's like, listen, you sell it for three times what it's worth, that's your money.

There's grant, all these little towns all over America, and little pockets. And even, like, some of the places you guys are buying K Mart and different things like that, a lot of those are probably in an opportunity zone.

And there's just money for everything, for roofs and windows and facades here, they're only for outside. But, yeah, like, they're putting murals on, you know, you see a big four story beautiful mural. Those murals are like 75 grand. Or they're.

They're giving us money to put murals on the buildings and things, just make it look fun and trendy, and there's just a lot of money. And I love that Trump did do that, because it's in the whole country.

Clint Harris:

One of the markets that we're in, we have two properties that are qualified opportunities, and one's in Gastonia, North Carolina, and one's in Macon, Georgia. And in Macon, we bought an old. It's called Piggly Wiggly. It's the branded grocery store in the southeast. We bought old Piggly Wiggly.

Grocery store and converted it. Vacant building, hole in the roof, homeless people living inside of it.

We bought it for 850 grand, putting 3.2 million into it, and stabilized valuation is 13.4 million. But we bought that property because it has opportunity for all of that gain to be tax free.

If the money that went in was a capital gain at the end of ten years, and there's a $44 million revitalization program going in just down the street a mile away, a 10,000 person music amphitheater, outdoor shopping and eatery. And it's all because people liquidated other projects.

They took those capital gains and they poured it into these smaller communities or dilapidated communities that really needed the help.

So I thought that was one of the ways that they moved money into these communities in a meaningful way, that they made people stick around for ten years. I love that because you guys are in that community and you're going to be there for a decade.

You're obviously the best thing that has happened to that little downtown in a very long time. And to be able to be there, put roots in and care about your projects, I think that's great.

It does incentivize people sometimes to liquidate at ten years when you get a property like that, a lot of times you want that to be a part of your portfolio for a very long time, to create some of that passive wealth. But at the same time, when that ten year mark rolls around, you start looking at those dollar signs and realizing there's no taxes on that.

It might be time to go look for greener pastures. But you're right, it's created a lot of pockets.

Dwan Bent-Twyford:

Yeah, well, we finished this little town, or we're done with everything that we've got.

I think I'll probably do it again, like find another town nearby, because this is along the Mississippi river and there's all kinds of towns all along that were just like, had, you know, the Sears and the JCPenney, and they had all the stuff and everybody went and they were packed all the time. There's a lot of them that just are, you know, the big companies left, like, you know, you guys buy, like, the game marks and stuff.

They laugh like, this town had a JC Penney, which is one of the buildings that we bought, and it's a giant two story JC Penney. We paid $28,000 for the building and I got 20,000.

Now, we put an antique hall in there and we've got 100 vendors and people coming in and shopping, shopping, shopping. And I like this new sort of thing. But it's also in neighborhoods too.

Like there are pockets of all cities where there's like two or three blocks in the neighborhood of single family homes. And if you buy those and maybe on this side of the street, is that opportunities are over there.

It's not because they want to fix up like some of the crack houses and fix them up and stuff. So I've got my kids buying those and so far we have purchased over 78 buildings just in this town.

And the values, we're about ready to price ourselves out.

Clint Harris:

You are your own compensation.

Dwan Bent-Twyford:

Oh, I was like, all right, we are our own comps. We're gonna have to like move over to the next little town because everything's getting pricey over here.

But you know, people don't realize the opportunity zones are not all commercial. They're in neighborhoods. And if you're looking to buy rentals or even multi use or buildings or anything, a lot of them are in the zones.

They just want to bring up the neighborhood.

Neil Henderson:

Well, that's such a great example of how local real estate is. Most real estate investors who've been doing this for a few years right now are all whining about, oh, there's no deals to find.

All the hot markets that I used to invest in are all, I'm priced out of those markets and they make no sense anymore. And here you've got these people that are investing in small town Iowa and you're killing it.

And it's just a reminder that anytime goes, oh, real estate's overpriced now. You can't get any good deals right now. Where are you talking about?

Like if you're talking about downtown Charlotte, North Carolina, yeah, you probably missed the train there. We talked to somebody the other night that was doing stuff in Toronto. In Toronto that was doing fantastic. And here you are.

And I'm not going to say the name Iowa because it's got bad connotations.

Clint Harris:

That's my name.

Neil Henderson:

But you've now kind of, you sort of rode that train now and you're now you're having to look for maybe other opportunities. Is that correct?

Dwan Bent-Twyford:

Yeah, I mean, they're everywhere. We are based out of Denver, Colorado. We live up in the mountains outside Denver.

a really small, there's like:

And so a lot of people that are in Colorado, I'm like, listen, go invest money in Pueblo, like, the whole thing's an opportunity zone. Everything is cheap. There's vacant buildings everywhere. There's so much to do.

And even in downtown, like in Denver, in the city, all around Denver, there's opportunities almost everywhere for residential and multi use. And. And. And they're just everywhere. But I don't think a lot of people know that.

They can just google that and google your state or your city or area, and you can find ten blocks that are not and two blocks that are and ten blocks that are not. And over here is like a half a block. And all those areas have all kinds of money, all kinds of grants, all kinds of things they'll just give to you.

It's like, why not invest in places like that?

Clint Harris:year hold, and it started in:

And there's still some trepidation as to how it's going to look on the back end.

But the reality is, if you wait for that, you've already missed the bus and it's the people that are taking action upfront that are going to have access to that.

I love that you're freely sharing a lot of the information about what you're doing, and I'm not surprised because I also know that you do a lot of coaching. You've written a lot. You do.

You're an author as well, so talk to us about the type of coaching that you offer, how you got into that, and what are some of the most important things that you want to share with people that might be looking for something like that.

Dwan Bent-Twyford:

So when I work with people, I guess it's kind of like the homeowners. I want to help the people that are in foreclosure because I was that person.

And with the coaching, I like to work with new investors because I was also a new investor. You got to remember, like, when I started, there were no RIA groups, there was no meetup. Like this stuff just didn't exist.

And it was really hard to get trained and to get educated. And now with the Internet, there's too many people. There's 80 million people that have a training course, and nobody, like, who do you know where to.

Who to work with, where to start? Like, who can you trust, you know? And so I like to just try to take people that are newer and just get them to think, like, on a bigger scale.

Like, if you want to rehab a few, have a few airbnbs, whatever, but you need to get into bigger things as quick as possible. So I feel like that's where the money's at for things. But some people just want, like, you know, rehabilitance, have a little rental.

They want to retire. They want stuff to potter around on. So I'll help anybody on any level. If that's not the case, is I'm gonna have to send them to you.

Clint Harris:

There you go.

Dwan Bent-Twyford:

But I have not gotten into that, and there's too many great people already doing it. So I was like, I'll just send people your way.

Neil Henderson:

Yeah. Clinton, I.

We talk about this all the time, which is, in order to be successful in real estate, you have a combination of time, experience, and money, and you got to have at least one. If you don't have any money, then you need to leverage your time.

If you don't have any experience, then you to leverage your time to get the experience and money. So oftentimes the people that are coming to you are going to be people who don't have any experience, and they maybe don't have a lot of money.

They're trying to leverage their time in order to build up the experience and build up the money to then, as you say, very quickly move on to bigger things.

Dwan Bent-Twyford:

Yeah, that's true. I mean, when I was rehabbing those first couple houses, I lived in the houses, and I used my home depot credit card.

I lived on credit cards, like, my whole first deal. And then I made $22,000, which doesn't seem like a ton of money today. But 35 years ago, that was an entire year salary.

So I was just like, wow, I got a whole year salary in the bank. Oh, my God, I'm so rich right now. And then I did another rehab and I made 50,000. I was like, all this money. I'm so rich.

You know, because you, like, you're rich. And I did another one. I made, like, 30. I was like, oh, this is it. I'm doing real estate forever. I'm so rich.

But at the time, it seemed like so much money to me, and there are a lot of people that don't have the money, and they need someone to help us. Like, hey, wholesale something. Just find a house alter rehab or make 25 grand.

Put some money in the bank and then, you know, keep educating, keep learning, and keep getting on podcasts and keep, you know, listening and funding. In some way, you'll find something that feels like it's the right thing for you and then that's what you should do.

I mean, there's a million things to do in real estate.

Clint Harris:

Absolutely. And I want to take that coaching question a little bit of a step farther because you and I had the pleasure of chatting before Neil joined us.

I want you to tell us a little bit about your strategy for the way that you've coached your kids and some of the things that Neil's got a young son, I've got two young boys.

In terms of some of the lessons you're trying to impart and the things that you've done, basically to create obstacles in their way to make life a little bit tougher because there were lessons that they needed to learn along the way. So talk to us about some of the things that you did as they were growing up to push them in the right direction.

Dwan Bent-Twyford:

How old are your kids, you guys?

Clint Harris:

Mine are four and one.

Neil Henderson:

So I've got real little kids, nine going on ten.

Dwan Bent-Twyford:

So when our kids. So, you know, we're little, they're little. But when they got old up, like, we always gave.

So a couple things I read that millionaires do for their kids. Long time ago, I read a book. I couldn't even tell you the name.

Neil Henderson:

Of it, but it's called the Millionaire next door.

Dwan Bent-Twyford:

I read that book, too. I love that. I read that book in my twenties before I ever did a deal. But little stuff is like, we started our kids off with an allowance.

If you're nine, you get $9 a week. If you're ten, you get ten, you know, whatever. And then we gave them opportunities to help us work in houses and work on things and earn money.

And if they wanted to buy a big purchase, they had to save half and we would put up the other half. But every thing the kids did, I didn't give them money for anything. They had to earn all their money because I had to as a kid.

And now that I have a gob of it, I'm not just going to give it to the kids because, you know, I don't teach them anything. And so everything that my kids have and then, so what I started doing, they got a little older. And this is a good advice, maybe for you guys.

We paid them to read books. So we had this deal. On the first of the month, I would pick out a book and they were all business books.

Everything was a business book about stocks, real estate, talking, negotiating, neuro linguistic program. All business books. We would pay them. We had a bookshelf, and you could pick these books. They'd read a book, and it was strict.

You had to have it picked out by the first day of the month. And on the last day of the month, you had to write a ten page book report, stand up properly, dress, and give a full book report to the family.

And there was a q and a. We'd ask questions to make sure they read the book. And then we paid them, like, $200 a book.

So my kids in high school, if they wanted to earn money, they had to read a business book through all of high school. And we picked all the books. By the time my kids were like, juniors, people would be like, your kids sound like they're 35 year old adults.

And we made them read books. And then whatever that book was, we quickly discovered they would, like, share the report with the other kid.

So within, like, a month or two, it's like, okay, that book's going in the state till next year.

Clint Harris:

They're gaming the system.

Dwan Bent-Twyford:

Yeah, there's three in them, and they're like, oh, yeah, we'll get around this system real quick.

But we made him read, like, all the things like the think and grow rich and the rich dad books and growing friends and the Tony Robbins books and anything about real estate investing, stock markethouse. And they had to read, and they had to do a book, and they're like, oh, I don't need any money this month, and they want to do one.

And they came up and said, oh, I do need a book. It's like, no. And if they didn't come to pick a book out till the second instead of on the first, they didn't get that month.

They had to be on time, proper report, typed up, written, dress like toastmasters, giving a report to us. And so they read twelve books a year for all four years of high school that were all business books.

And it really changed the way they talk and the way they think. And they sound like when you're talking to them, they sound like they're 50 years old when they were 18. So I helped educate them that way.

And then we had them work on things with us and then showing them like, hey, my son, you want an $8,000 dirt bike, you better make four grand, and I'll give you the other four. And they wanted expensive things, and I was like, I'll get. I'll pay half.

And now they all have rentals, they all have commercial buildings, they all have passive income, and they're all in their thirties and they have all this great stuff going on and then they still travel and, you know, do all their things. And so I don't know, I feel like I did a good job. I'm not just handing it over, making them work and educating them.

Clint Harris:

I feel like you did too, frankly. I'm proud of you. Good job. It gives me a lot of good things to work. I'm constantly looking for things.

Like, that's the most important role that I have. So I've started like, my youngest son, he's four.

We have honeybees and he's taken care of the bees for the last year and then bottled the honey and he sold the honey and made, you know, 10% goes to church, 10% goes to saving. And the rest of it is getting reinvested to buying more beehives and, like, the idea of scale, you know, at first it took a lot of explaining.

If you want to go blow it on buying toys, we would blow it on buying toys. But the reality is, like, there's a lesson there too.

And when you circle back and that toys not popular anymore, a month later, there's another conversation to be had. Right. So it's always about these little things that you can try to do to nudge them in the right direction. I think you took it to another level.

I'm glad I asked that question.

Dwan Bent-Twyford:

Yes. I mean, there's not any business book, any big buck, and, you know, some of them are 300 pages. So, I mean, they're big books.

And you got a month to read it, report and do that. And if we ever had company, like, I remember my daughter had to do a book report. It was due Christmas. We had like 30 people at our house.

I was like, book report to do today? She understand in front of everyone and they can't do on off. Like, I hit a little bait and thing, like toastmasters, and then she was a wreck.

And everybody's asking questions and she's great, and they all did great. But you know, my grandkids, I have four grandkids out. When they turn five, we buy them a candy machine.

They have candy machines around town and they have to take care of it, clean it, take the candy out, put new candy in. They have to use all the cores and they have to buy candy. They have to keep their machines full.

And when they come to town, the first thing they do, I want to go check on my assets. I want to go look at my investments? And they grab their little keys, their little blue money bag, and they run down on their candy machine.

And my one granddaughter put in some super cheap candy one time. Next time she came back, the machine was full, said, you got bad inventory, man. Nobody wants that candy. You gotta put in some good stuff.

So I spent money. So I don't care what you spent. You don't spend enough.

So she dumped all this candy out, put in like, m and m's or something, and it was empty in like two weeks. They even understand, like, you got to have quality inventory or your machines are full when you come back the next time in town.

So even my little grandkids have candy machines. My one has a little horse that you ride, like at the outside of Walmart. She has a horse, and my little grandson has a little claw machine.

Neil Henderson:

Love it.

Dwan Bent-Twyford:

They come in town, grab their keys, let's go look at my machines. And they fill them up and they pay for everything.

Clint Harris:

That's so cool.

Dwan Bent-Twyford:

So I thought, well, we'll teach the grandkids, too.

Neil Henderson:

So, Duan, you've played this amazing, long real life game of monopoly, going from wholesaling to buying single family homes to buying duplexes, triplexes, four plexes, larger, multifamily, not office buildings. What's next? What scares you next that you want to tackle?

Dwan Bent-Twyford:

It's funny cause I don't really know, because when we're done with this whole downtown, I feel like I want to find another little town. I don't know. It's really fun. It's something that never.

If someone said to me a year ago, oh, yeah, you and your husband are like, buy most of this downtown and rehab the town and be like, I don't think so. Like, who just buys town? That's not even, like, in a conversation I've ever had with a person. Now I'm like, you know, I think I'm gonna do it again.

So I know I'm gonna look around, gonna find something cute. I think I'm gonna do another little town. They're super fun. This is like the most fun I've ever had.

Neil Henderson:

That's great stuff. Listen, Dwan, you host the most wonderful real estate podcast ever.

If any of our listeners want to check you out and find out more, what more of what you're all about, is that the best place for them to go?

Dwan Bent-Twyford:

Sure. They can go to my website. It's just dwanderful.com. so I told Clan I took my name, Duan and wonderful and I made a word.

So this is the world of dwanderful. So people can go to my website, and I've got free ebooks and, you know, training webinars.

People can watch, just, you know, lots of information from people. At least take the first step. So I just really encourage people, like, no matter where you are in your life, just take the first step.

You know, once you take the first step, then you take the second step, and then you meet more people, listen to more shows like yours, like mine. I see now people are kicking butt, taking names and making money, and they're not in there, you know, working all day and all night.

I us in the butt for things. Get passive as quickly as you can.

Neil Henderson:

100%.

Clint Harris:

Couldn't agree more.

Dwan Bent-Twyford:

Yep, as quickly as you can.

Neil Henderson:

Well, listen, Duan, this has been great. Thank you very much for sharing your knowledge and your time.

Clint Harris:

Yeah, thanks so much.

Dwan Bent-Twyford:

I appreciate you having me on today.

Clint Harris:

Yeah, absolutely. That was a lot of fun. Thanks for those lessons. There's a lot of things I'm going to take home and have conversation with my wife about.

Dwan Bent-Twyford:

So I think we texted you guys a couple years ago, hey, what are your kids reading? And one of those books better be mine. I've got three bestsellers, so one of them better be my book.

Clint Harris:

I'll put it on the shelf.

Neil Henderson:

Deal.

Clint Harris:

It sounds like a stocking stuffer. Thank you, Duan. We really appreciate your time. Thank you so much.

Dwan Bent-Twyford:

All right, thanks, guys. Bye, everyone.

Neil Henderson:

Thank you so much for listening and watching the truly passive income podcast.

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And remember, with truly passive income comes freedom of time, place, and the freedom to pursue your higher purpose.