764: Making $200K/Year in JUST 3 Years with This High-Cash Flow Strategy w/Brittany Swait
BiggerPockets Real Estate Podcast - Podcast autorstwa BiggerPockets
For real estate investors, passive income is almost always the goal. You may be making good money at your job, but the long days, longer nights, lack of sleep, and limited time off is probably leaving you feeling fatigued. This is exactly how Brittany Swait felt after a severe diagnosis put her life in danger. She was working harder than ever, but the time with her family was slowly slipping away. That was until she started investing. Brittany was able to build a fifty-nine-unit rental property portfolio in just three years. These properties bring in a staggering $200,000 per year passive paycheck, allowing Brittany to focus on her family, not take tasks from a boss. But this portfolio wasn’t easy to build, even though it happened quickly. Brittany had to learn the BRRRR method, take considerable risks (like draining her retirement accounts), and put herself in an entirely new position. Now, just a few years later, Brittany is building her rental property portfolio at a fast pace, but she loves every minute of it. In this episode, she’ll walk through the exact strategy she uses to make such high cash flow, her five tips for remodeling and renovating that will save you TONS of time, and how she’s been able to pull her cash out of the deals she’s doing. If you want to scale your real estate portfolio, Brittany is the person to listen to. In This Episode We Cover: The one skill that allowed Brittany to scale from zero to fifty-nine rentals in three years Medium-term rental investing and how to triple your rent with one strategic move Using Facebook to find off-market deals and the one factor that matters MUCH more than you’d think How to estimate rehab costs and five tips you MUST follow when doing a renovation BRRRRing in 2023 and how to get around the one-year seasoning requirement for a cash-out refinance Being more than your job and how to build a life that YOU are in control of And So Much More! Links from the Show Find an Agent Find a Lender BiggerPockets Youtube Channel BiggerPockets Forums BiggerPockets Pro Membership BiggerPockets Bookstore BiggerPockets Bootcamps BiggerPockets Podcast BiggerPockets Merch BPCON2023 Listen to All Your Favorite BiggerPockets Podcasts in One Place Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts Get More Deals Done with The BiggerPockets Investing Tools Find a BiggerPockets Real Estate Meetup in Your Area David's BiggerPockets Profile David's Instagram David’s YouTube Channel Work with David Rob's BiggerPockets Profile Rob's Instagram Rob's TikTok Rob's Twitter Rob's YouTube Hear Our Episode with Rick Morin on Making $300K/Year with 11 Rental Properties Medium-Term Rentals: How to Get BIG Cash Flow Out of Small Properties Book Mentioned in the Show: BRRRR by David Greene Connect with Brittany: Brittany's Instagram Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-764 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices