Mike Newton's 'Slow BRRRR' Real Estate Strategy

Mike Newton, a Washington State Trooper, transformed a thousand dollars into a path to early retirement through real estate. Starting in 2018 with a duplex near Seattle, he now owns twenty-six rental units, primarily in Gary, Indiana. Newton employs a mix of financing methods, including traditional mortgages and seller financing. Hes also developed a unique twist on the BRRRR strategy, called the slow BRRRR, which involves private lenders and extended loan terms, reducing stress and risk.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.