I Bought My First Rental in 2021, Now I Have 19 & Replaced My W2! | Bigger Pockets Video
Episode #1108
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This high school football coach grew a real estate side hustle over the past four years that now replaces his W2 income. He did it making a median salary, all while working his full-time job and raising his family. He didn’t use flashy methods, risky strategies, or constant cold calling. Starting with around $30,000, Lamontis Gardner went from zero to 19 rental units in just four years and is STILL growing!
After pandemic lockdowns left Lamontis with extra time and little work, he knew he needed to stop solely relying on his W2 income to fuel his life. Of course, "Rich Dad Poor Dad" found its way into his hands, and the real estate bug began. From there, Lamontis turned a lost deal into an opportunity to buy three duplexes from one owner. The problem? He only had a third of the money. It was time to partner up!
After a home run first real estate deal that gave him a six-figure equity upside, Lamontis knew this was the path for him. Since then, he’s been buying rentals, flipping houses, and doing whatever he can to reinvest in real estate, all while working his W2 job. Now, he’s replaced his W2 income but is STILL growing his portfolio even in 2025’s high-rate, “tough” housing market. Want to do the same? Copy Lamontis’s strategy!
00:00 Intro
01:08 Tired of Relying on Your W2?
02:39 First Deal (3 Duplexes!)
07:17 $70K Profit on FIRST Flip!
11:21 Funding His Deals
16:00 Lamontis’s Portfolio
17:59 Best Deal EVER (in 2024!)
20:18 Flipping vs. Renting
25:02 Scaling Smarter
