Episode #527
Episode Show Notes:
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Do you want to get into real estate but fear youâre too late to the party? This middle-aged, middle-class couple thought so, too. Instead, they discovered a strategy that helped them fast-track their financial goals, bringing them to six rental properties and over $75,000 in annual cash flow!
Welcome back to the âReal Estate Rookieâ podcast! Brianne and Doug Hamilton didnât want to rely on their W2 jobs for their financial security, so like many, they turned to real estate investing. In just a few years, they have scaled to six properties and built two real estate businesses. Theyâre on the path to financial independence, even though they started in their late 30s. If they can do it, YOU can, too!
As youâre about to hear, Brianne and Doug have done it all. Theyâve launched vacation rentals. Theyâve bought properties with other peopleâs money (OPM). Theyâve even cohosted and managed properties for other investors. But their secret to snowballing one rental property into six? The BRRRR method (buy, rehab, rent, refinance, repeat). Stick around to learn more about this strategy and copy the Hamiltonsâ success, no matter what stage of life youâre in!
00:00 Intro
00:45 Why Real Estate Investing?
03:36 Buying the First Property
08:52 âDiversifyingâ with Vacation Rentals
16:31 Using Other Peopleâs Money
22:08 How to Increase Bookings
31:10 Brianne & Dougâs Portfolio
34:35 Connect with Brianne & Doug!