I went all in on real estate... NO turning back!
youtu.be
The video discusses the speaker's rental portfolio and how it has grown from 13 million to 25 million in the past seven months, without using any of their own money. They attribute this growth to compounding cash flowing assets, with properties increasing in value and tenants paying down the mortgage. The speaker notes that a single-family rental contributed 10 million dollars to the growth. They emphasize the importance of buying quality assets at a discount and leveraging debt to buy assets that produce cash and grow in value.
The speaker has added 10 million dollars in new assets to their rental portfolio over the past seven months, using the BRRRR method to buy these properties without using any of their own money. They also own three storage facilities, with one undergoing a total rebuild to increase income and asset value. The speaker emphasizes the importance of buying quality assets at a discount and notes that they will have future videos on how they structure apartment complex and storage facility deals without using their own money.
The speaker discusses their recent acquisition of a turnkey property in Moscow Mills, Missouri, which has 66 units and external storage for boats and RVs. They purchased the property using owner financing and have added about half a million dollars in value to their portfolio. The speaker emphasizes the importance of leveraging debt and using other people's money to buy assets that produce cash and grow in value.
Overall, the speaker emphasizes the importance of time in the market and proper leverage to create wealth through real estate. They note that real estate is a great way to create wealth and that it's easier than starting a huge business. The speaker also mentions that they paid off three houses worth about 500k to hedge some of their risk and provide flexibility for future growth.
The video discusses the speaker's rental portfolio and how it has grown from 13 million to 25 millio