A lot of folks ask me how I was able to do 10 deals in 10 months, or how I bought 15 properties in 3 years. Well, I'm going to walk you through how you can do it too - step by step (at a high-level). It is possible. It can be done using the Rosehart Real Estate Snowball (because hey Canadians Love snow). I've done it, I know others who have done it, and you can do it too!
Introduction to the BRRRR Method:
• BRRRR Method: Cash Out...
Follow-up whiteboard version of this video here: • HOW to Buy 10 properti...
#brrrr #realestate #rosehartsnowball
Anyone Can go from 0 to 10 Rental Properties in under 3 years with the Rosehart Real Estate Snowball. That's right, 10+ properties in less than 3 years! You can do it, anyone can do it, I did it. Anyone can become a millionaire and retire early in less than 5 years with the Rosehart Real Estate Snowball!
Key success factors you must possess to best execute this strategy:
1) Get a full-time day job making an average salary of approximately $50,000 CND.
2) Become obsessed with Frugality & high savings rates. Save what you earn!
3) Deal Hunt like a Pro. Money is made on the buy-side with real-estate.
4) Learn to Renovate & Manage contractors. Ideally renovate below market value.
5) Refinance to ARV (After Renovated Value).
*Repeat (Buy another of the same type of properties - REPEAT) until desired number of properties is reached or desired monthly cash-flow from rental hacking is achieved.
Also, check out my blog www.25andfree.com for more real-estate and personal finance articles!
This video is linked to my website here: www.25andfree.c...
Please like, subscribe, & share if you enjoyed this content.
Mike Rosehart Business & Coaching Inquires: 25andfree25@gmail.com.
If you want to speak with me on the phone or over skype for 1 on 1 coaching calls, I have decided to make myself available on a limited basis (so long as it doesn’t infringe on my retirement & freedom). Given the availability in my calendar is limited I have to charge $99/hour to ensure I don’t get swamped with requests. That said, most of what you need to know is out there on RU-vid and in my videos. I look forward to hearing you from you.
How to Contact me:
My Blog: www.25andfree.com/
Facebook: / mike.rosehart
Instagram: / mikerosehart
Twitter: / mikerosehart
SUBSCRIBE: / @mikerosehart
Bigger Pockets: www.biggerpock...
Michael Rosehart is a 25 year old early retired, self-made millionaire, with a young family, who unlocked financial independence at the age of 24 through Real Estate investing and extreme frugality. He bought his first property at the age of 19 (in 2012), while still in university studying business finance, and scaled up to build a 15 property portfolio in 2017 that cash-flowed over $12,000/month (net) in London, Ontario, Canada (The FIRE Mecca). Mike is obsessed with all things personal finance. He created this channel to share what worked for him, what didn't, and to help educate others on all things financial independence (FI), real estate, and managing it all with a young family. Subscribe to follow Mike on his journey to help others unlock financial independence by creating passive income streams!
~-~~-~~~-~~-~
Please watch: "STOP Overpaying for Real Estate: Invest in Market Inefficiencies"
• How to Buy Real Estate...
~-~~-~~~-~~-~
17 сен 2024