How to Build a $200K/Year Passive Income Stream in JUST 3 Years

Подписаться 1,2 млн

Просмотров 287 тыс.

50% 1

For real estate investors, passive income is almost always the goal. You may be making good money at your job, but the long days, longer nights, lack of sleep, and limited time off is probably leaving you feeling fatigued. This is exactly how Brittany Swait felt after a severe diagnosis put her life in danger. She was working harder than ever, but the time with her family was slowly slipping away. That was until she started investing.
Brittany was able to build a fifty-nine-unit rental property portfolio in just three years. These properties bring in a staggering $200,000 per year passive paycheck, allowing Brittany to focus on her family, not take tasks from a boss. But this portfolio wasn’t easy to build, even though it happened quickly. Brittany had to learn the BRRRR method, take considerable risks (like draining her retirement accounts), and put herself in an entirely new position.
Now, just a few years later, Brittany is building her rental property portfolio at a fast pace, but she loves every minute of it. In this episode, she’ll walk through the exact strategy she uses to make such high cash flow, her five tips for remodeling and renovating that will save you TONS of time, and how she’s been able to pull her cash out of the deals she’s doing. If you want to scale your real estate portfolio, Brittany is the person to listen to.
~~~~
Join BiggerPockets for FREE 👇
www.biggerpockets.com/signup?...
~~~~
Expand Your Investing Knowledge With the BiggerPockets Books:
store.biggerpockets.com/?utm_...
~~~~
Find an Investor-Friendly Agent in Your Area:
biggerpockets.com/agentmatch
~~~~
Grab The “BRRRR” Book:
store.biggerpockets.com/produ...
~~~~
Hear Our Episode with Rick Morin on Making $300K/Year with 11 Rental Properties:
www.biggerpockets.com/blog/re...
~~~~
Medium-Term Rentals: How to Get BIG Cash Flow Out of Small Properties:
www.biggerpockets.com/blog/re...
~~~~
Connect with Brittany:
Instagram: @destined_to_wealth or / destined_to_wealth
~~~~
Connect with Rob (Robuilt):
BiggerPockets: www.biggerpockets.com/users/r...
Instagram: / robuilt
TikTok: / robuilto
Twitter: / robuiltchannel
RU-vid: / robuilt
~~~~
Connect with David and Rob on BiggerPockets:
David: www.biggerpockets.com/users/d...
Rob: www.biggerpockets.com/users/r...
~~~~
Follow David and BiggerPockets on Instagram:
@davidgreene24 or / davidgreene24
@biggerpockets or / biggerpockets
Episode #764
Show notes at: www.biggerpockets.com/blog/re...
00:00 Intro
01:59 Quick Tip
02:25 Taking a Step Back After a Serious Diagnosis
09:30 Getting The First Deal Done
16:32 59 Rentals in 3 Years!
21:38 Finding Your Fire (and Medium-Term Rentals!)
30:16 Where to Find Medium-Term Rental Tenants
33:21 5 Pro Tips for Rehabbing a Property
45:56 Getting Money Out of the Deal
48:30 Brittany's Current Portfolio
54:48 Connect with Brittany!

Опубликовано:

5 авг 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 288

@nicholasnovak4 Год назад

I don't have 5 million in real estate but I already don't have to set my alarm if I don't want to most days lol. Congrats to her and her husband who it sounds like she could not have done this without do to him continuing to work and being able to reinvest all the cash flow, not to mention using his 401k. This really is a testament to how much you can do with a supportive spouse.

@chadwards. Год назад

Her idea of acquiring properties by hospitals and most likely targeting the traveling medical field is perfect for short-medium term rentals. From my experience, tenants that work in this space have always seemed to be much more mindful of my property and have always kept good communication with me about any issues that arise. Another thing that has helped me tremendously with occupying my properties is offering deals for returning guests and for referrals. it gives a sense of comfort having recommended guests stay and the greatest part is that it’s all done organically by word of mouth .

@Jepi369 Год назад

Come on be honest how can you apply acquiring properties without putting 30% down

@kamalbarrami2975 Год назад

👍

@chiefkeef8902 Год назад

@@Jepi369 gotta spend money to make money

@Jepi369 Год назад

@@chiefkeef8902 which she clearly did not explain or purposefully hide , how she put 30% down For 110 Units

@robertglenn6292 Год назад

@@Jepi369she kinda did though. Cashed in 401k and HELOC to acquire a cheap property worth 150k ARV. Combination of BRRR and Flips after

@javiergaona215 Год назад

I know this goes without saying, but David is a very wise man and really inspirational too. Thank you Rob and David for all the content you put in day in and out. I haven’t invested in a single property but I diligently watch all your videos and I will be getting ready to do my first purchase.

@GodzillaBorland Год назад

IRA - Took out funds from an IRA to buy a small rental in Stone Mountain, GA and sold it for 4x return. Haven’t managed to build a rental portfolio since then. Congratulations on your growth. Where do you find loans for these rental purchases?

@crystalrieser2031 Год назад

Love the Shmeedium concept! I relate to this story so well, as im also in PM and have learned a ton from being in the industry. Although, it was only after learning from BP that this real estate thing is so much more attainable than i ever thought, ... if you're willing to work hard in the beginning. We are almost finished with our 1st rehab and getting ready to get our appraisal soon! 🤞🤠

@eddiemalvin Год назад

Great content and congratulations on your success! Sorry if I missed this in the interview... How much all-in time do you spend running your real estate business (managing the 59 units, researching new properties, etc)?

@mhjg83 Год назад

Call me crazy but I've watched this video over and over again! Game on baby!! Thanks for the tips, for the advice! Incredible story! Hard work pays off! I love this channel

@TerryCollinsP31Lifestyle Год назад

Yes. Just closed on a house that sold for $125,000 5 years ago and sold for $250,000

@vaughanmoody Год назад

That was amazing. Massive kudos to Brittany! Great interview. Impressive stuff!

@mytuberforyou 11 месяцев назад

When the interviewee says "So my husband started another company, a new company, so we just had ALL OF THIS EXTRA INCOME" then I think most viewers will just be like WTF, this is not MY situation.

@annd1411 4 месяца назад

💯

@user-xe7wc4nb3f Месяц назад

Right! She was already rich to begin with. She was a stay at home mom. The avg woman has to work. Her strategy was to marry a high earning guy and use his capital to buy assets, which she happened upon by way of a very lucky string of events which could have only happened for an already rich person. Remove her relative randomly, asking her to work for them because she doesn't actually work and a doctor selling her a house for 50% off to start her portfolio never happens. They should have been interviewing her husband.

@stevend481 24 дня назад

@user-xe7wc4nb3f how was she rich to begin with?? What a b.s. statement. They had to deplete their 401k and savings to buy a 80k house. Doesn't sound rich to me. Being a stay at home mom means you're rich?? Lol what?? They live in Oklahoma. He probably makes 75k a year. What a judgemental comment. She is clearly the brains behind it all. Why would they interview the husband?? A lot of bad assumptions on your part

@user-xe7wc4nb3f 24 дня назад

@stevend481 you read too many fairytales my friend. The fact remains her husband, whether for her area or in general was a high income earner. That's they only way any of what she detailed could ever have transpired. Her skill is she was pretty enough to acquire the right guy. I imagine the vast majority of people watching this are men and the vast majority of us will never be in her starting situation. (74% of women won't either.) It's more likely that we would be the husband supporting our family. She should be on a dating channel talking to women about the value of choosing a great man and how he can change your life.

@elevatedlife3884 12 дней назад

Her strategy/methodology is still valuable to pull insight from.

@BLoveMOA Год назад

I’ve almost completely dropped Airbnb as a platform. Furnished Finder is on game!

@SD-co9xe Год назад

There are loads of listings in my area but no reviews.

@janedawson1398 4 дня назад

I’ve used furnished finder for my rental and it was fruitless.

@sazee2565 Год назад

Brittany your insights gave me such great grasps of starting. As a mother, I agree that work was always more predetermined and measurable than parenting. Thank you for sharing. I wish you an easier fight in your health. Take care!

@TerryCollinsP31Lifestyle Год назад

Yes. That’s more realistic: $5,000-$7,000 to furnish a short term rental

@getinthespace7715 Год назад

I am an engineer, used to work construction in high-school and college. I'm saving to start building single family rentals. We are moving for my wife's work, she just graduated with her M.S. RN. The market we are moving to is INSANE. Crazy strong seasonal rental market. $60k+/season. I already priced out building homes for $200k that would sell for over $500k. A $200k investment gets a seasonal cash flow of $50k assuming we save $10k for maintenance, etc. If we could get traveling nurses to stay in them during the off season or do medium term rentals it could bring in another $15k. By avoiding debt, especially with high interest rates now, I eliminate the bank taking their cut and maximize the cash flow/profit for each house. I can do with 4 properties what she is discussing accomplishing with 59 properties. WAY easier to manage 4 properties vs 60. Granted they will be amassing equity extremely fast with so many properties as long as the market doesn't tank. I can't imagine risking possibly being upside-down on so many mortgages. I hope they have MASSIVE cash reserves just in case SHTF.

@carloscordon82 11 месяцев назад

Exactly! Margins are scary.

@vasilyokless Год назад

Thank you for such a wonderful interview and the conversation overall! On a side note, I'm in CA and wonder if you have an advise specific to the current--2023--California real estate investment market. With many new laws in place, it really brings a question if it worth starting RE investments journey in this state... Thank you!

@TerryCollinsP31Lifestyle Год назад

I haven’t set an alarm for 30 years. It’s just as AWESOME as you think it would be. 🎯

@brittanyswait Год назад

I can’t wait!!

@TheBooniverse Год назад

@Brittany Swait, You are a champion and our hero! Amazing story, strength, and persistence! Kudos, and thank you! :boon

@brittanyswait Год назад

Thank you so much!! 😁

@shawnconrad705 6 месяцев назад

Hey guys! Great episode. What is the episode you guys mentioned about goal setting. I haven’t watched that one

@G-man25 Год назад

The parts when Brittany and Rob talked about nice things when you remodel are so overloocked! 90% of the investor and 99% of flippers just throw cheap stuff and ask top dollars! Disgusting behaviors. Thank you guys for a good episode.

@brittanyswait Год назад

Thanks so much! It's easier to sleep at night when you do things the right way :)

@bandcmusicadventuresports3885 Год назад

Such an awesome video! I totally relate to you Britany and your experience with cancer. It's life changing. So happy for you! I wanted to ask if the cost to furnish a house for mid term rental is tax deductible, in your experience?

@tommyboy7427 Год назад

It is tax deductible. I furnish my long term rentals and I’ve deducted every piece of furnishing.

@bandcmusicadventuresports3885 Год назад

@@tommyboy7427 thank you so much! How do you convince your tax professional to do that? Ours wouldn't do it

@TJ-th9hw Год назад

What a competitor/Fighter! I learn from family members who works in the medical field that a patient’s attitude when receiving a diagnosis such as cancer is paramount to beat the odds. I’m happy for her and using the situation as a motivator is command-able. Best wishes to Brittney as she continues to crush her goals. I love the goal of having “no alarm clock”. David and Rob thanks for her on the show to share her story with the BP community.

@kimberiysmarketstrategy Год назад

Do you see that someone does ok if they’re like, it’s ok I had a long life but I’m not doing chemo! Or I hate doctors but I’m going to live life to the fullest.

@brittanyswait Год назад

Thank you so much! It was truly a life changing experience & I'm thankful I was able to come out better on the other side. I've heard from others that your attitude when you get devastating news really can help or hurt you, too!

@antoniolara1467 Год назад

Hi this was amazing , so would you say someone stating to invest should start with a BRRR Single family house or duplex or four plex , appreciate the advice.

@brittanyswait Год назад

I typically tell people if they can house hack their first investment by using an FHA loan and getting a 4 plex that's the best route (considering the numbers work of course). If we had that option available to us we would have definitely done that for our first investment!

@Carol-jv8ic Год назад

Would love to hear what specific granite product is used? I had thought that quartz rather than granite was becoming essential, but I like the durability of granite, if there is a line that is acceptable to renters. Thanks!

@brittanyswait Год назад

I would actually love to use quartz instead because there is 0 maintenance on them! We just haven’t found a supplier that fits our budgets yet.

@naureenkhashwji8039 Год назад

Every time I’m furnishing a home I always remember Rob’s “Buy nice not thrice” 😊

@EddieP2001 Год назад

Where do you buy nice items at? Would like to show i have some style in my own property?😊

@luistovar2494 Год назад

Brilliant !!! Well done. You guys are inspiration

@brittanyswait Год назад

Thank you!

@carlkingsbury8782 Год назад

Loved this episode , and loved Brittney very inspiring

@jonb3189 Год назад

This story doesn't make any sense. She claims $200,000 per year/cash flow in three years. How is cash flow here defined? She admitted to using banks and credit unions to get the mortgages. Even at the former 3.5% to 4%, mortgages must be paid. Is she including these mortgage payments in cash flow? Is she including any of PITI? For me, just purchased a unit and with the 7% interest rates and now losing $400/month. The only reason I can justify its purchase is that I have another house that is fully paid for (I got that unit back in 2012) and with that cash flow of $1400/month, I am paying the $400 month loss and counting on the interest rates falling eventually, after doing a refinance. Of course, I am also counting on rent increases. With only 5.5 million in R/E, how much of it is paid off and how much does the bank own? There is something very strange about these numbers. These numbers don't happen in only three years.

@brittanyswait Год назад

Yes $200k a year is after deducting mortgage payments, taxes, insurance, vacancy, CapEx and maintenance. We would never purchase a property we would lose money on so that’s probably where the confusion is here 😃

@mikasholisticnook6015 3 месяца назад

Hello, So I would have a few questions if I may? Since you had no money how were you able to secure loans for investing in properties? What process did you use? Since no money in first year for a 80k property? Than you

@ktube2020 9 месяцев назад

My wife and I, both in our 40s, married 14 years, 2 kids, only make 155K a year combined together. Only debt is the mortgage. We wouldn't know what to do with $400K a year. I'd like to see these people live on what we do. what could I do with this money to bring in more revenue for to cater for the kids?

@babycakes8434 Год назад

What area are you investing in? Where I live houses start at $300K. I don't understand the part where you estimate the value of repairs. What final number you need for it to be worth or not to purchase?

@Paragon_Reason Год назад

What do you do if someone trashes your property. How do you reclaim that loss?

@rb7454 Год назад

Where can I go to learn how to get started in BRRR? Are there courses? Books?

@RyanPinedaMoments Год назад

I need to follow some of these steps. Great information!

@mrohde2067 Год назад

your honesty is very refreshing Brittany and I hope you're in great health now! Beautiful interview ALL! Thank you for the valuable information :)

@brittanyswait Год назад

Thank you so much, Marianne! 3 1/2 years in remission & feeling better than ever!

@wagnertheitalianflipper9047 Год назад

Ok so she bought a 80k property, the did a helock witch the interest varies, than they used all there 401k witch you pay a penalty, and they threw in all there savings my question is how much did that property generate?

@Zudjy Год назад

Amazing content as always!

@SWCCfreak 8 месяцев назад

Robs "buy nice not thrice" is basically what we in the firearms world say when people ask us about attachments and training. I always say "buy once cry once" spend more for better quality, may hurt the wallet more than a cheaper alternative, but you get what you pay for usually. I love that saying. I apply it to most of what I do now.

@anonymouscrank 9 месяцев назад

Great guest! She's an intelligent investor with a well-thought-out philosophy behind all her investment decisions.

@bdlugo1085 Год назад

Where can you find medium rental rates?

@stefanimokris9399 Год назад

This was very inspirational! Thank you!

@brittanyswait Год назад

Thank you, Stefani!

@AndresDCRealtor Год назад

Your risk of investing your 401K funds into real estate was brilliant!!

@brittanyswait Год назад

Thank you! It definitely paid off!! 😁

@vaneese85 6 месяцев назад

@@brittanyswait hi brittany. When you cashed out your 401k , were you penalized since you are not at retirement age? Did they charge you a 10% penalty or did you do a 401k loan and repaid it as you go along?

@Ghosted760 Год назад

Very interesting, thank you.

@ongaga9 10 месяцев назад

OMG, she is GORGEOUS! Love her!

@stillhopeful7048 Год назад

She said she buys 1 or 2 bedroom for mid-term. But, did not say is it a house, condo, what type of property?? Can you please clarify?

@Nola1176 Год назад

They'll never clarify. Just crap follow up.

@maguayo11 Год назад

This is the best video I have seen. Thank you Britany. I want to wake up when I want to.

@brittanyswait Год назад

Thank you so much!!

@sylviabbz Год назад

So I’m new to this channel. I help hearing people say I “ran the numbers and it made sense”. Where is a good place to start watching this channel from since I’m completely new here and in the real estate space?

@haveyouflossedtoday Год назад

The really old channels with Brandon and Josh, the guy who actually started BP and lived in Colorado. Watching Brandon as a beginner was what really fueled BiggerPockets.

@CindaMurphyRealEstate 5 месяцев назад

I feel like all these amazing stories come from a different time in a different market. It’s like, “Here’s what you missed out on. If only you had started when the market was good. You missed your window. Too bad for you.”

@jeanjuniorjacques9772 Год назад

Bring you goals up girl!

@makethingshappen8427 5 месяцев назад

You should talk about the risks too, it’s not all easy. What about that this is all based on a red hot real estate market, as soon as it cools house evaluations go with it and so goes the value of the assets while your borrowing stay the same.

@kimberlycollier4007 Год назад

Awesome interview 🙌🏻

@dylanbarrett599 Год назад

David can’t help making an analogy on Everything lol great episode!

@TerryCollinsP31Lifestyle Год назад

Yes. Good highlight using $50,000 example

@MichelleBarhamblog Год назад

Another great show ❤🎉

@manuelceja5977 10 месяцев назад

Someone please me with some insight… how can someone buy two properties within one year using the brrr method. I hear you have to rent/refinance until after the year?? What am I missing? Also, for investment properties you need at min 20% down so you would have to bank that your cash out refi comes in higher so that you have enough for down payment.. someone guide me…

@tim4505 Год назад

Notice how David really digs deep with his follow-up questions so that he can probe valuable/actionable insights out of the guests. He could easily just blow through topics but instead he digs deep to get value out of the interviews. I love it!!

@Jepi369 Год назад

What is my actions to you or he paid money for you to post a positive review the bullshit review

@jessicaroman8354 Год назад

Do you think it is wise to sign up for a real estate mentorship program?

@matthewburkholder1076 Год назад

Being low income and not having money but wanting to get into investing I'm thinking I'd rather buy old and cheap, and fix broken things over time. i.e. a few hundred here a few hundred there is easier than paying $180,000 upfront for a newer nicer property

@shelly6897 Год назад

I wish you can remember the book she read that changed her whole mindset and her goals.

@TerryCollinsP31Lifestyle Год назад

Good interview

@Mar-sr5uf Год назад

Question: is portfolio net worth equal to the total value of the portfolio or do I have to subtract the mortgages?

@brittanyswait Год назад

You would subtract what you owe on the properties to get the net worth 😁

@JP-20s Год назад

Brittany, I'm so glad that you're doing good you're an amazing person, love your story is very inspiring,I wish you and your family the best, may God bless you'll 🙌 ❤️ 🙏thank you for sharing. 👍

@killerrush77 Год назад

are you guys on Rumble?

@babycakes8434 Год назад

Is the 5mins location from hospital by foot or by car?

@michaelb.8953 Год назад

The 6:30am alarm clock!!! I'm already pulling into the parking lot at work at that time (said with a big sigh).

@kmartens60 11 месяцев назад

Unfortunately in California, General Building contractors, although they have the experience and knowledge to re-roof a home, cannot legally do so. Has to be a roofing contractor. And in our area, the decks are more costly to replace or repair than a roof! So our 4 "walk-aways" are roofs, decks, septic and HVAC. These are usually the most costly items. Inside is cake!

@shackeeljackson4230 Год назад

Wonderful session

@franlaroche3631 8 месяцев назад

What an inspiring story Brittany ❤

@vpcreationsunlimited Год назад

How can I get more information please?

@garrettelectric 4 месяца назад

To have all these properties, do you need a real estate license or brokerage license? Or are all these independently owned without the need of a real estate license?

@df7817 Год назад

So how did she get her first property

@MargaritaGarcia-sr5dd 10 дней назад

Seems like allot of properties to make $200 cash flow. 4 properties usually gives $100k for a long term rental in CA. What state and city do you buy your properties?

@shobamonteserinnarayana7808 5 месяцев назад

I might have missed it but where did she say her location is for all these rentals?

@christobar 11 месяцев назад

I renovate properties (even for long term rentals) to be of a quality that I would be fine living in with my family.

@mattlewis2110 Год назад

Shmedium…. As a fat man this term gets used a lot when my “clothes shrink” just got my first BRRRR. Looking to rent medium term to skilled workers staying out of town for months at a time. Lots going on in the area. Love all the info! Thank you!

@brittanyswait Год назад

Thank you! Clothes....rentals....we love all things shmedium over here! :)

@Jepi369 Год назад

Only the first rental property what she says makes sense. She bought it for a ticket. Sold it for 150 and then after that, there is so much of information which is left out, purposefully how she managed to. : How go from 1 to 2, 3, to 4 to 150 rentals , that’s the million dollar question, right now the banks need 30% down payment and the numbers not make sense at all. You’re not very profitable at all. This is really bunch of baloney to get RU-vid hits and make money on RU-vid.

@chelseamalone2355 Год назад

I’m a newbie investor. With not great credit. I have yet to put 30% down. And my margin still work. Maybe start searching elsewhere.

@Nola1176 Год назад

Agreed. They always skip over the details. No explanation of how she scaled, where the money come from for each new purchase, how much is she cash flowing???? No one knows. I guess just ho out and buy properties, no money needed and collect rent.

@QuintonHamp 11 месяцев назад

Powering up the BRR with the shmedium rentals is genius.

@brookelambright6727 10 месяцев назад

Damn. My husbands a home inspector and my dad is a contractor and does remodels. Except I can’t invest here because it’s too expensive. I know people but out of state i won’t. I’m kinda at the mercy of a property management company. Any advice should I use them or source my own team?

@ingridhernandez9843 Год назад

Are they buying these properties under LLCs?

@reetaann5050 Год назад

What is the Bur method?

@JerrySmales 11 месяцев назад

Love it!

@gilbertjean-louis4826 Год назад

Amazing 👏 congrats 👏

@brittanyswait Год назад

Thank you!!

@ricebowl3 Год назад

I love you guys already shared with friends haven’t even listened

@brittanyswait Год назад

Thank you!!

@papijelly Год назад

She did not mean survivor she meant competitor. 💪

@brittanyswait Год назад

Yesssss!!!

@scosal7100 5 месяцев назад

Can you please define medium term rentals?

@VM-nv3dn Год назад

Hey guys, I just want to ask....Is it really passive income though? I am not so sure everyone is meant to be a landlord. It isn't as passive as we make it seem even with the property management. Not to mention the $$ that property managers take along with being able to find a good property management company who also works with you to find the most cost effective, quality vendors. I know there'll be a ton of rebuttal on this but I have to make sure the novice investor knows, it's a lot of work and maybe one day it can be passive if you scale but when you're getting started and not big it is tough!

@danwilliams6206 Год назад

None of it is passive.

@caveman9897 Год назад

It’s more passive then working a second job

@deecee2174 Год назад

I would say it isn't passive, but neither are the stocks that you research, the job you work at, or the royalties collected from a product or idea. Personally I like real estate because in cheaper markets with higher cash flows (im in the Canadian Mid West), you need less money to get the cash flow compared to stocks. I'm looking at needing 100k in real estate downpayments ane cash reserves, to cashflow a few thousand a month; compared to 900k in stocks with a 4 or 5% dividend

@davidherrera6885 Год назад

I have some properties that are more passive then others but I don't manage my properties, I pay PMs to do that for me knowing I'm not maximizing my income. The hard part is finding a good property manager but that's what makes it passive for me. I spend 5 minutes a month per door just to go over the numbers when I have a good PM.

@VM-nv3dn Год назад

@@davidherrera6885 that sounds fair. Sounds like you are in it for appreciation more than cash flow - awesome! Finding a good PM is not easy I agree.

@luisdeza2009 Год назад

How is there soooo much cashflow with constantly brrrr’ing out all the equity with these rates ?

@brittanyswait Год назад

Finding the right deal at the right price is the key. If the property wouldn't cash flow with the BRRRR method we would have to decide if we wanted to still purchase it. We have had properties that we left money into them because we knew they would appreciate enough over the next couple of years that we would be able to pull it all back out again. Also remember you aren't married to your loan rates. You can always refinance into a lower rate and cash flow higher once they come down a bit.

@kanakamaoli6508 Год назад

Another awesome interview y’all. As for the fake IG accounts there’s another HUGE giveaway that always lets ME know it’s not really you… because y’all post hella stories every day and the fakes don’t 🤷🏻‍♀️ so it’s a dead giveaway for me without looking too close at the screen name 😇

@Rightopinionhaver Год назад

What a strong lady

@SirenOffspring Год назад

If you get lucky that's a good way to start. I've been looking, brick walls everywhere.

@ttyln439 Год назад

Good part 33:47 (note to self)

@50calpulse76 10 месяцев назад

What does BRRRR system mean

@eksine Год назад

I wish i could learn from her. I do worry she's growing too fast. If the market goes bad which it could easily do in 2 years she could lose everything.

@chelseamalone2355 Год назад

there’s always “ifs” in every situation. If you don’t take a risk, you’re always on the couch wondering. Listening to her story she sound smart enough. And clearly stated she’s still working and not solely relying on her investing.

@tommyboy7427 Год назад

There is no way she can lose everything if the market turns. Her mortgages are fixed and so her expenses are nearly fixed. Her cash flow after expenses is $200k/year. She mentioned all of her medium term rentals also work as long term rentals. The only risk would be something like a moratorium that allows tenants to not pay. But she is diversified in medium term and long term so the medium term rentals would still pay her out of her long term tenants decided not to pay.

@eksine Год назад

@@tommyboy7427 I don't think that how it works, many investors lost everything when the market crashed , I think it was sometime in 2008. When economy is bad people will stop renting, where do you think the 200k comes from? There is no way she has the income from her other job to cover it all. Your mindset I think is gonna get you in trouble if you stick to that all the time

@drumdad1242 Год назад

I wonder what type of cancer it was. Going through my wife being diagnosed with cancer right now. So happy this lady is doing well now.

@SD-co9xe Год назад

Not sure I believe the cash flow numbers given how recently she started and with little capital. It doesn’t make sense. I could see 200k gross income maybe but not cash flow.

@allinforfun Год назад

Great podcast I have 1 rental apartment And I own the apartment I live I I would like to hit a little more Is about short term rentals

@Chris-wk8nu Год назад

Where is Brittany located?

@Paragon_Reason Год назад

I dont see how people afford anything. I can't get a loan to get a house to house hack... Can barely afford rent.

@kimberlycollier4007 Год назад

My Dream!!!!!!!!! Let’s go 🎉

@romoore2094 6 месяцев назад

You know, it's one thing to buy the real estate and be able to afford it. And then it's another to maintain it and to keep tenan. It's in the rental properties that's where you really have to have finesse

@ninabanks7596 Год назад

I heard the word shmedium! Is the strategy to make sure Med term rentals incorporate cleaning into their monthly cost to get eyes on the property & eliminate / mitigate potential problems.

@brittanyswait Год назад

Yes! We don't do it ourselves but Rob said he likes to do that where he's at to avoid any surprises!