BiggerPockets | 30 Rental Properties in Just 7 Years with "BRRRR" and New Builds @biggerpockets | Uploaded October 2024 | Updated October 2024, 14 hours ago.
Episode #1,027
Episode Show Notes: link.chtbl.com/BPRE
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biggerpockets.com/users/debad?utm_source=youtube&utm_medium=description&utm_campaign=none
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After a strong case of “mommy guilt” working as an assistant principal, pregnant with her second child, Deba Douglas knew she needed a way out of the rat race. A run-in with "Rich Dad Poor Dad" prompted her to begin saving so she could start buying rental properties. She called her lender, found a property, and spent her and her husband's entire savings on the down payment. Little did she know that this one decision would set her life’s course in an entirely different direction.
Now, just seven years after first looking into real estate investing, Deba has thirty rental properties and doesn’t work at her W2 anymore! How did she do it so fast, especially with kids to care for, bills to pay, and no prior experience in real estate investing? One BAD piece of beginner advice could have thrown her entire investing career off track, but she quickly learned from her mistake and leveled up at light speed!
Deba is sharing how she went from real estate investing zero to hero, doing everything from BRRRR (buy, rehab, rent, refinance, repeat) investing, building new construction rental properties, flipping houses, and becoming an agent herself to help other investors. Want to escape the nine-to-five grind and get on the fast track to financial freedom? Do it all like Deba!
00:00 Intro
02:00 Chasing Financial Freedom
05:16 First Property, Then BIG Mistake
14:16 Did It Work Out?
15:59 Quitting Her Job
20:53 Investing and Selling Homes
23:06 Deba's Portfolio
24:18 Building New and BRRRRing
26:50 Investing in a Declining Market
33:38 Goals and Best Beginner Investment
Episode #1,027
Episode Show Notes: link.chtbl.com/BPRE
Join BiggerPockets for FREE 👇
biggerpockets.com/signup?utm_source=owned_media
Let Us Know What You Thought of the Show!
BiggerPockets.com/Podcastfeedback
Grab the Book, “Rich Dad Poor Dad”:
store.biggerpockets.com/products/rich-dad-poor-dad?utm_source=youtube&utm_medium=description&utm_campaign=none
Find an Investor-Friendly Agent in Your Area:
biggerpockets.com/agentmatch
See Dave at BPCON2024 in Cancun!
biggerpockets.com/events?utm_source=youtube&utm_medium=description&utm_campaign=none
Do You NEED an "Investor-Friendly" Agent?
biggerpockets.com/blog/real-estate-investor-friendly-agent?utm_source=youtube&utm_medium=description&utm_campaign=none
Connect with Deba:
biggerpockets.com/users/debad?utm_source=youtube&utm_medium=description&utm_campaign=none
Connect with Dave:
biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none
After a strong case of “mommy guilt” working as an assistant principal, pregnant with her second child, Deba Douglas knew she needed a way out of the rat race. A run-in with "Rich Dad Poor Dad" prompted her to begin saving so she could start buying rental properties. She called her lender, found a property, and spent her and her husband's entire savings on the down payment. Little did she know that this one decision would set her life’s course in an entirely different direction.
Now, just seven years after first looking into real estate investing, Deba has thirty rental properties and doesn’t work at her W2 anymore! How did she do it so fast, especially with kids to care for, bills to pay, and no prior experience in real estate investing? One BAD piece of beginner advice could have thrown her entire investing career off track, but she quickly learned from her mistake and leveled up at light speed!
Deba is sharing how she went from real estate investing zero to hero, doing everything from BRRRR (buy, rehab, rent, refinance, repeat) investing, building new construction rental properties, flipping houses, and becoming an agent herself to help other investors. Want to escape the nine-to-five grind and get on the fast track to financial freedom? Do it all like Deba!
00:00 Intro
02:00 Chasing Financial Freedom
05:16 First Property, Then BIG Mistake
14:16 Did It Work Out?
15:59 Quitting Her Job
20:53 Investing and Selling Homes
23:06 Deba's Portfolio
24:18 Building New and BRRRRing
26:50 Investing in a Declining Market
33:38 Goals and Best Beginner Investment