The Biggerpockets Real Estate Investing Podcast

Today’s guest makes $60,000 per MONTH the old-fashioned real estate investing way. He buys rentals you can find on any real estate listing site, uses his own money to invest, doesn’t need “creative financing” techniques to fund the deal, and treats his tenants well. This is a real estate portfolio anyone can repeat, and it has made Welby Accely a multimillionaire in just over a decade, even after he lost everything (three times!).  In a time when every real estate guru is trying to get you into the lowest-money-down deal with the most risk and the shallowest margins, Welby takes it the whole other direction. His simple offer “formula” allows him to buy properties under market value, fix them up, get them rented, and refinance out to create an “infinite return.” Basically the BRRRR (buy, rehab, rent, refinance, repeat) strategy, but EVEN safer. How does he find rentals that are (almost) always worth more than what he pays for them? Welby says, “Every deal is a flip,” meaning if you buy rentals like a flipper