125: Using OnlyFans to Fund Ownership in Her First BRRRR w/ Brin Amberlee

Real Estate Rookie

BiggerPockets

How To, Education, Business, Investing, Entrepreneurship

4.8 • 1.7K Ratings

🗓️ 27 October 2021

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

You could say that Brin Amberlee isn’t a traditional real estate investor. She doesn’t have tons of experience with property management, construction, or investing, but she does have the will to succeed. After buying her primary residence in Las Vegas, Brin was prompted by friends to start listening to The BiggerPockets Podcast, where she learned about the mind-blowing BRRRR strategy. Brin's funding source for the deal? Her OnlyFans business! Hailing from Columbus, Ohio, she knew that investing in her hometown would be a perfect place to practice her first BRRRR, turning an old house into an instagramable short-term rental. With help from her father, she is personally taking the time to demo, rehab, and design this property, top to bottom. Brin touches on everything from finding an investor-friendly agent, to viewing properties, analyzing deals, getting financing, growing your personal brand, and more. She has some big plans to buy even more short-term rentals after this first BRRRR, and we doubt we won’t see her back on The Real Estate Rookie podcast very soon, with a lot more units to her name! In This Episode We Cover Resisting lifestyle creep so you can use extra money to invest Why your first BRRRR doesn’t need to be perfect Surrounding yourself with those who achieve greatness and distancing from those who don’t Vacation home mortgages vs. conventional mortgages on short-term rentals Building your brand on social media and beyond The importance of keeping healthy reserves in case a rehab goes over budget And So Much More! Links from the Show Real Estate Rookie Youtube Channel Ashley's Instagram Tony's Instagram Real Estate Rookie FaceBook Group MLS Airbnb BiggerPockets Rookie Podcast 123: ‘Building’ Wealth as a 24-Year-Old with 12 New Construction Projects OnlyFans Grant Cardone BiggerPockets Forums Zillow BiggerPockets Calculator Instagram Tiktok BiggerPockets Rent Estimator Investor Girl Britt Check the full show notes here: https://www.biggerpockets.com/rookie125 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Real Estate Rookie Episode 125.
0:05.0	We just got some numbers for fixing up the siding gutters downspout.
0:13.3	I have to build a garage out back.
0:14.9	All of that is already like 30,000.
0:16.5	I was like, uh, so maybe it is going to be more, but honestly, even if I only refinance
0:21.1	out half of my money, I'm just excited to have my first deal done.
0:25.9	My name is Ashley Care, and I'm here with my co-host, Tony Robinson, and we are live
0:31.1	in Las Vegas.
0:32.9	So, this is Ashley's first time, like, a party at the pool parties in Vegas, so me and
0:38.5	my wife's here, I came out early to show a good time before we recorded today.
0:41.3	So, this is Ashley and I, not hungover, but we're covering a little bit from yesterday's
0:46.4	fun.
0:47.4	The best part was that it was day-drinking, so we had our 14 hours of sleep during the
0:52.4	hour, but I've been to Vegas, I don't know, maybe eight times, and I've never gone
0:55.9	to a pool party.
0:56.9	So, Tony, uh, gave me that experience yesterday, so it was very thankful for it.
1:01.1	Yes.
1:02.1	It was a great time.
1:03.1	So, today we have Brynn on, and we are going to do a live podcast recording for you guys.
1:10.9	Yeah, and it's fun because we don't do this often.
1:12.8	We did it once before with my wife, Sarah, and Ashley's partner, Joe, but the first time
1:17.0	we felt like an actual guest, you know, and on-site, on location somewhere, so I'm excited
	...

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