406: 51 Units and $900/Month in Pure Cashflow on a “BRRRRnB” with Shelby Osborne

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Investing, Business

4.8 • 16.6K Ratings

🗓️ 8 October 2020

⏱️ 74 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

"Systems, People, and Positive Vibes" are what powers Shelby Osborne's business, and today she breaks down exactly how she's used those 3 forces to go from 0 to 51 units in just a few years. Shelby shares how she boils everything down into checklists and automated reminders, so she can focus more energy on revenue-generating activities. Plus, she shares a combination word that's right up there with "liger," "bromance," and "Bollywood": the "BRRRR-nB." In her Deal Deep Dive, she reveals how she picked up a foreclosure property, transformed it into an Airbnb to generate big-time cashflow, and expects to pull all her money out so she can do it again and again! A former U.S. Army captain, Shelby is a serious go-getter and you won't help but be energized by her "no excuses" approach to life – colorful language and all ;) Oh, and before you leave this page be sure to check out her checklist for startup your own real estate meetup below! (If you can't see it on your phone, head over to biggerpockets.com/show406.) In This Episode We Cover: How Shelby transitioned from Army life to real estate agent and investor life How she finances her deals with a combination of bank loans, hard money, private money and lines of credit The details of her ongoing "BRRRnB" deal How she saves time by using email templates and automated follow-up sequences How to set up your business to run on autopilot so you don't have to rely on your (unreliable) brain Building a community to attract talented people with positive attitudes And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Podcast BiggerPockets Wealth Magazine BiggerPockets Insights Myers & Briggs Test The DISC Profile Open Door Capital Find Real Estate Agents Pints and Properties Meetup BiggerPockets Podcast 396: Post-COVID-19 Investing and Landing Great Deals at Auctions with David Osborn and Aaron Amuchastegui AirBnb The Incredible Power of Long-Distance BRRRR Investing with Alex Felice Check the full show notes here: http://biggerpockets.com/show406 Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	This is the BiggerPockets Podcast, so I saw the for rent and I called it and I was like,
0:07.0	hey, just inquiring about this property and I was wondering if you might want to sell instead of rent.
0:12.2	And the guy was basically like, please, I don't want it and I have another one that I
0:16.1	want off my hands so and of course it takes a lot of calls before you find that one
0:20.7	guy who's willing to sell but they're out there.
0:23.0	You're listening to Bigger Pockets Radio
0:25.0	Simplifying real estate for investors large and small.
0:29.0	If you're here looking to learn about real estate investing
0:32.0	without all the height.
0:33.8	You're in the right place.
0:35.6	Stay tuned and be sure to join the millions of others who have benefited from BiggerPockets.com.
0:41.6	Your home for real estate investing online
0:44.0	What's going on everyone it's Brendan Turner
0:46.0	host to the BiggerPockets podcast
0:48.0	here today with another phenomenal show
0:50.0	with my co-host
0:52.0	Mr David Green.
0:53.8	David, how you doing there man?
0:55.0	You're breathing okay there in California
0:56.6	with all those fires?
0:57.7	Nope, got the mask on, we're staying indoors.
1:00.2	There's the whole state's on fire,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from BiggerPockets, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BiggerPockets and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.