From $40k/Year to 400 Houses with Cam Cathcart

The BetterLife Podcast: Wealth | Real Estate Investing | Life

Brandon Turner and Cam Cathcart

House Flipping, Multifamily, Real Estate, Wealth, Investing, Business, Real Estate Investing, Self-development, Entrepreneurship, Rental Properties, Health

4.8 • 767 Ratings

🗓️ 2 April 2024

⏱️ 67 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Cam Cathcart is a real estate investor who quickly scaled up to 100 deals/year and built enough savings to move his family to Maui.

In this episode, Cam shares what separates new investors who take massive action from those who get stuck in analysis paralysis and breaks down how you can still find great deals in this market without spending a fortune on marketing.

Cam teaches flipping, wholesaling and rental property investing over at Deal Flow Real Estate.

He also talks about:
- The moment he realized he needed to change his financial situation
- How networking with local players was a “cheat code” to success
- How to come across as confident as a new investor
- Advice for you if you’re scared to buy your first rental property
- How he finds and funds deals
- Recruiting private money lenders for his flips
- Why he rarely puts contingencies in his purchase and sale agreements
- What he did when he ran into a cash crunch
- Why he lives by the motto, “Anything worth doing is worth overdoing”.

Books Mentioned:
- Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple by David Greene
- Good to Great: Why Some Companies Make the Leap...And Others Don't by Jim Collins
- The Happiness Advantage: The Seven Principles of Positive Psychology That Fuel Success and Performance at Work by Shawn Achor
- The Ruthless Elimination of Hurry: How to Stay Emotionally Healthy and Spiritually Alive in the Chaos of the Modern World by John Comer

Connect with Cam:

Website: https://www.dealflowrealestate.com

Instagram: https://www.instagram.com/cam.cathcart

Connect with us!

Website: https://abetterlife.com/

Instagram: https://www.instagram.com/betterlife/?hl=en

https://www.instagram.com/beardybrandon

Cam’s charitable cause (100% of ad revenue goes here):
- Tim Tebow Foundation https://timtebowfoundation.org/

Show Sponsor:
- The BetterLife REI Summit May 3-5 in Denver, CO. The most actionable “how to” real estate event for new and experienced investors. Grab your tickets here: https://reisummit2024.com/

Interested in building wealth without losing your soul? Join the BetterLife Tribe here: https://join.abetterlife.com/tribe

Transcript

Click on a timestamp to play from that location

0:00.0	There's so many different ways to make money, and I think it's an entrepreneur.
0:06.0	Most people that are entrepreneurs, you're an entrepreneur because you have shiny object syndrome.
0:10.0	And so I've had to really rein myself in on that where it's for right now, I want to be the
0:16.0	best single family real estate investor in the world.
0:19.0	And I'm going to focus all of my attention
0:21.3	on to that. And I'm not really going to think about what's next. Welcome to the Better Life
0:27.9	podcast where we talk about real estate investing, building wealth, and all in all living a better
0:32.2	life. My name is Brandon Turner and I've spent my life investing in real estate to achieve
0:37.1	financial freedom.
0:38.5	We want to help you do the same. On this show, you're going to hear from world-class guests
0:44.6	who have been handpicked to help you level up your investing, your leadership, your goals,
0:50.8	your habits, and more to become the very best version of yourself.
0:56.1	So, join us as we explore the habits, the actions, the beliefs that it takes to build wealth
1:01.6	through real estate investing without losing your soul. Oh, you're better life.
1:22.3	Cam Cathcart. Welcome back to the podcast, man.
1:24.4	Dude, I'm pumped to be here.
1:25.4	Thanks for having me.
1:26.3	Yeah, I guess some exciting things to announce today, so I'm going to jump right into it.
1:29.6	Cam, I know you as an active real estate investor.
1:32.5	I know that your first full year as a real estate guy, you did like a hundred deal, which is crazy.
1:37.3	I know you as a father of three, adorable little kids that hang out with us all the time here in Hawaii.
1:43.7	I know yours as the husband of two.
	...

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