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Wealthy Investor Podcast - Real Estate Investing, Building Wealth, Faith Based

How to Invest in Rentals as a Beginner

Wealthy Investor Podcast - Real Estate Investing, Building Wealth, Faith Based

Wealthy Investor - Real Estate Investing, Real estate, Build Wealth, Faith Based

Flipping Houses, Rental Property, Real Estate, Business, Wholesaling Real Estate, Investing, Real Estate Investing

2.5884 Ratings

🗓️ 7 June 2024

⏱️ 66 minutes

🧾️ Download transcript

Summary

---If you would like to work with Brian on flips, wholesales, or coaching, check out this page - https://www.briandavila.co/home-7863Follow Brian on Instagram - https://www.instagram.com/thebriandavila/Follow Wealthy Investor on Social Media: https://www.instagram.com/_wealthyinvestor https://www.tiktok.com/@_wealthyinvestor---

Transcript

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0:00.0

Justin Brennan, how's it going, baby?

0:02.1

It's going good, man.

0:02.8

Excited to have you on the podcast.

0:05.0

Thanks for having me.

0:06.0

Yeah, we've been talking a little bit on Instagram.

0:08.4

I know you are crushing it in the multifamily space.

0:12.0

So for people who don't know who you are, can you give us your quick

0:14.7

backstory? Yeah, born and raised in San Diego, kind of grew up, son of a developer

0:19.3

builder. He was more in the new construction and homes and subdivision type stuff.

0:24.0

It's funny enough he actually built a ton of stuff out here in Vegas back in the late 90s early 2000s.

0:30.0

Okay.

0:31.0

And did very well, but then the financial crisis came along.

0:35.0

He had gone through three cycles and the fourth one, which was the financial crisis of 08,

0:39.0

took him down.

0:40.0

But that's kind of how I had learned real estate.

0:43.0

Got it.

0:44.0

He came through multifamily and apartments and stuff, mainly through that a little bit.

0:48.0

But my dad was always really good at building things and selling things,

0:52.0

building things and selling things. selling things so his income would

0:54.8

mimic real estate cycles got it he'd make a ton of money but then he was very good

0:59.3

at losing a lot of money too okay but at the end of the day know, he did very well over his career. It's just I I need to sleep a little bit better at night. Yeah. And so having the multi-family apartments and the steady cash flow and being a little less I guess risky was kind of my focus.

1:17.0

Got it. Okay so when did you start real estate? I've been in multifamily. I mean I came kind of long story sure but you know I was a realtor coming out of the financial crisis so I was working with companies doing construction development all the way up until the financial crisis. So I was working with companies doing construction

...

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