Making $60K Per Month with the Repeatable, Low-Risk Real Estate “Formula”

BiggerPockets Real Estate Podcast

BiggerPockets

Education, Business, Investing

4.8 • 16.5K Ratings

🗓️ 31 March 2025

⏱️ 40 minutes

🔗️ Recording | iTunes | RSS

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Summary

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 would, your profit margins massively multiply, and you reap huge financial benefits. Welby is a REAL real estate investor, giving you a real strategy you can use in 2025, even with high interest rates. The question is, will you take advantage of it like Welby did? In This Episode We Cover Welby’s unbeatable “offer formula” to get discounted real estate deals with HUGE equity upside Why Welby believes every investment is a “flip” and how it’s made him millions How to find real estate deals ON-MARKET by simply browsing listing sites and activating notifications Why Welby always puts more money down on his properties (and it pays him back BIG time) What you can offer (that isn’t money) to get a seller to accept your bid And So Much More! (00:00) Intro (01:32) NEVER Buy “Cheap” Real Estate (03:54) Every Investment is a “Flip” (06:13) ONLY Buy These Properties (09:32) How to Find On-Market Deals (15:29) The Easy Offer Formula (18:02) Put MORE Money Down (23:21) $4,300/Month Cash Flow (ONE Property) (27:55) Offer More Than Money (32:02) Follow Welby’s Formula! Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1102 Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected]. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Did you know that every real estate deal is a flip?
0:02.7	Even if you're a hardcore buy-and-hold investor, you're going to buy a house, you're going to
0:06.6	renovate that property, and eventually you'll sell that property.
0:10.2	So whether it takes you three months or 30 years, it's still a flip.
0:13.9	At least that's the strategy today's guest used for the last 12 years to build a portfolio
0:18.1	that generates $60,000 in net income every month. Let's hear how he did it.
0:28.2	Hey, everyone, I'm Henry Washington, filling in today as host of the Bigger Pockets Real
0:32.6	Estate podcast. Today's guest on the show is Welby Aselly. Wellby's an investor operating in the New York and Connecticut
0:38.9	markets, and you may have heard him on a few shows around the Bigger Pockets Network, including
0:43.1	episode 464 of this very show. Usually when we have investors back on the show, it's because
0:48.3	they're doing something new and different. But I wanted to have Welby back on the show because
0:52.8	he's still doing the same thing now that he was on the episode four years ago.
0:57.6	He's buying properties on the market.
0:59.8	He's putting down 25%.
1:01.3	He's adding value and he's selling them at a profit or renting them out for monthly cash flow.
1:06.7	We'll be still doing it now because it still works.
1:09.7	Even for someone like him with more than
1:11.8	$10 million in equity, it's all about the basic fundamentals of good real estate investing.
1:17.0	If he's still focused on buying at the right price and correctly projecting his ARV after
1:21.5	20 years in the game, you can too. So today, Welby's going to tell us why he views every
1:27.1	deal as a flip and why he likes
1:29.1	putting money down and so much more. Let's bring on Welby. Wellby, welcome back to the show.
	...

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