The “Two Door” Strategy: How Just a Couple Rental Properties Can TRANSFORM Your Life with Rachel Gainsbrugh
The BetterLife Podcast: Wealth | Real Estate Investing | Life
Brandon Turner and Cam Cathcart
4.8 • 767 Ratings
🗓️ 3 September 2024
⏱️ 72 minutes
🧾️ Download transcript
Summary
Dr. Rachel Gainsbrugh is a pharmacist turned real estate investor who helps busy professionals escape the daily grind using her signature “two-door” rental strategy.
In this episode, Rachel shares how she went from drowning in $500,000 of student loan debt to becoming a highly successful mid-term rental investor with a portfolio that funds her dream of running a wellness retreat in Portugal.
Rachel also talks about:
- Her “COVER” framework for landing lucrative deals
- Why bigger isn’t always better in rental properties
- The tax strategy that accelerated her path to financial freedom
- The marketing tactics she used to land $22k/month tenants
- Her upcoming Netflix show, “Buy My House”
Books Mentioned:
- Who Not How by Dan Sullivan
- The ONE Thing by Gary Keller and Jay Papasan
- The Book on Rental Property Investing by Brandon Turner
Connect with Rachel:
Website: https://www.shorttermgems.com/
Instagram: https://www.instagram.com/short.term.gems
TikTok: https://www.tiktok.com/@luxury_str_doctor
Connect with Brandon:
📸 Instagram: https://www.instagram.com/beardybrandon
💻 BetterLife Tribe, Brandon’s Real Estate Investing Mastermind: https://abetterlife.com/
📸 BetterLife Tribe’s Instagram: https://www.instagram.com/betterlife/
💻 OpenDoor Capital, Brandon’s Real Estate Investing Company: https://odcfund.com/
📸 OpenDoor Capital’s Instagram: https://www.instagram.com/opendoorcapital/
Connect with Cam:
📸 Instagram: https://www.instagram.com/cam.cathcart/
💻 Deal Flow Real Estate, Cam’s Real Estate Investing Mastermind: http://dealflowrealestate.com/
💻 Revel City HomeBuyers, Cam’s Real Estate Investing Company: https://revelcityhomebuyers.com/
📸 Revel City HomeBuyers’s Instagram: https://www.instagram.com/revelcityhomebuyers/
Rachel’s charitable cause (100% of ad revenue goes here):
- Mona Foundation: Helping women in underrepresented countries with financial literacy, gender equality and community transformation.
🙏 SHOW SPONSORS
• TurboTenant: Market your rental, screen tenants, and collect rent… all in one place! Use the code BRANDON10 to get 10% off upon sign-up at https://go.abetterlife.com/turbotenant_pod Or check out all of their incredible FREE resources for landlords at https://go.abetterlife.com/toolbox_pod
• BallPoint Marketing: These guys know how to find deals… BallPoint Marketing is the leader (and the company that I use) for all things direct mail marketing! They’ll write the postcards, send them out, build out a CRM, and even field the calls for you! All you have to do is go to https://go.abetterlife.com/bp_pod for a strategy call and a discount!
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 | For medical professionals or higher income nerds, those who are looking to take advantage of tax strategies, I really believe in what I call the two-door strategy. |
| 0:09.9 | All you need is two doors to radically change your life. |
| 0:14.3 | So you can work at your WTO. |
| 0:15.7 | You can cut back a little bit. |
| 0:17.2 | Just two well-positioned doors. |
| 0:18.8 | A short-term rental and mid-term rental is how we're |
| 0:21.1 | able to start changing our lives. |
| 0:25.3 | Welcome to the Better Life podcast where we talk about real estate investing, building |
| 0:29.1 | wealth, and all in all living a better life. My name is Brandon Turner and I've spent my |
| 0:33.7 | life investing in real estate to achieve financial freedom. And alongside my co-host, Mr. Cam |
| 0:39.2 | Cathcart, we want to help you do the same. On this show, you're going to hear from world-class |
| 0:45.8 | guests who have been handpicked to help you level up your investing, your leadership, your goals, |
| 0:52.5 | your habits, and more to become the very best version of yourself. |
| 0:57.7 | So, join us as we explore the habits, the actions, the beliefs that it takes to build wealth |
| 1:03.2 | through real estate investing without losing your soul. We set on signs Oh, you're better life. |
| 1:11.6 | This is the Better Life podcast with Brandon Turner and... |
| 1:25.6 | Cam, Kathgar. |
| 1:26.5 | Cam, I got a question for you, buddy. |
| 1:28.0 | Let's hear it. |
| 1:29.1 | Why don't skeletons fight each other? |
| 1:32.3 | Because they're too bony. |
| 1:34.0 | I don't know. |
... |
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