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Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

Why Rentals are LOUSY Investments? | David Pere

Brian Davila Show - Real Estate Investing, Building Wealth, Faith Based

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

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

2.5884 Ratings

🗓️ 16 January 2024

⏱️ 39 minutes

🧾️ Download transcript

Summary

Meet the Military Millionaire - David Pere!We want to coach you at Wealthy Investor! Book a call with the team here - https://wealthyway.co/yt--Are you living The Wealthy Way? Take the quiz and get FREE access to the “Wealth Builder Academy” where Ryan goes over all the fundamentals of building wealth. https://www.wealthyway.com/Would you like our team to help build your personal brand? Apply to join Pineda Media at https://wealthyway.co/rj9Looking to grow in your faith and business? Join Wea...

Transcript

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0:00.0

How much cash flow do you make a month?

0:01.6

Anywhere from like 5 to 15,000 a month net.

0:04.9

So that's the reason I don't like to buy a bunch of units is because they don't make money.

0:09.1

I have 32 units and I don't make nothing.

0:11.3

That's why that's why I like flipping and wholesaling. I'm like dude I could flip a house make a hundred K. Let's say six months which is long because I could usually do it unless I don't want to talk to no tenants anymore. I'm I'm getting so tired of rentals.

0:28.0

David Perrey, how's it going baby?

0:30.4

Going good man, how are you?

0:32.0

Excited to have you on.

0:33.4

So right now we are sitting in the backroom at WealthCon.

0:37.4

Got a thousand people out there going nuts.

0:40.2

So it's excited.

0:41.6

We try to get in here to record and it was like we take like two steps you get swarmed

0:44.8

Yeah, two steps you get swarmed we made it in though. Yeah, we made it in we're getting it in so

0:49.7

For people who don't know who you are, can you tell us your story?

0:53.6

Yeah, I mean, the super short overview, right,

0:55.7

is joined the Marine Corps in 2008.

0:58.6

I spent 13 years active duty, and, you know, from 2008 to 2015 I was the knucklehead who made all the

1:06.2

normal mistakes that most people make but especially prevalent in the military

1:10.4

right so you know I spent all my money on cars guns

1:14.3

statues women alcohol you name it right so you're living yeah it was it was a lot of

1:20.2

good life experiences and in 2015 I was broke as all down and negative

1:26.7

net worth someone handed me rich dad poor dad I was like dude I don't read and he's

...

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