WIP 892: Why I Love Rentals - Using the Brrrr Method to Create Long Term Wealth
Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
4.9 • 1.4K Ratings
🗓️ 22 February 2022
⏱️ 12 minutes
🧾️ Download transcript
Summary
Rental properties have become a rampant source of passive income over time. Especially in this day and age where properties are used for almost any kind of business and people have been opting to live temporarily in places at a time. How exactly does this growing industry create long-term wealth?
In this episode. David Dodge shows us specifically how we can get off the transaction treadmill in real estate and the step-by-step process on how to successfully execute the BRRRR method. Along with the 5 major reasons why rentals can improve your cash flow.
If you’re interested in learning different strategies to utilize then this is the episode for you.
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Transcript
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| 0:00.0 | I love leverage because that's what makes the Burr method so special. |
| 0:06.6 | We're using other people's money to buy the property, we're using other people's money |
| 0:11.6 | to fix these properties up, and I'm borrowing from private and hard money lenders. |
| 0:17.2 | That's it. |
| 0:18.2 | It's so simple. |
| 0:19.3 | This is Game Changing Information, guaranteed to raise your real estate wholesaling business |
| 0:24.2 | with actionable steps you can take immediately to navigate the ins and outs of wholesaling |
| 0:29.2 | and start making money today. |
| 0:31.8 | Join us as we put our guests in the hot seat and dive deep to dissect their strategies |
| 0:36.4 | for success to enable you to duplicate their results. |
| 0:39.9 | You're listening to Whole Sailing Inc. |
| 0:42.2 | The only show dedicated to making you a fortune in wholesaling. |
| 0:48.0 | Let's face it, we all want financial freedom and security, but so few of us have actually |
| 0:53.1 | been taught how to build long-term wealth while still earning an income. |
| 0:57.4 | The truth is owning rental property is the best, most effective way to increase your |
| 1:02.9 | income and build legacy wealth fast. |
| 1:06.2 | I'm David Dodge and on this show you'll discover how to take control of your finances |
| 1:10.6 | and make your money start working for you. |
| 1:13.4 | I'm here to show you how to build long-term wealth and cash flow while paying less in taxes |
| 1:19.6 | through owning rental properties. |
| 1:21.8 | Stop trading your time for money and get off of the transaction treadmill. |
| 1:25.9 | Let's get started. |
... |
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