cover of episode 708: Future Millionaires: The 90-Day Mentorship to Grow Your Real Estate Portfolio

708: Future Millionaires: The 90-Day Mentorship to Grow Your Real Estate Portfolio

Publish Date: 2023/1/1
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BiggerPockets Real Estate Podcast

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    <p><strong>There’s a big difference between a </strong><a href="https://www.biggerpockets.com/blog/build-real-estate-portfolio-fast-the-stack"><strong>real estate portfolio</strong></a><strong> and having a few rental properties</strong>. Casual real estate investors can slowly start stacking one or two units a year and eventually end up with <strong>financial freedom</strong>, but often with stress and headaches that match their cash flow. Other investors, like <strong>David Greene</strong> and <strong>Rob Abasolo</strong>, take a more goal-oriented approach, <strong>building millions of dollars of wealth in under a decade</strong> with a portfolio that is self-sustaining, not self-defeating. Our goal here at BiggerPockets is to help YOU find financial freedom by following the same steps as investors like David and Rob.</p><p>In the same spirit, David and Rob have decided to sit down with <strong>three mentees </strong>and give them <strong>one-on-one coaching</strong> to get them to their ultimate goals. These mentees are <strong>all at different stages of their investing journey</strong>, focusing on different strategies with different properties. First, we talk to <strong>Philip</strong>, a <strong>school teacher</strong> who dreams of building out <a href="https://www.biggerpockets.com/blog/real-estate-650"><strong>glampsites and campsites</strong></a>, all while developing cash-flowing retreat centers. Secondly, we talk to <strong>Wendy</strong>, an investor stuck in the “<strong>turnkey trap</strong>” who wants to escape her job and the low cash flow of “easy” investing. Lastly, we talk to <strong>Danny</strong>, a multifamily investor who wants to <strong>scale faster </strong>to regain his time.</p><p>All of these mentees have the same goal: <a href="https://www.biggerpockets.com/blog/start-journey-financial-freedom"><strong>financial freedom</strong></a>. If you’re trying to <strong>find your way out of the rat race </strong>and into the <strong>wealth-building realm of real estate</strong>, these are the episodes for you. We’ll continuously be checking in on our guests, giving them action items, and <strong>helping them work through any roadblocks</strong> that come their way. So stick around for the journey; you might hit financial freedom faster!</p><p><strong>In This Episode We Cover:</strong></p><p>Investing in <strong>glamping, camping, and retreat centers</strong> and why developing may be a costly move</p><p>How to find a real estate agent/broker who can <strong>source your PERFECT property</strong> (even if it’s VERY niche)</p><p><strong>The “</strong><a href="https://www.biggerpockets.com/blog/turnkey-properties-worth-it"><strong>turnkey</strong></a><strong> trap” </strong>and why easier investing often leads to lower returns</p><p>Why working in real estate as you build your portfolio is a <strong>cheat code for investors </strong></p><p>House hacking, rental arbitrage, and <strong>creative ways to rent your properties for more</strong></p><p>How to<strong> scale from small to </strong><a href="https://www.biggerpockets.com/blog/jump-to-large-scale-multifamily"><strong>large multifamily</strong></a> investing and how to find your own mentor</p><p>And <strong>So </strong>Much More!</p><p><strong>Links from the Show</strong></p><p><a href="https://www.biggerpockets.com/agent/match">Find an Investor-Friendly Real Estate Agent</a></p><p><a href="https://www.youtube.com/channel/UCVWDbXqQ8cupuVpotWNt2eg">BiggerPockets Youtube Channel</a></p><p><a href="https://www.biggerpockets.com/forums">BiggerPockets Forums</a></p><p><a href="https://www.biggerpockets.com/membership-types">BiggerPockets Pro Membership</a></p><p><a href="https://store.biggerpockets.com/">BiggerPockets Bookstore</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-investing-bootcamps">BiggerPockets Bootcamps</a></p><p><a href="https://www.biggerpockets.com/podcast">BiggerPockets Podcast</a></p><p><a href="https://bit.ly/biggerpocketsswag">BiggerPockets Merch</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Listen to All Your Favorite BiggerPockets Podcasts in One Place</a></p><p><a href="https://www.biggerpockets.com/podcasts?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Learn About Real Estate, The Housing Market, and Money Management with The BiggerPockets Podcasts</a></p><p><a href="https://www.biggerpockets.com/investment-calculators?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Get More Deals Done with The BiggerPockets Investing Tools</a></p><p><a href="https://www.biggerpockets.com/forums/521-real-estate-events-meetups?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Find a BiggerPockets Real Estate Meetup in Your Area</a></p><p><a href="https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">David's BiggerPockets Profile</a></p><p><a href="https://www.instagram.com/davidgreene24/">David's Instagram</a></p><p><a href="https://www.youtube.com/c/DavidGreeneRealEstate">David’s YouTube Channel</a></p><p><a href="https://www.youtube.com/c/Robuilt">Rob's YouTube</a></p><p><a href="https://www.instagram.com/robuilt/">Rob's Instagram</a></p><p><a href="https://www.tiktok.com/@robuilto">Rob's TikTok</a></p><p><a href="https://www.twitter.com/robuiltchannel">Rob's Twitter</a></p><p><a href="https://www.biggerpockets.com/users/robuilt?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Rob's BiggerPockets Profile</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-704?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">Hear Our Interview with the Discount Lots Founders</a></p><p><a href="https://www.biggerpockets.com/blog/real-estate-696?utm_source=youtube&amp;utm_medium=description&amp;utm_campaign=none">How to Plan for (and CRUSH) Your 2023 Goals</a></p><p><strong>Book Mentioned in the Show</strong></p><p><a href="https://store.biggerpockets.com/products/long-distance-real-estate-investing"><em>Long Distance Real Estate</em></a> by David Greene</p><p><br></p><p>Click here to check the full show notes: https://www.biggerpockets.com/blog/real-estate-708</p><p><em>Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Check out our </em><a href="https://www.biggerpockets.com/blog/sponsors"><em>sponsor page</em></a><em>!</em></p>
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