cover of episode 406: 51 Units and $900/Month in Pure Cashflow on a “BRRRRnB” with Shelby Osborne

406: 51 Units and $900/Month in Pure Cashflow on a “BRRRRnB” with Shelby Osborne

Publish Date: 2020/10/8
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BiggerPockets Real Estate Podcast

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Shownotes Transcript

    <p>"Systems, People, and Positive Vibes" are what powers <strong>Shelby Osborne</strong>'s business, and today she breaks down exactly how she's used those 3 forces to go from <strong>0 to 51 units</strong> in just a few years.</p><p>Shelby shares how she boils everything down into <strong>checklists and automated reminders, </strong>so she can focus more energy on <strong>revenue-generating activities. </strong></p><p>Plus, she shares a combination word that's right up there with "liger," "bromance," and "Bollywood": the <strong>"BRRRR-nB." </strong>In her <strong>Deal Deep Dive</strong>, she reveals how she picked up a<strong> foreclosure property</strong>, transformed it into an <strong>Airbnb</strong> to generate big-time cashflow, and expects to pull all her money out so she can do it again and again!</p><p>A former U.S. Army captain, Shelby is a serious go-getter and you won't help but be energized by her "no excuses" approach to life – colorful language and all ;) Oh, and before you leave this page be sure to check out her checklist for <strong>startup your own real estate meetup</strong> below! (If you can't see it on your phone, head over to <a href="https://airtable.com/tbleGMIyBenEoyboU/viwgoO69lRa3w2JCJ/biggerpockets.com/show406">biggerpockets.com/show406</a>.)</p><p>In This Episode We Cover:</p><ul>
  • How Shelby transitioned from Army life to real estate agent and investor life
  • How she finances her deals with a combination of bank loans, hard money, private money and lines of credit
  • The details of her ongoing "BRRRnB" deal
  • How she saves time by using email templates and automated follow-up sequences
  • How to set up your business to run on autopilot so you don't have to rely on your (unreliable) brain
  • Building a community to attract talented people with positive attitudes
  • And SO much more!
  • Links from the Show

    Check the full show notes here: http://biggerpockets.com/show406

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