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227: DON’T BUY A FERRARI (Until You Do This First)
Manage episode 445415801 series 3441909
A tartalmat a DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood biztosítja. Az összes podcast-tartalmat, beleértve az epizódokat, grafikákat és podcast-leírásokat, közvetlenül a DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood vagy a podcast platform partnere tölti fel és biztosítja. Ha úgy gondolja, hogy valaki az Ön engedélye nélkül használja fel a szerzői joggal védett művét, kövesse az itt leírt folyamatot https://hu.player.fm/legal.
In this episode, David and Ryan explain why investing in real estate is a smarter move than splurging on luxury items like supercars. They dive into the BRRRR strategy—Buy, Renovate, Rent, Refinance, Repeat—sharing how they've used it to generate substantial passive income from rental properties. If you're looking to build wealth and create long-term financial freedom, this episode has plenty of actionable insights. Plus, you're invited to join DealMachine's Cold Calling Challenge, where you can learn firsthand how to find off-market deals and land your first investment property!
Join DealMachine's Cold Calling Challenge (October 2024):
https://www.dealmachine.com/cold-calling-challenge
KEY TALKING POINTS:
0:00 - Don’t Buy A Ferrari (Yet)
0:56 - How Ryan Leveraged Real Estate To Pay For Two Nice Cars
4:27 - How Much Money Ryan Invested To Get Three Rentals
6:19 - Leveraging Wholesaling & Ryan’s First BRRRR Deal
8:40 - How You Can Find One Of These Deals
9:11 - Outro
LINKS:
Instagram: David Lecko
https://www.instagram.com/dlecko
Website: DealMachine
https://www.dealmachine.com/pod
Instagram: Ryan Haywood
https://www.instagram.com/heritage_home_investments
Website: Heritage Home Investments
https://www.heritagehomeinvestments.com/
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