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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

FromBiggerPockets Real Estate Podcast


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

FromBiggerPockets Real Estate Podcast

ratings:
Length:
71 minutes
Released:
Oct 8, 2020
Format:
Podcast episode

Description

"Systems, People, and Positive Vibes" are what powers Shelby Osborne's business, and today she breaks down exactly how she's used those 3 forces to go from 0 to 51 units in just a few years.Shelby shares how she boils everything down into checklists and automated reminders, so she can focus more energy on revenue-generating activities. Plus, she shares a combination word that's right up there with "liger," "bromance," and "Bollywood": the "BRRRR-nB." In her Deal Deep Dive, she reveals how she picked up a foreclosure property, transformed it into an Airbnb to generate big-time cashflow, and expects to pull all her money out so she can do it again and again!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 startup your own real estate meetup below! (If you can't see it on your phone, head over to biggerpockets.com/show406.)In This Episode We Cover:How Shelby transitioned from Army life to real estate agent and investor lifeHow she finances her deals with a combination of bank loans, hard money, private money and lines of creditThe details of her ongoing "BRRRnB" dealHow she saves time by using email templates and automated follow-up sequencesHow to set up your business to run on autopilot so you don't have to rely on your (unreliable) brainBuilding a community to attract talented people with positive attitudesAnd SO much more!Links from the ShowBiggerPockets ForumsBiggerPockets PodcastBiggerPockets Wealth MagazineBiggerPockets InsightsMyers & Briggs TestThe DISC ProfileOpen Door CapitalFind Real Estate AgentsPints and Properties MeetupBiggerPockets Podcast 396: Post-COVID-19 Investing and Landing Great Deals at Auctions with David Osborn and Aaron AmuchasteguiAirBnbThe Incredible Power of Long-Distance BRRRR Investing with Alex FeliceCheck the full show notes here: http://biggerpockets.com/show406See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Oct 8, 2020
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.