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764: Making $200K/Year in JUST 3 Years with This High-Cash Flow Strategy w/Brittany Swait

764: Making $200K/Year in JUST 3 Years with This High-Cash Flow Strategy w/Brittany Swait

FromBiggerPockets Real Estate Podcast


764: Making $200K/Year in JUST 3 Years with This High-Cash Flow Strategy w/Brittany Swait

FromBiggerPockets Real Estate Podcast

ratings:
Length:
60 minutes
Released:
May 11, 2023
Format:
Podcast episode

Description

For real estate investors, passive income is almost always the goal. You may be making good money at your job, but the long days, longer nights, lack of sleep, and limited time off is probably leaving you feeling fatigued. This is exactly how Brittany Swait felt after a severe diagnosis put her life in danger. She was working harder than ever, but the time with her family was slowly slipping away. That was until she started investing.
Brittany was able to build a fifty-nine-unit rental property portfolio in just three years. These properties bring in a staggering $200,000 per year passive paycheck, allowing Brittany to focus on her family, not take tasks from a boss. But this portfolio wasn’t easy to build, even though it happened quickly. Brittany had to learn the BRRRR method, take considerable risks (like draining her retirement accounts), and put herself in an entirely new position.
Now, just a few years later, Brittany is building her rental property portfolio at a fast pace, but she loves every minute of it. In this episode, she’ll walk through the exact strategy she uses to make such high cash flow, her five tips for remodeling and renovating that will save you TONS of time, and how she’s been able to pull her cash out of the deals she’s doing. If you want to scale your real estate portfolio, Brittany is the person to listen to. 
 In This Episode We Cover:
The one skill that allowed Brittany to scale from zero to fifty-nine rentals in three years
Medium-term rental investing and how to triple your rent with one strategic move
Using Facebook to find off-market deals and the one factor that matters MUCH more than you’d think
How to estimate rehab costs and five tips you MUST follow when doing a renovation 
BRRRRing in 2023 and how to get around the one-year seasoning requirement for a cash-out refinance 
Being more than your job and how to build a life that YOU are in control of 
And So Much More!
Links from the Show
Find an Agent
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David's BiggerPockets Profile
David's Instagram
David’s YouTube Channel
Work with David
Rob's BiggerPockets Profile
Rob's Instagram
Rob's TikTok
Rob's Twitter
Rob's YouTube
Hear Our Episode with Rick Morin on Making $300K/Year with 11 Rental Properties
Medium-Term Rentals: How to Get BIG Cash Flow Out of Small Properties
Book Mentioned in the Show:
BRRRR by David Greene
Connect with Brittany:
Brittany's Instagram


Click here to listen to the full episode: https://www.biggerpockets.com/blog/real-estate-764
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Released:
May 11, 2023
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.