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227: DON’T BUY A FERRARI (Until You Do This First)
Manage episode 445415801 series 3441909
Kandungan disediakan oleh DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood. Semua kandungan podcast termasuk episod, grafik dan perihalan podcast dimuat naik dan disediakan terus oleh DealMachine for Real Estate Investing, David Lecko, and Ryan Haywood atau rakan kongsi platform podcast mereka. Jika anda percaya seseorang menggunakan karya berhak cipta anda tanpa kebenaran anda, anda boleh mengikuti proses yang digariskan di sini https://ms.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/
244 episod
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