Are you tethered to your W2 job as your main (or only) source of income? What if it disappeared tomorrow? After a huge wake-up call, today’s guest realized he needed to **take control of his financial future **as soon as possible. In just two years, he scaled to 10 rentals that bring in a whopping **$6,000 in monthly **cash flow)…and he’s not done yet!
Welcome back to the Real Estate Rookie** podcast**! Lorenzo Decaria thought his 18-year software engineering career was stable until his employer started making cuts. With his family’s finances in jeopardy and no backup plan, Lorenzo decided it was time to become self-sufficient. After a friend introduced him to real estate investing), Lorenzo committed all of his time and energy (and savings!) to buying rental properties), and in just two years, he has built a real estate portfolio) that brings in $6,000 a month. The best part? His ultimate goal—achieving financial freedom—is within reach!
In this episode, Lorenzo shares the secret to his rapid success—using the BRRRR method)** (buy, rehab, rent, refinance, repeat) **and reinvesting his profits back into his portfolio! You’ll also hear about the pitfalls of hiring shady contractors, the pros and cons of Section 8 investing, and how to maximize your cash flow by stabilizing your properties!
In This Episode We Cover
How Lorenzo built a 10-property rental portfolio in just TWO years
**Scaling fast* *with the BRRRR method **(buy, rehab, rent, refinance, repeat)
How to use real estate to achieve financial freedom and leave your nine-to-five
The keys to managing contractors, renovations, and evictions remotely
The pros and cons of Section 8 investing) (and why this strategy could change in 2025!)
How to** increase your cash flow** by stabilizing your rental properties
And **So **Much More!
Check out more resources from this show on BiggerPockets.com) and https://www.biggerpockets.com/blog/rookie-566)
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