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Welcome back to the Passive Wealth Strategies show. Today we meet our guest David \u201cDavid O\u201d Ounanian and he\u2019s going to share how he escaped the rat race, came up with the BRRRR method, and why you should invest in real estate.\n\xa0\nDavid \u201cDavid O\u201d Ounanian is the Founder of My Agent Investor.\xa0 He was a full-time software engineer who spent over a decade climbing the corporate ladder only to be trapped in financial debt and living paycheck to paycheck before he became an active real estate investor.\xa0 He has dreamed of financial freedom for his wife and children and through real estate, he has made passive income a reality.\xa0 Beginning in investing is a challenge and David O is passionate about helping new and out of state investors become financially free while avoiding the mistakes that he made starting out.\n\xa0\n[00:01 - 06:03] Opening Segment\n\xa0\nDavid O gives us an introduction about himself\xa0As a real estate agent and investor\nDavid O shares his journey as a software engineer to real estate investing\n\n\xa0\n[06:04 - 09:29] Escaping the Rat Race\n\xa0\nDavid O talks about his first deal\nTake the leap of faith\u201cI didn\u2019t know what I didn\u2019t know.\u201d\n\nLeverage fear\nGet help from experts\n\xa0\n[09:30 - 23:50] The BRRRR Method\n\xa0\nBuy, Rehab, Rent, Refinance, Repeat\nUsing the same capital in building a portfolio\nInvesting is Active and PassiveInfinite Return\nWorking with the experts\n\n\u201cMost agents suck.\u201dDavid O shares how his business started\nLooking using the financial lens\n\nTop 10 Reasons to Invest in Real Estate\xa0\n\xa0\n[23:51 - 33:01]\xa0 Closing Segment\n\xa0\nQuick break for our sponsors\nWhat is the best investment you've ever made other than your education?\xa0Single family house\n\nDavid O\u2019s worst investmentHis first deal\nNot knowing what he was doing and not getting any help\n\nWhat is the most important lesson that you've learned in business and investing?\u201cBegin with the end in mind.\u201d\n\nConnect with my guest. See the links below.\n\xa0\nResources mentioned:\nMy Agent Investor\n7 Baby Steps to Creating Rented Income\n\xa0\nTweetable Quotes:\n\u201cWe\u2019re not far from that scenario where you\u2019re not gonna need a real estate agent to buy a property.\u201d - David O\n\u201cYou better find an agent that\u2019s investing in real estate themselves.\u201d - David O\n\xa0\n------------\nConnect with David O through LinkedIn.\nFacebook: @agentdavido\xa0\nIG: @agentdavido\xa0\nVisit his website: https://www.agentdavido.com/ or http://www.wealthagents.com\xa0\n\xa0\nLEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes