Freedom with BRRRR Deals with Stephanie Cabral

Published: March 21, 2024, 6 a.m.

b'How can you use your unique strengths to succeed in real estate investing, despite starting with limited funds?\\n\\xa0\\nIn episode 714, host Taylor Loht sits down with Stephanie Cabral to talk about her journey from being an underemployed attorney to building a $3 million real estate portfolio as an accidental investor. Stephanie shares how she used the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy to build her portfolio, focusing on value-added improvements and creative financing techniques. She also shares her tips for managing properties remotely and the importance of building systems and teams to achieve time and location freedom. Stephanie\'s story is proof of the power of resourcefulness, determination, and seizing opportunities when they arise.\\n\\xa0\\n\\xa0\\n[00:00 - 06:05] From Underemployed Attorney to Real Estate Entrepreneur\\nHow Stephanie\'s journey began.\\nUsing a 203k loan for her first deal, gaining construction experience with minimal risk.\\nThe potential for appreciation and cash flow in real estate investing.\\n\\xa0\\n[06:06 - 13:38] Mastering the BRRRR Strategy\\nFocus on value-add improvements to maximize appreciation.\\nTechniques for cost-effective upgrades.\\nExploring creative financing options, such as hard money lending, private money, and tax credits.\\n\\xa0\\n[13:39 - 22:20] Building Systems and Teams for Time and Location Freedom\\nThe importance of creating checklists and standard operating procedures.\\nOutsourcing tasks.\\nDistributing the team to improve operations.\\xa0\\n\\xa0\\n[22:21 - 29:37] Advice for Aspiring Investors\\nFocusing on competitive advantages.\\nBuilding relationships with potential partners.\\nThe benefits of self-managing properties for better tenant quality and cash flow, as well as the option of passive investing through syndications.\\n\\xa0\\nQuotes:\\n\\xa0\\n"The more nos you get, the closer you are to a yes." - Stephanie Cabral\\n\\xa0\\n"What are your competitive advantages, and how can you take advantage of that?" - Stephanie Cabral\\n\\xa0\\n"If you start a business that depends entirely on you, you didn\'t buy a business, you bought a job." - Stephanie Cabral, referencing Michael Gerber\'s "The E-Myth"\\n\\xa0\\nConnect with Stephanie Cabral:\\xa0\\nWebsite: https://www.theleanlandlord.com/\\nInstagram: https://www.instagram.com/leanlandlord/\\n\\xa0\\nApply to Invest with Taylor at www.investwithtaylor.com\\nTrack your wealth for free with Personal Capital, go to www.escapingwallstreet.com\\nPlease leave a review and help others escape Wall Street and build wealth on Main Street!'