Derek Tellier
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In this episode Greg is joined by Kim Scully and they speak with investor Derek Tellier. Derek speaks openly about his journey this far as an investor, real estate agent, full-time W2 employee and maintaining the mindset to make it all work while always looking, and moving, forward.
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After working for 20+ years in a blue collar W2 job, Derek listened to Rich Dad, Poor Dad and realized the opportunities that real estate could offer for wealth building and financial freedom. That lead to an extreme shift in mindset and a focus on education and getting heavily involved in all things real estate. Which included starting a meet up in October of 2018. After overcoming a few obstacles, he purchased his first investment single family home in June of 2019, with none of his own money.
Just one year later, Derek owns five homes, including two long term rentals generating $350/month each in cash flow, one short term rental generating $1000/month in cash flow and a house he just completed a flip on.
Derek is now working for The Short Term Shop Real Estate Team, who are dedicated to helping investors buy and learn to self-manage short term rentals in the Smoky Mountains and Panama Beach areas.
He continues to host the Teat TN REI Meet Up which meets the last Thursday of every month in the greater Knoxville area and is all about networking.
Derek is also continuing to remodel homes in the area and as of today still working his full time W2 job as well!
You can reach Derek at the following:
865 285 5782
Personal Facebook \\u2013 www.facebook.com/derek.tellier.3
Meet Up Facebook \\u2013 www.facebook.com/easttnrei
Books and Authors Mentioned \\u2013\\xa0
Rich Dad Poor Dad \\u2013 Robert Kiyosaki
Big Leap - Gay Hendricks
Extreme Ownership - Jocko Willink, Leif Babin
Eat That Frog \\u2013 Brian Tracy
Ryan Holiday
AirDNA = https://www.airdna.co/
Beyond Pricing -https://beyondpricing.com/
Pricing Labs - https://hello.pricelabs.co/
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Thanks for listening, as always, a positive review and sharing is much appreciated.
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\\xa0Find us at:
\\xa0www.realwealth.solutions
or on Facebook at:
\\xa0https://www.facebook.com/Real.Wealth.Solutions.TN/
Greg Scully
\\xa0Greg@realwealth.solutions
Darren Light
\\xa0Darren@realwealth.solutions
Thanks for listening we hope you enjoy the episode as much as we enjoyed recording it.
- Greg, Darren & Kim
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