BiggerPockets Real Estate Podcast - 22 Doors and Creating Generational Wealth w/Billy Dha Kidd

The term “generational wealth” wasn’t used often in Billy Dha Kidd’s early childhood. After growing up in El Salvador, he was used to no running water and no electricity. He likes to say that he didn’t start at zero but started at negative one-hundred. Billy’s family immigrated to the United States when he was 10 years old, moving first to California and then later to Nebraska. As a teenager, Billy began rapping as a way for him to express himself but found he loved the craft. Rapping allowed Billy to fill his time with something positive, instead of taking the wrong path many of his friends were on. His rap taught him sales skills, business skills, how taxes work, and most importantly, how to make money. Reading stories of generational wealth, Billy was compelled to start investing in real estate. He got his first deal, learned a lot about the BRRRR strategy, and continued to put his knowledge to work. Now, he’s sitting on twenty-two doors between eighteen different rental properties. He gives credit to simply taking responsibility for his outcomes, instead of blaming others or the system around him. ~~~~ Join BiggerPockets for FREE: https://www.biggerpockets.com/signup ~~~~ Connect with Billy: Instagram: @billydhakidd or https://www.instagram.com/billydhakidd/ Website: https://www.billydhakidd.com/ Youtube: https://www.youtube.com/c/BillyDhaKidd ~~~~ Pre-Order Billy’s New Book “The Power of Being Uncomfortable”: https://www.amazon.com/Power-Being-Uncomfortable-Successful-Life/dp/1667815598/ref=sr_1_3?keywords=The+power+of+being+uncomfortable&qid=1637355680&sr=8-3 ~~~~ The Ultimate Beginner’s Guide to Real Estate Investing: https://www.biggerpockets.com/ubg ~~~~ Listen to The Minority Report Real Estate Podcast: https://podcasts.apple.com/us/podcast/the-minority-report-real-estate-entrepreneurship-mindset/id1577419306 ~~~~ Building a Life of Financial Independence, Starting From Less Than Zero: https://www.biggerpockets.com/blog/biggerpockets-money-podcast-101-sunitha-rao ~~~~ Follow Brandon and David on Instagram: @beardybrandon or https://www.instagram.com/beardybrandon/ @davidgreene24 or https://www.instagram.com/davidgreene24/ Episode #542 Show notes at: https://www.biggerpockets.com/show542 0:00 Intro 3:26 Starting at Negative 100 11:11 22 Doors and Buying His First Deal 18:16 Building His Portfolio & BRRRRing 29:06 Managing His Empire 32:54 Shifting Your Mindset and Taking Responsibility 40:25 Systematizing and Franchising His Business 47:35 Future Plans 54:46 Famous Four