BiggerPockets Real Estate Podcast - Making $60K/Month with On-Market, Low-Risk, Repeatable Rentals

Episode # Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab Henry’s Book “Real Estate Deal Maker”: https://store.biggerpockets.com/products/real-estate-deal-maker?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find an Investor-Friendly Agent in Your Area: http://biggerpockets.com/agentmatch BiggerPockets Real Estate 464 - Scammed, Cheated, But Still Coming Out with 50 units with Welby Accely: https://www.biggerpockets.com/blog/biggerpockets-podcast-464-welby-accely?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Welby: https://www.biggerpockets.com/users/accelyw?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none Today’s guest makes $60,000 per MONTH the old-fashioned real estate investing way. He buys rentals you can find on any real estate listing site, uses his own money to invest, doesn’t need “creative financing” techniques to fund the deal, and treats his tenants well. This is a real estate portfolio anyone can repeat, and it has made Welby Accely a multimillionaire in just over a decade, even after he lost everything (three times!). In a time when every real estate guru is trying to get you into the lowest-money-down deal with the most risk and the shallowest margins, Welby takes it the whole other direction. His simple offer “formula” allows him to buy properties under market value, fix them up, get them rented, and refinance out to create an “infinite return.” Basically the BRRRR (buy, rehab, rent, refinance, repeat) strategy, but EVEN safer. How does he find rentals that are (almost) always worth more than what he pays for them? Welby says, “Every deal is a flip,” meaning if you buy rentals like a flipper would, your profit margins massively multiply, and you reap huge financial benefits. Welby is a REAL real estate investor, giving you a real strategy you can use in 2025, even with high interest rates. The question is, will you take advantage of it like Welby did? 0:00 Intro 1:32 NEVER Buy “Cheap” Real Estate 3:54 Every Investment is a “Flip” 6:13 ONLY Buy These Properties 9:32 How to Find On-Market Deals 15:29 The Easy Offer Formula 18:02 Put MORE Money Down 23:21 $4,300/Month Cash Flow (ONE Property) 27:55 Offer More Than Money 32:02 Follow Welby’s Formula!