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?
In This Episode We Cover
Welby’s unbeatable “offer formula” to get discounted real estate deals with HUGE equity upside
Why Welby believes every investment is a “flip” and how it’s made him millions
How to find real estate deals ON-MARKET by simply browsing listing sites and activating notifications
Why Welby always puts more money down on his properties (and it pays him back BIG time)
What you can offer (that isn’t money) to get a seller to accept your bid
And So Much More!
(00:00) Intro
(01:32) NEVER Buy “Cheap” Real Estate
(03:54) Every Investment is a “Flip”
(06:13) ONLY Buy These Properties
(09:32) 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!
Check out more resources from this show on BiggerPockets.com and https://www.biggerpockets.com/blog/real-estate-1102
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