Real Estate Rookie

17 Units in 3 Years During High Rates with This Low-Risk “BRRRR” Strategy

Mar 3, 2025

Joe Escamilla and Sam Farman, college teammates turned savvy real estate investors, reveal their remarkable journey of amassing a 17-unit portfolio in just three years using the innovative delayed BRRRR strategy. They discuss the importance of having the right partner in real estate investment and share their insights on navigating market challenges, particularly during high interest rates. With a focus on strategic deal finding and effective communication with investors, they illustrate how to leverage private capital to build a successful rental portfolio.

36:13

Episode guests

Sam Farman

Joe Escamilla

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Episode notes

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Quick takeaways

Sam and Joe successfully implemented a hands-on approach to the BRRRR strategy, transforming properties and significantly increasing their rental income.

Their transition to a syndication model allowed them to involve friends and family in investments, enhancing community trust and spreading financial risk.

Deep dives

Establishing a Strong Partnership

Sam and Joe's partnership in real estate stems from a long-standing friendship developed during their college soccer days. They both interned at a mortgage company and a property management firm, giving them insights into the real estate sector. Motivated by the desire to generate passive income, they discovered the BiggerPockets platform, which fueled their learning and ambitions in real estate investing. This solid foundation of friendship and shared experiences has proven invaluable in their journey as business partners.

Intro

2min

From College Friends to Real Estate Investors

5min

Finding the Right Real Estate Markets for Personal Success

3min

Navigating Real Estate Challenges in 2021

10min

Navigating Partnership Dynamics and Investor Expectations

4min

Navigating Rental Property Insurance and Financing Solutions

3min

Transforming Real Estate in Scranton

10min

These two college teammates built a sizable real estate portfolio in just three years by using what they call the “delayed BRRRR strategy.” They’ve used this specific real estate investing tactic (and the regular BRRRR strategy) to turn one duplex into more than a dozen rental properties for their portfolio. They didn’t start with a ton of money and only got into investing together in 2021 when housing competition was high, and rates were soon to rise sharply. So, how does their strategy work, and how can YOU use it to buy more rental properties?

In this episode, these innovative investors, Joe Escamilla and Sam Farman, talk about why it’s CRUCIAL to have great real estate investing partners and how choosing the right one can be the rocket fuel you need to build a financial freedom-enabling rental property portfolio. They share the new “BRRRR” strategy (buy, rehab, rent, refinance, repeat) they’re using to get steady real estate cash flow AND boost their equity at the same time.

We’ll also talk about raising private capital and creating your own real estate syndication so you can buy more real estate using other people’s money and pass along the returns to your investors. Joe and Sam have built a real estate portfolio most investors can only dream of achieving, and they did it all in only three years, during high rates, and while working full-time jobs. Stick around to hear how you can do it, too!

In This Episode We Cover:

The new-and-improved “BRRRR” strategy that lets you “recycle” your money

Signs of a perfect real estate partner and why getting this right is CRUCIAL for growth

Cash-out refinancing to reinvest in real estate and grow your portfolio faster

Why you DON’T want to sit on the sidelines while rates are high and competition is low

Syndications and how to raise money for your next real estate deal

And So Much More!

Links from the Show

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