Scadi Etienne is one of the most INSPIRING real estate investors in the game, earning eye-popping returns while serving as a compassionate landlord to his low-income tenants.
Born in Brooklyn to an immigrant mother, Scadi’s family was evicted 8 times throughout his childhood. Despite those challenges, he excelled in school and joined the military, where he discovered the transformative power of real estate investing.
In this episode, Scadi shares his unique "human first" approach to investing in C- and D-class properties, emphasizing the importance of understanding and connecting with tenants from similar backgrounds. He discusses his strategies for finding deals, building relationships with wholesalers, and navigating the challenges of investing in New York and Baltimore.
Scadi also talks about:
- Why he ate tuna fish EVERY DAY for 6 months after buying a condo (despite having 6-figures saved!)
- The CRAZY appreciation on his Bed-Stuy 3-Family (now worth over $2 million)
- His secret to being INSANELY selective and only doing 30% cash-on-cash deals
- Why compassion is his secret weapon in the dog-eat-dog world of real estate investing
- Why he REFUSES to raise money from others (and how newbies get burned)
Books Mentioned:
- Rich Dad Poor Dad by Robert Kiyosaki
- Cashflow Quadrant by Robert Kiyosaki
- The Bible
Connect with Scadi:
Instagram: https://www.instagram.com/iamscadi/
Connect with Brandon:
📸 Instagram: https://www.instagram.com/beardybrandon
💻 BetterLife Tribe, Brandon’s Real Estate Investing Mastermind: https://abetterlife.com/
📸 BetterLife Tribe’s Instagram: https://www.instagram.com/betterlife/
💻 Open Door Capital, Brandon’s Real Estate Investing Company: https://odcfund.com/
📸 Open Door Capital’s Instagram: https://www.instagram.com/opendoorcapital/
Connect with Cam:
📸 Instagram: https://www.instagram.com/cam.cathcart/
💻 Deal Flow Real Estate, Cam’s Real Estate Investing Mastermind: http://dealflowrealestate.com/
💻 Revel City Homebuyers, Cam’s Real Estate Investing Company: https://revelcityhomebuyers.com/
📸 Revel City Homebuyers’s Instagram: https://www.instagram.com/revelcityhomebuyers/
Scadi’s charitable cause (100% of ad revenue goes here):
- The Brooklyn Bank, A community-based 501c3 nonprofit organization that fosters financial independence among communities of color through teaching financial literacy.
🙏 SHOW SPONSORS
• TurboTenant: Market your rental, screen tenants, and collect rent… all in one place! Use the code BRANDON10 to get 10% off upon sign-up at https://go.abetterlife.com/turbotenant_pod Or check out all of their incredible FREE resources for landlords at https://go.abetterlife.com/toolbox_pod
• BallPoint Marketing: These guys know how to find deals… BallPoint Marketing is the leader (and the company that I use) for all things direct mail marketing! They’ll write the postcards, send them out, build out a CRM, and even field the calls for you! All you have to do is go to https://go.abetterlife.com/bp_pod for a strategy call and a discount!
Interested in building wealth without losing your soul? Join the BetterLife Tribe here: https://join.abetterlife.com/tribe
The BetterLife Podcast