BiggerPockets Real Estate Podcast

839: From $10/Hour Janitor to Making $40K/Year in PASSIVE Income w/Darius Kellar

5 snips
Nov 2, 2023
Darius Kellar, a former janitor, turned real estate investor with over $1,000,000 in rental properties, shares his journey from financial difficulties to success. He reveals his strategies for buying properties at auctions, using the BRRR method, and dealing with challenges like sewer issues and property appraisals. With Darius's advice, you can make more money than you ever dreamed possible in real estate.
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ANECDOTE

First House Surprise

  • Darius Kellar bought his first house at auction for $9,100.
  • Upon inspection, he discovered it had no copper plumbing, electrical panel, or furnace, despite having switches and sinks.
ANECDOTE

Humble Beginnings

  • Before real estate, Darius lived with six other people in a two-bedroom house while working as a janitor.
  • He was earning $10 an hour and had $100,000 in student loan debt from pursuing graphic design and business administration degrees.
ADVICE

Sewer Camera Essential

  • Always use a sewer camera during inspections to check for potential plumbing issues.
  • This can save you thousands of dollars in repairs and prevent major disruptions for tenants.
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