171. How to Build Your Real Estate Portfolio with Other People’s Money

Jan 20, 2025

Eric Moeller, founder of FreeWyld, a unique cabin rental company, shares his incredible journey in real estate. He reveals how he built a $75,000 monthly income without using his own money by leveraging other people's investments. Eric discusses the pivotal influence of 'Rich Dad Poor Dad' on his approach, his first house flip at 18, and the power of storytelling in branding. He emphasizes the importance of community and authenticity on social media, while advocating for sustainable growth over rapid scaling. This is a must-listen for aspiring entrepreneurs!

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ANECDOTE

First Flip at 18

Eric Moeller was inspired by "Rich Dad Poor Dad" to pursue real estate, flipping his first house at 18.
Leveraging his father's credit, he bought a fixer-upper, renovated it while working as a carpenter, and profited.

ADVICE

Focus on Assets

Focus on acquiring assets that generate income, even while you're not actively working.
Differentiate between assets and liabilities to build long-term wealth.

ANECDOTE

Leveraging OPM

Eric Moeller's Freewyld project required significant capital, leading him to seek investors.
He believes in leveraging other people’s money (OPM) for faster asset scaling and generational wealth building.

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How do you build a $75,000 per month real estate business without having money of your own? In this episode, we dive into the inspiring journey of Eric Moeller, founder of Freewyld, who proves that you don’t need money to get started in real estate.

Eric shares how he leveraged other people’s money (OPM) and strategic borrowing to acquire properties and scale his unique cabin rental business. From flipping his first house at 18 to redefining the hospitality industry, Eric reveals his secrets to using storytelling, intentional design, and a strong company culture to build a thriving brand.

Whether you’re just starting out or ready to scale, this episode is packed with actionable insights to fuel your entrepreneurial growth.

Key Takeaways:

How reading Rich Dad Poor Dad inspired Eric to start using other people’s money (OPM) to invest.
The story of buying and flipping his first house at 18, showing that you don’t have to have money to get started.
Why borrowing money and working with investors is critical for scaling a real estate business.
Why unreasonable hospitality has built his brand.
How Airbnb serves as a key channel for driving bookings and profitability.
Why authenticity on social media helps build deeper connections with your audience.
The value of surrounding yourself with positive, growth-oriented people.
A step-by-step guide to setting measurable goals and staying accountable.
How success should push you to keep learning, growing, and aiming higher.

Resources:

Launch Your Business in 10-Days Guaranteed: https://bit.ly/40GOkYJ
Connect with Eric: https://www.instagram.com/stayfreewyld/

Ready to be your own boss without starting from scratch? Grab our FREE Franchise Guide and unlock the secrets of proven business models that have already created thousands of success stories.

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Thanks for listening!