Real Estate Rookie How to Build a Rental Portfolio (Fast) That Gives You Financial Freedom
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May 7, 2025 Niti Jamdar and Palak Shah are real estate investors who together built a $10 million rental portfolio in just four years. They share their journey of escaping the corporate grind and achieving financial freedom. The duo introduces the SCALE framework for the BRRRR strategy, making it accessible for beginners. Listeners will be intrigued by their tips on managing rehab projects, leveraging commercial financing, and maximizing property value through strategic appraisals. Get ready to learn how to accelerate your real estate investments like pros!
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Realizing Corporate Life Isn't Enough
- Palak recalls pumping breast milk during a conference call and feeling trapped in corporate life.
- This moment sparked their commitment to exit corporate jobs and prioritize family time through real estate.
Mastering Rehab Management
- Vet 10-15 contractors to find the right fit and always build 10-15% contingency into rehab budgets.
- Use third-party inspections and phased payments to manage rehab risk and keep projects on track.
Boosting Appraisal Values
- Prepare a detailed document with before/after photos and comp data for appraisers.
- Meet appraisers on-site to ensure they recognize all property features and improvements to maximize appraisal.