Ever feel like you’re on the real estate hamster wheel — earning big commissions that disappear just as fast? In this episode, David sits down with Phil Greely, a Seattle agent who finally broke that cycle by building his own rental portfolio. Phil explains how Seattle’s unique housing laws opened the door for him to turn one property into multiple income streams — including a $1.3M deal — and how he’s using real estate investing to buy back his time and create lasting freedom.

KEY TALKING POINTS:

0:00 - Intro

0:10 - An Overview Of Phil Greely’s Real Estate Career

5:21 - An Example Of The The Numbers On One Of His Deals

8:13 - Lessons He Learned

12:24 - How They’re Approaching Construction

16:20 - The Real Estate Opportunity In Seattle Right Now

19:05 - How Being An Agent Helped Him Start Investing

24:00 - How He Finds His Deals

27:20 - His Goals Right Now

31:04 - What Phil Hopes To Learn At The Springboard Event

37:42 - The Podcast He Used To Do

38:29 - Where To Find Phil

39:13 - Outro

LINKS:

Instagram: Phil Greely

https://www.instagram.com/phil.greely/

Facebook: Phil Greely

https://www.greelygroup.com/

Instagram: David Lecko

https://www.instagram.com/dlecko

Website: DealMachine

https://www.dealmachine.com/pod

Instagram: Ryan Haywood

https://www.instagram.com/heritage_home_investments

Website: Heritage Home Investments

https://www.heritagehomeinvestments.com/

437: Agent Decided To Build A Rental Portfolio—Here's Why