Invest Like a Billionaire Making alt investing a family affair with Darrell Gargala
Jun 17, 2025
Darrell Gargala, a retired Air Force veteran turned real estate investor, shares his inspiring journey to building a seven-figure portfolio. He discusses how he keeps his projects dynamic and the crucial role of involving his children in wealth creation. Darrell emphasizes the importance of family collaboration in real estate, explains strategies for leveraging equity, and highlights their goal of achieving a $20 million net worth through a family LLC. He aims to instill financial literacy in the next generation while fostering a passion for investing.
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Early Real Estate Journey
- Darrell Gargala began investing in rental properties by default while moving with the Air Force.
- He transitioned from managing single-family homes to flipping houses after retiring early.
Shift to Multifamily Investing
- Darrell shifted to multifamily investing around 2017 to reduce management complexity.
- He bought a 24-unit and a 40-unit apartment building using a 1031 exchange.
Breckenridge Condo Success
- Darrell bought a condo in Breckenridge for $270k in 2004 and personally rehabbed it.
- He sold it years later for about $800k, achieving significant appreciation.
