Real Estate Rookie

BRRRR-ing to 16 Rental Units (WITHOUT a Ton of Money)

Feb 17, 2025
Seamus Nally, a savvy real estate investor, scaled to sixteen rental units using the BRRRR method and strategic partnerships. He shares his journey of transforming off-campus housing into a successful duplex and how teamwork with family helped fast-track his first deal. Learn how to leverage the BRRRR strategy to fund multiple properties, the importance of community among tenants, and tips for effective property management. Seamus also emphasizes the power of partnerships in navigating the complexities of real estate investing.
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ANECDOTE

First Real Estate Deal

  • Seamus's brother pitched a real estate investment idea based on his college business project.
  • The project focused on off-campus housing near Union College, leveraging family expertise in construction.
ADVICE

Partnering with Family

  • Partner with others for their expertise and diverse perspectives, especially family with shared knowledge.
  • Clearly define roles and communication boundaries to navigate the complexities of family partnerships.
ANECDOTE

BRRRR and Community Impact

  • Seamus and his family bought a dilapidated duplex for $40,000 and renovated it, improving the community.
  • This led to purchasing three more properties on the same block, increasing property values and community appreciation.
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