BiggerPockets Real Estate Podcast
I Bought My First Rental in 2021, Now I Have 19 and Replaced My Salary!
Apr 14, 2025
Lamontis Gardner, a former college football player and high school coach, shares his inspiring journey from a tight budget to owning 19 rental units that now replace his salary. He emphasizes practical strategies for investing without relying on cold calls or flashy tactics. Highlighting a transformative experience sparked by 'Rich Dad Poor Dad,' he discusses how collaboration led him to acquire multiple properties despite financial constraints. Lamontis also delves into the importance of creating quality living spaces and maintaining work-life balance in his rapidly growing real estate business.
38:03
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Quick takeaways
- Lamontis Gardner successfully transitioned from a full-time coach to a real estate investor, replacing his salary through strategic partnerships and investments.
- His method emphasizes practical lead generation techniques and balancing rental income with profitable house flipping to achieve long-term financial stability.
Deep dives
From Sports to Real Estate: A New Journey
A former college football player transitioned into real estate investing in response to the financial uncertainties brought on by the COVID-19 pandemic. Lamontis Gardner found himself with time on his hands after his coaching job was affected, prompting him to explore various resources, including podcasts and books, to educate himself about real estate. His investment journey began with a single rental property in Mobile, Alabama, which laid the foundation for his future deals. The motivation to gain control over his financial situation ultimately drove him to pursue real estate as a reliable income source.
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