BiggerPockets Real Estate Podcast

638: Making a Profitable Pivot Out of Regular Rentals and into Vacation Investing w/Brian Davila

Jul 21, 2022
Brian Davila, a real estate investor who transitioned from agent to flipping houses, shares his insights on pivoting to short-term rentals. He discusses the challenges of rising interest rates and the limitations of traditional rentals, prompting his shift to vacation properties for better cash flow. Brian's inspiring journey from a modest beginning to a successful investor reflects his determination and adaptability. He also emphasizes the importance of innovative strategies and understanding market dynamics in the evolving real estate landscape.
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ANECDOTE

Realtor Inspiration

  • Brian Davila, inspired by a realtor's apparent success, decided to pursue real estate.
  • He was working at a barbershop and impressed by a realtor's car and watch.
ANECDOTE

Cold Calling Success

  • Brian Davila got his real estate license and became a top producer by cold calling.
  • He drew inspiration from Mike Ferry's training and called expired listings, for sale by owners, and notices of default.
ANECDOTE

BMW Before Sale

  • Brian Davila bought a BMW before his first sale, motivated by a teacher's speech about achieving dreams.
  • This bold move reflected his belief in investing in himself and his future career.
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