BiggerPockets Real Estate Podcast
Making $60K Per Month with the Repeatable, Low-Risk Real Estate “Formula”
Mar 31, 2025
Welby Accely, a multimillionaire real estate investor, shares his straightforward strategy for making $60K monthly by investing in rentals. He emphasizes a low-risk approach, treating tenants well while purchasing properties under market value. Welby views every investment as a potential flip, maximizing profits through renovations. He reveals how to identify distressed properties and explains his 'offer formula' for securing substantial equity. With a focus on consistency, he discusses building a scalable portfolio even in challenging markets.
40:41
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Quick takeaways
- Welby's approach to real estate emphasizes treating tenants well and focusing on properties below market value to create significant equity.
- By strategically targeting distressed properties and leveraging technology, investors can quickly seize opportunities for renovation and value appreciation.
Deep dives
Every Deal as a Flip
Real estate deals inherently function as flips, regardless of investment strategy. Whether buying to sell or hold for rental income, all investors engage in flipping by purchasing properties at lower prices, improving them, and eventually monetizing their value. This perspective simplifies the investing process, focusing on fundamentals like buying properties below market value, adding value through renovations, and understanding the long-term appreciation potential. Emphasizing this concept fosters a mindset conducive to successful investing, allowing one to thrive in varying market conditions.
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