BiggerPockets Real Estate Podcast

Making $60K Per Month with the Repeatable, Low-Risk Real Estate “Formula”

25 snips
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.
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INSIGHT

Every Deal Is a Flip

  • All real estate investing is essentially flipping, whether it's wholesaling, traditional flipping, or buy-and-hold.
  • This mindset simplifies the investment approach and focuses on adding value and exiting profitably.
ADVICE

Target Distressed Properties

  • Focus on distressed or underperforming properties to add value.
  • Avoid turnkey properties; seek opportunities to improve and increase rents or sale price.
ADVICE

Find On-Market Deals

  • Find deals on the MLS, Zillow, Redfin, and Realtor.com, utilizing notifications.
  • Build relationships with realtors for additional deal flow and market insights.
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