BiggerPockets Real Estate Podcast
Financial Freedom in 11 Years Thanks to This “Perfect” Rental Strategy
Mar 10, 2025
Join Jon Kessler, a real estate investor from Baltimore, who achieved financial freedom in just 11 years using the BRRRR strategy. He reveals how he got paid $50,000 to buy his first cash-flowing rental property and how he repeated this success multiple times. Jon shares his transformation from being an accidental landlord with a negative equity home to building a robust rental portfolio while juggling a full-time job and family life. Tune in to learn about the 'perfect BRRRR' strategy and the importance of adaptability in real estate investing!
38:01
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Quick takeaways
- Jon Kessler's journey illustrates how the BRRRR strategy facilitated his transition from struggling homeowner to a successful real estate portfolio owner in just 11 years.
- The investor's shift from active property management to passive income through partnerships highlights the importance of adaptability in achieving long-term financial sustainability.
Deep dives
The Journey of Accidental Landlording
An investor shared how he became an accidental landlord after being unable to sell his first home during the 2008 real estate correction. Originally purchased for $150,000 in 2006, the property's value plummeted to around $90,000, leaving him underwater. Faced with the dilemma of selling and losing his down payment or renting, he opted for the latter, learning the ropes of landlordship without initially intending to be an investor. This hands-on experience initiated his real estate journey, leading him to eventually accumulate multiple rental properties.
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