Real Estate Rookie

I Built a Real Estate Business That Replaced My High-Paying W2 (Here’s How)

12 snips
Dec 10, 2025
Stephen Keighery, a real estate investor and entrepreneur, transitioned from Australia to New Orleans, building a thriving business using wholesaling and the BRRRR method. He shares how he pocketed $250,000 on his first sight-unseen deal, which fueled his leap into full-time investing. Stephen discusses the importance of analyzing data to identify promising markets, leveraging his marketing skills to grow his network, and the strategies for sourcing off-market properties, all while managing risk and building lasting relationships in the real estate community.
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ANECDOTE

First Deal Sight Unseen

  • Stephen Keighery bought his first property sight unseen by relying on deep data and local property managers.
  • He used inspections and manager feedback to confirm condition and rentability before closing.
ADVICE

Buy Where Fundamentals Are Improving

  • Use census and listing data to find markets where incomes and infrastructure are improving but prices haven't fully jumped.
  • Target pockets adjacent to already-growing areas as a signal the market is about to rise.
ADVICE

Network By Being Curious

  • Build local connections by being curious and asking people what they do and how it works.
  • Show genuine interest and most real estate investors will happily share advice and help.
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