Real Estate Investing with the REI Mastermind Network

BRRRR Method Explained: Escape the Rat Race in 5 Years! w/ Michael Hoang


Listen Later

Want to escape the rat race and build generational wealth through real estate investing? In this episode, Michael Hoang breaks down the proven BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) that allowed him to leave the 9-to-5 grind in just five years! Michael shares actionable insights into finding off-market deals, working with distressed property owners, and leveraging creative financing strategies to grow a real estate investment portfolio.

🔥 Key Takeaways from the Episode:

  • How to master the BRRRR method for strategic renovations and long-term success.
  • Tips for finding off-market properties and working directly with sellers.
  • The importance of building a network and creating win-win relationships with realtors.
  • Overcoming common lies real estate investors tell themselves, like "I don’t have enough money."
  • Using private lending and joint ventures to fund your real estate deals.
  • Why consistent marketing is critical to scaling your investment portfolio.

Michael shares his inspiring journey, practical strategies for creating a real estate investment strategy, and how you can take the first step toward financial freedom today.

💡 Motivational Quote: "You are more ready than you think you are. Just get started!"

🚀 Connect with Michael Hong:

Follow Michael on Instagram: @MichaelBeSomeone to learn more about his journey and strategies for building generational wealth.

✅ Ready to level up?

  • Subscribe to the REI Mastermind Network for more expert advice and inspiring success stories!
  • Like and share this video with friends looking to achieve financial freedom through real estate.
  • Drop a comment and let us know your biggest takeaway from this episode!

🌟 Support the Show:

Help us keep bringing you amazing content! Subscribe to the podcast and consider supporting the show through our sponsors.

Whether you're a seasoned real estate investor or just starting out, this episode is packed with insights to help you create a lasting impact in your life and community. Remember, every real estate deal has the potential to turn into a wealth-building opportunity with the right strategy and mindset. Don’t wait—start building your generational wealth today!

#BRRRRMethod #RealEstateInvesting #RealEstateInvestor #InvestmentPortfolio #REIMastermindNetwork #GenerationalWealth #RealEstateInvestmentStrategy #MultifamilyAssets #Section8

#wholesalerealestate #financialeducation #realestatemarket #propertymanagement #realestaterookie

CHAPTERS:

00:00 - Intro

00:54 - Escaping the Rat Race in 5 Years

01:45 - Finding Properties Off Market

06:07 - Answering the Phone

09:52 - Where to Find Your First Property

11:27 - What Happens After You Close

13:39 - Michael B's Standard Operating Procedure (SOP)

16:56 - The Real Problem Behind the Scenes

20:02 - Sometimes These Conversations Take Time

21:33 - What Should We Have Talked About

22:59 - Real Estate Investor Myths

23:20 - Advice for Younger Self

23:50 - Book Recommendation

24:10 - Time-Saving Tools for Business

25:27 - Where Can People Find You

RealDealCRM.com

RealDealCRM is your Real Estate Investing Virtual Assistant. A Real Estate Investing CRM for Real Estate Investors created by Real Estate Investors. SMS, Stealth Voicemails, Phone, Voicemail, Funnels, and AUTOMATION in a single platform! Check out more details at RealDealCRM.com

LIKE • SHARE • JOIN • REVIEW

  • Website
  • Join the REI Mastermind Network on Locals!
  • Apple Podcasts
  • Google Podcasts
  • YouTube
  • Spotify
  • Stitcher
  • Deezer
  • Facebook
  • Twitter
  • Instagram

SUPPORT THE SHOW!

  • Self Managing Your Rental Properties? Get 6 months of RentRedi for $1! Click this link!
  • If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.
  • Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.
  • Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumo
  • Get $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729

"You can invest 10,000 hours and become an expert or learn from those who have already made that investment." - Jack

Mentioned in this episode:

RealDealCast

RealDealCast Links:

YouTube: https://www.youtube.com/@RealDealCast
Podcast: Look for RealDealCast

...more
View all episodesView all episodes
Download on the App Store

Real Estate Investing with the REI Mastermind NetworkBy REI Mastermind Network | Real Estate Investing

  • 5
  • 5
  • 5
  • 5
  • 5

5

80 ratings


More shows like Real Estate Investing with the REI Mastermind Network

View all
The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action by The Real Estate Guys

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

715 Listeners

BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,810 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

988 Listeners

Rental Income Podcast With Dan Lane by Rental Income Podcast

Rental Income Podcast With Dan Lane

821 Listeners

Passive Real Estate Investing by Real Estate Investing with Marco Santarelli, Investor and Entrepreneur.

Passive Real Estate Investing

979 Listeners

Lifetime Cash Flow Through Real Estate Investing by Rod Khleif

Lifetime Cash Flow Through Real Estate Investing

1,409 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

420 Listeners

Master Passive Income Real Estate Investing by Master Passive Income Network

Master Passive Income Real Estate Investing

256 Listeners

Real Estate Investing with Coach Carson by Chad Coach Carson

Real Estate Investing with Coach Carson

588 Listeners

One Rental At A Time by Michael Zuber

One Rental At A Time

137 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,824 Listeners

BiggerPockets Daily by BiggerPockets

BiggerPockets Daily

322 Listeners

On The Market by BiggerPockets

On The Market

886 Listeners

The BetterLife Podcast: Wealth | Real Estate Investing | Life by Brandon Turner & Cam Cathcart

The BetterLife Podcast: Wealth | Real Estate Investing | Life

819 Listeners

The David Greene Show by David Greene

The David Greene Show

679 Listeners