Background: Former accountant turned real estate investor and software entrepreneur.

From Spreadsheets to Rentals 💼➡️🏘️
Sharad Mehta began his career at Ernst & Young, one of the largest accounting firms globally. While he appreciated his job, he yearned for time and financial freedom. After reading The Millionaire Real Estate Investor, he decided to explore real estate opportunities within an hour’s drive from downtown Chicago.

In August 2010, he purchased his first rental property—a two-unit building—right after the 2008 housing crash. By September, he acquired a second property, and just a few months later, in March 2011, he took the leap to leave his job and focus on real estate full-time.

Balancing Work and Investment ⏰⚖️
During his time as an accountant, Sharad had to be creative with how he spent his time. He utilized lunch breaks, evenings, and weekends to search for properties, analyze deals, and make offers. His walkable commute allowed him to maximize every free moment.

Sharad and his wife, who is also an accountant, adopted a debt-free strategy inspired by Dave Ramsey. They lived on one income while saving the other, enabling them to buy their first properties in cash, which set a solid foundation for their investing journey.

Smart Investments 🧮📉
As an accountant, Sharad had a keen focus on numbers and profitability. His first property, purchased for $35,000, generated $1,200 a month in rent, resulting in an impressive 40% return. Realizing he was onto something, Sharad continued to build his portfolio, which now includes 61 units, most of which are paid off.

He didn’t stop at rentals; Sharad also began flipping 25-30 houses a year and managing his own property management company to streamline operations.

Launching REsimpli 🚀💻
After moving to Carlsbad, California, in 2015, Sharad recognized a gap in tools for managing real estate businesses remotely. This realization led to the creation of REsimpli, an all-in-one platform designed specifically for real estate investors.

With REsimpli, users can:

• Manage contacts and leads 📇
• Utilize a built-in dialer and texting tool ☎️📲
• Create websites 🖥️
• Send e-sign documents and upload property photos 📷
• Track finances with integrated bookkeeping—no QuickBooks needed! 💵📊

This platform streamlines operations, helping investors automate tasks and stay organized, which is crucial for scaling while maintaining a primary job.

Lessons for New Investors 🎓💡
Sharad’s journey provides valuable insights for anyone balancing a 9-to-5 with side hustles. Key takeaways include:

1. Use your time wisely: Every moment, even during lunch breaks or weekends, can be productive.
2. Start small: Get comfortable with the process before scaling up.
3. Understand your numbers: Knowledge of cash flow and returns is essential for success.
4. Stay educated: Continuous learning through reading, networking, and attending meetups is crucial.

Sharad’s Message to Aspiring Real Estate Investors 🌟
"If I could do it with a full-time job, anyone can," Sharad emphasizes. He encourages taking smart risks and being prepared for the worst-case scenario. Starting small and focusing on the numbers are key to building a sustainable business.

🎧 Tune in now to hear the full episode! Sharad’s story will inspire you to take action, whether you’re in a W-2 job or running a business while dreaming of a real estate empire.
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