Our guest, Rich Bregenzer, shares his inspiring journey from construction worker to successful business owner and real estate investor. WIth the help of his wife, Rich was able to build Stella Electric into a powerhouse contracting business in just a few years, and now grosses $2.6m/year with 17 employees. Using the profits from his contracting business, Rich has grown his real estate portfolio to 15 doors across six properties, primarily by using the BRRRR strategy. Once rully rented out, Rich’s current portfolio will net him approximately $11k/month in passive cash flow, all from a $1.2M portfolio value. In our conversation, Rich emphasizes the importance taking action and overcoming fear to achieve financial independence and create a better future. Tune in to hear Rich’s horror story about a recent deal involving a hidden log cabin. There are many lessons to be learned!You can connect with our guest on his website www.stellaelectricllc.com/. Are you interested in finding great off-market investment opportunities? We’ve partnered with DealMachine to help bring great deals to your doorstep. All you have to do is sign up with DealMachine and use the code THEREALFI at signup. Patrick and I are clients of DealMachine and have made a lot of money using their services. We hope you do too!Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to [email protected] and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!You can connect with you hosts on instagram:James on Instagram: @James_RippeonPatrick on Instagram: @RentalPropertyCoupleWatch on Youtube. Sign up for our newsletter to stay informed.Let's kick the 9 to 5!Decide. Commit. Take Action!

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related