After quitting his tech job and even spending 3 months travelling around the US, Kellan James has still managed to scale his real estate portfolio to 83 doors in London, Ontario.
What is even more amazing is that he has done all this with no partners and his own money in only 7 years.
Kellan has been using the principles of BRRing, living frugally, and carefully managing debt to make his real estate investing dreams a reality.
More recently though his strategy for managing and acquiring property is critically in question because of interest rate shifts.
Tune in to the full episode to hear how he has tackled this challenge.
In this episode, you will be able to:
- Uncover the potential of achieving financial freedom by mastering the BRRRR real estate method.
- Realize the significance of strategic planning, focus, and discipline in smart investing.
- Discover the benefits of conventional financing models and credit unions in accelerating growth.
- Learn the essentials of building strong relationships for thriving in the real estate industry.
- Appreciate the value of mentorship and unbiased advice on your investment journey.
My special guest is Kellan James a successful real estate investor and entrepreneur, who has built an impressive portfolio of 83 units in London, Ontario, with no partners.
Starting his journey in 2016, Kellan has achieved financial independence through strategic investing and a focus on long-term rentals. With a passion for financial freedom and a keen understanding of the importance of strong relationships, Kellan has become an expert in the buy, renovate, rent, and refinance (BRRR) strategy. His ability to adapt and maintain a frugal lifestyle has allowed him to scale his investments quickly while maintaining full control of his assets.
The resources mentioned in this episode are:
- Visit the BiggerPockets website and set an alert for your local city to connect with other real estate investors in your area.
- Focus on the basics of real estate investing, such as the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy.
- Consider scaling your investment portfolio without partners to retain full control and maximize profits.
- Be cautious of over-leveraging and borrowing too much for down payments to avoid financial risks.
- Join or create meetup groups to network with other like-minded real estate investors.
- Implement frugal living habits to save money towards down payments for investment properties.
- Consider investing in larger multifamily properties to increase cash flow and grow your portfolio.
- Keep an eye on interest rates and adjust your investment strategy accordingly to maintain a safe financial position.
- Continuously educate yourself on real estate investing through podcasts, books, and online resources.
- If interested in coaching, consider reaching out to Kellan James for guidance and advice on real estate investing strategies.
Connect with Kellan James
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