How to Build a Rental Portfolio FAST Without Tons of Time or Money

Episode #778

Grab Niti and Palak’s new book and use promo code “ARE778” at checkout : https://www.biggerpockets.com/AREbook?utm_source=youtube&utm_medium=description&utm_campaign=none

If you want to build a rental portfolio, you need to know how to scale the right way. Buying a property every year or two is good, but it won’t give you the financial freedom you desire. However, if you know how to double, triple, or quadruple the amount of real estate you’re acquiring without adding tons of tasks (or stress) to your plate, you could be financially independent faster than you’ve ever thought. This is precisely what Niti Jamdar & Palak Shah did, building a ten-million-dollar real estate portfolio in less than a decade.

As two burnt-out corporate workers, Niti and Palak were tired of putting their jobs before their future family. So after having children, they realized it was time to start building something that would help them regain their freedom instead of shackling them to golden handcuffs. With a busy schedule and little time, Niti and Palak were forced to automate, delegate, and systematize their real estate business. And now, you can copy their exact steps.

In their newest book, “Accelerate Your Real Estate: Build a Hands-Off Rental Portfolio with the SCALE Strategy,” Niti and Palak uncover the five-step system to unlock eight-figure wealth. They used this same strategy to build their portfolio with little free time or money to throw at projects. In this episode, they’ll review these five BRRRR-inspired steps, explain why today’s market isn’t what most people think it is, and debunk the myths that’ll stop you from investing.

~~~~
Join BiggerPockets for FREE 👇
https://www.biggerpockets.com/signup?utm_source=owned_media
~~~~
Expand Your Investing Knowledge With the BiggerPockets Books:
https://store.biggerpockets.com/?utm_source=owned_media
~~~~
Find an Investor-Friendly Agent in Your Area:
http://biggerpockets.com/agentmatch
~~~~
Find Investor-Friendly Lenders:
http://biggerpockets.com/lendermatch
~~~~
Grab the New Book:
https://www.biggerpockets.com/AREbook?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Pick Up Some of David Greene’s Best Selling Books:
https://store.biggerpockets.com/collections/more-by-david-greene?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
The Psychology of Money:
https://store.biggerpockets.com/products/psychology-of-money?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Hear Our Past Interview with Palak:
https://www.biggerpockets.com/blog/biggerpockets-podcast-368-palak-shah?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Connect with Niti and Palak:
Niti's BiggerPockets: https://www.biggerpockets.com/users/nitipalak?utm_source=youtube&utm_medium=description&utm_campaign=none
Palak's BiggerPockets: https://www.biggerpockets.com/users/palaks4?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagrams:
@rewealthblueprint or https://www.instagram.com/rewealthblueprint/
@openspaceswomen or https://www.instagram.com/openspaceswomen/
~~~~
Connect with Rob (Robuilt):
Instagram: https://www.instagram.com/robuilt/
TikTok: https://www.tiktok.com/@robuilto
Twitter: https://www.twitter.com/robuiltchannel
YouTube: https://www.youtube.com/c/Robuilt
~~~~
Connect with David and Rob on BiggerPockets:
David: https://www.biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
Rob: https://www.biggerpockets.com/users/robuilt?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Follow David and BiggerPockets on Instagram:
@davidgreene24 or https://www.instagram.com/davidgreene24/
@biggerpockets or https://www.instagram.com/biggerpockets/

Show notes at: https://www.biggerpockets.com/blog/real-estate-778?utm_source=youtube&utm_medium=description&utm_campaign=none


00:00 Intro

02:27 Quick Tip

03:20 Quitting Corporate

10:04 Scaling with Little Time or Money

13:10 The SCALE System

16:41 Is BRRRR Still Worth It?

26:55 1. Buying and Analysis

31:22 2. Rehabbing and Construction

37:02 3. Renting and Adding Cash Flow

41:28 4. Refinancing and Leveraging Your Loan

46:54 5. Repeating and Exponential Growth

54:16 Connect with Palak and Niti!