Episode #839
Darius Kellar went from making $10/hour as a janitor to a real estate investor with over $1,000,000 in rental properties in less than a decade. By taking advantage of property auctions and investing in areas that most real estate investors wouldn’t even consider, Darius has built a real estate portfolio that will soon bring in six figures in rent every year, most of which he’ll get to keep. How he did it was a lot simpler than you’d expect.
Before real estate, Darius had $100,000 in student debt, was making a close-to-unlivable wage, and knew he needed a way out. He bought his first home six years after the Great Financial Crisis in an economically devastated city. Darius couldn’t get a mortgage and needed to save up to get out of the two-bedroom house he was sharing with six other people. Once he closed on his first house, he knew he had to repeat the system. But this wasn’t easy.
Darius has seen everything from sewer problems to stripped copper piping and wiring, no electric hookups, and renovation headaches, but he never stopped. Now, he makes as much passive income per year as many people’s full-time jobs and can show you how to do the same so you can make more money than you ever dreamed possible.
~~~~
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/findlenders
~~~~
Connect with Other Investors on the BiggerPockets Forums:
https://www.biggerpockets.com/forums?utm_source=owned_media
~~~~
Grab David’s New Book, “Pillars of Wealth”:
https://store.biggerpockets.com/products/pillars-of-wealth?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
10 Deals on a $20K Waitress Salary With Ashley Hamilton:
https://www.biggerpockets.com/blog/biggerpockets-podcast-331-10-deals-20k-year-waitress-salary-ashley-hamilton?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Connect with Darius:
BiggerPockets: https://www.biggerpockets.com/users/dariusk6?utm_source=youtube&utm_medium=description&utm_campaign=none
Facebook: https://www.facebook.com/realetstatewithdarius
Instagram: @darius_oneofone or https://www.instagram.com/darius_oneofone/
Website: https://rewithd.com/
~~~~
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
~~~~
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
~~~~
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-839?utm_source=youtube&utm_medium=description&utm_campaign=none
00:00 Intro
01:22 Quick Tip
01:56 First Property Nightmare
03:50 Making $10/Hour
07:27 Buying $2,500 Houses!?
15:08 More Properties and Pipe Problems
25:57 DON'T Rely on "Passive" Income
29:06 Buying Houses at Auction
32:18 Where to Ask Investing Questions
33:31 Darius' Cash Flow and Portfolio
36:02 Outsourcing Everything
38:12 $1,000,000 in Real Estate
41:44 Connect with Darius!
Did you miss our previous article...
https://realestatevideos.club/Rental-Properties/open-chat-you-ask-and-we-will-try-to-answer-your-questions