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The Fastest Way to Financial Freedom: The Rent by the Room Method to Make $1,000/month Extra CashFlow
Manage episode 439117532 series 3460655
Sam and Rachel Wegert are the king and queen of co-living, with over 200 rooms currently rented to great tenants. Together, they’re proving that co-living isn’t just a fad - it’s a cash cow (and maybe even the future of affordable housing!)
But Sam and Rachel’s journey wasn’t all about making at least $1,000/month on every property. Sam grew up homeschooled on a small Virginia farm, later becoming a 15-year-old martial arts school owner. And Rachel navigated a challenging childhood.
In this episode, Sam and Rachel break down their proven system for transforming average homes into cash-flowing machines while maintaining well-functioning living spaces and keeping tenants happy.
Sam and Rachel also talk about:
- Their ideal tenants (and how they find them)
- How to overcome zoning hurdles and navigate tricky legal loopholes
- Why co-living could be the answer to America’s affordable housing challenges
- How they minimize tenant drama and foster community
- Strategies for boosting tenant retention
Books Mentioned:
- Loving What Is by Byron Katie
- The Untethered Soul by Michael Singer
- Think and Grow Rich by Napoleon Hill
- Outwitting the Devil by Napoleon Hill
- Soar with Your Strengths by Donald O. Clifton
- 4-Hour Work Week by Timothy Ferriss
Connect with Sam and Rachel:
Website: https://www.scaleyourrealestate.com/
Sam’s Instagram: https://www.instagram.com/samwegert
Rachel’s Instagram: https://www.instagram.com/rachel_wegert/
Connect with Brandon:
📸 Instagram: https://www.instagram.com/beardybrandon
💻 BetterLife Tribe, Brandon’s Real Estate Investing Mastermind: https://abetterlife.com/
📸 BetterLife Tribe’s Instagram: https://www.instagram.com/betterlife/
💻 OpenDoor Capital, Brandon’s Real Estate Investing Company: https://odcfund.com/
📸 OpenDoor Capital’s Instagram: https://www.instagram.com/opendoorcapital/
Connect with Cam:
📸 Instagram: https://www.instagram.com/cam.cathcart/
💻 Deal Flow Real Estate, Cam’s Real Estate Investing Mastermind: http://dealflowrealestate.com/
💻 Revel City HomeBuyers, Cam’s Real Estate Investing Company: https://revelcityhomebuyers.com/
📸 Revel City HomeBuyers’s Instagram: https://www.instagram.com/revelcityhomebuyers/
Sam and Rachel’s charitable cause (100% of ad revenue goes here):
- Elevation Church - An online church providing LIVE worship experiences where you can connect with “eFam” all over the world
🙏 SHOW SPONSORS
• TurboTenant: Market your rental, screen tenants, and collect rent… all in one place! Use the code BRANDON10 to get 10% off upon sign-up at https://go.abetterlife.com/turbotenant_pod Or check out all of their incredible FREE resources for landlords at https://go.abetterlife.com/toolbox_pod
• BallPoint Marketing: These guys know how to find deals… BallPoint Marketing is the leader (and the company that I use) for all things direct mail marketing! They’ll write the postcards, send them out, build out a CRM, and even field the calls for you! All you have to do is go to https://go.abetterlife.com/bp_pod for a strategy call and a discount!
Interested in building wealth without losing your soul? Join the BetterLife Tribe here: https://join.abetterlife.com/tribe
107 episoder
The Fastest Way to Financial Freedom: The Rent by the Room Method to Make $1,000/month Extra CashFlow
The BetterLife Podcast: Wealth | Real Estate Investing | Life
Manage episode 439117532 series 3460655
Sam and Rachel Wegert are the king and queen of co-living, with over 200 rooms currently rented to great tenants. Together, they’re proving that co-living isn’t just a fad - it’s a cash cow (and maybe even the future of affordable housing!)
But Sam and Rachel’s journey wasn’t all about making at least $1,000/month on every property. Sam grew up homeschooled on a small Virginia farm, later becoming a 15-year-old martial arts school owner. And Rachel navigated a challenging childhood.
In this episode, Sam and Rachel break down their proven system for transforming average homes into cash-flowing machines while maintaining well-functioning living spaces and keeping tenants happy.
Sam and Rachel also talk about:
- Their ideal tenants (and how they find them)
- How to overcome zoning hurdles and navigate tricky legal loopholes
- Why co-living could be the answer to America’s affordable housing challenges
- How they minimize tenant drama and foster community
- Strategies for boosting tenant retention
Books Mentioned:
- Loving What Is by Byron Katie
- The Untethered Soul by Michael Singer
- Think and Grow Rich by Napoleon Hill
- Outwitting the Devil by Napoleon Hill
- Soar with Your Strengths by Donald O. Clifton
- 4-Hour Work Week by Timothy Ferriss
Connect with Sam and Rachel:
Website: https://www.scaleyourrealestate.com/
Sam’s Instagram: https://www.instagram.com/samwegert
Rachel’s Instagram: https://www.instagram.com/rachel_wegert/
Connect with Brandon:
📸 Instagram: https://www.instagram.com/beardybrandon
💻 BetterLife Tribe, Brandon’s Real Estate Investing Mastermind: https://abetterlife.com/
📸 BetterLife Tribe’s Instagram: https://www.instagram.com/betterlife/
💻 OpenDoor Capital, Brandon’s Real Estate Investing Company: https://odcfund.com/
📸 OpenDoor Capital’s Instagram: https://www.instagram.com/opendoorcapital/
Connect with Cam:
📸 Instagram: https://www.instagram.com/cam.cathcart/
💻 Deal Flow Real Estate, Cam’s Real Estate Investing Mastermind: http://dealflowrealestate.com/
💻 Revel City HomeBuyers, Cam’s Real Estate Investing Company: https://revelcityhomebuyers.com/
📸 Revel City HomeBuyers’s Instagram: https://www.instagram.com/revelcityhomebuyers/
Sam and Rachel’s charitable cause (100% of ad revenue goes here):
- Elevation Church - An online church providing LIVE worship experiences where you can connect with “eFam” all over the world
🙏 SHOW SPONSORS
• TurboTenant: Market your rental, screen tenants, and collect rent… all in one place! Use the code BRANDON10 to get 10% off upon sign-up at https://go.abetterlife.com/turbotenant_pod Or check out all of their incredible FREE resources for landlords at https://go.abetterlife.com/toolbox_pod
• BallPoint Marketing: These guys know how to find deals… BallPoint Marketing is the leader (and the company that I use) for all things direct mail marketing! They’ll write the postcards, send them out, build out a CRM, and even field the calls for you! All you have to do is go to https://go.abetterlife.com/bp_pod for a strategy call and a discount!
Interested in building wealth without losing your soul? Join the BetterLife Tribe here: https://join.abetterlife.com/tribe
107 episoder
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