SA474 | Restoring and Renovating Undervalued Properties Into Cash Flowing Investments with Brian Grimes
Brian Grimes
Get ready for another motivational episode as former basketball player Brian Grimes shares the significant impact of taking a leap of faith when he shifted his identity from being an athlete to a real estate investor. He’ll cascade his expertise in the BRRRR strategy, creating wealth from co-living spaces, and financial management tips you could consider before you start your investing journey. Conquer your fear and activate your full potential today!
Key Takeaways to Listen for
- Challenges of adjusting and recreating yourself from being an athlete to an investor
- Practical ways to manage finances when investing in real estate relying on a commission-based job
- The importance of understanding the BRRRR strategy, renovation, and construction
- Strategies to make co-living space a profitable and cash-flowing rental property
- Impacts of impostor syndrome on your transition as a full-time worker into an investor
- Things to avoid and focus on when pursuing a career in real estate
Resources Mentioned in This Episode
About Brian Grimes
Brian K. Grimes CFP is a real estate entrepreneur and coach with an Ivy League education. He started a career in financial planning at AXA Advisors after graduating from Columbia University in 2011 before moving on to high net worth asset management at Bridgewater Advisors. In his birthplace of Philadelphia, Brian established his own real estate development business in 2015. Since then, he has used the BRRRR technique to rebuild more than 300 rental homes across the US completely. Together with his wife, he is raising his sons in the Bronx.
To help students leave their 9–5 desk jobs and learn how to make passive money, Brian launched 24/7 Cash Flow University. Brian teaches students how to completely restore, buy, and stabilize cash-flowing rental property portfolios through his 100 Key$ Master Class. The course includes Brian’s tried-and-true techniques that let him expand his business from one deal to over 100 properties annually. Most 100 Key$ Master Class participants who put Brian’s suggestions into practice are able to leave their day jobs within 12 to 36 months of doing so.
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