Everything You Need To Know About The BRRRR Method With Doug Spence
Episode description
Tune in on our conversation with Doug Spence, one of the up-and-coming tycoons in the real estate industry. Doug was born and raised in Houston, Texas, and graduated with an MBA from the University of Florida. Since 2009, Doug has been an active duty officer in the Navy. He got started in the business in 2016 when he bought his first property. Now with 8 properties total and a whole team of experts behind him, listen to Doug tell you all about the ins and out of working with the BRRRR strategy.
CLICK ON THE LINK BELOW TO SCHEDULE A CALL WITH ERIC:
https://calendly.com/moonlightequitiesgroup/scheduled-conversation
During this episode, you will learn about:
[01:13] Meet Doug and learn how he got into real estate
[03:40] How he manages his business while still being in active duty
[06:37] The ins and outs of BRRRR properties
[08:33] Different ways to acquire properties when you have limited financial resources
[12:06] How Doug’s team amasses properties
[15:26] His longterm plans for his BRRRRs
[16:54] His strategy for a good work-life balance
[19:56] The benefits of having a full-time job while starting out in real estate
[22:45] How to set your goals when starting out in real estate while working a fulltime job
[23:50] How you can still succeed in the real estate business even with only a minimal amount of free time
[25:14] How to scale your business
[26:41] What would Doug do to get started in the BRRRR industry if he only had $100 left?
[28:27] Doug’s favorite book on business
[29:19] How listeners can contact Doug and his team
Resources Mentioned:
Traction by Gino Wickman
https://www.amazon.com/Traction-Get-Grip-Your-Business/dp/1936661837
Let’s Connect:
Doug Spence
Instagram @ honorandequity
Resources Mentioned:
https://www.amazon.com/Winning-War-Your-Mind-Thinking/dp/0310362725
https://www.amazon.com/gp/product/B0746RN3G7/