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Building Wealth with High-End DC Rentals w/ Russell Brazil
Manage episode 400111341 series 3486319
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In this episode, we spoke with DC real estate investor and sales expert Russell Brazil about his journey to financial independence. With over 14 years of experience in real estate investing, Russell owns 10-20 units at any given time in the DC area, primarily focusing on high-end rowhouses. While digging into Russell’s investment strategy, he shared his favorite strategy of adding a bedroom to increase profits in neighborhoods with high Section 8 rents. Russell also discussed his goals of achieving a net worth of $7-8M and using a mix of stocks and real estate to generate $300k per year in income to live off of. As advice for the novice investor, Russell emphasized the importance of treating real estate investing like a business and finding the right agent to work with. Overall, this episode offers valuable insights into real estate investing and financial independence, with Russell's extensive experience and knowledge serving as an excellent resource for listeners.
You can connect with our guest on Instagram @russelltbrazil.
Are you interested in finding great off-market investment opportunities? We’ve partnered with DealMachine to help bring great deals to your doorstep. All you have to do is sign up with DealMachine using this link and follow the steps to secure your next deal. Patrick and I are clients of DealMachine and have made a lot of money using their services. We hope you do too!
Do you have any questions you'd like for us to answer on the show, or a success story you'd like to share? Shoot us an email to info@TheRealFI.com and we'd be happy to connect with you. And If you haven’t done so already, please leave us a glowing 5 start review on your podcasting platform–it would really help us out!
You can connect with you hosts on instagram:
James on Instagram: @James_Rippeon
Patrick on Instagram: @RentalPropertyCouple
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