Gå frakoblet med Player FM -appen!
From the Projects to Ferrari-Driving 8-Figure Investor! Welby Accely
Manage episode 426769723 series 3460655
Welby Accely may be a real estate investor with an enviable rental property portfolio and a flashy car... But his journey to wealth wasn’t a cake walk. Not by a long shot.
In fact, Welby started life in government housing in Brooklyn… and found himself financially “wiped out” three times before experiencing the epiphany that made him a fortune flipping and holding real estate.
Today, you’ll hear it all. It’s a story about taking extreme ownership, refusing to quit, and earning the right to demand respect as “the most important person in any deal”: the buyer.
Welby also talks about:
- Growing up in the Canarsie projects and dreaming of being rich someday
- His brother’s incarceration and death, and how he turned them into motivation
- The investing lesson that didn’t sink in until he’d gone broke for a third time
- Commanding a room and demanding respect from tenants and vendors
- Why landlords are “superheroes”, not villains
- Why he says the BRRRR strategy is “extremely dangerous”
- How to BRRRR without getting burned
- Funneling flip profits into rentals
- Sharing his losses on social media
- Why he warns against long-distance investing
Books Mentioned:
- Rich Dad Poor Dad by Robert Kiyosaki
- The ONE Thing by Gary Keller and Jay Papasan
Connect with Welby:
Website: https://www.atmybest197.com/
Instagram: https://www.instagram.com/atmybest197
TikTok: https://www.tiktok.com/@atmybest197
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/
Welby’s charitable cause (100% of ad revenue goes here):
- The Brooklyn Bank, the nonprofit he founded to foster financial literacy in urban communities
Show Sponsor:
- Open Door Capital - Providing affordable housing for residents while maximizing returns for investors
BetterLife Tribe:
- Interested in building wealth without losing your soul? Join the BetterLife Tribe here: https://join.abetterlife.com/tribe
112 episoder
From the Projects to Ferrari-Driving 8-Figure Investor! Welby Accely
The BetterLife Podcast: Wealth | Real Estate Investing | Life
Manage episode 426769723 series 3460655
Welby Accely may be a real estate investor with an enviable rental property portfolio and a flashy car... But his journey to wealth wasn’t a cake walk. Not by a long shot.
In fact, Welby started life in government housing in Brooklyn… and found himself financially “wiped out” three times before experiencing the epiphany that made him a fortune flipping and holding real estate.
Today, you’ll hear it all. It’s a story about taking extreme ownership, refusing to quit, and earning the right to demand respect as “the most important person in any deal”: the buyer.
Welby also talks about:
- Growing up in the Canarsie projects and dreaming of being rich someday
- His brother’s incarceration and death, and how he turned them into motivation
- The investing lesson that didn’t sink in until he’d gone broke for a third time
- Commanding a room and demanding respect from tenants and vendors
- Why landlords are “superheroes”, not villains
- Why he says the BRRRR strategy is “extremely dangerous”
- How to BRRRR without getting burned
- Funneling flip profits into rentals
- Sharing his losses on social media
- Why he warns against long-distance investing
Books Mentioned:
- Rich Dad Poor Dad by Robert Kiyosaki
- The ONE Thing by Gary Keller and Jay Papasan
Connect with Welby:
Website: https://www.atmybest197.com/
Instagram: https://www.instagram.com/atmybest197
TikTok: https://www.tiktok.com/@atmybest197
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/
Welby’s charitable cause (100% of ad revenue goes here):
- The Brooklyn Bank, the nonprofit he founded to foster financial literacy in urban communities
Show Sponsor:
- Open Door Capital - Providing affordable housing for residents while maximizing returns for investors
BetterLife Tribe:
- Interested in building wealth without losing your soul? Join the BetterLife Tribe here: https://join.abetterlife.com/tribe
112 episoder
Alle episoder
×Velkommen til Player FM!
Player FM scanner netter for høykvalitets podcaster som du kan nyte nå. Det er den beste podcastappen og fungerer på Android, iPhone og internett. Registrer deg for å synkronisere abonnement på flere enheter.