DS06 | How he saved his way to a million dollars | Sunny Burns

Sunny Burns is 27 and a Full-Time Engineer working for the DoD. He bought his first investment property in 2015 off the MLS, a Quadplex, 20 min from NYC, which allowed him and his family to live for free. Bought for $430,000 - less than two years later it appraised for $630,000.

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He used a Cash-out Refi and HELOC on that first property to buy his second investment property, a Triplex - also 20 min from NYC. Together the two properties appraise for $1Million dollars, and will gross over $100k in annual rents. He is madly in love with his Wife and has two young boys.

Though he was married with a 6-month baby, Sunny is so determined to start the financial freedom journey that he and his family lived with his parents, saving half of he and his wife's income in one year. They achieved this by cutting their own hair and not going out to restaurant in that one year. In addition to that, they took their own lunch to work and bought cheap used cars.

In addition, Sunny sells pacifiers (binky) via the Amazon FBA program, grossing $30k in passive income last year on Amazon.

What does the future look like for Sunny Burns? Sunny wants to spread the knowledge of personal finance, financial freedom, being frugal, and living with purpose. His goal is to help people who want to escape the rat race and not working pay check to pay check.

QUICK ROUND QUESTIONS What makes Sunny Burns UNIQUE? What has made you successful, and makes you different from the guy OR girl? Differentiating trait?

Sunny says he gets things done, and there is a roadblock he just go around it. In addition, he would research over and over again if something didn't work, asking himself what’s next?

So, what was the last book that you read? And what did you learn from the book? Last Book: The One Thing by Gary Keller. Sunny learnt about focusing on the one most important task rather than focusing on a million things at the same time.

So, what do you for fun? How do you enjoy your free time? Sunny loves volleyball, Frisbee, snowboarding, bare foot running and listening to audiobooks.

Contact Sunny:

Email: Sunny@FamVestor.com Phone: (201) 338-0884

Website: www.FamVestor.com Facebook:www.facebook.com/FamVestor Twitter: www.twitter.com/FamVestor Youtube:www.youtube.com/FamVestor

Content mentioned: realtor.com redfin.com trulia.com rentometer.com *hotpads.com

*The One Thing by Gary Keller | https://www.amazon.com/ONE-Thing-Surprisingly-Extraordinary-Results/dp/1885167776

DS05 | This 24-year developer has done $20M in real estate deals | Devan McClish

Devan has been a real estate investor for 3 years, and in that time, he has built over 60 new houses, closed on 2 apartment complexes, and oversees 4 Airbnb properties.

Devan has done only 4 of those deals mentioned with his own money. Everything else has been "no down" investing. His firm is currently sending out 11,000/month in direct mail as my primary strategy for finding deals. Devan has been a guest on the BiggerPockets podcast. He is also a licensed agent and general contractor in Nashville, TN. His compay is developing assets of almost $20Million. Devan has managed to accomplish all of these under the age of 24. • Guest on show 180 of the BP podcast licensed agent and general contractor in TN

DS04 | Using creative methods to fund real estate investments | Theo Hicks

Theo is a real estate, investor, author, real estate blogger and host of the Unplugged podcast on YouTube.

Theo just recently closed on a 12-unit property; however, he actually bought his property, a duplex, in February 2015. He house hacked this property for a year. In a conversation with colleagues at his previous corporate jobs, some of his colleagues talked about how they own duplexes and never even remembered until they got a check from their investments. This conversation inspire Theo to buy his first duplex in just one month after that conversation.

Theo was able to save up for about 6 months of expenses before quitting his job to work with Joe Fairless on his business, and Theo is still able to build his own real estate business in the process.

Contact Theo: https://www.youtube.com/channel/UCHEpTtXqjOymRsFWhABLK7A

Content mentioned: *Aninal Farm by George Orwell - https://www.amazon.com/Animal-Farm-1984-George-Orwell/dp/0151010269/ref=sr_1_3?ie=UTF8&qid=1501603562&sr=8-3&keywords=animal+farm

DS03 | From corporate jobs to full time real estate investing | Kyara & Khalil

Kyara and Khalil started their financial freedom journey in real estate in 2012 buying their first property in Hartford, CT, but they relocated back to Baltimore, MD to settle. After getting into the real world, they quickly realized that the corporate or 9-5 wasn't exactly what they wanted long term, so they spent a lot of time talking about what their goals were and where they saw themselves going and eventually decided that Entrepreneurship within the Real Estate space was for them. A lot of what drive them to real Estate was the ability to make positive change in the communities in which they invest. In addition, keeping that why at the forefront is what kept them pushing forward.

Kyara bought her first property one year out of college in Hartford, CT. Kyara and Khalil purchased the property for $26,000 with the intent of wholesaling it, but quickly realized that they didn't understand the basics of the areas and the other elements that came with wholesaling. So, they shifted gears and rehabbed the house with the help of a local charity. The renovation cost was $120,000 and bring around $2,500/month, and the house is now worth about $200,000. So, they now have the natural appreciation as well as the forced appreciation from the rehab. The Buy and Hold strategy really aligns with the model of community building as well as long term wealth building.

For those considering to invest in Baltimore but aren't sure, Khalil says the are a lot of institutions, a great art scene, and a beautiful harbor making Baltimore what it is.

Kyara and Khalil still continues to use BiggerPockets.

Kyara quit her job in June 2016, and she mentioned that the fear is big and significant, but what they did was ensured that their rental portfolio had the level of income and stability to be able to pay for their monthly expenses before spinning out.

Kyara and Khalil continue to give back to their immediate community by helping their tenants with resume building and credit repair. They consider themselves landlords with a conscience.

Tweet this: "Understand your why"

Connect with Kyara and Khalil: kkuestate.com or https://charmcitybuyers.com.

Instagram page: www.instagram.com/charmcitybuyers

Content mentioned in the show: Site Kyara and Khalil learn from | www.biggerpockets.com

SHOW 1 | Learn how this 35 year old built $160M in Real Estate | The Dwellynn Show - Financial Freedom through Real Estate

Joe Fairless is an author, apartment syndicator, and podcaster.

Listen in to hear how he has acquired more than $160M in apartment communities assets. Ola interviewed Joe to get some tactical tips on how to succeed in Real Estate.

Joe, who also had a 9-5, has managed to propel his business from 7M to 160M in about 2-3years. We discussed ways in which we can replicate his success in Real Estate.

You can reach him at info@joefairless.com for a free resource guide on multifamily investing. In addition, you can search for Joe Fairless in the iTunes store for his podcast, Best Real Estate Investing Advice Ever Show.

Subscribe and review us on iTunes.

You can also watch the video here: https://www.youtube.com/watch?v=njS0Dk5Gs-I