How We Built A 10 Million Dollar Rental Portfolio in 5 Years


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Sep 27 2024 23 mins  

As a high earner, how do you build a multi-million dollar portfolio in three to five years, and make work optional? In this episode, Palak and Niti offer guidance on the ‘SCALE’ framework that has helped them build a $10 million dollar rental portfolio in 5 years and allowed them to retire from their high-paid jobs.

They cover the BRRRR strategy, and how they learned to implement it differently than other investors. Understanding their SCALE Framework means you won't have to make the same mistakes they did as you build your property portfolio.

The SCALE Framework is a blueprint that allows you to scale fast, build cash flow fast, and use the least amount of time. It's a surefire plan to build your multi-million-dollar property portfolio in no time. Let's dive into the show.

"As Warren Buffett says, sometimes it's not about how hard you're rowing the boat, sometimes it's about what boat you're in." Niti Jamdar

"We wanted to be involved in real estate, not from a transactional perspective. We wanted to be involved in real estate from a long-term buy-and-hold perspective because that's how wealth is made." ~ Palak Shah

In this Episode:

- 0:40   Introduction

- 4:05   Understanding the BRRRR Strategy

- 6:45   Limitations of the Traditional BRRRR

- 9:40   Translating Corporate Skills into Real Estate Investing

- 12:16 The S.C.A.L.E Framework

- 13:40 Scalable Acquisitions

- 15:54 Construction without the DIY

- 17:10 Adding Cash Flow

- 17:54 Leverage and Commercial Financing

- 15:54 Construction without the DIY

Resources:

- Get a copy of Accelerate Your Real Estate - https://a.co/d/bdW6j7K

- Book a call - http://www.openspaceswomen.com/bookacall

- FREE 5-Day Real Estate Investor Accelerator - https://www.openspaceswomen.com/5day


Connect with Palak and Niti

- Website: https://www.openspaceswomen.com/

- Instagram: https://www.instagram.com/openspaceswomen/

- Facebook: https://www.facebook.com/openspaceswomen

- LinkedIn: https://www.linkedin.com/company/openspacescapital/

- YouTube: https://youtube.com/@openspaces1251

- TikTok: https://www.tiktok.com/@openspacesacademy