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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
77 episode
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
77 episode
Alla avsnitt
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