368: $3,500 per Month From One BRRRR Deal With Palak Shah

<p>On today’s show: accelerated wealth-building through leverage and systems!</p><p><strong>Palak Shah</strong> walks us through how she built a $4M portfolio in just three years by "supercharging" the BRRRR strategy.</p><p>Palak left a career in corporate America to focus full-time on real estate in the Philadelphia area, and she applied her training as an engineer to create airtight processes that help her business run without her.</p><p>You’ll love hearing how she finds deals from wholesalers on Facebook, why she’s not afraid to sell off some of her BRRRR properties, and how she creates checklists to determine whether a deal fits her criteria.</p><p>Also, we discuss how to beat “analysis paralysis” by remembering her acronym “A.B.L.E.”</p><p>Palak is a relatable, inspiring investor who offers great tips for anyone hoping to transition away from a 9-to-5… so check out this episode today, and share it with a friend or family member!</p><p><strong>In This Episode We Cover:</strong></p><ul><li>Leaving her corporate job to take more <strong>control over her time</strong></li><li>Why she’s <strong>OK paying capital gains tax</strong> rather than using 1031 exchanges</li><li>Flexing your “<strong>risk-taking muscle</strong>”</li><li>Using <strong>hard money</strong> for BRRRR projects</li><li>Creating “<strong>templates</strong>” to make investing easier over time</li><li>Criticisms of the <strong>BRRRR strategy</strong></li><li>Why she <strong>sells off some</strong> of her BRRRR properties</li><li>Using local banks and <strong>credit unions</strong></li><li><strong>Her mantra</strong>: “Fortune favors the finance-savvy”</li><li>How her <strong>systems</strong> allowed her to buy 2 properties from India</li><li>Her “A.B.L.E.” method to escape <strong>analysis paralysis</strong></li><li>How she <strong>bought 9 units for 40% off</strong> the list price</li><li>How she used a <strong>home equity loan</strong> to borrow $160K</li><li><strong>And SO much more!</strong></li></ul><p><br></p><p><strong>Links from