I was $15m in debt...now I own a billion dollar portfolio
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
Ten years ago, this guy owned zero dollars of real estate. And today He's got a portfolio of about a billion and a half dollars. And he did that with no outside investors, just starting from scratch. One property after another, flipping, flipping, flipping, compounding until he built a billion dollar portfolio. He's also my brother in law, and I've known the guy for ten plus years. I've been asking him to come on the podcast and he likes to keep a low profile, but finally he agreed to come on and tell his story. And the story's a little bit crazy. He started off as a broker. Ends up making a few million dollars doing deals as a broker.
And then gets caught holding the bag when one of his clients Um I don't want to say screws him over, but leaves him holding the bag. And he ends up fifteen million dollars in debt. And instead of declaring bankruptcy, He decides to try to pay it all back.
Piece by piece by piece. He does, he pays it all back and he ends up with a billion dollar plus real estate portfolio. Using a very specific strategy. So in this episode I asked him how he did it. to tell that story and to explain the strategy and his approach to real estate because it's a little bit different than anybody else. So Enjoy this episode with my brother in law, Sanjeev, aka the rhino of real estate.
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