I Bought My First Rental in 2021, Now I Have 19 & Replaced My W2!
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Episode #1108 List Your Property in Minutes, Screen Prospective Tenants, and Get a Lawyer-Approved Digital Lease with Avail: https://info.avail.co/biggerpockets/youtube?channel=sponsorship&utm_source=biggerpockets&utm_medium=cpc&utm_campaign=OctoberYouTube&utm_content=null Invest in High-ROI Turnkey Rentals with Rent to Retirement: https://www.renttoretirement.com/ or Txt REI to 33777 Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab the Investing Classic, “Rich Dad Poor Dad”: https://store.biggerpockets.com/products/rich-dad-poor-dad?utm_source=youtube&utm_medium=description&utm_campaign=none Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders 10 Hidden Ways to Buy Properties with Huge “Upside”: https://www.biggerpockets.com/blog/real-estate-1075?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Lamontis: https://www.biggerpockets.com/users/lamontis?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Henry: https://www.biggerpockets.com/users/henryw22?utm_source=youtube&utm_medium=description&utm_campaign=none This high school football coach grew a real estate side hustle over the past four years that now replaces his W2 income. He did it making a median salary, all while working his full-time job and raising his family. He didn’t use flashy methods, risky strategies, or constant cold calling. Starting with around $30,000, Lamontis Gardner went from zero to 19 rental units in just four years and is STILL growing! After pandemic lockdowns left Lamontis with extra time and little work, he knew he needed to stop solely relying on his W2 income to fuel his life. Of course, "Rich Dad Poor Dad" found its way into his hands, and the real estate bug began. From there, Lamontis turned a lost deal into an opportunity to buy three duplexes from one owner. The problem? He only had a third of the money. It was time to partner up! After a home run first real estate deal that gave him a six-figure equity upside, Lamontis knew this was the path for him. Since then, he’s been buying rentals, flipping houses, and doing whatever he can to reinvest in real estate, all while working his W2 job. Now, he’s replaced his W2 income but is STILL growing his portfolio even in 2025’s high-rate, “tough” housing market. Want to do the same? Copy Lamontis’s strategy! 00:00 Intro 01:08 Tired of Relying on Your W2? 02:39 First Deal (3 Duplexes!) 07:17 $70K Profit on FIRST Flip! 11:21 Funding His Deals 16:00 Lamontis’s Portfolio 17:59 Best Deal EVER (in 2024!) 20:18 Flipping vs. Renting 25:02 Scaling Smarter
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