The Secrets to Creating More Margin in Your Life - Brandon Thornberry

Imagine trading the road for real estate, flipping homes, and achieving financial freedom by transforming old properties into vibrant communities. Dive deep into Brandon Thornberry's inspiring journey from rock stages to real estate riches. Hear how Brandon transitioned from single-family homes to multifamily powerhouses, leveraging strategies like the BRRRR method to achieve financial freedom. 

Tune in, get inspired, and unlock secrets to your property portfolio success!

[00:00 - 08:35] From Tour Manager to Real Estate Entrepreneur

Brandon shares his background and career

He was a tour manager for bands and used real estate as an exit strategy

In 2019, he decided to go full-on into multifamily and commercial properties

[08:36 - 18:30] Navigating the Challenges of Property Management and Finding Successful Exits

Brandon found that the type of deal dictates which kind of management company to work with

Acquisitions, envisioning the transformation of the property, and execution of renovations

There are multiple ways to get to a post-exit portfolio

Brandon's most significant exit to date was a 32-unit, which almost got canceled due to a bad inspection report

[18:31 - 31:50] Achieving Financial Freedom Through Multifamily Real Estate

Rents were increased from 550 to 1000 per unit, adding $200 in value for every additional dollar of monthly income

The BRRRR method to drive up the value and then do a refi and pull capital out

Money wasn't a motivating factor, but transforming something and providing quality housing was

Brandon's goal is to travel with family and become a person who has more margin in life

[31:51 - 43:22] Unlocking the Secrets of Hard Money Lending 

Brandon's passion for reading personal development and business books

His other company is a complex money lending business in Middle Tennessee, where he partners with Will Coleman

Hard money lending is another term for private lending when traditional loans from banks don't make sense

Quote:

"When you're in kind of the grind of like, 'Hey, I need to make this every month.' you're less open to opportunity." - Brandon Thornberry

Connect with Brandon!
LinkedIn: https://www.linkedin.com/in/brandon-thornberry-353335241/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes. 

Dreamcatchers is an inclusive organization that targets people's interest in being more than a certain demographic. We have people from all walks of life at many different ages. Find out more at www.itooktheredpill.co

Learn more about your ad choices. Visit megaphone.fm/adchoices

Imagine trading the road for real estate, flipping homes, and achieving financial freedom by transforming old properties into vibrant communities. Dive deep into Brandon Thornberry's inspiring journey from rock stages to real estate riches. Hear how Brandon transitioned from single-family homes to multifamily powerhouses, leveraging strategies like the BRRRR method to achieve financial freedom. 

Tune in, get inspired, and unlock secrets to your property portfolio success!

[00:00 - 08:35] From Tour Manager to Real Estate Entrepreneur

Brandon shares his background and career
He was a tour manager for bands and used real estate as an exit strategy
In 2019, he decided to go full-on into multifamily and commercial properties

[08:36 - 18:30] Navigating the Challenges of Property Management and Finding Successful Exits

Brandon found that the type of deal dictates which kind of management company to work with
Acquisitions, envisioning the transformation of the property, and execution of renovations
There are multiple ways to get to a post-exit portfolio
Brandon's most significant exit to date was a 32-unit, which almost got canceled due to a bad inspection report

[18:31 - 31:50] Achieving Financial Freedom Through Multifamily Real Estate

Rents were increased from 550 to 1000 per unit, adding $200 in value for every additional dollar of monthly income
The BRRRR method to drive up the value and then do a refi and pull capital out
Money wasn't a motivating factor, but transforming something and providing quality housing was
Brandon's goal is to travel with family and become a person who has more margin in life

[31:51 - 43:22] Unlocking the Secrets of Hard Money Lending 

Brandon's passion for reading personal development and business books
His other company is a complex money lending business in Middle Tennessee, where he partners with Will Coleman
Hard money lending is another term for private lending when traditional loans from banks don't make sense

Quote:

"When you're in kind of the grind of like, 'Hey, I need to make this every month.' you're less open to opportunity." - Brandon Thornberry

Connect with Brandon!

LinkedIn: https://www.linkedin.com/in/brandon-thornberry-353335241/ 

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes. 

Dreamcatchers is an inclusive organization that targets people's interest in being more than a certain demographic. We have people from all walks of life at many different ages. Find out more at www.itooktheredpill.co

Learn more about your ad choices. Visit megaphone.fm/adchoices