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Episode 365: Building a $20 Million Portfolio Using BRRRR with Wyatt Simon
Manage episode 474925800 series 2685175
Wyatt Simon, owner of Full Circle Real Estate, discusses the successes and lessons learned in his journey to building a $20 million real estate portfolio!
Wyatt starts by talking about how a successful BRRRR deal allowed him to gain momentum early on in his investing career. After a homerun deal, he shares lessons learned from a bad deal that involved getting caught doing construction without a permit and going significantly over budget! Wyatt explains the issues that arise from lack of liquidity even for high networth individuals. Throughout the episode, Wyatt drops powerful insights on mentorship, staying disciplined, and starting with the end in mind!
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Wyatt Simon, Full Circle Real Estate
Link: Wyatt's Instagram
Link: Wyatt's 7 Figure Mastermind
Link: Your First 100 Units (Wyatt's Book)
Link: 7 Habits of Highly Effective People (Book Recommendation)
Link: Jake and Geno (Network Referral)
Guest Questions
03:30 Housing Provider Tip - Understand appliance warranties and reconsider extending warranties!
05:09 Intro to our guest, Wyatt Simon!
11:16 Wyatt’s first BRRRR deal.
14:50 A third deal, gone bad!
19:47 How to start direct-to-seller marketing.
28:02 Ins and outs of “subject to” financing deals.
34:07 Navigating liquidity concerns.
37:56 Wyatt’s 5-year outlook!
41:12 What is your competitive advantage?
41:37 One piece of advice for new investors.
42:53 What do you do for fun?
43:10 Good book, podcast, or self development activity that you would recommend?
44:16 Local Network Recommendation?
44:52 How can the listeners learn more about you and provide value to you?
-----------------
Production House: Flint Stone Media
Copyright of Straight Up Chicago Investor 2025.
388 episodes
Manage episode 474925800 series 2685175
Wyatt Simon, owner of Full Circle Real Estate, discusses the successes and lessons learned in his journey to building a $20 million real estate portfolio!
Wyatt starts by talking about how a successful BRRRR deal allowed him to gain momentum early on in his investing career. After a homerun deal, he shares lessons learned from a bad deal that involved getting caught doing construction without a permit and going significantly over budget! Wyatt explains the issues that arise from lack of liquidity even for high networth individuals. Throughout the episode, Wyatt drops powerful insights on mentorship, staying disciplined, and starting with the end in mind!
If you enjoy today’s episode, please leave us a review and share with someone who may also find value in this content!
Connect with Mark and Tom: StraightUpChicagoInvestor.com
Email the Show: [email protected]
Guest: Wyatt Simon, Full Circle Real Estate
Link: Wyatt's Instagram
Link: Wyatt's 7 Figure Mastermind
Link: Your First 100 Units (Wyatt's Book)
Link: 7 Habits of Highly Effective People (Book Recommendation)
Link: Jake and Geno (Network Referral)
Guest Questions
03:30 Housing Provider Tip - Understand appliance warranties and reconsider extending warranties!
05:09 Intro to our guest, Wyatt Simon!
11:16 Wyatt’s first BRRRR deal.
14:50 A third deal, gone bad!
19:47 How to start direct-to-seller marketing.
28:02 Ins and outs of “subject to” financing deals.
34:07 Navigating liquidity concerns.
37:56 Wyatt’s 5-year outlook!
41:12 What is your competitive advantage?
41:37 One piece of advice for new investors.
42:53 What do you do for fun?
43:10 Good book, podcast, or self development activity that you would recommend?
44:16 Local Network Recommendation?
44:52 How can the listeners learn more about you and provide value to you?
-----------------
Production House: Flint Stone Media
Copyright of Straight Up Chicago Investor 2025.
388 episodes
All episodes
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