How Chris Transformed 18 Units into 90 and Increased His Cash Flow by Over 1600%
Chris, from Denver, Colorado, came from a humble background and worked tirelessly to build a portfolio of 18 real estate units. Despite being a “bootstrapper” and owning his properties free and clear, Chris found himself struggling financially. With the help of Trevor’s coaching, Chris learned to see debt as a tool rather than a burden, and this shift in mindset led to a dramatic transformation in his real estate business.
Challenges
Chris grew up believing that “debt was bad,” and as a result, he saved up every penny to buy his real estate investments without any outside help or bank loans. He managed and maintained his properties on his own, dedicating all his time to his investments. Despite this hard work, Chris found himself barely scraping by. Even though he technically owned assets worth over a million dollars, his net cash flow was minimal, and he famously said, “Technically, I’m a millionaire, but I can barely afford to buy a broom.” After spending more than a decade building his portfolio up to 18 units, Chris knew he needed a change.
Solution
Through coaching sessions with Trevor, Chris learned to change his perspective on debt and leverage. Trevor showed him how to analyze investments differently and how to utilize leverage effectively to scale his portfolio. Chris learned the impact that proper leverage could have on his cash flow, allowing him to grow his investments without being weighed down by the management and maintenance of each individual property.
Results
With Trevor’s guidance, Chris sold his 18 units and, within just six months, used leverage to purchase 90 units. This strategic move increased his annual net cash flow from less than $60,000 to over $300,000 in the first year. A few years later, Chris refinanced his properties with a long-term, low-interest, fixed-rate loan, which further boosted his net cash flow to over a million dollars per year. This transformation not only changed Chris’s financial situation but also his entire approach to real estate investing.
Conclusion
Chris’s journey from a debt-averse “bootstrapper” to a successful real estate investor demonstrates the power of education and mindset shifts in achieving financial freedom. By learning to leverage debt as a tool rather than a burden, Chris was able to multiply his investments and significantly increase his income. His story is a testament to the transformative impact of Trevor’s coaching on real estate investors who are ready to think differently and scale their businesses.
“Before meeting Trevor, I could barely afford to buy a broom. He showed me how to look at things differently and change my strategy. Now, we are making over a million dollars per year. And to celebrate, I just bought my wife her dream car: a brand-new Mercedes. And I paid cash!” – Chris, Denver, CO