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Feb 28, 2022

Rich is an investor from Southeastern Pennsylvania who built a $4mm rental portfolio in 4 years before his 27th birthday with only $25k in cash to start. He is now running a project management company working with real estate investors to complete their projects and build their version of financial independence.

Let’s dive into his story!



[00:01 - 06:25] Opening Segment

  • Rich grew up in the Construction industry
    • What made Rich decide not to do Real Estate immediately
    • Rich’s wife inspired him to go back to Real Estate

 

[06:26 - 18:41] How Rich was able to go further with his 25,000

  • An impressive accomplishment
    • Rich does not recommend it to anybody
    • Rich can’t afford to fail
  • Having nothing to fall back on
  • How Rich educated himself along the way
    • Learn how you’re going to do Real Estate
    • It is not one-size-fits-all 
  • Rich’s strategy and how it worked out for him
  • The BRRRR Method explained 
    • Rental coverage you should look

 

[18:41 - 25:16] Rich’s Current Projects

  • Renovation projects
    • An issue with contractors
    • Changing the dynamics
  • Project management
    • Their brand promises

 

[25:17 - 27:15] Closing Segment

  • Final Words
  • Connect with my guest, Rich, in the links below

 

Tweetable Quotes

 

"The reason I was able to do that so quickly was because I kind of set myself up that I could not fail. If I was going to fail, it was going to be catastrophic, so I needed to figure it out.” - Rich O'Neill

 

"One of the big things that keeps me going is constantly learning things. That’s one of my most favorite things to do.” - Rich O'Neill

 

"You gotta figure out where you fit in. The world of Real Estate is vast. You need to be aware that there’s not only one way to do Real Estate.” - Sujata Shyam

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Connect to Rich:

 

Don’t forget to shoot him an email: rich@flemingpm.com

Get the most out of your contractor with www.flemingpm.com

Follow Rich’s socials: www.instagram.com/phillyinvestorcontractor & www.instagram.com/richaoneill, and www.facebook.com/richaoneill



WANT TO LEARN MORE?

 

Connect with me through LinkedIn

 

Or send me an email sujata@luxe-cap.com

 

Visit my website www.luxe-cap.com or my YouTube channel

 

Thanks for tuning in!  

 

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