About this episode
Welby Accely may be a real estate investor with an enviable rental property portfolio and a flashy car... But his journey to wealth wasn’t a cake walk. Not by a long shot. In fact, Welby started life in government housing in Brooklyn… and found himself financially “wiped out” three times before experiencing the epiphany that made him a fortune flipping and holding real estate. Today, you’ll hear it all. It’s a story about taking extreme ownership, refusing to quit, and earning the right to demand respect as “the most important person in any deal”: the buyer. Welby also talks about: - Growing up in the Canarsie projects and dreaming of being rich someday - His brother’s incarceration and death, and how he turned them into motivation - The investing lesson that didn’t sink in until he’d gone broke for a third time - Commanding a room and demanding respect from tenants and vendors - Why landlords are “superheroes”, not villains - Why he says the BRRRR strategy is “extremely dangerous” - How to BRRRR without getting burned - Funneling flip profits into rentals - Sharing his losses on social media - Why he warns against long-distance investing Books Mentioned: - Rich Dad Poor Dad by Robert Kiyosaki - The ONE Thing by Gary Keller and Jay Papasan Connect with Welby: Website: https://www.atmybest197.com/ Instagram: https://www.instagram.com/atmybest197 TikTok: https://www.tiktok.com/@atmybest197 Connect with Brandon: 📸 Instagram: https://www.instagram.com/beardybrandon 💻 BetterLife Tribe, Brandon’s Real Estate Investing Mastermind: https://abetterlife.com/ 📸 BetterLife Tribe’s Instagram: https://www.instagram.com/betterlife/ 💻 OpenDoor Capital, Brandon’s Real Estate Investing Company: https://odcfund.com/ 📸 OpenDoor Capital’s Instagram: https://www.instagram.com/opendoorcapital/ Connect with Cam: 📸 Instagram: https://www.instagram.com/cam.cathcart/ 💻 Deal Flow Real Estate, Cam’s Real Estate Investing Mastermind: http://dealflowrealestate.com/ 💻 Revel City HomeBuyers, Cam’s Real Estate Investing Company: https://revelcityhomebuyers.com/ 📸 Revel City HomeBuyers’s Instagram: https://www.instagram.com/revelcityhomebuyers/ Welby’s charitable cause (100% of ad revenue goes here): - The Brooklyn Bank , the nonprofit he founded to foster financial literacy in urban communities Show Sponsor: - Open Door Capital - Providing affordable housing for residents while maximizing returns for investors BetterLife Tribe: - Interested in building wealth without losing your soul? Join the BetterLife Tribe here: https://join.abetterlife.com/tribe