The Fastest Way to Financial Freedom: The Rent by the Room Method to Make $1,000/month Extra CashFlow

Sam and Rachel Wegert are the king and queen of co-living, with over 200 rooms currently rented to great tenants. Together, they’re proving that co-living isn’t just a fad - it’s a cash cow (and maybe even the future of affordable housing!)

But Sam and Rachel’s journey wasn’t all about making at least $1,000/month on every property. Sam grew up homeschooled on a small Virginia farm, later becoming a 15-year-old martial arts school owner. And Rachel navigated a challenging childhood.

In this episode, Sam and Rachel break down their proven system for transforming average homes into cash-flowing machines while maintaining well-functioning living spaces and keeping tenants happy.

Sam and Rachel also talk about:
- Their ideal tenants (and how they find them) 
- How to overcome zoning hurdles and navigate tricky legal loopholes
- Why co-living could be the answer to America’s affordable housing challenges
- How they minimize tenant drama and foster community 
- Strategies for boosting tenant retention

Books Mentioned:
- Loving What Is by Byron Katie
- The Untethered Soul by Michael Singer
- Think and Grow Rich by Napoleon Hill
- Outwitting the Devil by Napoleon Hill
- Soar with Your Strengths by Donald O. Clifton
- 4-Hour Work Week by Timothy Ferriss 

Connect with Sam and Rachel: 

Website: https://www.scaleyourrealestate.com/ 

Sam’s Instagram: https://www.instagram.com/samwegert 

Rachel’s Instagram: https://www.instagram.com/rachel_wegert/ 

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/ 

Sam and Rachel’s charitable cause (100% of ad revenue goes here):
- Elevation Church - An online church providing LIVE worship experiences where you can connect with “eFam” all over the world

🙏 SHOW SPONSORS

All of our show sponsors are handpicked by us to make sure they align with our values and can help YOU succeed in building wealth! Today's show sponsors are:

• Ballpoint Marketing - These guys know how to find deals… BallPoint Marketing is the leader (and the company that I use) for all things direct mail marketing! They’ll write the postcards, send them out, build out a CRM, and even field the calls for you! All you have to do is go to BallPointMarketing.com/BetterLife for a strategy call and a discount!

• TurboTenant - Market your rental, screen tenants, and collect rent… all in one place! Use the code BRANDON10 to get 10% off upon sign-up at TurboTenant.com/BetterLife. Or check out all of their incredible FREE resources for landlords at TurboTenant.com/Landlord-Toolbox!

Interested in building wealth without losing your soul? Join the BetterLife Tribe here: https://join.abetterlife.com/tribe

What is The BetterLife Podcast: Wealth | Real Estate Investing | Life?

Uncover the secrets to living a BetterLife with us - investors and friends, Brandon Turner & Cam Cathcart. Join our conversations about real estate investing, wealth building, and lifestyle design with industry experts and seasoned entrepreneurs. Join us as we explore the habits, actions, and beliefs that will lead you to your BetterLife without losing your soul.