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
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Welby’s charitable cause (100% of ad revenue goes here):
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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
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.