Retiring Early with Real Estate, a True Story! with Veronica & Will Pritchett
Will and Veronica Pritchett are truly a power couple! He is a Firefighter, and Veronica quit her job as the assistant principal of a high-school to work full-time on their real estate business! They started with a simple rental, and are now avid users of the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). They have gotten so good at this that they have private lenders lined up to invest with them. This allows them to purchase the property with ZERO money out of their own pocket!
[00:01 – 05:39] Opening Segment
- Retirement through real estate investing with the firefighter-educator couple, Will and Veronica Pritchett
- Financial freedom is possible even if you’re not from extreme wealth
- Will talks about their experience using BRRRR Strategy
[05:40 – 15:07] Building Business towards Financial Freedom
- Will shares about their experience in creating first partnerships with lenders
- Veronica talks about their roles in their business
- Success is earned through a team approach
- The difficulties of being a woman in a man-dominated field
[15:08 – 29:01] Strategies to Keep Your Business Growing
- Always have multiple exit strategies
- Business takes risks and sacrifices
- Personal and Business goal settings
- Constantly Moving and Adjusting goals
[29:02 – 36:58] Closing Segment
- Quick break for our sponsors
- The first step to growing your wealth is tracking your wealth, income spending and everything else about your finances, you can start tracking your wealth for free and get six free months of wealth advisor. Learn more about Personal Capital at escapingwallstreet.com
- What is the best investment you’ve ever made other than your education?
- Prioritizing travel as a family
- Network building and network maintenance
- Will and Veronica’s worst investments
- Locking up too much money for long, long term
- Selling properties outside the 10:31 exchange
- What is the most important lesson you’ve learned in business and investing?
- “Remain patient and consistent”
- “Understand the reason why you’re doing this.”
Connect with Will and Veronica Pritchett through homeagainessay.com and Instagram
Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/
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Resources Mentioned
Tweetable Quotes:
“It does feel slow starting out, one rental is probably not gonna get you there. But start with the first one, learn what you can, continue to educate yourself.” – Will Pritchett
“I think you have to have a plan. You’ve got to readjust as things happen.” – Will Pritchett
“I think the biggest lesson was to be really patient and consistent.” – Veronica Pritchett
About our Guest
Will and Veronica Pritchett
Will and Veronica Pritchett are truly a power couple! He is a Firefighter, and Veronica quit her job as the assistant principal of a high-school to work full-time on their real estate business! They started with a simple rental, and are now avid users of the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat). They have gotten so good at this that they have private lenders lined up to invest with them. This allows them to purchase the property with ZERO money out of their own pocket!
