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/

Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms.

Join our Passive Investor Club for access to passive commercial real estate investment opportunities.

LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes                  

 

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!

This episode is brought to you by Roofstock, the world’s largest residential real estate investing marketplace. Open an account for free and start browsing turnkey investment properties today.

We are also supported by You Need a Budget. YNAB is a different kind of personal financial tracking company. They’ll help you track and plan your money with your priorities in mind. Open your trial account today and give it a shot!

About the Host

Taylor on stage

Hi, I’m Taylor. I help busy professionals escape the Wall Street Casino and build wealth on Main Street by investing in real estate. I started the Passive Wealth Strategy Show because I realized that the typical “skip that $3 latte once a week” financial advice does not produce the life of abundance that so many Busy Professionals desire.

I help passive investors invest in multifamily and self storage real estate syndications through my company NT Capital.

Don’t forget to follow on Instagram @passive_wealth_strategies

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6 Ways To Passively Invest in Real Estate

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Extremely useful podcast
Extremely useful podcast
@thehappyrexan
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Short, impactful with excellent guests. If you have a full time W-2 job or business and are looking for ways to get involved in real estate on the side, this is for you.
Simple & effective information!
Simple & effective information!
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This podcast is worth listening to for investors at all levels. The information is simplified for the high level investors but detailed enough to educate seasoned investors about nuances of the business. I recommend!
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Awesome Podcast!!!
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The host of Passive Wealth Strategies for Busy Professionals podcast highlights all aspects of real estate investing and more in this can’t miss podcast! The host and expert guests offer insightful advice and information that is helpful to anyone that listens!
Great podcast!
Great podcast!
@Owchy
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Love all the information and insights from Taylor and his guest. Fun and entertaining. Highly recommend.
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