DiscoverThe BetterLife Podcast: Wealth | Real Estate Investing | LifeFrom the Projects to Ferrari-Driving 8-Figure Investor! Welby Accely
From the Projects to Ferrari-Driving 8-Figure Investor! Welby Accely

From the Projects to Ferrari-Driving 8-Figure Investor! Welby Accely

Update: 2024-07-02
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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

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From the Projects to Ferrari-Driving 8-Figure Investor! Welby Accely

From the Projects to Ferrari-Driving 8-Figure Investor! Welby Accely

Brandon Turner & Cam Cathcart