Episode #1144 Try REsimpli, The Only All-In-One Real Estate Investor CRM Software That Helps You Manage Data, Marketing, Sales, and Operations: https://resimpli.com/biggerpockets?utm_source=bigger_pockets&utm_medium=youtube_qr_code&utm_campaign=real_estate_show Meet Dave at the Cash Flow Road Show Meetup: https://www.meetup.com/biggerpockets/events/ Episode Show Notes: https://lnk.to/biggerpocketsYT Join BiggerPockets for FREE 👇 https://www.biggerpockets.com/signup?utm_source=owned_media Let Us Know What You Thought of the Show! https://www.BiggerPockets.com/Podcastfeedback Grab the BRRRR Book, "Buy, Rehab, Rent, Refinance, Repeat": https://store.biggerpockets.com/products/buy-rehab-rent-refinance-repeat?utm_source=owned_media Sign Up for the BiggerPockets Real Estate Newsletter: https://www.biggerpockets.com/email-subscribe?utm_source=youtube&utm_medium=description&utm_campaign=none Find Investor-Friendly Lenders: http://biggerpockets.com/findlenders On the Market 334 - Is Florida a Warning Sign for the US Housing Market? https://www.biggerpockets.com/blog/on-the-market-334?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Ricardo: https://www.biggerpockets.com/users/ricardoadames?utm_source=youtube&utm_medium=description&utm_campaign=none Connect with Dave: https://www.biggerpockets.com/users/davem27?utm_source=youtube&utm_medium=description&utm_campaign=none In just three years, this investor scaled up to making over $100,000 per year thanks to real estate. He did it all starting in 2022 when interest rates were beginning to rise, the market was turning, and many investors decided to sit on their hands. Thanks to a strategy that allowed him to “recycle” his money, he went from one down payment to 16 rental units in record time. How’d he do it? Only in his 20s, Ricardo Adames already knew he wanted out of his career. Working harder wasn’t paying him dividends, so he knew he needed an extra income source. Even after taking a “risk” on his first deal, he was able to walk away with a perfect rental property that only cost him (after all was said and done) $5,000. How’s that possible? Simple—the BRRRR method. In this episode, Ricardo details this cash-recycling method investors can use TODAY to build a six-figure-producing real estate portfolio, even if you have little experience. Plus, Ricardo shares his exact “buy box”—the properties he’s targeting for more home-run real estate deals in 2025! 0:00 Intro 2:50 16 Units in 3 Years! 5:32 Do This BEFORE Investing 7:16 Home Run First Deal 11:59 Sponsor: REsimpli! 12:37 “Recycling” Your Money 18:19 8 Real Estate Deals at ONCE 20:44 Buying with High Rates 22:38 Investing in a Down Market (Florida) 27:01 Ricardo’s 2025 “Buy Box” 29:50 What’s Next?