13: Flipping Homes & Flipping Your Mindset | Trent Loveland
This episode is chuck full of Trent's experience as house flipper here in Utah, and all the bumps along the way. Nobodies journey is the same. Trent talks about grinding his insurance agency with his wife, while managing a cell phone store, for 12 years, only to have ONE RENTAL make the same in equity as the insurance business made after selling it! Sharing is also caring, and in today's Real Estate market, sharing your knowledge and helping others with their journey and/or deals, only benefits us all! The BRRRR is WRRRD. If there is one method Trent has lived and died by, it is the BRRRR Method. Rinse and repeat. So stoked that Trent joined us in the studio and shared his awesome story and hope you enjoy his episode as much as we did!
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This episode was edited and produced by Nate Patch.
In the spring of 2016, I made a bold decision to sell my insurance book of business, not knowing exactly where my next step would lead. By the fall of that same year, I took a leap of faith and dove into real estate by purchasing my first flip. This decision came after meeting a mentor and friend who guided me through my first deal and showed me the ropes of real estate investing.
Since then, I’ve successfully flipped over 50 properties and currently hold 12 units as long-term rentals, generating more cash flow than my previous W2 job ever did. This shift has allowed me the freedom to live life on my terms — being present at all my kids' events, taking vacations, and enjoying a lifestyle I once only dreamed of.