She has 8 properties, 12 doors, and a $2.7 million portfolio. Eileen spent 20+ years in corporate PR and communications before she ever bought a property, and when she finally did, she started exactly where every serious investor should: mastering BRRRR.
In this episode, Eileen breaks down how she used BRRRR as her foundation, then layered co-living and midterm rental strategies on top of it to get more out of the properties she already owned. She walks through real numbers from her own portfolio, including a full breakdown of turning a 4-bedroom house into an 8-bedroom co-living property, and shares how she decides which strategy fits which property.
00:54 – From corporate PR to real estate investor
01:58 – Why BRRRR is the foundation for everything
04:33 – First BRRRR breakdown: the numbers
04:53 – Getting creative: turning a garage into an in-law suite
06:14 – Property #2: layering in co-living and a midterm rental
11:18 – Traditional rental vs. co-living: the cash flow comparison
13:25 – Property #3: inside a full co-living conversion
16:33 – The wins from Eileen's approach
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Resources:
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- Exact 5-day Blueprint One Property Away Challenge - http://onepropertyawaychallenge.com
- Join Our Tuesday Live Call: https://openspacesacademy.com/live?utm_source=youtube&utm_medium=organic&utm_campaign=video1
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Disclaimer:
This video is for educational and informational purposes only and does not constitute financial, legal, tax, or investment advice. Eileen's experience and results are specific to her individual deals and circumstances - they are not typical and are not a guarantee of future results. Real estate investing involves risk, including the potential loss of principal. Always do your own due diligence and consult a licensed professional before making investment decisions.
