The UpFlip Podcast

171. How to Build Your Real Estate Portfolio with Other People’s Money

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January 20, 2025 6:00am

28m

How do you build a $75,000 per month real estate business without having money of your own? In this episode, we dive into the inspiring journey of Eric Moeller, founder of Freewyld, who proves that you don’t need money to get started in real estate. 

Eric shares how he leveraged other people’s money (OPM) and strategic borrowing to acquire properties and scale his unique cabin rental business. From flipping his first house at 18 to redefining the hospitality industry, Eric reveals his secrets to using storytelling, intentional design, and a strong company culture to build a thriving brand. 

Whether you’re just starting out or ready to scale, this episode is packed with actionable insights to fuel your entrepreneurial growth.

Key Takeaways:

  • How reading Rich Dad Poor Dad inspired Eric to start using other people’s money (OPM) to invest.
  • The story of buying and flipping his first house at 18, showing that you don’t have to have money to get started.
  • Why borrowing money and working with investors is critical for scaling a real estate business.
  • Why unreasonable hospitality has built his brand.
  • How Airbnb serves as a key channel for driving bookings and profitability.
  • Why authenticity on social media helps build deeper connections with your audience.
  • The value of surrounding yourself with positive, growth-oriented people.
  • A step-by-step guide to setting measurable goals and staying accountable.
  • How success should push you to keep learning, growing, and aiming higher.

Resources:

Ready to be your own boss without starting from scratch? Grab our FREE Franchise Guide and unlock the secrets of proven business models that have already created thousands of success stories.

Connect with UpFlip:

For more insights to start, build, or grow a business, check out the resources on UpFlip.com or head to the UpFlip YouTube channel to see more interviews with business owners and experts.

Thanks for listening!