Can you afford your “dream house” right now? The one with the pool and the ocean views, space for the kids to run around, and a huge pantry. The secret nobody will tell you: you CAN afford your dream house right now—or at least you can afford the investment that will get you there. Just ask James Dainard, who took a $175,000 hoarder condo and turned it into what would eventually become his $8,500,000 dream house. You can do the same using his level-up strategy.
James only started with $9,000, which turned into multiple millions over the next fifteen years. He would buy a house, fix it, and trade it up for a better one, repeating this strategy five times until he reached the goal: a 9,000-square-foot luxury home in one of the priciest markets in America, Scottsdale, Arizona.
He made millions of dollars completely tax-free because of this live-in flip strategy that ANYONE can use to massively multiply their wealth and take them to their dream home. And maybe you don’t want an $8,500,000 mansion—that’s fine! It only took James three house flips to get into “dream home territory,” and you can do the same!
Dave:
From a 1000 square foot condo to a 9,000 square foot luxury home in just five steps. Today we’re talking about how to add value to your house so you can trade up into the home your family dreams about without having to spend your savings. Hi friends. Dave Meyer here for another episode of the BiggerPockets podcast where we teach you how to achieve financial freedom through real estate. I’ve got James Dainard on the show with me here today, and if you’ve heard James on the show before, you know he’s all about value. Add renovating homes to increase their price and sell them at a profit. But James hasn’t only added value on the thousands of homes. He’s flipped as investment properties during his investing career. He’s also done it on the homes he’s owned and lived in. And you probably hear me say this all the time on the show, but…