Show notes
📊 RENTAL TRACKER SPREADSHEET
Run the return on equity math on every rental you own, one unit at a time, with Brett's video walkthrough. bewealthypodcast.com/tracker
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🎟 JOIN US AT THE WORKSHOP
Spend a working day with Brett. Bring your biggest challenge, leave with a plan. See upcoming dates at bewealthy.com/events
📞 BOOK A CALL WITH KATELYN
Want to walk through your numbers with someone on Brett's team? Book a time with Katelyn: https://bewealthypodcast.com/call
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Why I'm Selling My Rental Properties (I Owned 130) | Brett Tanner & Katelyn Mitchell
Five years ago I owned 130 single family rentals. Today I'm down to 19, and in their place I own a Starbucks, a Denny's, a retail building with two national credit tenants, a cell tower leased to AT&T, natural gas royalties, and 63 units in northern Arizona. Katelyn and I walk through every one of those 1031 exchanges wiht the real closing numbers, why return on equity is the number that finally told me to move, and the two things to check on your own portfolio before you decide to keep it.
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⏱ TIMESTAMPS
0:00 Intro
5:02 130 Houses Down to 19
6:06 Management Units and Lazy Equity
8:19 The Huntsville Bet
13:51 Rising Landlord Costs
18:03 Return on Equity Math
29:30 How 1031 Exchanges Work
31:04 Rentals Into a Starbucks
35:32 21 Houses, One Cell Tower
39:49 Why Investors Stay Comfortable
47:03 Houses Into Gas Royalties
50:43 Nine Houses, One Denny's
55:11 Ten Houses, 63 Units
57:49 Failed 1031s, Reverse Exchanges
59:55 Credit, Documents, Dirt
1:03:10 Soft Costs
1:09:09 Homework: Rental Tracker
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📚 BOOKS & RESOURCES MENTIONED
- The Millionaire Real Estate Investor by Gary Keller
- Same As Ever by Morgan Housel
- The Psychology of Money by Morgan Housel
- The Art of Spending Money by Morgan Housel
- Episode: Why Your Single Family Rentals Are Bad Investments in 2026 https://youtu.be/DJHpGPTL3xs
- Episode: I bought a Starbucks from a bad hard money loan https://youtu.be/m7KzPhI-sAU
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📊 SOURCES & DATA
Every study and number Brett cites in this episode, with links: https://docs.google.com/document/d/1ET5rM-q_o3k1TSCBCPBrpDaLcF-Xr8SCPMtCb1sjm7c/edit
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🔗 GET CONNECTED
Website: bewealthypodcast.com
YouTube: youtube.com/@bewealthybrett
Instagram: instagram.com/bewealthybrett
Facebook: facebook.com/brettbewealthy
X/Twitter: x.com/bewealthybrett
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🎁 FREE RESOURCES
Some links below are partner or affiliate links. Be Wealthy may earn a commission at no extra cost to you.
Free Tools & Downloads: https://www.bewealthypodcast.com/#resources
Cost Segregation Studies & 45L Tax Credit: SingleFamilyCostSeg.com
Infinite Banking Education: SaveLikeaBank.com
Self-Directed IRA: MaxOutRetirement.com
Trust & Entity Structure: SetupMyEstate.com
Off-Market Deals & Direct Mail: TheMagicMailers.com
1031 Exchange: Exchange1031Now.com
Bookkeeping & Financial Services: BooksOffMyPlate.com
PPC & Digital Marketing for RE Investors: ScaleMyDeals.com
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🎙 ABOUT THE SHOW
The Be Wealthy Podcast brings entrepreneurs the strategies to grow their business, then teaches them how to think about their money. Because wealth is far more than money. It's freedom. Hosted by Brett Tanner & co-pilot Katelyn Mitchell.
Mission: Get Free.
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⚠️ DISCLAIMER
Be Wealthy and its affiliates do not provide tax, legal, or accounting advice. This material has been prepared for informational and entertainment purposes only. You should consult your own tax, legal, and accounting advisors before engaging in any transaction.
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