Podbit · BiggerPockets Real Estate Podcast
Remington and his college roommate split $600/month rent in a roach-infested apartment to save up for a duplex down payment. Within months they had their first property and were living nearly rent-free while building equity.
Where this was said
At 3:16 · chapter starts 1:58
Remington's story starts in an unexpected place: a rifle team scholarship to Ohio State, where he majored in finance. After graduating, he landed a typical analyst job at JPMorgan, but his entrepreneurial instincts never settled. When his apartment lease ended, he and his roommate — splitting $300/month each in a roach-infested apartment to save money — decided to stop paying rent to someone else. They bought a $330,000 duplex in Columbus, renovated the other side themselves, found another tenant on Craigslist, and ended up making about $50 per month while living essentially for free [1] — Remington Lyman "First duplex cost $330,000 in 2017: Remington's first duplex in Columbus, Ohio cost $330,000 in 2017, which he and his partner considered e…" 03:58 . It was a classic, scrappy first step — but it set the template for everything that followed.
Remington Lyman started his real estate investing journey with only $7,500 to his name, purchasing his first duplex via a house hack with a roommate.
Remington's first duplex in Columbus, Ohio cost $330,000 in 2017, which he and his partner considered expensive at the time.
After working extremely hard at JPMorgan, Remington received only a 2% raise — the equivalent of an inflation-matching bump — which motivated him to invest in real estate.
While working full-time at JPMorgan, Remington grew his portfolio to 10 rental properties before being laid off in 2019.
Sam built Algrow, a SaaS for finding viral content formats, with zero coding experience using ChatGPT and Cursor. Six months later: 10,000 users, $14K/month in revenue.
Sam's first MVP threw an application error on its very first user — and he shipped it anyway. The core idea worked, and that was enough to validate the product and keep users coming back.
Sam joined Discord voice chats, muted himself, and silently screen-shared his product. Users in the chat started tagging him asking what the tool was. No pitch needed — curiosity did the selling.
Most founders post links in Discord and immediately get banned for self-promotion. Sam's approach was the opposite: build rapport, help people with the tool, let word of mouth do the work.
Find where your ICP lives. Listen before building. Validate with DMs and Loom recordings. Build in public with users inside your own Discord server. Turn early adopters into advocates with free access.
Instead of fearing the self-promo ban in large Discord servers, create your own private server for your product. You funnel in ideal customers and build a relationship that email can't replicate.
Algrow helps creators find and replicate viral video formats, starting at $25/month. It analyzes subscriber counts, average views, and trending formats — and can even generate the videos with AI.
After weeks of Sam silently screen-sharing in a Discord server, the server owner — unprompted — made a full YouTube promotional video about Algrow. Sam paid nothing and asked for nothing.
Producer Gus admits Discord never crossed his mind as a customer acquisition channel. Pat connects the insight to a broader lesson: match your distribution channel to where your actual customers live.
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