Quote · BiggerPockets Real Estate Podcast
I Started Investing with Just $7,500. Now I Own Millions in Rentals
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How Remington Found His First Mentor Through Cold Calling
At 18:25 · chapter starts 18:08
There's no shortcut described here — just old-fashioned hustle. Every day after work, Remington would pull lists from the county auditor's website and call owners of 2-to-4 unit properties in his target zip code [1] — Remington Lyman "Remington was cold calling property owners from the county auditor site after work to find deals. One owner didn't want to sell but gave hi…" 15:55 . Most said no. Some had interesting conversations. And one elderly owner, not interested in selling anything, gave Remington a phone number: a local agent who had found him deals for years. Remington called the agent, they met for a beer, and a mentorship was born. Dave Meyer's takeaway is pointed: the best mentors aren't found through a prescribed process — they emerge from consistent, genuine effort and relationship-building. This is the story behind the story of that landmark BRRRR deal.
Remington used a 1031 exchange to roll equity from a 4-unit property into a 24-unit apartment building, multiplying his unit count sixfold with one transaction.
After the BRRRR forced out all the capital and more, Remington and his mentor didn't stop there. They sold the 4-unit and used a 1031 exchange to defer taxes and roll all the equity into a 24-unit apartment building they still own today — found through the same cold calling hustle.
Columbus wasn't just convenient — it exploded with manufacturing investment from Intel, Anduril, and Honda, plus a massive higher education ecosystem supplying workforce talent. Remington saw it early and stayed put while the market appreciated around him.
