Real estate brokerage with 45+ agents
Remington owns 50% of a real estate brokerage with over 45 licensed agents, generating additional income through commission splits and deal opportunities.
Snapshot · BiggerPockets Real Estate Podcast
I Started Investing with Just $7,500. Now I Own Millions in Rentals
Explore episode
Jul 6, 2026
Where this was said
Why Corporate Life Wasn't Enough: The Motivation to Invest
At 6:44 · chapter starts 5:35
Dave Meyer presses Remington on what specifically drove him away from what was objectively a good job — JPMorgan, finance bro, solid paycheck. Remington's answer is crisp: he was taught that performance gets rewarded proportionally. A 2% raise told him that's not how the corporate world works [1] — Remington Lyman "2% raise after stellar performance: After working extremely hard at JPMorgan, Remington received only a 2% raise — the equivalent of an inf…" 04:28 . Still, he didn't rage-quit. He worked at JPMorgan for four years, stacking rental properties the whole time, until the company laid him off in 2019. By then, he had 10 properties and could cover his lifestyle. The layoff, as he'd later admit, was the push he never would have given himself. It was scary — but it was also the best thing that ever happened to him.
$60K JPMorgan salary vs. single commission checks
Remington was making $60,000 annually at JPMorgan; after leaving he sometimes earns that same amount in a single real estate commission check.
100+ residential rental units in 10 years
Remington reached over 100 residential rental units plus 4 commercial deals within just 10 years of starting with his first duplex in 2017.
Similar snapshots
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Bhanu grew SiteGPT to $13,000 monthly recurring revenue entirely through organic channels, spending nothing on paid marketing.
1 million website visitors total
More than 1 million people have visited SiteGPT's website since launch in March 2023, all through organic channels.
90% of Google traffic from free tools
Approximately 90% of SiteGPT's Google search traffic comes from the free tools Bhanu built, not the main product pages.
Sold first SaaS for $250,000
Bhanu sold his first SaaS product, Feather, for $250,000 so he could focus fully on the faster-growing SiteGPT.
$500K total revenue since launch
SiteGPT has generated approximately $500,000 in total revenue since its launch in March 2023.
SiteGPT LTV ~$1,700–$1,800
The average customer lifetime value for SiteGPT is approximately $1,700 to $1,800, which Bhanu considers unusually high.
50,000 monthly visitors
SiteGPT receives around 50,000 visitors per month, of which about 200 convert to leads and 60 start free trials.
SiteGPT reached $10K MRR in month 1
SiteGPT hit $10,000 MRR within its very first month of launch, driven largely by early traction in the AI chatbot space.
Stuck at $2K MRR despite downloads
Despite strong download numbers, PropGPT could not push past $1,000–$2,000 MRR due to poor product retention.
