Doubling your net worth in only a year? Seems impossible, right? Is making such massive money moves during a down market even realistic? If you think it can’t be done, tune in, and you’ll hear exactly how repeat guest Yourri Dessureault did it. Yourri’s name may sound familiar; we talked to him back on BiggerPockets Money episode 236, where he spoke about trying to achieve a massive $7,000,000 retirement goal while making $120K per year. But, a lot has changed in seventeen-or-so months.

Yourri has returned with a much bigger paycheck, a ten-unit real estate portfolio, and a net worth that dwarfs what he presented in 2021. So, how did he make such big moves, and what was the catalyst for him to get on the financial freedom fast track? Over the past year, Yourri has been extremely disciplined with his finances, looking at every dollar he had and asking whether or not it was doing the best it could. As a result, he’s decided to sell off some significant stock holdings, put his Bitcoin mining on pause, and go headfirst into the world of real estate investing.

Now, with nine rental properties out of state, Yourri is starting to build an outsourced team that can work to help his wealth grow while he spearheads an effort to fund bigger, better deals. Through intelligent networking, Yourri found a “golden goose,” slowly feeding him real estate deals that’ll make him rich in no time. If you want to repeat Yourri’s almost unbelievable system for building wealth quickly, you’ll need to tune in!

Show Notes at:
https://www.biggerpockets.com/blog/money-389?utm_source=youtube&utm_medium=description&utm_campaign=none
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Hear Our Last Episode with Yourri:
https://www.biggerpockets.com/blog/biggerpockets-money-podcast-236-yourri?utm_source=youtube&utm_medium=description&utm_campaign=none
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Your Step-by-Step Guide to Buying Out-of-State Investment Properties:
https://www.biggerpockets.com/blog/biggerpockets-podcast-515?utm_source=youtube&utm_medium=description&utm_campaign=none
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How to Hit $10M Net Worth in 10 Years (Or Less):
https://www.biggerpockets.com/blog/biggerpockets-money-podcast-260?utm_source=youtube&utm_medium=description&utm_campaign=none
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Connect with Yourri:
BiggerPockets: https://www.biggerpockets.com/users/yourrisamuel?utm_source=youtube&utm_medium=description&utm_campaign=none
Instagram: @y.dessureault or https://www.instagram.com/y.dessureault/
LinkedIn: https://www.linkedin.com/in/yourridessureault/
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Connect with Mindy on BiggerPockets:
Mindy: https://www.biggerpockets.com/users/mindyjensen?utm_source=youtube&utm_medium=description&utm_campaign=none

Episode #389

00:00 Intro
01:43 Money Moment
02:17 No More Free Heat!
06:03 Doubling His Net Worth in 1 Year!
11:45 Taking a Gamble on His W2
16:28 Building an Explosive Real Estate Portfolio
31:21 Financing His Real Estate Deals
38:54 The Appreciating A-Frame
44:10 Retirement Accounts and Wealth Boosting
47:06 Connect with Yourri!